MarketAnalysis@Dermatology and Cosmetology 2020

US has the largest market for dermatology and is also forecast to be the leading market through 2028; GMR Data forecasts $12.3 billion in 2018 growing to $22.6 billion in 2028.The US is a prime target for brand drug manufacturers due to strong patent laws and high per capita health spending. US government data shows that the US has the highest total healthcare spending per capita globally, with $9,403 across 2014. The UK showed per capita spending of $3,935; France had $4,959. According to IMS Health, there are more than 9000 dermatologist and near about 8000 dermatology practices in USA representing a massive 10 billion dollar market value in this year which will be increased by more 3 billion next year. The increasing demand for the dermatology service is due to various skin disorders, skin cancer and most importantly the cosmetic surgery.