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North America Dermatology Diagnostic Devices Market 2017-2022: Market is Anticipated to Expand at a Significant CAGR of 7.4%


(EMAILWIRE.COM, February 28, 2018 )
The North America Dermatology Diagnostic Devices market size was around USD 7.45 billion in 2017. It is expected to grow at a CAGR of 7.4% to reach USD 10.65 billion by 2022. It captures 35% of the global market.

Dermatology devices are expected to grow at a faster rate due to rising concern amongst people regarding aesthetics. This has led to rising awareness about various types of aesthetic procedures used for treating hair- and skin-related disorders. Primarily, women suffer from these disorders. Therefore, they are the highest revenue makers in the market.

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Increasing incidence of skin disorders, growing awareness regarding aesthetic procedures, technological advancements, and rising healthcare expenditure are the primary drivers of the market.

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The market is segmented by type and by application. By type the market is segmented into Dermatoscopes, Microscopes, and Imaging Devices. The imaging devices category is anticipated to command the largest share of the market during the aforementioned forecast period. It is due to the technological advancements and rising awareness regarding aesthetic procedures. By application the market is segregated into Skin Cancer Diagnosis and other Diagnostic Applications. The skin cancer diagnosis segment is expected to account for the largest share of the market during the forecast period.

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By geography the market is segmented into US and Canada. It is the largest market. North America is likely to lead the market in the aforementioned forecast period owing to the steady presence of numerous healthcare sector players in the region.

Key players in the market include 3Gen Inc. (U.S.), Bruker Corporation (U.S.), Carl Zeiss (Germany), Genesis Biosystems, Inc. (U.S.), Alma Lasers, Ltd. (Israel), Cutera, Inc. (U.S.), Cynosure, Inc. (U.S.), Lumenis Ltd. (Israel), Valeant Pharmaceuticals (Canada), HEINE Optotechnik GmbH & Co. KG (Germany), Michelson Diagnostics (U.K.), and PhotoMedex, Inc. (U.S.).

Market Segmentation
Skin Cancer Diagnosis
Other Diagnostic Applications
Imaging Devices
Contact Oil Immersion Dermatoscopes
Cross-Polarized Dermatoscopes
Hybrid Dermatoscopes

The scope of the report provides:

• The evaluation of the current market for your product or services and the future implications of the market
• Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
• Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
• Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
• The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces
• The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
• Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
• Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
• Equip you with the information providing with the investment opportunities in the industry

About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.

Market Data Forecast

Abhishek Shukla


Source: EmailWire.Com

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