Dermatology Endoscopy Devices Market Size, Share, and Trends

The global dermatology endoscopy devices market size was evaluated at USD 1.69 billion in 2022 and is expected to attain around USD 3.31 billion by 2032, growing at a CAGR of 7% from 2023 to 2032.

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Dermatology endoscopes are instruments that help in the diagnosis of a number of dermatological problems, including atopic dermatitis, psoriasis, and pre-stage skin cancer. Devices used in dermatology endoscopy are non-invasive and utilized for the early diagnosis of skin conditions for the best disease management.

Key Takeaways

• By geography, the North America is predicted to hold a significant amount of the global market.
• By geography, The Asia Pacific region is expected to see rapid growth in the market.
• By type, the digital dreamscapes segment holds the highest market share in 2022.
• By application, the skin cancer segment holds the largest market share in 2022.

Growth Factor

The use of dermatology endoscopic devices allows for the early detection of skin lesions, cancers, psoriasis, and other dermatological conditions. Using dermatoscopes, which can look through the skin to reveal underlying skin characteristics and lesions, Dermatoscopes are used by dermatologists to distinguish between malignant and benign skin lesions. 

A variety of designs, including polarized, non-polarized, and hybrid variants, are available for dermatoscopes. These assist in identifying a variety of skin disorders, such as alopecia, skin cancer, lesions, and inflammations. One of the main factors propelling the worldwide dermatology endoscopic devices market is the rise in skin cancer incidence. 

According to the American Academy of Dermatology, around 9,500 new cases of skin cancer are reported every day, making it the most common malignancy in the nation. Additionally, one in five Americans develops skin cancer at some time in their life. These reasons are anticipated to raise demand for dermatological endoscopic equipment in the near future.

Due to the high incidence of skin cancer in Australia and New Zealand, the market for dermatology endoscopic devices in the Asia Pacific region is anticipated to grow quickly. In the next years, it is projected that the market in the Asia Pacific would be driven by increased awareness of skin cancer diagnosis and an increase in skin cancer rates due to increased UV exposure in developing nations like India and China.

Therefore, the growing elderly population and acceptance of teledermatology, telemedicine, and e-health, as well as the market for dermatology endoscopic equipment, are what are significantly driving its expansion. The desire for non-invasive technologies and the rising prevalence of dermatology-related disorders are expected to fuel market expansion. 

On the other hand, the scarcity of qualified medical professionals in some areas and several product restrictions including its restricted magnification capabilities may impede the market's overall growth. In the next years, it is projected that the market in the Asia Pacific would be driven by increased awareness of skin cancer diagnosis and an increase in skin cancer rates due to increased UV exposure in developing nations like India and China. Within the projected period, it is predicted that the demand for digital endoscopes and the developments in product technologies would lead to new possibilities.

• As teledermatology becomes more necessary and popular, businesses are creating dermatology endoscopic tools that can support it.
• One of the main factors propelling the worldwide dermatology endoscopic devices market is the rise in skin cancer incidence.
• Another factor that is anticipated to drive the market for dermatology endoscopic devices is the increased attention of industry players on developing technologically enhanced goods like mobile dermatoscopes and video dermatoscopes that integrate cellphones and software to dermatoscopes.
• The ongoing discovery of novel clinical uses for dermatological endoscopic devices, particularly for skin malignancies, has created opportunities for the global industry.

Dermatology Endoscopy Devices Market Scope

Dermatology Endoscopy Devices Market Dynamics

Key Market Drivers

An increase in the prevalence of conditions related to dermatology

The rise in the incidence of disorders connected to dermatology is a major factor fueling the market's expansion. The identification of skin malignancies such as intraepidermal carcinoma, basal cell carcinoma, and malignant skin lesions requires early detection in order to achieve best disease treatment. Endoscopes for dermatology can therefore be useful. The opportunity for the worldwide market is the increase in tele-dermatology use.

Companies have created dermatology endoscopic technologies that potentially enable tele-dermatology as a result of increasing demand and knowledge of tele-dermatology. Dermatologists can treat patients in far-off locations with the usage of such goods. In the upcoming years, the market for dermatology endoscopic devices will be driven by the aforementioned aspects.

Key Market Challenges

The availability of replacements will pose a significant challenge to the market for dermatology endoscopic equipment

Full-body imaging systems and microscopes can take the role of endoscopic devices used in dermatology. They provide in-depth images of the patient's bodily parts. The images allow for the tracking, comparing, and monitoring of lesions. They are preferred for providing a quick and thorough examination of any spots already present on the body of the patient and are helpful for the early identification of skin cancers. 

As skin cancer rates increase, full-body imaging technologies are becoming into a vital tool for disease diagnosis. Additionally, producers offer support resources for specific patient analysis. Substitute products may restrain the growth of the global market for dermatological endoscopic devices.

