North America Dermatology Diagnostic Devices Market is Expected to Reach $202.4 Million by 2019 – A Report by MicroMarket Monitor

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The North America Dermatology Diagnostic Devices market is expected to grow due to technological advancements, demand from baby boomers, and increasing prevalence of skin disorders.

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The major companies North America Dermatology Diagnostic Devices Market include GE Healthcare (U.K.), Siemens Healthcare (Germany), Philips Healthcare (Netherlands), Toshiba Medical Systems (Japan), Heine Optotechnik (Germany).

The North America dermatology diagnostic devices market report defines and segments the concerned market with analysis and forecast of revenue. This market is expected to reach $202.4 million by 2019 and is estimated to grow at a CAGR of 7.9% from 2014 to 2019.

Browse through the TOC of North America Dermatology Diagnostic Devices Market for an analysis of industry trends, segments and forecasts.

Dermatology diagnostic devices help in the diagnosis of various skin disorders and cancer, thus aiding in their treatment. With the increasing number of skin disorders, there is a strong demand of dermatology diagnosis. It helps to improve the rate of survival and reduces the morbidity rate and cost of care. Currently, various technologies are being applied to improve dermatology diagnosis devices. A few examples of technologies that are used in diagnosis procedures include dermatoscopes, imaging techniques, and microscopes.

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The rising incidences of various skin disorders, coupled with technological advancements and demand from baby boomers, is the major factor driving the dermatology diagnostic devices market. There are various other factors, such as growing insurance coverage and disposable income due to increasing employment in North America, that are also driving the growth of this market.

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The North America dermatology diagnostic devices market is segmented based on type into dermatoscopes, imaging techniques, and microscopes. The imaging techniques segment accounted for the largest share of the market in 2014 and is expected to further continue to hold a major share in the coming years. The microscopes market is the fastest-growing market and is expected to grow at a CAGR of 9.1% during the forecast period.

The North America region has been segmented into the U.S., Canada, and Mexico. Mexico is the fastest-growing market, and is expected to grow at a CAGR of 9.8% during the forecast period.

This report also includes the drivers, restraints, and upcoming opportunities in the market. In addition, it also presents a competitive landscape and company profiles of the key players in the market.

Related Report

Asian Dermatology Diagnostic Devices Market

Growing dependence on aesthetic procedures to acquire youthful and glowing skin is becoming a common phenomenon, globally. Dermatological diagnostic devices are meant to ensure accurate examination of the patient’s skin condition. With the rapid prevalence of cosmetic procedures and skin disorders among the Asian population, the overall demand for dermatology diagnostic devices is steadily rising. Dermatological treatments are used to effectively rectify skin defects and provide a cure for several kinds of skin diseases. Countries in the Asian region, such as India and China have a tropical climate, which makes the inhabitants in these regions highly prone to sun exposure, especially skin tanning. This has resulted in increasing the demand for dermatological treatments that affects the growth of the dermatology diagnostic devices market in Asia.

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MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Healthcare industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Healthcare industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.

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MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

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