Dermatology Diagnostic Devices Market To Reach US$ 26 Billion By 2028 | Key players: Abbott Diagnostics, Strata Skin Sciences

How Big is the Dermatology Diagnostic Devices Market ? :

IMARC Group's latest report, titled "Dermatology Diagnostic Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the global dermatology diagnostic devices market size reached US$ 14.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 26 Billion by 2028, exhibiting a growth rate (CAGR) of 9.8% during 2023-2028.

What is Dermatology Diagnostic Devices and Uses ? :

Dermatology diagnostic devices encompass various devices, including imaging tools, microscopes, immunoassays, and molecular diagnostics devices. These machines are available in several sizes, shapes, and additional features tailored to various types of skin diseases. Dermatology diagnostic devices utilize technologies, such as X-rays and computed tomography (CT) scans to observe and diagnose skin conditions. By offering improved accuracy, they contribute to enhancing treatment effectiveness and reducing the likelihood of recurrences.

Dermatology diagnostic devices are utilized for visual examinations and microscopic observations of the skin, aiding in disease identification and treatment planning. In addition to this, these instruments are used for treating acne, wounds, skin tumors, scabies, hair loss, fungal infections, pigmentation issues, skin cancer, skin lesions, scalp problems, and melanoma in individuals. As a result, dermatology diagnostic devices find extensive utilization in hospitals, diagnostic labs, and specialized skin care centers.

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Who are the key Players Operating in the Industry ? :

• Abbott Diagnostics
• Strata Skin Sciences
• Michelson Diagnostics
• Heine Optotechnik
• Roche Diagnostics
• Welch Allyn
• Carl Zeiss Meditec
• Nikon Corporation
• Leica Microsystems GmbH
• MELA Sciences, Inc
• GE Healthcare Ltd
• Bruker Corporation
• Philips Healthcare
• Siemens Healthcare Diagnostics Inc
• Toshiba Medical Systems Corporation
• Photomedex, Inc

What are the Growth Prospects and Trends in the Dermatology Diagnostic Devices Industry ? :

The high prevalence of skin ailments among the population, owing to the increasing air pollution levels, changing lifestyle preferences, and shifting dietary patterns, is primarily driving the dermatology diagnostic devices market. Besides this, the rising consumer inclination toward non-invasive aesthetic procedures, the growing geriatric population, which is more susceptible to developing disorders, including skin cancer and melanoma, and the extensive utilization of these machines for accurate medical condition diagnosis are further augmenting the market growth.

Moreover, the escalating demand for innovative dermatology diagnostic devices equipped with advanced skin imaging technologies, such as polarized-light imaging, terahertz imaging, q-space trajectory imaging (QTI), and optical coherence tomography (OCT) for precise diagnosis of complex conditions is also catalyzing the global market. Apart from this, the development of technologically advanced imaging tools is acting as another significant growth-inducing factor. Furthermore, the introduction of compact machines with user-friendly features is expected to bolster the dermatology diagnostic devices market in the coming years.

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Key Market Segmentation:

Product Type Insights:

• Imaging Devices
• Microscopes
• Immunoassays
• Molecular Diagnostics
• Others

End Use Insights:

• Hospitals
• Diagnostic Labs
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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