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Dermatology Imaging Devices Global Market Analysis, Trends, Growth, Research And Forecast 2033
Dermatology Imaging Devices Global Market
According to The Business Research Company's, The dermatology imaging devices market size has grown rapidly in recent years. It will grow from $1.96 billion in 2023 to $2.18 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to the increased prevalence of skin disorders, increased numbers of senior citizens, growth in demand for non-invasive procedures, rising cosmetic dermatology procedures, and evolving landscape of telemedicine.
The dermatology imaging devices market size is expected to see rapid growth in the next few years. It will grow to $3.42 billion in 2028 at a compound annual growth rate (CAGR) of 11.9%. The growth in the forecast period can be attributed to AI integration in dermatology imaging, growing awareness of aesthetic procedures, tech merging with health records, enhanced awareness and timely identification of dermatological issues, and rising home-based dermatology solutions. Major trends in the forecast period include wearable dermatology imaging devices, personalized treatment approaches, 3D imaging advancements, focus on preventive dermatology, and miniaturization of imaging technology.
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Market Drivers and Trends:
The increasing prevalence of skin disorders is expected to propel the growth of the dermatology imaging devices market going forward. Skin disorders refer to a range of medical conditions affecting the skin's appearance, texture, and function, including dermatitis, acne, eczema, psoriasis, and skin cancer. Skin disorder prevalence is rising due to several factors, including disruption of the skin microbiome, the complex ecosystem of microorganisms residing on the skin's surface. Dermatology imaging devices are utilized to visualize and diagnose various skin disorders by capturing high-resolution images of the skin's surface, aiding dermatologists in accurate assessment and treatment planning. For instance, in December 2023, according to the American Cancer Society, a US-based voluntary health organization, it was estimated that the US recorded 100,350 new cases of melanoma, a form of skin disorder, in 2020. This number was estimated to increase to 106,110 in 2021. Therefore, the increasing prevalence of skin disorders is driving the growth of the dermatology imaging devices market.
Major companies operating in the dermatology imaging devices market are focused on developing sensors with advanced technologies, such as capacitive-touch imaging technology, to enhance the user experience and gain a competitive edge in the market. Capacitive-touch imaging technology refers to a method of capturing high-resolution images of the skin's surface using capacitive sensors. These sensors detect subtle changes in electrical capacitance caused by variations in the skin's properties, such as texture, moisture level, and topography. For instance, in December 2021, Courage + Khazaka Electronic GmbH, a Germany-based provider of skin testing equipment, launched MoistureMap MM 200, a sensor designed for capacitance imaging. This device features a sensor with capacitive-touch imaging technology based on the renowned L'Oréal SkinChip, which ensures precise and accurate measurements. The device enables the visualization of 3D-style images and the comparison of two regions of interest in a single image. The gadget displays graphical information about the near-surface moisture distribution and microtopography of skin and other tissues. It also collects 3D and high-quality photos for permittivity data and allows for the comparison of two areas of interest (ROI) in a single image.
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Major Key Players of the Market:
Siemens Healthineers AG, Koninklijke Philips N.V., Stryker Corporation, GE HealthCare Technologies Inc., PerkinElmer Inc., Carl Zeiss Meditec AG, Barco NV, e-con Systems Inc., Canfield Scientific Inc., Fujifilm VisualSonics Inc., Clarius Mobile Health Corp, FotoFinder Systems GmbH, Quantificare SA, Courage+Khazaka electronic GmbH, Navitar Inc., Cortex Technology ApS, DRAMINSKI S. A., Michelson Diagnostics Ltd, Caliber Imaging and Diagnosis Inc, Bomtech Electronics Co. Ltd, Emage Medical LLC, MetaOptima Technology Inc., 3dMD LLC, DermaSensor Inc., DermLite LLC, ATYS MEDICAL S.A.S, Dermspectra LLC, Taberna Pro Medicum GmbH, Macquarie Medical Systems Pty Limited
Dermatology Imaging Devices Market 2024 Key Insights:
• The dermatology imaging devices market size is expected to see rapid growth in the next few years. It will grow to $3.42 billion in 2028 at a compound annual growth rate (CAGR) of 11.9%.
• Rising Skin Disorder Prevalence Fuels Dermatology Imaging Devices Market Growth
• Development Of Advanced Technology Sensors To Provide Enhanced Insights
• North America was the largest region in the dermatology imaging devices market in 2023
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