Press release
Wood's Lamp Market Overall Study Report 2020 | Players Burton Medical, Daray Medical, LID, MDS, Medical Illumination International, RIMSA, Schulze & Bohm, SPECTROLINE, Verre et Quartz Technologies, VSSI, ZellaMed Instruments, Arno Barthelmes, Submit
The latest study released by SMI, titled "Global Wood's Lamp Market Research Report 2020", in which extensive research has been undertaken by analysts and a detailed evaluation of the global Wood's Lamp market has been provided. The report includes an in-depth, extensive study of this market in tandem with vital parameters that are likely to have an effect on the market commercialization matrix.A Wood’s lamp is a small handheld device that uses black light to illuminate areas of the skin. It is also referred as a blacklight, UV-A light, or ultraviolet light. Wood’s lamp is helpful in diagnosing fungal and bacterial infections and ethylene glycol poisoning. It is also used in diagnosing conditions such as tuberous sclerosis, porphyria cutanea tarda, vitiligo, and melanoma. Wood’s lamp also find application in authenticating oil paintings, antiques and banknotes.
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High prevalence of skin diseases is expected to propel growth of the global Wood’s lamp market over the forecast period. For instance, according to the study, ‘Prevalence and psychological impact of Acne vulgaris among female secondary school students in Arar city, Saudi Arabia, in 2018, published in the Journal Electronic Physician, in August 2018, the overall prevalence of acne vulgaris was 14.3% in the study population. Moreover, increasing number of counterfeit bank notes is also expected to boost demand for Wood’s lamp. For instance, in 2019, around 427,000 counterfeit Bank of England banknotes with a face value of US$ 12.60 million were taken out of circulation.
Increasing focus on aesthetic appeal is expected to offer lucrative growth opportunities for players in the global Wood’s lamp market. For instance, according to a 2018 survey by GlobalData, around three quarters of South Korean men undertake a beauty or grooming treatment at least once a week. Moreover, high prevalence of dermatophyte and non-dermatophyte fungi infection is also expected to boost demand for Wood’s lamp. For instance, according to the study, Epidemiology of Dermatophyte and Non-Dermatophyte Fungi Infection in Ethiopia’ published in April 2020, the prevalence of dermatophytes was higher in tinea capitis 46/72 (63.8%) and T. tonsurans 29/72 (40%) was the dominant-isolated dermatophyte.
However, high exposure to UVA has been linked to the development of skin cancer, which is expected to hinder growth of the global Wood's lamp market.
Key Takeaways:
• High prevalence of skin diseases to augment growth of the global Wood’s lamp market over the forecast period
• Major players operating in the global Wood’s lamp market are focused on adopting various marketing strategies to enhance their market share. For instance, in October 2018, Daray Medical attended the Healthcare Estates Exhibition and Conference, held in the U.K.
• Major players operating in the global Wood’s lamp market include, Burton Medical, Daray Medical, LID, MDS, Medical Illumination International, RIMSA, Schulze & Bohm, SPECTROLINE, Verreet Quartz Technologies, VSSI, ZellaMed Instruments, and Arno Barthelmes
The Wood's Lamp Market is projected to register a Stunning Growth of CAGR during the period 2020-2027. The Wood's Lamp Market report coverage is inclusive of various parameters such as the market size, regional growth opportunities, major players in the market, drivers and constraints, segmental analysis, as well as the competitive landscape. The main intent of this report is to list down numerous updates and data with respect to the market and also to note the various growth opportunities that are likely to help the market expand at an appreciable rate. An in-depth synopsis of the Wood's Lamp Market as well as a well-detailed set of market definitions and overview of the industry have been provided in the report.
The abstract section includes information on the market dynamics. This is further inclusive of the drivers boosting the market growth, market restraints, trends defining the industry, as well as the many growth opportunities prevailing in the industry. Also, details on the pricing analysis in tandem with the value chain analysis have been provided in the study. Historic figures and estimates with respect to the growth of this market throughout the forecast period have been entailed in the study.
