Dermatology Endoscopy Devices Market by Product and Geography - Forecast and Analysis 2022-2026

The dermatology endoscopy devices market share is expected to increase by USD 152.12 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 9.35%.

This dermatology endoscopy devices market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers dermatology endoscopy devices market segmentation by product (traditional and digital) and geography (North America, Europe, Asia, and Rest of World (ROW)). The dermatology endoscopy devices market report also offers information on several market vendors, including AMD Global Telemedicine, AnMo Electronics Corp., Bausch Health Co 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 GmbH Co. KG, MetaOptima Technology Inc., Optilia Instruments AB, Pixience Healthcare Technology Solutions, and Rudolf Riester GmbH among others.

What will the Dermatology Endoscopy Devices Market Size be During the Forecast Period?

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Dermatology Endoscopy Devices Market: Key Drivers, Trends, and Challenges

The increase in the prevalence of melanoma and autoimmune skin diseases is notably driving the dermatology endoscopy devices market growth, although factors such as the presence of substitutes may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the dermatology endoscopy devices industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Dermatology Endoscopy Devices Market Driver

One of the key factors driving growth in the dermatology endoscopy devices market is the increase in the prevalence of melanoma and autoimmune skin diseases. The use of dermatology diagnostic devices is gaining popularity owing to the growing prevalence of skin disorders and abnormalities. Skin disorders are among the most common health problems globally and are collectively exceeding the prevalence of conditions such as hypertension, cancer, and obesity. Autoimmune skin disorders are caused due to the abnormal immune response of the body against foreign substances. The incidence rates of melanoma are highest in people aged 85 to 89 in the UK. Early diagnosis and prevention are the most important strategies for minimizing the impact of this disease. Dermatology endoscopes are noninvasive devices used to diagnose dermatological diseases such as skin cancer, psoriasis, and atopic dermatitis, among others.

Key Dermatology Endoscopy Devices Market Trend

The advances in technology are a dermatology endoscopy devices market trend that is expected to have a positive impact in the coming years. Vendors are developing innovative and superior technologies and overcoming the shortcomings of previous systems. They are focusing on developing lightweight, smartphone and tablet-compatible dermatology endoscopes, which can be directly connected to a smartphone or a tablet for high-quality imaging. For instance, Pixience provides C-Cube 2, a dermatology endoscopy device. It is a lightweight device that weighs around 410 grams. Similarly, 3Gen provides DermLite DL1, a dermatology endoscopy device compatible with Apple and Samsung smartphones and tablets. Smartphone- and tablet-compatible dermatology endoscopes can simplify the workflow by reducing the need for paper documentation. Such technological advances are expected to increase during the forecast period.

Key Dermatology Endoscopy Devices Market Challenge

The presence of substitutes will be a major challenge for the dermatology endoscopy devices market during the forecast period. Full-body imaging systems and microscopes are substitutes for dermatology endoscopy devices. They provide high-quality images of a patient's body parts. The images may be used for tracking, comparing, and monitoring lesions. They are helpful for the early detection of skin cancers and are preferred for providing a quick and efficient evaluation of existing spots on a patient's body. With the increasing number of cases of skin cancer, full-body imaging systems are becoming an essential tool in disease diagnosis. Moreover, vendors offer support tools that are designed for the analysis of patients on a case-to-case basis. Substitute products can restrict the growth of the global dermatology endoscopy devices market.

This dermatology endoscopy devices market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global dermatology endoscopy devices market as a part of the global healthcare equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the dermatology endoscopy devices market during the forecast period.

Who are the Major Dermatology Endoscopy Devices Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

• AMD Global Telemedicine
• AnMo Electronics Corp.
• Bausch Health Co 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 GmbH Co. KG
• MetaOptima Technology Inc.
• Optilia Instruments AB
• Pixience Healthcare Technology Solutions
• Rudolf Riester GmbH

 

This statistical study of the dermatology endoscopy devices market encompasses successful business strategies deployed by the key vendors. The dermatology endoscopy devices market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

• AnMo Electronics Corp. - AnMo Electronics Corp. is a privately held company headquartered in Taiwan. It is a global company, with limited information regarding its financials and limited information regarding its employee strength available. Its revenue from the global dermatology endoscopy devices market contributes to its overall revenues along with its other offerings, but it is not a key revenue stream for the company. 
• AnMo Electronics Corp. - The company offers dermatology endoscopy devices namely DermaScope. 

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The dermatology endoscopy devices market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Dermatology Endoscopy Devices Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the dermatology endoscopy devices market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Dermatology Endoscopy Devices Market?

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40% of the market’s growth will originate from North America during the forecast period. US and Canada are the key markets for dermatology endoscopy devices in North America. Market growth in this region will be faster than the growth of the market in the European regions.

The presence of key vendors in the US and Canada will facilitate the dermatology endoscopy devices market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 pandemic in 2020 had a negative impact on the dermatology endoscopy devices market in North America, which resulted in the temporary closure of various industries, including those manufacturing dermatology endoscopy devices. However, in 2021, the demand for these products rebounded, as manufacturing activities were reopened due to COVID-19 vaccination drives. The number of aesthetic and surgical procedures performed has reduced, and board-certified dermatologists in North America are using virtual medicine more frequently.

What are the Revenue-generating Product Segments in the Dermatology Endoscopy Devices Market?

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The dermatology endoscopy devices market share growth by the traditional segment will be significant during the forecast period. The traditional dermatology endoscopy devices segment holds the major share in the global dermatology endoscopy devices market as traditional dermatology endoscopy devices have been used in diagnostics for a long time. Further, traditional dermatology endoscopy devices are cost-effective compared with digital dermatology endoscopy devices. Hence, hospitals and medical centers with budget constraints prefer using traditional dermatology endoscopy devices.

This report provides an accurate prediction of the contribution of all the segments to the growth of the dermatology endoscopy devices market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Dermatology Endoscopy Devices Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 9.35%
Market growth 2022-2026	$152.12 million
Market structure	Fragmented
YoY growth (%)	8.9
Regional analysis	North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution	North America at 40%
Key consumer countries	US, Canada, UK, Germany, France, and China
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	AMD Global Telemedicine, AnMo Electronics Corp., Bausch Health Co 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 GmbH Co. KG, MetaOptima Technology Inc., Optilia Instruments AB, Pixience Healthcare Technology Solutions, and Rudolf Riester GmbH
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Dermatology Endoscopy Devices Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive dermatology endoscopy devices market growth during the next five years
• Precise estimation of the dermatology endoscopy devices market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the dermatology endoscopy devices industry across North America, Europe, Asia, and Rest of World (ROW)
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of dermatology endoscopy devices market vendors

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