APAC Dermatology Diagnostics Market Analysis


  • Type: Therapeutics Area
  • Published : January 2022
  • Region: APAC
  • Country: Other
  • Report ID : 5009

  • Format: PPT, PDF

APAC Dermatology Diagnostics Market Analysis: Segmented by Type, Application, Dermatoscopes, Country- Growth, Market Size, Future Prospects & Competitive Analysis, 2020 – 2028

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Report Description of the APAC Dermatology Diagnostics Market Analysis

Research Scope and Assumption

  • The report provides the market value for the base year 2020 and a yearly forecast up to 2028 in terms of revenue (USD billion)
  • The key industry dynamics, regulatory scenario, reimbursement scenario, major market trends, and drug markets are evaluated to understand their impacts on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis
  • We have used the combination of top-down and bottom-up approach for market sizing, analyzing key regional markets, dynamics, and trends for various solutions, services, and end uses
  • All market estimates and forecasts have been validated through primary interviews with the Key Industry Players (KIPs) and secondary analysis
  • Inflation has not been accounted for in order to estimate and forecast the market
  • Numbers may not add up due to rounding off

Reason to buy the report:

  • Facilitate decision-making based on strong current and forecast data for APAC Dermatology Diagnostics Market Analysis
  • Develop strategies based on the latest regulatory framework
  • Strategically analyze micro-markets with respect to individual growth trends, future prospects, and their contribution to the market
  • Analyze competitive developments such as expansions, investments, mergers & acquisitions, new product developments, and research & developments in the APAC Dermatology Diagnostics Market Analysis
  • Analyze the opportunities in the market for stakeholders and draw a competitive landscape for market leaders
  • To strategically profile key players and comprehensively analyze their market shares and core competencies
  • We have technically sound team which do a deep dive research and also provide strategy based consulting analysis

APAC Dermatology Diagnostics Market Analysis Executive Summary

Dermatology is a medical field that deals with the diagnosis, prevention, and treatment of various skin, nail, and hair-related diseases such as pigmentation, acne, wrinkles, and psoriasis. Dermatological agents, also referred to as dermatologic, are products that are applied topically to the skin. Such drugs are used for the diagnosis of skin diseases and are often used to avoid certain skin disorders. In fact, dermatological are used to protect one’s skin for daily skin care. Dermatology drugs are classified into corticosteroids, antifungal drugs, immunosuppressive drugs, monoclonal antibodies, retinoids, antibiotics agent, antiviral agents, and antihistamines agents among others. Dermatology drugs can be administered orally, topically and parenteral. Dermatology drugs can cause various side-effects including neuropsychiatric disorders, facial nerve palsy, headache, dizziness, lethargy, weakness, transient sensory, motor peripheral neuropathies, demyelinating, and autoimmune disorders among others.

Market Size and Key Findings

The APAC Dermatology Diagnostics Market Analysis size stood at around USD 5.28 billion in 2020 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of 7.8% during the forecast period.

The Asia-Pacific dermatology diagnostic devices market is expected to grow in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 7.8% in the above-mentioned forecast period.

Market Dynamics

Market Growth Drivers Analysis

Technological advancements in the field of dermatology will boost dermatology diagnostic devices market size in the upcoming years. These technological advancements ought to be advantageous to manufacturers to maintain their position into market. Development of diagnostic devices to manage malignant skin cancer, squamous cell carcinoma among others will further lead to adoption of dermatology diagnostic devices. Similarly, emergence of digitalization in dermatology diagnostic devices will lead to increase in adoption rate of such devices, thereby driving the market growth. Thus, continuous advancements in dermatology devices will offer rapid growth potential to dermatology diagnostic devices business.

Market Restraints

Increasing prevalence of skin cancer will pose to be a major factor highly impacting dermatology diagnostic devices market growth. Skin cancer occur due to exposure towards ultraviolet radiation. As per the American Academy of Dermatology it was estimated that, about 1.9 million people were suffering from melanoma in 2019. Also, according to the Skin Cancer Foundation estimates, new cases of melanoma will increase by 2% in 2020. Additionally, rising need for rapid diagnoses of skin cancer and other related skin disorders will subsequently drive the demand for dermatology devices over the coming years.

