What is LED Dermatoscope Market?
LED Dermatoscope is a device used for the examination of skin lesions that can be determined using an instrument. The instrument is used by dermatologists to distinguish benign tumors and malignant (cancerous) lesions, especially in the diagnosis of melanoma. Modern dermatoscopy uses the liquid medium and polarized light in order to cancel out the skin surface reflection. The images or videos are digitally processed using a digital epiluminescence dermatoscope. The high demand for sophisticated diagnostic techniques for chronic skin disorders has projected the growth of the global LED dermatoscope market in the forecast period.
The market study is being classified by Type (Contact Dermatoscope, Hybrid Dermatoscope and Noncontact Dermatoscope), by Application (Skin Tumors, Scabies, Warts, Fungal Infections and Others) and major geographies with country level break-up.
Dermlite (United States), Heine Optotechnik (Germany), Dino-Lite (Taiwan), Canfield Scientific, Inc. (United States), WelchAllyn (United States), AMD Global (United States), KaWe (Germany), FotoFinder (United States), Caliber I.D. (United States) and Firefly Global (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global LED Dermatoscope market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global LED Dermatoscope market by Type, Application and Region.
On the basis of geography, the market of LED Dermatoscope has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- High Prevalence of Skin Cancer Disease and Rise in Patient Awareness about Skin Cancer
- High Cost of Treatment and Diagnostic Imaging Procedures through MRI and X-ray Devices
Market Trend
- Growth in Technologies such as USB Imaging and Video Technology of Imaging Melanoma
Restraints
- Strict Regulations Regarding Healthcare
Opportunities
- Growth in Research and Development Initiatives
Challenges
- Lack of Skilled Professionals
On 7th April 2020, HEINE, a global primary diagnostic instrument manufacturer, has announced two new dermatoscopes available for purchase in the United States.
Key Target Audience
LED Dermatoscope Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others