Report Predicts Growth in Global Dermatology Diagnostic Devices Market 2015-2019

09/16/2015

A recently published report, Global Dermatology Diagnostic Devices Market 2015-2019, which was prepared based on an in-depth market analysis with inputs from industry experts, forecasts the global dermatology diagnostics devices market to grow at a CAGR of 9.1 percent over the period 2014-2019.

The following companies are the key players in the Global Dermatology Diagnostic Devices Market: Mela Sciences, Michelson Diagnostics, Heine Optotechnik and Welch Allyn

Other Prominent Vendors in the market are: Verisante Technology, Inc., Longport, Inc., FotoFinder Systems, Inc., Caliber Imaging & Diagnostic, Inc., SciBase AB and MedX Health Corp.

According to the report, efforts to educate dermatologists and patients are expected to contribute to the growth of global dermatology diagnostic devices market. The initiatives taken by both government and private entities include regular education and training for physicians, conducting public awareness programs, and increase funding for scientific and epidemiological research. There are more than 2,000 recognized skin disorders. The increasing awareness and the need for improvement in diagnostic accuracy have created a relatively new responsibility and interest among practitioners in the field of dermatology. Accurate diagnosis and effective treatment depends on proficiency of general practitioners and dermatologists. For example, according to an article published by the British Association of Dermatologists, a formal training session given to general practitioners in Italy increased the accuracy of melanoma diagnoses from 55 to 73 percent immediately after the training. Such educational programs focusing on improving detection rates and diagnostic accuracy will lead to a higher demand for non-invasive dermatology diagnostic devices during the forecast period, according to the report.

Further, the report states that self-diagnosing and self-medicating by patients for dermatological conditions are major factors hindering market growth.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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