Dermatology Diagnostic Devices Market to grow at a CAGR of 10.12% from 2022 to 2027|Increasing demand for advanced dermatology diagnostic services to drive the market growth -Technavio

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NEW YORK, July 21, 2023 /PRNewswire/ — The dermatology diagnostic devices market size to grow by USD 9,108.83 million at a CAGR of 10.12% from 2022 to 2027, according to the latest research report from Technavio. Discover Health Care Equipment industry potential and make informed business decisions based on qualitative and quantitative evidence highlighted in Technavio reports. View Sample Report!

The dermatology diagnostic devices market covers the following areas:

• Dermatology Diagnostic Devices Market Sizing
• Dermatology Diagnostic Devices Market Forecast
• Dermatology Diagnostic Devices Market Analysis

Vendor Landscape

The dermatology diagnostic devices market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Vendor Offering

• Agfa Gevaert NV – The company offers a dermatology diagnostic device called Skintell which is a noninvasive imaging technology for visualizing skin morphology.
• Caliber Imaging and Diagnostics Inc. – The company offers dermatology diagnostic devices such as the VIVASCOPE system, VIVASCOPE 1500, VIVASCOPE 2500, and VIVASCOPE 3000.
• F. Hoffmann La Roche Ltd. – The company offers dermatology diagnostic tools through diagnostic dermatopathology ready-to-use reagents with key IHC and FITC antibodies.

For the market’s vendor landscape highlights with a comprehensive list of vendors and their offerings – View Sample in minutes

Key Market Segmentation

The market is segmented by end-user (hospitals, clinics, and diagnostic labs), type (imaging devices, microscopes, immunoassays, molecular diagnostics, and others), and geography (North America, Europe, Asia, and the Rest of the World (ROW)).

• The market share growth by the hospitals segment will be significant during the forecast period. This is due to the various benefits that dermatology diagnostic equipment products offer to hospitals and clinics at different levels and roles. The growth in the segment is also due to the increase in skin diseases and the presence of skilled professionals. Furthermore, the availability of skilled professionals helps to diagnose health conditions accurately through medical tests. Hence, these factors are expected to drive segment growth during the forecast period.

View Sample Report in minutes for more highlights into the market segments.

Regional Market Outlook

• North America is estimated to contribute 35% to the growth of the global market during the forecast period. This growth is due to the growing geriatric population and high prevalence of chronic and infectious skin diseases, which is increasing the demand for diagnostic products and services in the region. Furthermore, many companies in the region are investing heavily in R&D to find a better way to treat dermatological-related diseases. Hence, high investments and increasing demand are expected to drive market growth in the region during the forecast period.

For more key highlights on the regional market share of most of the above-mentioned countries.- View Sample Report

Companies Mentioned

• Abbott Laboratories
• Agfa Gevaert NV
• AnMo Electronics Corp.
• Bayer AG
• Bomtech Electronics Co. Ltd.
• Bruker Corp.
• Caliber Imaging and Diagnostics Inc.
• Canfield Scientific Inc.
• Danaher Corp.
• F. Hoffmann La Roche Ltd.
• Firefly Global
• FotoFinder Systems GmbH
• General Electric Co.
• HEINE Optotechnik GmbH and Co. KG
• Hill Rom Holdings Inc.
• Keyence Corp.
• KIRCHNER and WILHELM plus GmbH Co. KG
• Michelson Diagnostics Inc.
• Microcurrent Technology Inc.
• Strata Skin Sciences Inc.

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Dermatology Diagnostic Devices Market – Market Dynamics

Key Drivers 

Increasing demand for advanced dermatology diagnostic services is the key factor driving the market growth. Dermoscopy has simplified the method of diagnosing skin diseases and made it simpler for physicians to use, particularly those with less experience. Technological advancement in the field of dermatological symptomatic devices focuses on working on the precision and sensitivity of detection mechanisms. Many companies are entering the market due to the increasing demand for the devices. Hence, these factors are expected to drive market growth during the forecast period.

Major Trends

The emergence of 3D imaging technology is the major trend in the market. In telemedicine, particularly in rural areas of developing nations, 3D imaging has become very important. The field of dermatology has transformed as a result of the application of AI to imaging technologies, and the diagnosis of melanoma and other skin malignancies has improved. Additionally, 3D imaging can be used to track changes in lesion volume, height, or width, which is helpful for measuring the impact of treatment on clinical lesions like scars or acne lesions. Hence, these advanced solutions are expected to drive market growth during the forecast period.

