Increasing prevalence of skin cancer is expected to drive the growth of global dermatoscope market during the forecast period.
According to TechSci Research report, “Dermatoscope Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027”, the global dermatoscope market is expected to grow at a steady rate during the forecast period on account of growing prevalence of different skin problems worldwide especially skin cancer. Additionally, flourishing cosmetic industry worldwide is further expected to support the market growth.
However, the presence of alternatives such as SPECT & PET for examination and diagnosis of different skin lesions may restrain the global dermatoscope market growth in the forecast period. Furthermore, the development of biological agents for melanoma detection can further restrict the growth of global dermatoscope market during the forecast period.
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The global dermatoscope market is segmented into product, technology, modality, application, end-user, and region.
Based on modality, the market can be categorized into handheld, trolley mounted and headband. The handheld modality led the market in 2021 due to the appropriate usage of these products. They provide an improved visualization that helps dermatologists to understand a wide range of problems. For trolley-mounted dermatoscopes, these instruments’ are very light weight and provides a better viewing experience, which is why their usage is rising.
Based on application, the dermatoscope market segmented into skin tumors, fungal infections, warts, scarbies and others. The skin tumors segment is expected to dominate the market in the next few years on account of growing prevalence of different types of skin cancers among the population worldwide requiring dermatoscopes for examination of lesions.
Based on technology, the global dermatoscope market can be fragmented into LED, xenon, halogen and ultraviolet. The LED technology dominated the market in 2021 and is expected to continue maintaining its dominance during the forecast period since LEDs produce less heat during illumination and reduce accidental fatalities. These bulbs provide illumination that is also brighter than that provide by halogen and xenon bulbs. Xenon technology and halogen lights are expected to maintain relatively smaller shares in the market during the forecast period. Halogens produce a huge quantity of heat that can cause fatalities in medical settings where they are applied. Similarly, xenon lights have a variety of drawbacks. Ultraviolet technology is predicted to witness lucrative growth during the forecast period for its introduction as a novel technology in the field of dermatoscopy.
Major companies operating in global dermatoscope market include:
- Canfield Scientific, Inc.
- FotoFinder Systems, Inc.
- HEINE Optotechnik GmbH & Co. KG
- Caliber Imaging & Diagnostics, Inc.
- ILLUCO Corporation Ltd.
- Bio-Therapeutic, Inc.
- Optilia Instruments AB
- Rudolf Riester GmbH
- NIDEK CO., LTD.
- KIRCHNER & WILHELM GmbH + Co. KG
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“Asia Pacific region is expected to register the highest growth in the global dermatoscope market on account of the growing prevalence of different skin problems such as basal cell carcinoma, melanoma, squamous cell carcinoma, actinic keratosis, among others in different countries across the region, especially the two of the world’s highly populous countries China and India. Additionally, presence of various regional players manufacturing dermatoscopes at an affordable cost especially in China is expected to support the market growth in the region. Furthermore, growing healthcare expenditure coupled with increasing healthcare awareness among the population in the region is expected to create lucrative opportunities for the overall market growth” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Dermatoscope Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Product (Contact, Hybrid, Non-Contact), By Technology (LED, Xenon, Halogen, Ultraviolet), By Modality (Handheld, Trolley Mounted, Headband), By Application (Skin Tumors, Fungal Infections, Warts, Scabies, others), By End User (Dermatology Clinics , Hospitals, Others) and By Region”, has evaluated the future growth potential of global dermatoscope market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global dermatoscope market.
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