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The dermatology endoscopy devices market size is forecast to increase by USD 135.1 million, at a CAGR of 8.51% between 2023 and 2028. The market is witnessing significant growth due to the rise in the prevalence of melanoma and autoimmune skin diseases. According to the American Cancer Society, an estimated 99,730 new melanoma cases are expected to be diagnosed in the US in 2021. The increasing burden of these conditions is driving the demand for advanced diagnostic and therapeutic devices. Moreover, technological advancements in endoscopy devices, such as the integration of imaging technologies and the development of minimally invasive procedures, are enhancing their diagnostic accuracy and efficacy. However, the presence of substitutes, such as traditional biopsy methods, may hinder market growth. Nevertheless, the market is expected to continue expanding due to the growing awareness of early detection and the increasing adoption of minimally invasive procedures in dermatology.
The global market is experiencing significant growth due to the increasing prevalence of skin diseases and dermatology-related conditions, particularly in the geriatric population. The market is driven by the adoption of advanced medical device technology, such as digital endoscopes and handheld endoscopes, which offer high-definition imaging and improved diagnostic accuracy. One of the major trends in the market is the integration of teledermatology and telemedicine, enabling remote diagnosis and consultation for patients with skin conditions. This is particularly beneficial for those living in remote areas or with limited access to specialized dermatology services. Moreover, the use of light sources with advanced modalities, such as Pixiance's fiber optic technology, enhances the visualization of lesions, making it easier to diagnose conditions like melanoma.
The market is also witnessing the emergence of AMD Global Telemedicine and Firefly Global, among others, offering innovative solutions in the field of teledermatology and e-health. In summary, the global market is expected to grow steadily due to the increasing prevalence of skin diseases, the adoption of advanced medical device technology, and the integration of teledermatology and telemedicine.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The traditional segment is estimated to witness significant growth during the forecast period. The global market encompasses traditional and digital endoscopy devices used in diagnosing and examining skin diseases and dermatology-related conditions, including melanoma and squamous cell carcinoma. Traditional dermatology endoscopy devices, consisting of a magnifier, transparent plate, light source, and liquid medium, dominate the market due to their long-standing use in diagnostics and affordability. However, the adoption of digital endoscopes, such as handheld and 3Gen models from Pixiance, Cynosure, Lumenis, and other vendors like Firefly Global, Jedmed, and Advanced Imaging Technologies, is increasing due to advancements in telemedicine, e-health, and import-export analysis. Tele-dermatology, a key modality in digital dermatology, allows for remote diagnosis using digital images, making it particularly beneficial for geriatric populations with limited mobility.
UV radiation exposure is a concern in dermatology endoscopy, leading to the development of new technology penetration, such as UV protection features and alternative light sources. The healthcare infrastructure continues to evolve, supporting the integration of these advanced imaging technologies into routine dermatology practices.
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The traditional segment was valued at USD 129.30 million in 2018 and showed a gradual increase during the forecast period.
North America is estimated to contribute 34% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market is witnessing significant growth due to the increasing prevalence of skin diseases and dermatology-related conditions, particularly among the geriatric population. These conditions include melanoma and squamous cell carcinoma, which can be effectively diagnosed using advanced imaging technologies such as handheld endoscopes and digital endoscopes. The integration of teledermatology and telemedicine in healthcare infrastructure is facilitating remote diagnosis and consultation, thereby expanding the reach of dermatology services. UV radiation exposure is a known risk factor for various skin conditions, leading to an increased demand for devices with advanced light sources. New technology penetration, including 3Gen, Cynosure, Lumenis, and others, is driving innovation in this market.
Import and export analysis indicates a growing trend towards the adoption of medical device technology from leading manufacturers such as Pixiance, Firefly Global, Jedmed, and Advanced Imaging Technologies. E-health and healthcare infrastructure development are also contributing to the market's growth.
Our dermatology endoscopy devices market researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The increase in the prevalence of melanoma and autoimmune skin diseases is the key driver of the market. The market is experiencing significant growth due to the increasing prevalence of skin diseases and dermatology-related conditions. Skin disorders, including melanoma and squamous cell carcinoma, affect a large portion of the global population, surpassing the prevalence of conditions like hypertension, cancer, and obesity. Autoimmune skin disorders, such as psoriasis, scleroderma, epidermolysis bullosa, and dermatomyositis, are caused by the body's abnormal immune response to foreign substances. According to the National Psoriasis Foundation, over 3% of the US adult population is affected by psoriasis, an autoimmune skin disease. Advancements in medical device technology, including handheld endoscopes and digital endoscopes, have revolutionized the diagnosis and treatment of these conditions.
