Meridian Market Consultants (MMC) has published a new report titled, “Dermatoscopes Market: Opportunity Analysis and Future Assessment 2019 to 2028. According to the latest report, global Dermatoscopes Market in 2020 is estimated for more than US$ 616.0 Mn and expected to reach a value of US$ 1,608.3 Mn by 2028 with a significant CAGR of 12.8%. As per the report, the dermatoscopes market is primarily driven by the elevated occurrence of skin disorders. The factors like the expensive nature of diagnostic imaging processes via MRI and X-ray devices, adoption of technically advanced products, and the growing awareness in developing countries also affect positively the market business. The base year considered for the study is 2019, and the market size is projected from 2020 to 2028.

Dermatoscopes Market Definition

The dermatoscopes market is influenced by the prevailing skin disorders across the globe. Besides, the development of innovative and user-friendly products by the key players coupled with the increasing investments in dermatology creates growth opportunities for the market during the upcoming years. These innovative and advanced products aid the expansion of their product portfolio that further helps in strengthening their business growth globally.

Dermatoscopes Market Dynamics

Mounting count of skin disorders, the increasing frequency of people visiting skin clinics for enhancing or modifying their overall looks, and the supportive government enterprises to focus and resolve skin related problems are some of the growth-boosting factors of the dermatoscopes market.Besides, the rising alertness for skin cancer, the adoption of advanced technologies like video technology of imaging melanoma and USB imaging, and the growing count of awareness campaigns also drives the market business. Advantageous government policies favoring health care infrastructure along with the increasing melanoma cases in men due to tanning and ultraviolet rays also propel the demand for dermatoscopes in the cosmetic industry.

As a result, the Skin Cancer Foundation commenced a month-long tutelage and fundraising campaign during Skin Cancer Awareness month. On the other hand, the accessibility to the available alternatives techniques such as SPECT (Single Photon Emission Computed Tomography) and PET (Positron Emission Tomography) coupled with the invention of biological agents for the detection of melanoma are some of the retraining factors weakening the dermatoscopes business across the globe.

Dermatoscopes Market Segmentation

Dermatoscopes market is segmented on the basis of product, technology, modality, end-use, and by region.

By Product:

Contact Dermatoscope

Hybrid Dermatoscope

Noncontact Dermatoscope

By Technology:

LED

Xenon

Halogen

Ultraviolet

To Identify the Key Trends in the GlobalDermatoscopes Industry, Visit:

By Modality:

Handheld

Trolley Mounted

Headband

By End-Use:

Dermatology Clinics

Hospitals

By Region:

North America

Europe

Asia Pacific

Latin America

Middle East

Africa

Dermatoscopes Market Key Players

Key players operating in the global dermatoscopes market include3Gen, Bio-Therapeutic Inc., Caliber Imaging & Diagnostics, Inc., Canfield Scientific, Inc., Firefly Global, FotoFinder Systems, Inc., HEINE Optotechnik GmbH & Co. KG, ILLUCO Corporation Ltd., Optilia Instruments AB, and Welch Allyn.