The dermatology endoscopy devices market size is expected to see strong growth in the next few years. It will grow to $3.1 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. In the forecast period, the growth of dermatology endoscopy devices can be attributed to factors such as the rise in skin cancer cases, expansion of minimally invasive procedures, increased adoption of telemedicine and remote consultations, market expansion in emerging economies, and the implementation of personalized treatment approaches. Key trends in the forecast period include a focus on user-friendly interfaces, an increase in cosmetic dermatology procedures, emphasis on customization and patient-specific solutions, integration of multimodal imaging modalities, and the incorporation of wireless connectivity for telemedicine applications.
The surge in skin diseases' incidence is expected to drive the growth of the dermatology endoscopy devices market. Skin diseases encompass various conditions such as infections by bacteria, viruses, fungi, allergens, parasites, skin cancer, and other dermatological concerns. Dermatology endoscopy devices facilitate skin condition assessment, aiding effective treatments for issues such as pigmented and non-pigmented skin lesions, scabies splinters, psoriasis, eczema, and more. For instance, as reported by the National Psoriasis Foundation in February 2023, over 7.5 million people in the United States, roughly 3% of the adult population, are affected by psoriasis. This rising prevalence of skin disorders fuels the demand for dermatology endoscopy devices.
The burgeoning telemedicine services are projected to contribute significantly to the dermatology endoscopy devices market. Telemedicine enables remote healthcare consultations, allowing dermatologists to assess skin conditions visually through digital communication tools. Dermatology endoscopy devices play a pivotal role in providing high-quality visuals for virtual consultations. Data from the Centers for Disease Control and Prevention in October 2022 indicated that 37.0% of adults had utilized telemedicine services in the previous year. Notably, there's a correlation between age and telemedicine usage, with higher percentages among older demographics. The convenience and accessibility of telemedicine drive the demand for advanced devices supporting remote skin condition assessments.
Technological advancements are a prevailing trend in the dermatology endoscopy devices market. Leading companies in this sector prioritize innovation to enhance observation capabilities and maintain market competitiveness. For instance, Derma Sensor Inc, a US-based health technology firm, launched Derma Sensor in June 2022. This skin cancer detection device uses Elastic Scattering Spectroscopy (ESS), employing non-invasive tissue sampling and recording cellular-level information from skin lesions. The device's patented algorithm swiftly processes spectral data, delivering results within seconds, eliminating the need for external interpretation and facilitating swift diagnostics in primary care settings. Such technological advancements enhance diagnostic capabilities, offering faster and more accessible dermatological assessments.
Major players in the dermatology endoscopy devices market are innovating by introducing advanced products such as dermatology camera systems, aimed at expanding their customer base and increasing revenue. These camera systems are specialized medical imaging devices designed for capturing high-resolution images and videos of the skin, primarily used in dermatology and related medical practices for diagnostic, monitoring, and documentation purposes. For example, in September 2022, Casio America Inc., a US-based electronics manufacturer, received approval from the U.S. Food and Drug Administration (FDA) for its DZ-D100 Dermocamera and DZ-S50 Dermoscope. The Dermocamera is notably capable of comprehensive examination of affected areas by analyzing their color and structure, precisely locating them on the skin's surface, and clearly defining their boundaries. This is achieved by capturing polarized, non-polarized, and UV images simultaneously from the same perspective. These images are wirelessly transmitted via Wi-Fi to specialized software, where they are automatically categorized into predefined folders. The software presents the images with scale information and includes a measuring function to enhance diagnostic capabilities.
In April 2022, EMZ Partners, a Germany-based investment firm, acquired a majority stake in FotoFinder Systems GmbH, a German company specializing in skin visualization equipment such as video dermoscopy. This strategic partnership is aimed at facilitating FotoFinder Systems GmbH's expansion of its product range and entry into new markets. The company provides skin visualization solutions to dermatologists, dermatology clinics, hospitals, screening facilities, and research organizations.
