European Dermatology Diagnostic Devices market (Dermatoscope, Imaging techniques and Microscopes) - European Forecasts to 2019
The field of dermatology is related to the diagnosis and treatment of conditions related to hair, nail and skin. The diagnostic devices are used in the identification and monitoring of skin conditions such as melanoma, pigmented skin lesion, fungal infection, Psoriasis and so on. There are various kinds of diagnostic devices of which currently that are used majorly by dermatologist are digital photography tool and the dermatoscope. The dermatoscope aids in better diagnosis beyond the naked eye. The device projects light on the skin thus, causing magnification of the skin structure thus, helping in better diagnosis. The digital photography, involves the total cutaneous imaging of the skin lesion, with serial images that are recorded over a period of time, which are then further analyzed.
There are various factors that are driving the growth of the European dermatology diagnostic devices market they include, rising aging population, increasing demand for dermatologists, rising skin disorders, increase in health care awareness , increasing health care expenditure and technological advancements. However there are factors that are limiting the growth of this market they are, stringent regulatory and reimbursement issues, competitive pricing of low-cost manufacturers, insufficient dermatology care and availability of low cost substitutes.
The diagnostic device market is segmented based on type which is the dermatoscope, Imaging technique and microscope. The Dermatology diagnostic device market is dominated by the Imaging techniques which comprises over 87.0% of the market share in the European region and is expected to grow with a CAGR of 9.8% during the forecasted period, 2014-2019. This is due to the ability of the device to detect advanced stages of melanoma. The Dermatoscope market is further divided into traditional and digital dermatoscope, of which the Traditional dermatoscope has the highest market share over 60.9%. On the other hand, the imaging techniques are further classified into Ultrasound, CT, MRI and OCT of which the ultrasound market has the highest market share of over 52.9%.
In the European region Germany dominates the market of Diagnostic devices registering around 25.8% in 2013, followed by France. The U.K. region is the fastest growing region and is expected to grow at a CAGR of 10.0% during the forecasted year 2014-2019. This is due to the increasing demand for dermatologists and increasing awareness of skin disorders in this region.
In-depth market share analysis, by revenue, of the top companies is also included in the report. These numbers are arrived at, based on key facts, annual financial information from SEC filings, Annual reports and interviews with industry experts, key opinion leaders such as CEOs, directors, and marketing executives. Detailed market share analysis of the major players in the European diagnostic device market is covered in this report. The major companies in this market include AMD Global Telemedicine Inc. (U.S.), Carl Zeiss Meditec (Germany), FEI Company (U.S.), Fotofinder Systems GMBH (Germany), Leica Microsystems (Germany), Michelson diagnostics ltd. (U.K), Nikon Corporation (Japan), MELA sciences, Inc. (U.S.), Verisante technology, Inc. (Canada) , Solta medical (U.K.), GE healthcare (U.K.), MAVIG GmbH (Germany), Bruker Corp. (U.S.), Philips healthcare (The Netherlands), Heine Optotechnik (Germany), Siemens healthcare (Germany), Toshiba medical systems (Japan) and Welch Allyn (U.S.).