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The European dermatology diagnostic devices market is considered as the second largest market, preceded by North America, and it is poised to grow at a CAGR of 8.7% from 2012 to 2018. With rapid advancements made in the field of dermatology, and increasing prevalence of skin disorders among the European population; it is quite evident that the dermatological diagnostic devices market is undergoing a significant progression.
The escalating demand of dermatological treatments is stimulated by the desire to gain a youthful appearance, which is completely free of ache, pimple, and blemishes, among people all over the world. These diagnostic devices are created to effectively identify and examine the skin condition of the affected patient. People opt for such dermatological treatments for either of the reasons, which is cosmetic procedure or skin disorder. Technological developments have resulted in the invention of less invasive and painless dermatological procedures. This has resulted in triggering the overall demand of the dermatology diagnostic devices market in Europe.
In the European regions, there is a growing incidence of people suffering from skin disorders, such as psoriasis, acne, scars, and skin cancer (melanoma and non-melanoma). These skin diseases have assisted in raising the overall need of dermatology diagnostic devices, namely, dermatoscopes, microscopes, and other highly complex imaging techniques, such as MRI, CT, and Optical Coherence Tomography (OCT) scanners. Therefore, the European region is expected to witness a significant rise in the growth of dermatology diagnostic devices market. Various other factors affecting the market demand are high competition among dermatology diagnostic device providers, rising dependence on imaging techniques as confirmatory diagnostic tests, and technological growth observed in the dermatological sector.
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