Dermatology Diagnostic Devices Market Overview and Analysis By Diagnostic Device Type (Microscopes, Dermatoscopes, Imaging devices), Application (Skin Cancer Diagnostics, Skin Lesion), End Users, Size, Share, Future Trends and Top Manufacturers
Market Research Future’s (MRFR) latest research report studies that to be driven by rising prevalence about skin cancer by 2022. Dermatology diagnostic devices are used to diagnose various afflictions of the skin, ranging from minor and harmless skin lesions and rashes to skin cancer. While patients in years gone by would have ignored minor skin conditions, the modern consumer is aware about the various ways in which even minor skin conditions can be treated and is ready to utilize them to maintain healthy skin. This has driven significant growth in the global dermatology diagnostic devices market over the last few years. Growing awareness about skin conditions such as lesions and rashes and the increasing desire among patients to maintain a perfect appearance without scars or rashes are likely to be key drivers for the global dermatology diagnostic devices market over the forecast period.
Advancement in dermatology diagnostic technologies has enabled practitioners to diagnose and treat skin diseases more effectively. Latest developments in skincare technology is helping to solve some of the biggest challenges in the dermatology related healthcare industry. For instance, recently in a research led by Royal Free London NHS Trust, AI has been used in dermatology. DERM as the AI platform is called was successful in correctly identifying malignant lesions with greater specificity than clinical experts. DERM, which has acquired the CE mark is a medical device, that can aid in detecting 11 common skin lesion types, including melanoma.
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Dermatology Diagnostic Devices Market Segmentation:
The global dermatology diagnostic devices market is segmented based on device type, application, end use, and region.
By Device Type, the global dermatology diagnostic devices market is segmented into dermatoscopes, imaging devices, and microscopes.
By application, the dermatology diagnostic devices market is segmented into skin cancer, lesions, and others.
By end use, the dermatology diagnostic devices market is segmented into hospitals, research labs and centers, institutions, and others.
Diagnostic Devices Market Competitive Analysis:
Top Leading players dermatology diagnostic devices market include Cutera Inc., Galderma S.A., Michelson Diagnostics Ltd., Genentech Inc., Dino-Lite Europe/IDCP BV, Cynosure Inc., Lumenis Ltd., Alma Lasers Ltd., and Valeant Pharmaceuticals. Leading players in the dermatology diagnostic devices market are likely to focus on product development and research in the coming years, as the demand for more accurate and reliable dermatology diagnostic devices has grown over the last few years. Increasing the distribution network to access undersupplied markets in emerging regions is also likely to be a fruitful strategy for players in the global dermatology diagnostic devices market over the forecast period.
In April 2019, MedX Health Corp. signed an exclusive distribution agreement with CBD Vida to enable skin scanning and diagnostics throughout Brazil. The high prevalence of skin cancer in Brazil has made this a highly promising venture for MedX.
Diagnostic Devices Market Regional Analysis:
North America is likely to remain the dominant regional market for dermatology diagnostic devices over the forecast period due to the strong presence of major market players as well as the growing awareness about skin cancer and the increasing disposable income of consumers, which allows them to access expensive diagnostic processes and treatments for skin conditions.
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