Top 4 Drivers Aiding to the Growth of the Dermatology Diagnostic Devices Market until 2020, Reports Technavio

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LONDON–(BUSINESS WIRE)–$ABT #HealthcareTechnavio
analysts forecast the global
dermatology diagnostic devices market
to grow at a CAGR
of more than 9% during the forecast period, according to their latest
report.

The research study covers the present scenario and growth prospects of
the global dermatology
diagnostic devices
market for 2016-2020. To
estimate the market size, the report considers revenue generated through
the sales of dermatology diagnostic devices.

To help in building preventive strategies, the move toward advanced
non-invasive approaches for early diagnosis of skin-associated
conditions will increase the need for dermatology diagnostic devices.
The introduction of advanced dermatoscopy has achieved high success rate
in identifying melanoma and other chronic skin disorders.

Molecular diagnostics is a recent addition to dermatology diagnosis
and is becoming popular with its standard care and diagnostic
specialties. The advances in molecular diagnostic testing technologies
have led to an improvement in the precision, sensitivity, efficiency,
and speed of clinical diagnostic procedures.

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Technavio healthcare
and life sciences
analysts highlight the following four factors
that are contributing to the growth of the global dermatology diagnostic
devices market:

  • Increase in prevalence of melanoma and autoimmune skin diseases
  • Growing awareness about skin rejuvenation and other cosmetic treatments
  • Increase in demand for advanced dermatology diagnostic services
  • Emphasis on early diagnosis

Increase in prevalence of melanoma and autoimmune skin diseases

The growing prevalence of skin disorders and abnormalities are
increasing the need for diagnosis. The use of dermatology diagnostic
devices is gaining popularity owing to increase in the prevalence of
skin disorders. Skin disorders are among the most common health problems
globally and is collectively exceeding the prevalence of conditions such
as hypertension, cancer, and obesity.

Barath Palada, a lead in-vitro
diagnostics
analyst at Technavio, says, “Autoimmune skin
disorders are caused due to the abnormal immune response of body against
foreign substances. This is known as autoimmunity and diseases acquired
usually fluctuate between periods of flare-ups and remission
.”

Growing awareness about skin rejuvenation and other cosmetic
treatments

Efforts to update dermatologists and individuals are expected to
contribute to the growth of the global dermatology diagnostic devices
market. The initiatives taken by both government and private entities
include regular education and training for physicians, public awareness
programs, and increased funding for scientific and epidemiological
research.

The increasing awareness and the need for improvement in diagnostic
accuracy have increased responsibility and interest among practitioners
in the field of dermatology. Accurate diagnosis and effective treatment
depend on the proficiency of general practitioners and dermatologists
,”
adds Barath.

Increase in demand for advanced dermatology diagnostic services

The increase in demand for advanced dermatology diagnosis is
substantially increasing in both developed and underdeveloped countries.
The introduction of dermatoscope to diagnosis skin conditions has
simplified the diagnostic approach and enabled ease of use for
physicians, especially for less experienced physicians. Technological
advancements in the field of dermatology diagnostic devices are focused
on enhancing the accuracy and sensitivity of the detection mechanisms.

One of the recent trends is the use of digital dermatoscope for early
detection of non-malignant melanomas. Use of mobile-based technologies
for dermatology diagnosis is another advancement in the field of
dermatology. For example, MetaOptima developed a mobile accessory
device that is connected with smartphones and helps individuals in
tracking and monitoring moles over a regular time period.

Emphasis on early diagnosis

Early diagnosis of skin cancer improves treatment efficacy and reduces
the overall burden on society in terms of investment in research,
diagnosis, and treatment. There is a significant focus on early
diagnosis and improvement of the detection rate for skin disorders in
order to reduce healthcare treatment costs, which will drive the global
dermatology diagnostic devices market. Developing countries have to
increase their spending dramatically to provide basic health insurance
coverage, develop a primary healthcare service, and improve the
availability of medications in rural and sub-urban areas.

Top vendors:

  • Abbott Diagnostics
  • Heine Optotechnik
  • Michelson Diagnostics
  • Roche Diagnostics
  • STRATA Skin Sciences
  • Welch Allyn

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is a leading global technology research and advisory company. The
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than 500 technologies across 80 countries. Technavio has about 300
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