The Dermatoscope Market (2019-2026): Opportunities, Challenges, Strategies, & Forecasts
In 2019, the global Dermatoscope market size was USD 814 million and it is expected to reach USD 1,361 million by the end of 2026, with a CAGR of 7.62% during 2019-2026.
Dermatoscopy (also known as dermoscopy or epiluminescence microscopy) is the examination of [skin lesions] with a 'dermatoscope'. This traditionally consists of a magnifier (typically x10), a non-polarised light source, a transparent plate and a liquid medium between the instrument and the skin, and allows inspection of skin lesions unobstructed by skin surface reflections. Modern dermatoscopes dispense with the use of liquid medium and instead use polarised light to cancel out skin surface reflections. When the images or video clips are digitally captured or processed, the instrument can be referred to as a "digital epiluminescence dermatoscope".
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Market Driver and Constraint
Physicians and healthcare professionals are using these tools to diagnose and treat a variety of skin disorders that have proved to be highly productive and efficient compared to conventional diagnostic methods. This is a major growth factor that may power the global dermatoscope market in the future. Yet, the rise in prices of dermatoscope makes them less affordable for people, which, in turn, might pose a challenge to the dermatoscope market globally in the near future.
Region-wise Analysis
Based on region, the global dermatoscope market has been covered across regions such as Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. North America is the largest market with a proportion of 35.32%, followed by Europe and Asia-Pacific, accounting for 34.28% and 27.36% respectively.
North America and Europe are likely to dominate the dermatoscope market and hold almost 70% share together over the projected period. The prevalence of skin diseases, the increase in the number of non-invasive cosmetic procedures and the rapid technological developments in the field of dermatology may drive the development of the North American dermatoscope market. The high adoption rate of technologically advanced equipment for the diagnosis and treatment of various skin diseases, such as lesions and inflammatory skin diseases, especially in Germany and France, is expected to drive the European dermatoscope market within the expected time frame.
The Asia-Pacific region is expected to become the region with the highest compound annual growth rate in the dermatoscope market. The prevalence of melanoma, basal cell carcinoma, actinic keratosis, squamous cell carcinoma and non-pigmented skin lesions is increasing throughout the region, and these factors are expected to propel the growth of the regional market in the coming years. In addition, key market players are focusing on developing innovative and user-friendly products and investing heavily in innovative products, which may further drive this regional market in the next few years.
It is estimated that the Middle East and Africa and Latin America are the most promising markets within the expected time frame. This can be attributed to an increased incidence of skin cancer and melanoma and the company's interest in government opportunities to conduct research and development activities to develop new products to improve the health of patients in Brazil, Mexico and other places.
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Competition Analysis
Major enterprises in the global market of Dermatoscope include FotoFinder Systems GmbH, Optilia Instruments AB, Dino-Lite, 3Gen, Rudolf Riester GmbH, NIDEK, ILLUCO Corporation Ltd., KIRCHNER & WILHELM, Canfield Scientific, Inc., and etc.
Worldwide Dermatoscope Market by Type
Contact Dermatoscope, Hybrid Dermatoscope, Non-contact Dermatoscope, and Other. The contact dermatoscope may have a major market share in the future owing to their easy availability in the market. Hybrid dermatoscope may grow at the highest CAGR in the next few years as these medical devices feature both contact and non-contact dermatoscope.
Worldwide Dermatoscope Market by Application
Skin Tumors, Scabies, Warts, Fungal Infections, and Other.
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Dermatoscope Market
2 Market Trends and Competitive Landscape
3 Segmentation of Dermatoscope Market by Types
4 Segmentation of Dermatoscope Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Dermatoscope Market in Major Countries
7 North America Dermatoscope Landscape Analysis
8 Europe Dermatoscope Landscape Analysis
9 Asia Pacific Dermatoscope Landscape Analysis
10 Latin America, Middle East & Africa Dermatoscope Landscape Analysis
11 Major Players Profile
11.1 FotoFinder Systems GmbH
11.1.1 FotoFinder Systems GmbH Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Optilia Instruments AB
11.3 Dino-Lite
11.4 3Gen
11.5 Rudolf Riester GmbH
11.6 NIDEK
11.7 ILLUCO Corporation Ltd.
11.8 KIRCHNER & WILHELM
11.9 Canfield Scientific, Inc.
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Target Audience:
Dermatoscope manufacturers
Healthcare organizations
Dermatoscope key stakeholders
Dermatoscope industry associations
Product managers, Dermatoscope industry administrator, C-level executives of the industries
Research and Development (R&D) companies
Market research and consulting firms
Small and Medium-sized Enterprises (SMEs)
• Base Year: 2018
• Estimated Year: 2019
• Forecast Period: 2019 to 2026
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