The Global Dermatology Diagnostic Device Market is growing pervasively over the past few years. Factors substantiating the market growth include the increasing prevalence of skin disorders & transplants. Also, the risk factors for complications related to the skin are speeding up the market growth, creating the demand for better diagnostic and treatment methods.
Market Research Future (MRFR), in its recently published study report, asserts that the global market of Dermatology Diagnostic Device is forecasted to perceive a phenomenal valuation by 2022, registering a significant CAGR throughout the predicted period (2017 – 2022). Technological advancements in the field of smart and connected devices along with the growing penetration of the Internet of Things (IoT) and Artificial Intelligence (AI) in the medical devices foster the market growth.
Additionally, factors such as the changing lifestyle led by the growing urbanization & industrialization coupled with the improving economic conditions that enable access to the quality of life & to the improved healthcare worldwide propel the growth of the market. Improvements in surgeries, fuel the market growth. Furthermore, factors such as the increasing number of skin diagnosis procedures and rising demand for new techniques for the diagnosis of chronic skin diseases provide significant impetus to the market growth.
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Global Dermatology Diagnostic Device Market – Key Players
Key players profiled in the report are:
- Valeant Pharmaceuticals (Canada)
- Alma Lasers, Ltd. (Israel)
- Cutera, Inc. (U.S.)
- Lumenis, Ltd. (Israel)
- Cynosure, Inc. (U.S.)
- Dino-Lite Europe/IDCP B.V.
- Genentech, Inc., (US)
- Michelson Diagnostics Ltd., (UK)
- Galderma S.A., (Switzerland)
Global Dermatology Diagnostic Device Market – Segments
MRFR has segmented the analysis into four key dynamics; for better understanding: –
By Diagnostic Device Type: Dermatoscopes, Microscopes, and Imaging Devices among others.
By Application: Skin Cancer Diagnostics and Skin Lesion among others.
By End-user: Hospitals, Research Centers, Institutions, and others.
By Regions: Europe, North America, APAC and Rest-of-the-World.
November 14, 2018 – MedX Health Corp. (Canada) announced that it is in the process of developing an Artificial Intelligence Engine with leading dermatologists and its technology partner, Blanc Labs, that will work in conjunction with its existing DermSecureTM screening platform. MedX is leveraging Artificial Intelligence to create a unique assessment support tool that will allow Dermatologists to assess suspicious moles and lesions from remote locations more accurately.
Global Dermatology Diagnostic Device Market – Regional Analysis
The North American region accounts for the dominating market for dermatology diagnostic devices. Factors such as increasing governmental support for R&D activities, extensive uptake of technologically advanced medical devices, and high expenditures for health care substantiate the growth of the market in the region. The market is estimated to evaluate phenomenally by 2022 due to the increasing prevalence of skin diseases.
The European region accounts for another lucrative market for dermatology diagnostic devices. Factors contributing to the market growth include the increasing emphasis on the development of advanced diagnostic devices and the rising government support & funding for R&D activities. Simultaneously, the growing numbers of specialty services offered by various healthcare providers foster the market growth in the region.
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The Asia Pacific region is rapidly emerging as a promising market for dermatology diagnostic devices. Increasing incidences of skin disorders are fueling the market growth. Additional factors such as the increasing demand for quality devices in the healthcare and rapidly developing healthcare technology is projected to increase the use of advanced equipment, which, in turn, is expected to propel the growth in the APAC market.
Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope of the Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
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