Competitive Landscape

Key Players

Alma Lasers, 3Gen, Inc., Caliber I.D. Inc., Michelson Diagnostics Limited and STRATA Skin Sciences are some of the major market players in the global dermatology diagnostic devices industry. These players are undertaking product launches and acquisitions to strengthen their business. For instance, in May 2018, Caliber I.D. Inc. announced the launch of confocal imaging device, VIVASCOPE 1500, for capturing non-invasive digital images of cellular structures. The company aimed to provide the best possible support to the clinicians and dermatologists with this new product launch, thereby strengthening its product portfolio

Products in Pipeline

In May 2018, Caliber I.D. Inc. announced the launch of confocal imaging device, VIVASCOPE 1500, for capturing non-invasive digital images of cellular structures. The company aimed to provide the best possible support to the clinicians and dermatologists with this new product launch, thereby strengthening its product portfolio.

Notable Recent Deals

  • Asia-Pacific dermatology diagnostic devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for Asia-Pacific dermatology diagnostic devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the Asia-Pacific dermatology diagnostic devices market. The data is available for historic period 2010 to 2019.

Healthcare Policies and Regulatory Landscape

Policy changes and Reimbursement scenario

DBMR team offers customization of Dermatology Diagnostic Devices Market report according to the business needs. Contact sales team, who will guarantee to get a report that suits the necessities. The Market analysis and competitor analysis helps the firm in determining the range in terms of sizes, colors, designs, and prices, etc. within which its products are to be offered to the consumers. Dermatology Diagnostic Devices Market survey report offers strategic and tactical support to clients for making well-informed business decisions. It is an organized method to bring together and document information about the Healthcare industry, Market, or potential customers.

1. Report Description of the APAC Dermatology Diagnostics Market Analysis
1.1 Research Scope and Assumption
1.2 Objective of the study
1.3 Research Methodology
1.4 Reason to buy the report
2. APAC Dermatology Diagnostics Market Analysis Executive Summary
2.1 APAC Dermatology Diagnostics Market Analysis – Industry Snapshot & key buying criteria, 2020-2028
2.2 Market Size, Growth Prospects and Key findings
3. Market Dynamics of APAC Dermatology Diagnostics Market Analysis
3.1 Market Growth Drivers Analysis
3.1.1 Technological advancements
3.1.2 Emergence of digitalization
3.2 Market Restraints Analysis
3.2.1 Increasing prevalence of skin cancer
3.2.2 Exposure towards ultraviolet radiation
3.3 Covid-19 Market Impact Analysis
4. APAC Dermatology Diagnostics Market Segmentation
4.1 By Type:
4.1.1 Dermatoscopes
4.1.2 Microscopes
4.1.3 Imagine Devices
4.2 By Application:
4.2.1 Skin Cancer Diagnosis
4.2.2 Other Diagnostic Application
4.3 By Dermatoscopes:
4.3.1 Contact oil Immersion Dermatoscopes
4.3.2 Cross-Polarized Dermatoscopes
4.3.3 Hybrid Dermatoscopes
4.4 By Country:
4.4.1 India
4.4.2 China
4.4.3 Japan
4.4.4 South Korea
4.4.5 Australia
4.4.6 Rest of APAC
5. APAC Dermatology Diagnostics Market Share
5.1 Market Analysis, Insights and Forecast – By Revenue
6. Competitive Landscape
6.1 Major Top Market Players
6.2 Products in Pipeline
6.3 R&D Initiatives in Dermatology Diagnostics Market
6.4 Notable recent deals in Dermatology Diagnostics Market
6.4.1 Joint Ventures
6.4.2 Partnerships
6.4.3 Mergers & Acquisitions
6.4.4 Strategic divestments
7. Key Company Profiles
7.1 Alma Lasers Ltd. Company overview
Product & Services, Strategies & Financials
7.2 Cutera Inc. Company overview
Product & Services, Strategies & Financials
7.3 Cynosure Inc. Company overview
Product & Services, Strategies & Financials
7.4 Lumenis Ltd. Company overview
Product & Services, Strategies & Financials
7.5 3 Gen Inc. Company overview
Product & Services, Strategies & Financials
7.6 Carl Zeiss Company overview
Product & Services, Strategies & Financials
7.7 Genesis Biosystems, Inc. Company overview
Product & Services, Strategies & Financials
8. Healthcare Policies and Regulatory Landscape
8.1 Policy changes and Reimbursement scenario
8.2 Government Initiatives / Intervention programs
9. Factors Driving Future Growth
9.1 New Trends and Development of Dermatology Diagnostics market
9.2 Future Opportunities
10. Strategic Recommendations