Major companies operating in the dermatology endoscopy devices market report are AMD Global Telemedicine Inc., Bausch Health Companies Inc., Caliber Imaging & Diagnostics Inc., Canfield Scientific Inc., DermLite LLC, DermoScan GmbH, Firefly Global LLP, HEINE Optotechnik GmbH and Co. KG, Illuco Corporation Ltd., Jedmed Instrument Company, MetaOptima Technology Inc., Optilia Instruments AB, Pixience Healthcare Technology Solutions, Rudolf Riester GmbH, Alma Lasers Ltd., Pro Scope Systems LLC, MeKo Laser Material Processing, Biolitec AG, Genesis Biosystems Inc., Cynosure Inc., Ambicare Health Ltd., Nikon Corp., Cutera Inc., Agilent Technologies Inc., Lumenis Ltd., Applisonix Ltd., Bruker Corp., Carl Zeiss Meditec AG, AnMo Electronics Corporation, FotoFinder Systems GmbH.
North America was the largest region in the dermatology endoscopy devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the dermatology endoscopy devices market report during the forecast period. The regions covered in the dermatology endoscopy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the dermatology endoscopy devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The main types of dermatology endoscopy devices include traditional or analog dermatoscopy and digital dermatoscopy. Analog dermatoscopy, also known as chemiluminescence microscopy (ELM), utilizes magnifying lenses for a detailed examination of skin lesions. These devices are often used in combination with a digital camera or smartphone to capture images for subsequent analysis. The major product categories include polarized, non-polarized, and hybrid devices, which utilize various light sources such as LED, halogen, xenon, and UV. Additionally, these devices come in different modalities, such as handheld, headband, and trolley-mounted, catering to various applications such as skin cancer, warts, scabies, and others.
The dermatology endoscopy devices market research report is one of a series of new reports that provides dermatology endoscopy devices market statistics, including dermatology endoscopy devices industry global market size, regional shares, competitors with a dermatology endoscopy devices market share, detailed dermatology endoscopy devices market segments, market trends, and opportunities, and any further data you may need to thrive in the dermatology endoscopy devices industry. This dermatology endoscopy devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
Executive Summary
Dermatology Endoscopy Devices Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on dermatology endoscopy devices market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for dermatology endoscopy devices? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
Markets Covered:1) By Type: Traditional Or Analogue Dermatoscopes; Digital Dermatoscopes
2) By Product: Polarized; Non-Polarized; Hybrid
3) By Light Source: LED (Light Emitting Diode); Halogen; Xenon; UV (Ultraviolet)
4) By Modality: Handheld; Headband; Trolley-Mounted
5) By Application: Skin Cancer; Warts; Scabies; Other Applications
Companies Mentioned: AMD Global Telemedicine Inc.; Bausch Health Companies Inc.; Caliber Imaging & Diagnostics Inc.; Canfield Scientific Inc.; DermLite LLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- AMD Global Telemedicine Inc.
- Bausch Health Companies Inc.
- Caliber Imaging & Diagnostics Inc.
- Canfield Scientific Inc.
- DermLite LLC
- DermoScan GmbH
- Firefly Global LLP
- HEINE Optotechnik GmbH and Co. KG
- Illuco Corporation Ltd.
- Jedmed Instrument Company
- MetaOptima Technology Inc.
- Optilia Instruments AB
- Pixience Healthcare Technology Solutions
- Rudolf Riester GmbH
- Alma Lasers Ltd.
- Pro Scope Systems LLC
- MeKo Laser Material Processing
- Biolitec AG
- Genesis Biosystems Inc.
- Cynosure Inc.
- Ambicare Health Ltd.
- Nikon Corp.
- Cutera Inc.
- Agilent Technologies Inc.
- Lumenis Ltd.
- Applisonix Ltd.
- Bruker Corp.
- Carl Zeiss Meditec AG
- AnMo Electronics Corporation
- FotoFinder Systems GmbH
Methodology
LOADING...