Global Dermatology Diagnostic Devices Market to be Worth $616.3 Mn in 2020, Growing at a CAGR of 8.3% From 2015 to 2020

PUNE, India, October 15, 2015 /PRNewswire/ --

According to the new Market Research Report "Dermatology Diagnostic Devices Market by Product [Imaging Techniques (OCT, Ultrasound, MRI, CT), Dermatoscopes (Traditional Dermatoscopes, Digital Dermatoscopes), Microscopes], by End-User (Hospitals, Clinics) - Global Forecast to 2019", The Global dermatology diagnostic market report defines and segments the concerned market with analysis and forecast of revenue. This market is expected to reach USD 616.3 million in 2020, growing at a CAGR of 8.3% from 2015 to 2020.

Browse through the TOC of Global Dermatology Diagnostic Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.

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The dermatology diagnostic device helps in the diagnosis of various skin disorders and cancer, thus aiding in their treatment. With the increasing number of skin disorders there is a high demand in dermatology diagnosis. The diagnosis aids in the early and easy detection of various disorders that are not visible through naked eye, thereby improving the rate of survival and reduction of morbidity rate and cost of care. Currently, various technologies are being applied to make the diagnosis rapid and efficient so that, the diagnosis is non-invasive, with minimum errors. Few examples of such technologies that are used in the diagnosis procedure are the dermatoscope, imaging techniques, microscopes, etc.

The rising incidence of various skin disorders, advancement in technology, and the demand from baby boomers are the major factors driving the dermatology diagnostic device market. There are various other factors that are driving the growth of this market which are the insurance coverage and disposable income, which is due to the increasing employment in the Asian region.

The Global dermatology diagnostic device market is segmented based on type, which are the dermatoscope, imaging techniques and microscopes. Of which the imaging technique market had the highest market share in 2014 and would further continue to hold the major market share. The imaging technique market is a fast growing market and is expected to grow at a CAGR of 8.7% during the forecast period

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Key Players of the Global Dermatology Diagnostic Market include:  

AMD Global Telemedicine Inc., Carl Zeiss Meditec, FEI Company, Fotofinder Systems GMBH, Leica Microsystems, Michelson Diagnostics Ltd., Nikon Corporation, MELA Sciences, Inc., Verisante Technology, Inc., GE Healthcare, Bruker Corp., Philips Healthcare, Heine Optotechnik, Siemens Healthcare, Toshiba Medical Systems, and Welch Allyn..

Geographically the market has been segmented into North America, Europe, Asia, and Rest of the World. North America region had the highest market share in 2014 and would further continue to hold the major market share. The European region is the fastest growing market and is expected to grow at a CAGR of 9.6% during the forecast period.

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