Changes in Melanoma Detection Market Revenue and growth rate during COVID-19 crisis

Melanoma is a type of skin cancer where melanocytes lose its ability of apoptosis. Melanoma can develop anywhere on the epidermis, but most probably it affects trunk and legs of the body. It is possible to treat melanoma if it is found early. So, it is of profound importance to diagnose melanoma as early as possible. In some cases, melanoma can easily diagnose by the physical appearance of skin. But in many cases, biopsy procedures are used for detection of melanoma. There are three types of biopsy procedures for melanoma detection namely: punch biopsy, excisional biopsy, and incisional biopsy. Basically, in punch biopsy, part of the skin around mole is removed and analyzed, but in case of excisional and incisional biopsy procedures whole skin around the mole is removed and analyzed. After melanoma detection, the next step is to find out the extent of the melanoma. It can be identified by determining the thickness of the melanoma and spreading coefficient of cancer. Thickness can be determined by microscopy and micrometer. Another method of melanoma detection includes fine needle aspiration, surgical lymph node biopsy, sentinel lymph node biopsy. Other techniques like x-ray, CT scan, magnetic resonance imaging scan, positron emission tomography scans are used to identify the spread of melanoma to other parts.

Melanoma detection Market: Drivers and Restraints

Melanoma is less prevalent when compared to other skin cancers like squamous cell and basal cell cancers. But the severity is very high when compared to other skin cancers if melanoma is left undiagnosed in the early stages. So, it is the prime requisite for early detection of melanoma which drives the robust growth of the melanoma detection market. Other factors like, spreading of melanoma and admancement occur very rapidly to other parts of the body which increases the risk of mortality in melanoma patients. The increasing prevalence of melanoma due to changing environmental conditions and increasing demand for rapid diagnostics for early detection of melanoma is driving the burgeoning growth of the melanoma detection market.

Due to difficulties in accessing the histological diagnosis of melanocyte cutaneous lesions acts as a restraint in the growth of the melanoma detection market.

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Melanoma detection Market: Segmentation

Segmentation based on detection Type

Biopsy
Imaging
Others
Segmentation based on End Users

Hospital
Skin Care Clinics
Diagnostic Centers
Melanoma detection Market: Market Overview

Global Melanoma detection market witnessed rapid growth due to rising demand for non-invasive techniques for detection of melanoma. Even though the demand increasing for non-invasive techniques, histopathological detection acts as a golden standard for diagnosis of melanoma. The manufacturers of melanoma diagnostics are mainly concentrated on technological advancements to increase the reliability of the tests. Increasing government funding for improvement of rapid diagnostics and rising concerns of melanoma issues are driving the growth of the melanoma detection market. The future of Melanoma detection market is anticipated to grow at double CAGR during the forecast period.

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Melanoma detection Market: Region-wise Overview

Global melanoma detection market segmented into North America, Europe, Asia -Pacific & Japan, The Middle East and Africa regions and Latin America by region wise. North America dominates the global Melanoma detection Market due to the high prevalence among the patient population, and in North America, USA is a major stakeholder due to the strong players. Europe is the fastest growing market in Melanoma detection Market due to the strong presence of market players. Asia-Pacific is a slowest growing region in the global melanoma detection market due to less presence of the melanoma. Latin America has a significant market share due to rising prevalence of the melanoma. The economic conditions in Latin region rise the Melanoma detection market to new heights. The Middle East and Africa region also showed significantly less growth because the incidence of the melanoma in this region is considerably less.

Melanoma detection Market

The end users are major players like hospitals, clinics, and diagnostic centers are the major stakeholders in the global melanoma detection market. The companies are mainly focusing on intense marketing to convey health benefits of melanoma detection market.

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