Market Trends of Dermatoscopes Industry
This section covers the major market trends shaping the Dermatoscopes Market according to our research experts:
Contact Dermatoscopes Segment Anticipated to Dominate the Market Over the Forecast Period
Contact dermatoscopes offers better focus as compared to the other dermatoscopes available in the market and therefore dermatologist prefers contact lenses in skin examination. The increasing product launches in this segment along with the rising patient population suffering from skin diseases is supporting the growth of the segment during the forecast period. The growing geriatric population is also boosting the growth of the market segment. For instance, as per the Statistics Canada 2021 census, there were around 7,021,430 people aged 65 years or above, out of which 3,224,680 were males and 3,796,750 were females, living in Canada in 2021. Such a rise in the geriatric and elderly population ultimately results in facial aging, leading to wrinkles, thereby boosting the demand for these devices.
Moreover, technological advancements in contact dermatoscopes are also likely to drive the demand for contact dermatoscopes in near future. For instance, in January 2021, Casio Computer Co., Ltd. launched DZ-D100 DERMOCAMERA in collaboration with Chiba University. This product is capable of capturing close shots along with normal shots and does not require two separate cameras for the examination. Similarly, in April 2020, HEINE announced the launch of two new dermatoscopes, DELTA 30 and DELTAone in the market.
Therefore, the laser devices segment is expected to witness significant growth over the forecast period due to the increasing product launches along with the growing number of patients suffering from the skin diseases.
North America is Expected to Dominate the Dermatoscopes Market
North America is anticipated to dominate the dermatoscopes market during the forecast period. The growing patient population suffering from skin diseases including skin cancer, and presence of key players such as Caliber Imaging & Diagnostics, Firefly Global, in the region are some of the prominent factors influencing the market growth. According to the report published by the World Health Organization, more than 105,172 new cases of melanoma cancers were registered in the North American region in 2020. Similarly, more than 586,575 cases of non-melanoma cancer were recorded in the region in the year 2020.
Moreover, the well-established healthcare sector in the United States along with the adoption of technologically advanced products are also supporting the market growth. Moreover, growing awareness campaigns initiated by the government as well as commercial organizations are anticipated to support the market growth. For instance, American Association for Cancer Research every year declares May as a skin cancer awareness month in the United States and organizes various awareness campaigns across the country to increase the diagnosis of skin cancer.
Therefore, owing to factors such as increasing skin diseases in the region, and the presence of major players the are driving the market growth in North America Region.