The Wood's Lamp Market report consists of information related to the projected CAGR of the global industry over the forecast period. Also, the numerous technological developments and innovations that are likely to drive the global market share over the anticipated period are mentioned in the study.
Geographically, this report is segmented into several key Countries, with market size and growth rate of Wood's Lamp in these countries, which covering:
• Europe (Germany, UK, France, Italy, Spain, Russia, Others)
• North America (United States, Canada, Mexico)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Others)
• Asia-Pacific (China, Japan, South Korea, Australia, India, Southeast Asia, Others)
• South America (Brazil, Argentina, Columbia, Chile, Others)
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Competitive Analysis:
The report covers major players operating in the Wood's Lamp market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities. The report covers the following key players:
• Burton Medical
• Daray Medical
• LID
• MDS
• Medical Illumination International
• RIMSA
• Schulze & Bohm
• SPECTROLINE
• Verre et Quartz Technologies
• VSSI
• ZellaMed Instruments, Arno Barthelmes
• Submit
On the basis of product, this report displays the sales, revenue, price, market share, and growth rate of each type primarily split into
• Light Source Power 10W
• Light Source Power 20W
• Light Source Power 30W
• Other
By Application, this report focuses on Sales, Market share and Growth Rate of each application, can be divided into
• Acne Detection
• Tinea Capitis Detection
• Rash Detection
• Other
What are the key highlights of this report?
-- A well-detailed pricing analysis has been undertaken on the source of the product, application, as well as regional segments
-- A detailed evaluation of the player matrix in tandem with the major firms that will help better understand the competitive situation in the global market
-- Important insights pertaining to the regulatory scenario governing the market, in tandem with the investments poured in by numerous stakeholders in the global market
-- A deep-dive evaluation of the myriad aspects pushing the overall market growth alongside their impact on the anticipation as well as dynamics of the global market
-- A detailed roadmap that presents the many available growth opportunities in the global market as well as the identification of vital factors
-- An intrinsic analysis of the myriad trends that prevail in the global industry which would help identify the numerous developments
Global Wood's Lamp Market Report includes Detailed TOC points:
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Global Wood's Lamp Market
2 Market Segmentation
3 Market Overview
3.1 Rising Government Initiatives
3.2 Strategic Initiative By Market Players
4 Executive Summaries
5 Premium Insights
6 Regulatory Procedure
7 Global Wood's Lamp Market, By Type
8 Global Wood's Lamp Market, by Application
9 Global Wood's Lamp Market, By Deployment
10 Global Wood's Lamp Market, By End User
11 Global Wood's Lamp Market, By Distribution Channel
12 Global Wood's Lamp Market, Company Landscape
13 Company Profile
13.1 Company Snapshot
13.2 Revenue Analysis
13.3 Company Share Analysis
13.4 Product Portfolio
Wood's Lamp Market Report Covers Following Questions:
1. What will the market increase rate, increase momentum of Wood's Lamp market
2. What is the envisioned size of the rising Wood's Lamp market in 2027?
3. Which section is anticipated to account for the most important Wood's Lamp market percentage by 2027?
4. What are sales, revenue, and value evaluation by areas of Wood's Lamp market?
5. What are the market risk, market possibility and market review of the Wood's Lamp market?
6. Who are the distributors, dealers, and buyers of Wood's Lamp market?
Customization of this Report: This Wood's Lamp research report could be customized to the customer’s requirements. We will ensure you obtain the report which works for your needs.
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Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. We bring the expertise of consultants with a cumulative industry experience of more than 70 years. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide. Our reports cover various end-use industries such as Aerospace and Defense, Agriculture, Food and Beverages, Automotive, Chemicals and Materials, Consumer Goods and Retail, Electronics, Energy, Mining, and Utilities, Pharmaceuticals, Manufacturing and Construction, Services, and Healthcare, and ICT.
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