Global Dermatoscopes Market to Reach $1.8 Billion by 2027
Amid the COVID-19 crisis, the global market for Dermatoscopes estimated at US$776.8 Million in the year 2020, is projected to reach a revised size of US$1.8 Billion by 2027, growing at a CAGR of 12.9% over the analysis period 2020-2027. Contact Dermatoscope, one of the segments analyzed in the report, is projected to record a 13.1% CAGR and reach US$1.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Contact Dermatoscope segment is readjusted to a revised 12.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $229.4 Million, While China is Forecast to Grow at 12.5% CAGR
The Dermatoscopes market in the U.S. is estimated at US$229.4 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$317.8 Million by the year 2027 trailing a CAGR of 12.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.5% and 11% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.4% CAGR.
Hybrid Dermatoscope Segment to Record 13.8% CAGR
In the global Hybrid Dermatoscope segment, USA, Canada, Japan, China and Europe will drive the 13.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$65.7 Million in the year 2020 will reach a projected size of US$160.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$216 Million by the year 2027.
Select Competitors (Total 46 Featured):
Amid the COVID-19 crisis, the global market for Dermatoscopes estimated at US$776.8 Million in the year 2020, is projected to reach a revised size of US$1.8 Billion by 2027, growing at a CAGR of 12.9% over the analysis period 2020-2027. Contact Dermatoscope, one of the segments analyzed in the report, is projected to record a 13.1% CAGR and reach US$1.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Contact Dermatoscope segment is readjusted to a revised 12.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $229.4 Million, While China is Forecast to Grow at 12.5% CAGR
The Dermatoscopes market in the U.S. is estimated at US$229.4 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$317.8 Million by the year 2027 trailing a CAGR of 12.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.5% and 11% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.4% CAGR.
Hybrid Dermatoscope Segment to Record 13.8% CAGR
In the global Hybrid Dermatoscope segment, USA, Canada, Japan, China and Europe will drive the 13.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$65.7 Million in the year 2020 will reach a projected size of US$160.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$216 Million by the year 2027.
Select Competitors (Total 46 Featured):
- 3Gen, Inc.
- Bio-Therapeutic Inc.
- Caliber Imaging & Diagnostics, Inc.
- Canfield Scientific, Inc.
- Firefly Global
- FotoFinder Systems, Inc.
- HEINE Optotechnik GmbH & Co. KG
- LLUCO
- Optilia Instruments AB
- Welch Allyn, Inc.
Frequently Asked Questions about the Global Market for Dermatoscopes
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I. METHODOLOGY
II. EXECUTIVE SUMMARY
III. MARKET ANALYSIS
IV. COMPETITION
II. EXECUTIVE SUMMARY
- Influencer Market Insights
- Impact of Covid-19 and a Looming Global Recession
III. MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 46
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