The global Dermatoscope Market Growth Accelerated by Rising Prevalence of Skin Diseases

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A dermatoscope is a handheld medical device that helps in the early detection of many skin conditions. It is used to examine skin lesions, moles, growths, and other skin abnormalities. It aids in various diagnostic procedures and treatments and has advantages over the conventional wood's lamp or naked-eye examinations. The increasing prevalence of skin cancer and other skin diseases is driving the demand for dermatoscopes to enable accurate diagnosis.

The global Dermatoscope Market is estimated to be valued at US$ 951.1 Mn in 2023 and is expected to exhibit a CAGR of 9.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The rising prevalence of skin cancer and other skin diseases is one of the major trends fueling the growth of the dermatoscope market. Skin cancer is the most common form of cancer. According to the American Academy of Dermatology, over 9,500 Americans are diagnosed with skin cancer every day. Moreover, around 90% of non-melanoma skin cancers are associated with exposure to ultraviolet (UV) radiation from the sun. The increasing incidence of skin cancer and other skin conditions is driving the demand for early and accurate diagnosis using dermatoscopes. This is positively impacting the sales of dermatoscopes and supporting the market growth. Technological advancements in dermatoscope devices with features such as enhanced magnification, illumination, and image documentation capabilities are also fueling their rising adoption in dermatology practices.


Segment Analysis
The global dermatoscope market size is dominated by the hand-held dermatoscopes sub-segment, which held around 60% market share in 2023. Hand-held dermatoscopes are portable and easy to use for skin examinations. They provide convenient inspection of moles and other skin lesions.

Key Takeaways

The global Dermatoscope Market is estimated to be valued at US$ 951.1 Mn in 2023 and is expected to exhibit a CAGR of 9.0% over the forecast period 2023 to 2030.

Regional analysis: The dermatoscope market in North America currently holds the largest share and is expected to continue dominating the market during the forecast period. Rising awareness about early diagnosis of skin diseases and strong healthcare infrastructure are supporting market growth in the region. Asia Pacific is anticipated to witness the fastest growth owing to growing healthcare expenditures and increasing incidence of skin cancer in major countries like China and India.

Key players: Key players operating in the dermatoscope market are Anhui Fortune Fashion Culture Co. Ltd., Henan Ruimei Hair Products Co. Ltd., Qingdao Urjoy wigs co.Ltd., Shake-N-Go Fashion, Inc. Yuzhou Shenlong Hair Products Co. Ltd., and Xuchang Dadi Industries Co. Ltd. These companies are focusing on new product launches and geographical expansion to strengthen their global presence. For instance, in 2022, Anhui Fortune Fashion Culture Co. Ltd. launched its dermatoscope with additional LED light and zoom lens for clear detection of skin lesions.

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