Teledermatology, a modality of telemedicine and e-health, enables remote diagnosis and consultation, making dermatology services more accessible to the geriatric population and those in remote areas. Companies like Pixiance, Cynosure, Lumenis, Firefly Global, Jedmed, and Advanced Imaging Technologies are leading the way in new technology penetration, offering innovative solutions such as UV radiation exposure detection and advanced imaging technologies. Import and export analysis and healthcare infrastructure development are crucial factors driving the growth of the market.
Advances in technology is the upcoming trend in the market. In the realm of dermatology, innovative technologies are revolutionizing the diagnosis and treatment of various skin diseases and dermatology-related conditions. Vendors are focusing on developing advanced dermatology endoscopy devices, overcoming the limitations of previous systems. These new devices are designed to be lightweight and compatible with smartphones and tablets for high-definition imaging. For instance, Pixience offers C-Cube 2, a dermatology endoscope weighing approximately 410 grams, which provides intricate observations of skin lesions up to 12 mm in diameter. It utilizes a USB 3.0 connection for seamless data transfer to computers, tablets, or laptops. Similarly, 3Gen's DermLite DL1 is a dermatology endoscope compatible with Apple and Samsung smartphones and tablets.
The integration of teledermatology and telemedicine into healthcare infrastructure is driving the demand for these devices. The geriatric population, with increased susceptibility to skin diseases such as melanoma and squamous cell carcinoma due to UV radiation exposure, stands to benefit significantly from these advanced technologies. Market players like Cynosure, Lumenis, Medical Device Technology, Firefly Global, Jedmed, and Advanced Imaging Technologies are investing in new technology penetration to cater to this growing need. Import and export analysis indicates a positive outlook for the market, as these devices enable accurate and timely diagnosis, thereby improving patient outcomes. E-health and digital endoscopes are becoming increasingly popular, as they offer convenience, portability, and cost-effectiveness.
The high cost of implementation is a key challenge affecting the market growth. Dermatology endoscopy devices, which include handheld endoscopes and digital endoscopes, play a crucial role in the diagnosis and monitoring of various skin diseases and dermatology-related conditions, such as melanoma and squamous cell carcinoma. These devices provide real-time visualization of the skin's internal structures, enabling healthcare professionals to identify and treat conditions in their early stages. The integration of advanced technologies like UV radiation exposure detection, light sources, and tele-dermatology modality, is driving the market growth. The geriatric population is a significant consumer base due to the higher prevalence of skin diseases in this age group. Telemedicine, e-health, and import export analysis are key trends influencing the market.
New technologies, such as 3Gen's Pixience and Cynosure's Firefly Global, offer advanced imaging capabilities and are gaining popularity. However, full-body imaging systems and microscopes serve as viable substitutes, limiting the market growth. Vendors like Lumenis, Jedmed, and Advanced Imaging Technologies provide support tools for case-to-case analysis. The healthcare infrastructure's development and the increasing penetration of medical device technology further fuel the market's growth.
The dermatology endoscopy devices market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
AMD Global Telemedicine Inc.: The company provides a dermatology endoscopy device under the brand name DermaScope.
The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market is witnessing significant growth due to the increasing prevalence of skin diseases and dermatology-related conditions, such as melanoma and squamous cell carcinoma, caused by UV radiation exposure. The market is driven by the adoption of new technology penetration, including handheld endoscopes and digital endoscopes, which offer superior image quality and ease of use. Tele-dermatology, a key modality in the market, is gaining popularity due to its ability to provide remote diagnosis and consultation through teledermatology platforms and telemedicine services. The geriatric population is a significant consumer base for dermatology endoscopy devices due to their higher susceptibility to skin diseases.
Key players in the market include Pixiance, 3Gen, Cynosure, Lumenis, Firefly Global, Jedmed, and others. Import and export analysis and healthcare infrastructure development are crucial factors influencing the market's growth. Advanced imaging technologies, such as those offered by these companies, are expected to further boost market growth. E-health and medical device technology are also contributing to the market's expansion.
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Market Scope |
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Report Coverage |
Details |
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Page number |
136 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 8.51% |
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Market Growth 2024-2028 |
USD 135.1 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
7.65 |
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Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
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Performing market contribution |
North America at 34% |
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Key countries |
US, UK, Canada, Germany, China, and France |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
AMD Global Telemedicine Inc., AnMo Electronics Corp., Bausch Health Companies Inc., Caliber Imaging and Diagnostics Inc, Canfield Scientific Inc., DermLite LLC, DermoScan GmbH, Firefly Global, HEINE Optotechnik GmbH and Co. KG, ILLUCO Corp. Ltd., Jedmed, KIRCHNER and WILHELM plus GmbH Co. KG, MetaOptima Technology Inc., Optilia Instruments AB, Pixience Healthcare Technology Solutions, and Rudolf Riester GmbH |
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Market dynamics |
Parent market analysis, market growth inducers and obstacles, market forecast, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period |
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Customization purview |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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