Significant Challenges

High equipment and maintenance costs are significant challenges restricting market growth. These high equipment and maintenance costs are due to the testing equipment and reagents needed. Additionally, the cost of data processing is considered, because diagnostic techniques heavily rely on interpretation. Doctor visits, hospital stays, prescription drugs, over-the-counter items, and indirect expenditures resulting from lost productivity are all included in the cost of treating skin illnesses. The cost of diagnostic tools has also gone up as a result of technological improvement. Hence, these factors are expected to restrict market growth during the forecast period.

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Table of Contents

1 Executive Summary

• 1.1 Market Overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global dermatology diagnostic devices market 2017 – 2021 
• Exhibit 18: Historic Market Size – Data Table on Global dermatology diagnostic devices market 2017 – 2021 ($ million)

• 4.2 End-user Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – End-user Segment 2017 – 2021 ($ million)

• 4.3 Type Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments
• Exhibit 30: Chart on End-user – Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user – Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 Hospitals – Market size and forecast 2022-2027 
• Exhibit 34: Chart on Hospitals – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Hospitals – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Hospitals – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Hospitals – Year-over-year growth 2022-2027 (%)

• 6.4 Clinics – Market size and forecast 2022-2027 
• Exhibit 38: Chart on Clinics – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Clinics – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Clinics – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Clinics – Year-over-year growth 2022-2027 (%)

• 6.5 Diagnostic labs – Market size and forecast 2022-2027 
• Exhibit 42: Chart on Diagnostic labs – Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Diagnostic labs – Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Diagnostic labs – Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Diagnostic labs – Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by End-user 
• Exhibit 46: Market opportunity by End-user ($ million)
• Exhibit 47: Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 48: Chart on Type – Market share 2022-2027 (%)
• Exhibit 49: Data Table on Type – Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 50: Chart on Comparison by Type
• Exhibit 51: Data Table on Comparison by Type

• 7.3 Imaging devices – Market size and forecast 2022-2027 
• Exhibit 52: Chart on Imaging devices – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Imaging devices – Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Imaging devices – Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Imaging devices – Year-over-year growth 2022-2027 (%)

• 7.4 Microscopes – Market size and forecast 2022-2027 
• Exhibit 56: Chart on Microscopes – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Microscopes – Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Microscopes – Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Microscopes – Year-over-year growth 2022-2027 (%)

• 7.5 Immunoassays – Market size and forecast 2022-2027 
• Exhibit 60: Chart on Immunoassays – Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Immunoassays – Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Immunoassays – Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Immunoassays – Year-over-year growth 2022-2027 (%)

• 7.6 Molecular diagnostics – Market size and forecast 2022-2027 
• Exhibit 64: Chart on Molecular diagnostics – Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Molecular diagnostics – Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Molecular diagnostics – Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Molecular diagnostics – Year-over-year growth 2022-2027 (%)

• 7.7 Others – Market size and forecast 2022-2027 
• Exhibit 68: Chart on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Data Table on Others – Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Chart on Others – Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on Others – Year-over-year growth 2022-2027 (%)

• 7.8 Market opportunity by Type 
• Exhibit 72: Market opportunity by Type ($ million)
• Exhibit 73: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 75: Chart on Market share by geography 2022-2027 (%)
• Exhibit 76: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 77: Chart on Geographic comparison
• Exhibit 78: Data Table on Geographic comparison

• 9.3 North America – Market size and forecast 2022-2027 
• Exhibit 79: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.4 Europe – Market size and forecast 2022-2027 
• Exhibit 83: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.5 Asia – Market size and forecast 2022-2027 
• Exhibit 87: Chart on Asia – Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on Asia – Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on Asia – Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on Asia – Year-over-year growth 2022-2027 (%)

• 9.6 Rest of World (ROW) – Market size and forecast 2022-2027 
• Exhibit 91: Chart on Rest of World (ROW) – Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Rest of World (ROW) – Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Rest of World (ROW) – Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Rest of World (ROW) – Year-over-year growth 2022-2027 (%)

• 9.7 US – Market size and forecast 2022-2027 
• Exhibit 95: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.8 China – Market size and forecast 2022-2027 
• Exhibit 99: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.9 UK – Market size and forecast 2022-2027 
• Exhibit 103: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.10 Germany – Market size and forecast 2022-2027 
• Exhibit 107: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.11 Japan – Market size and forecast 2022-2027 
• Exhibit 111: Chart on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.12 Market opportunity by geography 
• Exhibit 115: Market opportunity by geography ($ million)
• Exhibit 116: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 117: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 118: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 119: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 120: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 121: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 122: Matrix on vendor position and classification

• 12.3 Agfa Gevaert NV
• Exhibit 123: Agfa Gevaert NV – Overview
• Exhibit 124: Agfa Gevaert NV – Business segments
• Exhibit 125: Agfa Gevaert NV – Key offerings
• Exhibit 126: Agfa Gevaert NV – Segment focus

