Leading vendors are launching digital dermatoscopes and scanners to increase their sales
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the global dermatology diagnostic devices market in their latest research report. This report also lists 35 other prominent vendors who are expected to contribute to this market’s growth between 2016-2020.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated by the sales of different dermatology diagnostic devices for various diseases.
- Microscopes: High-power and oil-immersion microscope lenses are used for small structures, such as micro-organisms and leucocytes. It is also used for examining the areas of skin for identification of fungal or bacterial diseases.
- Immunoassays: These are used to extract protein biomarkers with minimally invasive for in-vitro analysis. It is also used for pain-free diagnosis of skin disorders.
This Technavio report, under in-vitro diagnostics vertical, is based on the synthesis, analysis, and interpretation of information about the global dermatology diagnostic devices market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
The competition in the dermatology diagnostic devices market is maintained by the established players in the business and is affected by equipment costs, access to devices, and accuracy of diagnoses. Companies are offering specialized dermatology diagnostic devices that include advanced imaging techniques like optical coherence tomography and dermatoscopes. The vendors are launching low-cost dermatology diagnostic and expanding their product portfolios to sustain the competition in the market. Many players are focusing on growing their network and distribution channels by promoting their products in different countries and approaching dermatologists in various region to increase their global footprint. The manufacturers are using different strategies to introduce their products and investing in the development of innovative diagnostics to increase their consumer base.
“Advances in genomics has helped vendors to introduce molecular diagnostics in the dermatology diagnostic devices market. Molecular testing is simplifying diagnostics, prognostication, and staging of a variety of skin diseases. The introduction of nucleic acid-based testing helps in the diagnosis of various diseases like inflammatory dermatoses, hematopoietic and cutaneous tumors, and skin infections. New approaches and advances in diagnostics and testing will help in the growth of the dermatology diagnostic devices market,” says Barath Palada, a lead analyst at Technavio for research on in-vitro diagnostics.
Top five vendors in the dermatology diagnostic devices market space
Abbott Diagnostics
The company provides in-vitro diagnostics and a wide range of instrument systems and tests for hospitals, reference labs, physician offices, blood banks, and clinics. It also develops a range of programs, technologies, and materials designed to be customized to the unique needs of laboratories. Recently, the company invested almost $7 million to construct a pharmaceutical center in Rio de Janeiro, Brazil.
Key products: ARCHITECT immunoassay analyser.
Michelson Diagnostics
Michelson diagnostics focus on multi-beam optical coherence tomography, and it offers products and services that are used in the diagnosis of skin cancer. The company’s key applications and products are focusing on non-melanoma skin cancer and actinic keratosis. Recently, the company launched its second-generation OCT scanner system at the German Society of Dermatology Congress 2015 in Berlin, Germany.
Key products: VivoSight.
Roche Diagnostics
The company is a subsidiary of F. Hoffmann-La Roche and provides in-vitro diagnostic products and services. Its products are used to test body tissues and fluids to obtain information about the diagnosis, prevention, and treatment of diseases. In recent times, the company entered into a global distribution agreement with Sigma-Aldrich.
Key products: Magna lyser and Magna pure.
STRATA Skin Sciences
STRATA Skin Sciences designs and develops novel software-driven technology for the early diagnosis of skin cancer. The company is focusing on marketing their flagship product and are constantly upgrading its design and technology. Recently, the company announced study results demonstrating improved diagnostic accuracy for resident dermatologists when utilizing MelaFind predictive probability information.
Key products: MelaFind.
Welch Allyn
The company is based out of US and develops solutions that diagnose, assess, treat, and manage illnesses and diseases. It also offers electronic and connected product categories like diagnostic cardiology, continuous patient monitoring, and automated vital signs capture. In recent times, the company partnered with the Ohio State University College of Nursing to help improve patient care.
Key products: Episcope
Other prominent vendors in this market include AGFA Healthcare, Bayer AG, Bio-Therapeutic, Bomtech, Caliber Imaging & Diagnostics, CANFIELD Imaging systems, Carl Zeiss, DermaSpectra, Dermlite, Dermsa, Dino-Lite, Firefly, FotoFinder Systems, KaWe Germany, Keyence Microscope, Longport, Medisun, MedX Health, Olympus Corp, Opticlar, OptikaMicroscope, OptOmed, Philips, Pixience, Quanticare, Rudolf Riester, SciBase, SciBase Holding, Siemens, Verisante Technology, and ViseoMed.
A more detailed analysis is available in the Technavio report, Global Dermatology Diagnostic Devices Market 2016-2020. Technavio also customizes reports by other regions and specific segments upon request.
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