Key Market Opportunities

The dermatology endoscopy devices market is driven by rapid technological advancement

The market for dermatology endoscopic devices is expected to benefit in the next years from technological improvements. Vendors are developing cutting-edge technologies that outperform current ones and improving upon older ones that have shortcomings. They are putting their efforts towards developing dermatological endoscopes that are small, light, and capable of connecting straight to a smartphone or tablet for high-quality imaging. 

For example, Pixience provides the C-Cube 2 dermatological endoscopic instrument. It is a tiny device, weighing only 410 grams. Similar to that, 3Gen provides the DermLite DL1, an endoscopic tool for dermatologists that is compatible with Apple and Samsung smartphones and tablets. By doing away with paper, dermatology endoscopes connected to tablets and cellphones can simplify the procedure. Throughout the predicted period, more of these technical developments are anticipated.

Rising incidence of melanoma and autoimmune skin conditions

The increasing frequency of skin illnesses and anomalies has led to a rise in the usage of dermatological diagnostic tools. Globally, skin concerns are among the most prevalent health issues, outpacing the incidence of diseases like obesity, cancer, and hypertension. Skin autoimmune diseases are brought on by the body's aberrant immune reaction to external substances. In the UK, melanoma incidence rates are highest in those between the ages of 85 and 89. 

The most crucial measures for reducing the effects of this condition are early diagnosis and prevention. Skin cancer, psoriasis, and atopic dermatitis are just a few of the dermatological conditions that dermatology endoscopes are used to diagnose.

Type Insights

In 2022, digital dermatology endoscopic devices hold the biggest market share. Patients and primary care physicians can both benefit from digital endoscopes. Digital endoscopes assist patients avoid problems like long wait times and costs associated with travel or missed work by addressing issues like the lack of competent doctors in poor countries. 

Due to its lengthy history of usage in diagnostic procedures, the conventional dermatology endoscopic devices segment commands the lion's share of the global market for dermatological endoscopy devices. In addition, traditional dermatological endoscopic equipment is less expensive than digital dermatology endoscopy equipment. As a result, hospitals and medical facilities on a tight budget prefer to use conventional dermatological endoscopic technologies.

Modality Insights

Applications have a significant need for portable, multipurpose inspection camera endoscope systems with strong wireless modules. Handheld endoscopes might possibly lower the risks and levels of difficulty in endoscopic treatment operations. Handheld dermatology endoscopy's future depends on its capacity to satisfy the unique clinical requirements of procedures. 

The market for dermatology endoscopy devices will be driven during the forecast period by factors such as the clinical safety and cost-effectiveness of the devices, the wide availability of directed training opportunities to improve technical skills, and the clinical decision-making abilities of the procedures.

Application Insights

In 2022, skin cancer applications for dermatology endoscopic devices were the biggest market share. The worldwide market has the opportunity as novel clinical uses of dermatological endoscopic devices beyond their present usage, particularly for skin malignancies, were continually discovered. Future prospects for the dermatological endoscopic devices market are being created by expanding research into various skin cancer screening methods employing dermatology endoscopes.

Regional Insights

North America is predicted to hold a significant amount of the global market. The main factors anticipated to drive the dermatology endoscopy devices market in North America during the forecast period include dermatologists' quick adoption of cutting-edge products like digital video dermatoscopes, the upsurge in skin cancer cases in the U.S., and the usage of tele dermatology in clinical settings to diagnose diseases early and effectively. In contrast to the 3 million Americans who suffer from non-melanoma skin malignancies like squamous cell carcinoma and basal cell carcinoma, more than 1 million Americans are identified with melanoma each year.

The Asia Pacific region is expected to see rapid growth in the market for dermatology endoscopic devices due to the high prevalence of skin cancer in Australia as well as New Zealand. In the upcoming years, it is anticipated that the rising prevalence of skin cancer and improved diagnostic tools would propel the Asia Pacific market for dermatological endoscopic devices. Rising UV radiation exposure in growing nations like China and India is the cause of both of these developments.

Dermatology Endoscopy Devices Market Companies

• AMD Global Telemedicine
• AnMo Electronics Corp.
• Bausch Health Co Inc.
• Caliber Imaging and Diagnostics Inc.
• Canfield Scientific Inc.
• DermLite LLC
• DermoScan GmbH
• Firefly Global
• HEINE Optotechnik GmbH and Co. KG
• ILLUCO Corp. Ltd.
• Jedmed
• Kirchner and Wilhelm GmbH Co. KG
• MetaOptima Technology Inc.
• Optilia Instruments AB
• Pixience Healthcare Technology Solutions
• Rudolf Riester GmbH

Segments Covered in the Report

By Product

• Polarized
• Non-polarized
• Hybrid

By Type

• Traditional/Analogue Dermatoscopes
• Digital Dermatoscopes 

By Light Source

• LED
• Halogen
• Xenon
• UV

By Modality

• Handheld
• Headband
• Trolley-mounted

By Application

• Skin Cancer
• Warts
• Scabies
• Others

By Geography

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East and Africa