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The market is fragmented with the presence of considerable number of established and new entrants. The market is characterized by a multitude of medical devices manufacturers offering products targeting diverse aspects of dermatology imaging. Also, the manufacturers are emphasizing towards integrating advanced and innovative technologies and software’s using artificial intelligence and machine learning. This dynamic landscape fosters intense competition, compelling companies to differentiate themselves through product innovation, branding, and marketing strategies to meet the rising demand for dermatology imaging devices.
Prominent players operating in the market are as mentioned below:
The skin cancer segment garnered 48.8% industry share in 2023, attributed to rising occurrence of skin cancers, heightened emphasis on early detection and diagnosis of skin cancers, and the upsurge in global skin cancer screening initiatives.
Dermatology imaging industry size recorded USD 2.3 billion in 2023 and will grow at a 12.7% CAGR between 2024 and 2032, owing to ongoing advancements in dermatology imaging technologies, and the rising prevalence of skin cancer globally.
North America dermatology imaging market will register USD 2.5 billion by 2032, driven by rising healthcare infrastructure, widespread awareness about early diagnosis of skin-related concerns, and an increasing prevalence of skin cancer.
Major dermatology imaging firms are Fotofinder Systems GmbH, Cortex Technology, Draminski S.A., GE Healthcare Technologies, Inc., VisualSonics, Clarius, Koninklijke Philips N.V., Michelson Diagnostics Ltd., Caliber Imaging and Diagnosis, DermLite, DermaSensor, Inc. among others.