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Source: Zion Market Research

Global Dermatoscopes Market Expected to Reach USD 1,511 Million By 2025: Zion Market Research

According to the report, the global dermatoscopes market was valued at approximately USD 621 million in 2018 and is expected to generate around USD 1,511 million by 2025, at a CAGR of around 13.5% between 2019 and 2025.

New York, NY, Jan. 31, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Dermatoscopes Market by Product (Contact Dermatoscopes, Hybrid Dermatoscopes, and Noncontact Dermatoscopes), by Technology (LED, Xenon, Halogen, and Ultraviolet), by Modality (Handheld, Trolley Mounted, and Headband), and by Application (Skin Tumors, Scabies, Warts, Fungal Infections, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2025”. According to the report, the global dermatoscopes market was valued at approximately USD 621 million in 2018 and is expected to generate around USD 1,511 million by 2025, at a CAGR of around 13.5% between 2019 and 2025.

Dermatoscopy is the examination of skin lesions using a dermatoscope. It is a process to observe skin lesions by dermatologists, which mainly contains a transparent plate, a non-polarized light source, a magnifier, and a liquid medium between the device and the skin, and produces digital images or videos.

Browse through 71 Tables & 35 Figures spread over 110 Pages and in-depth TOC on “Global Dermatoscopes Market: By Product Type, Size, Share, Industry Trends, Segments, Analysis and Forecast 2018—2025”.

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Physicians and healthcare professionals are using these tools to diagnose and treat various skin disorders, which have proved to be highly productive and efficient in comparison to conventional diagnostic methods. This is the primary growth factor likely to fuel the dermatoscopes market globally in the future. However, the rise in prices of dermatoscopes makes them less affordable for people, which, in turn, might hamper the dermatoscopes market globally in the future.

The global dermatoscopes market is segmented based on product, technology, modality, and application. Based on product type, this global market is segmented into contact dermatoscope, hybrid dermatoscope, and noncontact dermatoscope. Contact dermatoscopes are likely to hold major market share in the future due to their easy availability in the market. Hybrid dermatoscopes are likely to grow at the highest CAGR in the upcoming years, as these medical devices have features of both contact and noncontact dermatoscopes. The technology segment of the dermatoscopes market includes LED, xenon, halogen, and ultraviolet. The LED segment held a major share of the global dermatoscopes market in 2017 and is anticipated to show a high rate of growth over the forecast time period. This can be attributed to its increasing use due to less heat production and more brightness offered. Based on modality, this market is divided into the handheld, trolley mounted, and headband. Handheld devices held the maximum market share in 2018 due to their easy usage. By application, this global market includes skin tumors, scabies, warts, fungal infections, and others. Skin tumors held the largest market share in 2017. As per the Skin Cancer Foundation 2017, more than 420,000 skin cancer cases are estimated to be reported in the U.S. alone each year, out of which 168,000 are likely to be of squamous cell carcinomas, 245,000 basal cell carcinomas, and 6,200 melanomas.

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By region, North America and Europe are likely to dominate the dermatoscopes market and hold almost 65% share together over the forecast time period. With increasing cancer cases, the mortality rate of the U.S. population is on the rise. Moreover, the prevalence of skin disorders, rise in the number of non-invasive cosmetic procedures, and rapid technological developments in the field of dermatology are likely to further drive the North American dermatoscopes market in the future. The high adoption rate of technologically advanced devices for diagnosis and treatment of various skin disorders, such as lesions and inflammatory dermatoses, especially Germany and France, is anticipated to drive the European dermatoscopes market over the estimated timeframe. Furthermore, the growing prevalence of skin disorders in the UK is projected to further propel this regional market in the future.

The Asia Pacific region is projected to register the highest CAGR in this global market in the future. The growing prevalence of melanoma, basal cell carcinoma, actinic keratosis, squamous cell carcinoma, and non-pigmented skin lesions across the region are some factors that are anticipated to drive this regional market in the upcoming years. Furthermore, major market players are focusing on the development of innovative and user-friendly products and making huge investments to deliver innovative products, which is likely to further drive this regional market in the years ahead.

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The Middle Eastern and African and Latin American regions are estimated to be the most potential markets over the estimated timeframe. This can be attributed to the growing incidences of skin cancers and melanoma and favorable governmental opportunities to companies to for conducting their research and development activities to develop new products for improved patient health in Brazil, Mexico, etc.

Browse the full “Dermatoscopes Market by Product (Contact Dermatoscopes, Hybrid Dermatoscopes, and Noncontact Dermatoscopes), by Technology (LED, Xenon, Halogen, and Ultraviolet), by Modality (Handheld, Trolley Mounted, and Headband), and by Application (Skin Tumors, Scabies, Warts, Fungal Infections, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2025” Report at https://www.zionmarketresearch.com/report/dermatoscopes-market

Some leading players of the global dermatoscopes market include HEINE Optotechnik GmbH & Co. KG, Canfield Scientific, Inc., FotoFinder Systems, Inc., Optilia, 3Gen, Caliber Imaging & Diagnostics, Inc., Firefly Global, Welch Allyn, ILLUCO Corporation Ltd., and Bio-Therapeutic, Inc.

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This report segments the global dermatoscopes market into:

Global Dermatoscopes Market: Product Analysis

  • Contact Dermatoscopes
  • Hybrid Dermatoscopes
  • Noncontact Dermatoscopes

Global Dermatoscopes Market: Technology Analysis

  • LED
  • Xenon
  • Halogen
  • Ultraviolet

Global Dermatoscopes Market: Modality Analysis

  • Handheld
  • Trolley Mounted
  • Headband

Global Dermatoscopes Market: Application Analysis

  • Skin Tumors
  • Scabies
  • Warts
  • Fungal Infections
  • Others

Global Dermatoscopes Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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