Global dermatology endoscopy devices market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account from USD 1,412.48 million in 2020 to USD 2,069.45 million by 2028 growing at a CAGR of 4.89% in the above-mentioned forecast period.
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Dermatology endoscopes are the devices which aids in diagnosis of various dermatological diseases such as the pre-stage skin cancer, psoriasis and atopic dermatitis among other dermatology conditions. Dermatology endoscopy devices are non-invasive devices used for the early detection of the skin diseases for optimal disease management.
The increasing adoption of tele-dermatology, telemedicine and e-health and increasing geriatric population is primarily responsible for driving the growth of the dermatology endoscopy devices market. The increasing prevalence of dermatology-related conditions and demand for non-invasive devices is projected to boost the growth of the market. On the other hand, the dearth of trained physicians in some regions and various product limitations such as its limited magnification capability might restrain the overall growth of the market. The advancements and innovations in product technologies and the demand for digital endoscopes is estimated to generate new opportunities within the forecast period. However, the factors such as presence of substitutes is projected to be a major challenge for the market’s growth.
North America dominates the dermatology endoscopy devices market due to the high prevalence of the skin conditions such as sclerosis and increasing adoption of the new technologies for the detection of skin diseases within the region. Asia-Pacific is expected to grow at the fastest rate in the forecast period of 2021 to 2028 due to increasing number of patients suffering from skin cancers and increasing government initiatives for improvement of healthcare facilities.
The major players covered in the dermatology endoscopy devices market report are HEINE Optotechnik GmbH Co. KG, 3Gen, MetaOptima Technology Inc, Optilia Instruments AB, AMD Global Telemedicin, KIRCHNER WILHELM GmbH + Co. KG, Genesis Biosystems, Inc., Canfield Scientific Inc, Canfield Scientific Inc, Cynosure, Lumenis, Nikon Corporation, Bausch Health Companies Inc, Alma Lasers, Pro Scope Systems, MeKo Laser Material Processing, GlobalSpec, Biolitec AG, Instrumentation Industries, Inc, PT PHC Indonesia, among other domestic and global players.
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