Press release
Dermatology Diagnostic Devices Market 2024-2033 : Industry Analysis, Size, Share, Growth And Forecast | Siemens Healthcare Private Limited, Koninklijke Philips N.V., GE Healthcare Technologies Inc
Dermatology Diagnostic Devices Global Market Report 2024
The Business Research Company presents an extensive market research report on the Dermatology Diagnostic Devices Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The dermatology diagnostic devices market size has grown rapidly in recent years. It will grow from $16.12 billion in 2023 to $18.28 billion in 2024 at a compound annual growth rate (CAGR) of 13.4%. The growth in the historic period can be attributed to increased skin disorders and conditions, rise in awareness of skin cancer, advancements in dermatological research, expansion of aesthetic dermatology, shift towards preventive dermatology..
The dermatology diagnostic devices market size is expected to see rapidly grown in the next few years. It will grow to $28.77 billion in 2028 at a compound annual growth rate (CAGR) of 12.0%. The growth in the forecast period can be attributed to rising geriatric population, global increase in dermatological disorders, telemedicine and remote dermatology services, personalized dermatology treatment approaches, awareness campaigns and skin health education.. Major trends in the forecast period include multipurpose diagnostic platforms, personalized medicine approaches, integration with electronic health records (ehrs), telemonitoring for chronic skin conditions, enhanced connectivity and data security..
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Key Market Players:
Major companies operating in the dermatology diagnostic devices market report are Siemens Healthcare Private Limited, Koninklijke Philips N.V., GE Healthcare Technologies Inc., Valeant Pharmaceuticals International Inc (Bausch Health), Illumina Inc., Galderma laboratories LP, Canon Medical Systems Corporation, Bruker Corporation, Carl Zeiss Meditec AG, Agfa-Gevaert Group, Leica Microsystems GmbH, Welch Allyn Inc., Alma Lasers Ltd., Candela Corp., Solta Medical Inc., MELA Sciences Inc. (STRATA Skin Sciences Inc), Fotofinder Systems GMBH, Aerolase Corp, Photomedex Inc., Canfield Scientific Inc., DermLite LLC, HEINE Optotechnik GmbH & Co. KG., Toshiba Medical Systems Corporation, AMD Global Telemedicine Inc., Spindletop Capital Management LLC
Market Drivers:
The surging prevalence of skin cancer is expected to propel the growth of the dermatology diagnostic devices market going forward. Skin cancer refers to the abnormal growth of skin cells, typically caused by ultraviolet (UV) radiation, with types including basal cell carcinoma, squamous cell carcinoma, and melanoma, which require prompt diagnosis and treatment to prevent potential spread. Dermatology diagnostic devices enable dermatologists to diagnose skin cancer more effectively, leading to increased adoption and investment in the field. For instance, in April 2022, according to the American Academy of Dermatology Association, a US-based non-profit medical specialty association, an estimated 197,000 new cases of melanoma (a type of skin cancer), 97,920 non-invasive (in situ), and 99,780 invasive, would be diagnosed. Further, approximately 9,500 people in the U.S. are diagnosed with skin cancer daily. Therefore, the surging prevalence of skin cancer drives the dermatology diagnostic device market.
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https://www.thebusinessresearchcompany.com/report/dermatology-diagnostic-devices-global-market-report
The dermatology diagnostic devices market covered in this report is segmented -
1) By Type: Dermatoscopes, Imaging Equipment, Microscopes And Trichoscopes, Biopsy Devices, Other Types
2) By Application: Dermatitis, Psoriasis, Skin Cancer, Lesion, Cellulitis, Other Applications
3) By End-Users: Dermatology Centers, Hospitals, Other End-Users
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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