The global Dermatoscopes Market size is expected to reach USD 1.7 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 13.6% during the forecast period. Dermatoscopy plays a vital role in screening for skin cancer, which has resulted in early detection and identification of pigmented lesions. Benign pigmented moles possess a certain risk of developing melanoma.
Skin cancer is a chronic disease affecting a large population of the world. Rising incidence of melanoma and nonmelanoma skin cancers is providing an upthrust to the market. Certain moles, such as giant congenital pigmented hairy moles, are at high risk of developing melanoma. This has boosted the need for effective diagnosis with dermatoscopes.
In April 2016, The Skin Cancer Foundation initiated a month-long education and fundraising campaign during the Skin Cancer Awareness month. Early detection has been proved to be very useful in its effective treatment. Hence, rising number of awareness campaigns is estimated to fuel the demand for dermatoscopes, which is anticipated to propel the market. Earlier, the usage of these technologically advanced devices was limited to detection of noninvasive melanoma. However, with technological advancements, their application has widened to advanced diagnosis of various skin disorders.
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Further key findings from the study suggest:
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Grand View Research has segmented the global dermatoscopes market on the basis of product, technology, modality, end use, and region:
Dermatoscopes Product Outlook (Revenue, USD Million, 2014 – 2025)
Dermatoscopes Technology Outlook (Revenue, USD Million, 2014 – 2025)
Dermatoscopes Modality Outlook (Revenue, USD Million, 2014 – 2025)
Dermatoscopes End-Use Outlook (Revenue, USD Million, 2014 – 2025)
Dermatoscopes Regional Outlook (Revenue, USD Million, 2014 – 2025)
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Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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