Summary:
The global Dermatoscopy Device Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
A dermatoscopy device is a medical diagnostic instrument used to look at the skin of a patient. These devices use a microscopic lens and illumination to visualize different layers of skin, including moles. Dermatologists use these devices for the early detection and prevention of skin cancer. Most commonly, a dermoscopy device is used to look at moles for diagnostic purposes. There are several types of dermoscopy devices, which include a hand-held version and a surgical instrument. A dermoscopy device has the added benefit of enabling the physician to view the lesions deeper than the human eye. A dermoscopy device can provide images of subsurface structures, such as blood vessels, skin cells, and nerve endings. The images can also be stored in a system such as PhotoMAX, which allows a dermatologist to compare images from different explorations and determine whether a lesion is benign or malignant.
Market Drivers:
Increasing cases of skin cancer and other skin diseases is expected to propel the growth of the global dermatoscopy device market over the forecast period. According to the estimates of the American Academy of Dermatology Association, in 2022, melanoma is expected to affect 197,700 people, and 99,780 invasive and 97,920 noninvasive cases are expected to be diagnosed in the U.S.
Growing technological development and rising healthcare expenditure is also expected to propel the growth of the global dermatoscopy device market.
Market Restraints:
Unfavorable reimbursement scenarios, stringent regulatory policies as well as side effects caused by dermatological treatment are the factors expected to hinder the growth of the global dermatoscopy device market over the forecast period.
Regional Analysis:
North America is expected to witness substantial growth in the global dermatoscopy device market over the forecast period. This is attributed to growing cases of skin diseases such as rosacea and eczema, and an increase in the adoption of cosmetic procedures in the region.
Asia Pacific is also expected to witness significant growth in the global dermatoscopy device market over the forecast period. The growth is attributed to the availability of affordable options of treatment, increasing multinational companies investing in R&D in the region.
Key Players:
Major players functioning in the global dermatoscopy device market are Metaoptima, Dermlite, Firefly Global, Heine, Caliber I.D., Dino-Lite, FotoFinder, Canfield Scientific, KaWe, WelchAllyn, and AMD Global.
In January 2021, Casio Computer Co., Ltd. released its DZ-D100 DERMOCAMERA designed for taking close-up shots with the lens directly touching the skin and also for taking ordinary shots using a single camera.
The Dermatoscopy Device Market report highlights product development and growth strategies such as mergers and acquisitions adopted by market players along with SWOT Analysis, PEST, and Porter’s Five Forces analyses of the Dermatoscopy Device Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- Dermlite
- Heine
- Dino-Lite
- Canfield Scientific
- WelchAllyn
- AMD Global
- KaWe
- FotoFinder
- Caliber I.D.
- Firefly Global
- Metaoptima
By the Product Type, the market is primarily segmented into:
- Traditional Dermatoscope
- Digital Dermatoscope
By Applications, the market is segmented into:
The report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Dermatoscopy Device Market Report:
- To assess the size of the market by value and volume
- Analyze the Dermatoscopy Device Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine the share of the Dermatoscopy Device Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state–of–the–art tools and the current primary and secondary research approaches
- Discuss major factors that impact the growth of the Dermatoscopy Device Market
The Dermatoscopy Device Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Dermatoscopy Device Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type, and application, 2019 is considered the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
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