• 12.4 Bayer AG
• Exhibit 127: Bayer AG – Overview
• Exhibit 128: Bayer AG – Business segments
• Exhibit 129: Bayer AG – Key news
• Exhibit 130: Bayer AG – Key offerings
• Exhibit 131: Bayer AG – Segment focus

• 12.5 Caliber Imaging and Diagnostics Inc. 
• Exhibit 132: Caliber Imaging and Diagnostics Inc. – Overview
• Exhibit 133: Caliber Imaging and Diagnostics Inc. – Product / Service
• Exhibit 134: Caliber Imaging and Diagnostics Inc. – Key offerings

• 12.6 Canfield Scientific Inc. 
• Exhibit 135: Canfield Scientific Inc. – Overview
• Exhibit 136: Canfield Scientific Inc. – Product / Service
• Exhibit 137: Canfield Scientific Inc. – Key offerings

• 12.7 F. Hoffmann La Roche Ltd. 
• Exhibit 138: F. Hoffmann La Roche Ltd. – Overview
• Exhibit 139: F. Hoffmann La Roche Ltd. – Business segments
• Exhibit 140: F. Hoffmann La Roche Ltd. – Key news
• Exhibit 141: F. Hoffmann La Roche Ltd. – Key offerings
• Exhibit 142: F. Hoffmann La Roche Ltd. – Segment focus

• 12.8 Firefly Global
• Exhibit 143: Firefly Global – Overview
• Exhibit 144: Firefly Global – Product / Service
• Exhibit 145: Firefly Global – Key offerings

• 12.9 FotoFinder Systems GmbH 
• Exhibit 146: FotoFinder Systems GmbH – Overview
• Exhibit 147: FotoFinder Systems GmbH – Product / Service
• Exhibit 148: FotoFinder Systems GmbH – Key offerings

• 12.10 General Electric Co.
• Exhibit 149: General Electric Co. – Overview
• Exhibit 150: General Electric Co. – Business segments
• Exhibit 151: General Electric Co. – Key news
• Exhibit 152: General Electric Co. – Key offerings
• Exhibit 153: General Electric Co. – Segment focus

• 12.11 HEINE Optotechnik GmbH and Co. KG 
• Exhibit 154: HEINE Optotechnik GmbH and Co. KG – Overview
• Exhibit 155: HEINE Optotechnik GmbH and Co. KG – Product / Service
• Exhibit 156: HEINE Optotechnik GmbH and Co. KG – Key offerings

• 12.12 Hill Rom Holdings Inc. 
• Exhibit 157: Hill Rom Holdings Inc. – Overview
• Exhibit 158: Hill Rom Holdings Inc. – Business segments
• Exhibit 159: Hill Rom Holdings Inc. – Key news
• Exhibit 160: Hill Rom Holdings Inc. – Key offerings
• Exhibit 161: Hill Rom Holdings Inc. – Segment focus

• 12.13 Keyence Corp.
• Exhibit 162: Keyence Corp. – Overview
• Exhibit 163: Keyence Corp. – Product / Service
• Exhibit 164: Keyence Corp. – Key offerings

• 12.14 KIRCHNER and WILHELM plus GmbH Co. KG 
• Exhibit 165: KIRCHNER and WILHELM plus GmbH Co. KG – Overview
• Exhibit 166: KIRCHNER and WILHELM plus GmbH Co. KG – Product / Service
• Exhibit 167: KIRCHNER and WILHELM plus GmbH Co. KG – Key offerings

• 12.15 Michelson Diagnostics Inc. 
• Exhibit 168: Michelson Diagnostics Inc. – Overview
• Exhibit 169: Michelson Diagnostics Inc. – Product / Service
• Exhibit 170: Michelson Diagnostics Inc. – Key offerings

• 12.16 Microcurrent Technology Inc. 
• Exhibit 171: Microcurrent Technology Inc. – Overview
• Exhibit 172: Microcurrent Technology Inc. – Product / Service
• Exhibit 173: Microcurrent Technology Inc. – Key offerings

• 12.17 Strata Skin Sciences Inc. 
• Exhibit 174: Strata Skin Sciences Inc. – Overview
• Exhibit 175: Strata Skin Sciences Inc. – Business segments
• Exhibit 176: Strata Skin Sciences Inc. – Key offerings
• Exhibit 177: Strata Skin Sciences Inc. – Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 178: Inclusions checklist
• Exhibit 179: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 180: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 181: Research methodology
• Exhibit 182: Validation techniques employed for market sizing
• Exhibit 183: Information sources

• 13.5 List of abbreviations 
• Exhibit 184: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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