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Top 4 Drivers Aiding to the Growth of the Dermatology Diagnostic Devices Market until 2020, Reports TechnavioTechnavio 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. Request a sample report: http://www.technavio.com/request-a-sample?report=52730 Technavio's sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more. 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 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 th 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:
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Do you need a report on a market in a specific geographical cluster or country but can't find what you're looking for? Don't worry, Technavio also takes client requests. Please contact [email protected] with your requirements and our analysts will be happy to create a customized report just for you. About Technavio Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies. Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users. If you are interested in more information, please contact our media team at [email protected]. View source version on businesswire.com: http://www.businesswire.com/news/home/20160929005415/en/ |
