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Dermatology Diagnostic Device Market Will Generate New Growth Opportunities by 2021

Press Release   •   Feb 04, 2017 02:00 EST

Dermatoscopy requires a powerful lighting system and high quality magnifying lens, to examine the skin structure and patterns. Dermatoscope is mainly used to assess pigmented skin lesion, skin tumor, scabies, fungal infection, and hair loss; and for locating a splinter, examining nail fold capillaries in cutaneous lupus erythematosus or systemic sclerosis, and detection of melanoma. It is also used to distinguish certain skin conditions, such as lichen planus, from others such as psoriasis and eczema.

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North America dominates the global market for dermatology diagnostic devices as a result of the increasing incidences of skin disorders such as psoriasis and melanoma, highly organized health care infrastructure, and increasing awareness about aesthetic procedures in the region. Asia is expected to exhibit a high growth rates in the next five years in the global dermatology diagnostic device market, with China and India being the fastest-growing markets in Asia Pacific. The key driving forces for the dermatology diagnostic device market in developing countries are the large pool of patients, rising standards of living, increasing government initiatives, growing demand for quality medical care, rising health care expenditure, and increasing health care awareness in the region.

Rising incidences of skin disorders (such as pigmentation, psoriasis, vascular lesion, and several tanning issues), increasing prevalence of skin cancer, growing demand for dermatologists, rise in geriatric population, increasing awareness about non-invasive aesthetic procedures, technological advancements in dermatology diagnostic devices as well as in the field of medical science, increase in health care awareness, and rise in health care expenditure are some of the key factors driving the growth of the global dermatology diagnostic device market. However, poor dermatology care, strict regulatory requirements for medical devices, reimbursement issues, competitive pricing of low-cost manufacturers, and availability of low cost substitutes act as major restraints for the growth of the global dermatology diagnostic device market.

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Increasing demand for technologically advanced and sophisticated diagnostic devices to examine patients pose an opportunity for the global dermatology diagnostic device market.

Key segments covered in this report are:

  • By type
    • Imaging techniques
    • Dermatoscopes
    • Microscopes
  • By application
    • Skin cancer diagnosis
    • Others

Top companies profiled in this report are:

  • Carl Zeiss Meditec
  • Nikon Corporation
  • Leica Microsystems GmbH
  • MELA Sciences, Inc.
  • GE Healthcare Ltd.
  • Bruker Corporation
  • Philips Healthcare
  • Heine Optotechnik GmbH
  • Siemens Healthcare Diagnostics Inc.
  • Toshiba Medical Systems Corporation
  • Photomedex, Inc.
  • Welch Allyn, Inc.

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