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The dermatology endoscopy devices market will register a CAGR of almost 9% by 2023

The dermatology endoscopy devices market will register a CAGR of almost 9% by 2023

PR Newswire

LONDON, Jan. 7, 2019

LONDON, Jan. 7, 2019 /PRNewswire/ -- About this market
Rise in adoption of teledermatology to drive growth in the market. Teledermatology is a subspecialty of dermatology, which combines applications of e-health and telemedicine and uses telecommunication technologies to transfer medical information. It enables a dermatologist to receive digital images of dermoscopic lesions and examine them. It is advantageous for both patients as well as primary care providers Technavio' s analysts have predicted that the dermatology endoscopy devices market will register a CAGR of almost 9% by 2023.

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Market Overview
Increase in prevalence of dermatology-related conditions
Dermatology endoscopes are noninvasive devices used to diagnose dermatological diseases such as skin cancer, psoriasis, and atopic dermatitis among others. The diagnosis of skin cancers such as basal cell carcinoma, intraepidermal carcinoma, and malignant skin lesions requires early detection for optimal disease management. Thus, dermatology endoscopes can be beneficial.
Product limitations
Although the global dermatology endoscopy devices market is growing, product limitations hinder the growth of the market. For instance, some lesions are difficult to diagnose with dermatology endoscopy devices. It is difficult for physicians to diagnose whether some moles are benign or malignant in nature only using dermatology endoscopy devices.
For the detailed list of factors that will drive and challenge the growth of the dermatology endoscopy devices market during the 2019-2023, view our report.

Competitive Landscape
The market appears to be fragmented and with the presence of several companies including 3Gen and Canfield Scientific the competitive environment is quite intense. Factors such as the rise in adoption of teledermatology and the increase in prevalence of dermatology-related conditions, will provide considerable growth opportunities to dermatology endoscopy devices manufactures. 3Gen, Canfield Scientific, FotoFinder Systems, HEINE Optotechnik, and KIRCHNER & WILHELM are some of the major companies covered in this report.

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Last Updated: 07-Jan-2019