APAC Dermatology Diagnostics Market Analysis Segmentation

By Type:

On the basis of product type, the market is segmented into dermatoscopes, microscopes, biopsy devices, and others. Among these, dermatoscopes segment will witness substantial growth during the forecast years. Dermatoscopes are used for detection of melanoma, access skin tumors, skin pigmentation and others. Furthermore, advancements in dermatoscopes will further augment the segmental growth over the forthcoming period.

By Application:

Based on application, the market is bifurcated into skin cancer, dermatitis, psoriasis, cellulitis and others. Skin cancer segment will witness rapid growth owing to rising prevalence of squamous cell carcinoma, basal cell carcinoma and melanoma across the globe. It is one of the leading disorders and people exposed to sunburns, weakened immune system and history of skin cancer have more chances of developing cancer.

By Dermatoscopes:

The dermatology diagnostic device market is segmented on the basis of diagnostic devices, their application and end users. Based on the diagnostic device, the market is segmented into dermatoscopes, imaging devices, and microscopes. Further on the basis of application the market is classified into skin cancer, lesion and others. Similarly on the basis of end users the market is again classified into hospitals, research labs and centers, institutions and others.

By Country:

Asia Pacific dermatology diagnostic devices market is anticipated to show momentous growth potential during the forecast years. Rise in technological advancements in countries including China and India will impact the demand for dermatology diagnostic devices. Additionally, rising awareness about skin disorders and treatment alternatives will further drive the market demand.

Research Methodology

Insights10 will provide you reports within 10 key parameters which are:

  1. Market overview
  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision making for business stakeholders. Our focused approach to develop reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

Our analysis methodology involves three critical stages:

Stage I: Market Data Collection

Primary Interviews: We have developed a network of experts, freelancers and researchers across countries through which we engage with local experts to gather key data points and assumptions around each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.

Secondary Data Collection: We have developed strong expertise and experience in secondary data collection methods for developing unique data sets and research material. We gather data from multiple reliable sources to maintain the high level of accuracy and consistency. The market data is analysed and forecasted using appropriate statistical and coherent models. The report offers an overall analysis of the market size, growth, market share as well as segment-level analysis of the specific market. Our report includes precise, to the point information related to the overall market, competition, growth drivers, challenges, regulatory updates, and competition.

Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:

  • Statistical Databases
  • Company Websites/Annual Reports
  • Trade Publications
  • Online Databases
  • Published Research Reports
  • Whitepapers
  • Press Releases of Key Market Players

Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameter and micro indicators. The macro parameters includes changes in government policies, demand and supply of the market, government intervention programs and major market share. The micro indicators GDP growth, market size, market volume etc. We also understand nuances specific to each country like US, Canada, India, Germany, etc. and have worked across 60+ countries and hence no only understand global trends, but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. start with large overall market and segment different areas and bottom-up approach i.e. start with population and epidemiology and roll up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach mainly used for new product forecasting and bottom-up approach is used for demand estimation of any product for different countries summed up to form total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases and the company level averages etc.

We make sure to finalize the numbers in alignment to the market research. Firstly, our internal experts ensure thorough validation and checking to ensure the accurate and precise analysis and then validation is also done using multiple data analysis model.  Two level validation is done and entails finalization of report scope and to way of representation pattern.

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analysed and synthesized. A second series of interviews are done if necessary to check and validate. The future opportunities are analysed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results are then, interpreted by considering following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue / volume
  • Analyzing current needs and determining penetration to estimate market

Insights: Our reports deliver actionable insights backed with supporting facts and figures to assist you in achieving exemplary growth. Our in-depth analyses are interspersed with relevant insights and statistics to offer an executive-level view of a given market. The description helps in correlating many minor factors affecting the market and its impact to the different segments within the market.
Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumptions.
The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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