PUBLISHER: The Business Research Company | PRODUCT CODE: 1829325
PUBLISHER: The Business Research Company | PRODUCT CODE: 1829325
A dermatoscope is a portable visual tool utilized by doctors to inspect and identify skin lesions and illnesses, such as melanoma, using visible light, which can be sourced from incandescent or LED bulbs. It is a magnifying glass-such as instrument equipped with a magnifier and a light source, aiding in the examination of the skin, scalp, hair, and nails. Dermatoscopes reveal characteristics of the skin's outer layer that are not visible to the naked eye.
The main types of dermatoscopes are contact dermatoscope, hybrid dermatoscope, and non-contact dermatoscope. A contact dermatoscope is specifically designed for inspecting skin lesions that are in direct contact with the skin. Dermatoscopes utilize various technologies such as LED, xenon, halogen, and ultraviolet, and are available in handheld, trolley-mounted, and headband configurations. These devices find applications in examining skin tumors, scabies, warts, fungal infections, and other dermatological conditions, and are commonly used in hospitals and dermatology clinics.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The sharp increase in U.S. tariffs and resulting trade tensions in spring 2025 are significantly impacting the medical equipment sector, especially for imported components used in imaging machines, surgical-grade stainless steel, and disposable plastics. With hospitals and clinics pushing back against price increases, manufacturers are facing margin pressure. The situation is further complicated by regulatory challenges, as switching suppliers due to tariffs often necessitates re-certification of medical devices, leading to delays in market entry. In response, companies are mitigating risks by dual-sourcing key components, ramping up domestic production of standardized items, and accelerating research into more cost-effective materials.
The dermatoscopes market research report is one of a series of new reports from The Business Research Company that provides dermatoscopes market statistics, including dermatoscopes industry global market size, regional shares, competitors with a dermatoscopes market share, detailed dermatoscopes market segments, market trends and opportunities, and any further data you may need to thrive in the dermatoscopes industry. This dermatoscopes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The dermatoscopes market size has grown rapidly in recent years. It will grow from $1.35 billion in 2024 to $1.53 billion in 2025 at a compound annual growth rate (CAGR) of 13.3%. The growth in the historic period can be attributed to increasing demand for enhanced electrical safety, growth in industrial automation, expanding application areas, miniaturization of electronic devices, focus on power efficiency.
The dermatoscopes market size is expected to see rapid growth in the next few years. It will grow to $2.44 billion in 2029 at a compound annual growth rate (CAGR) of 12.3%. The growth in the forecast period can be attributed to rise in electric vehicle (ev) adoption, 5g network expansion, growing internet of things (iot) market, advancements in edge computing, demand for radiation-tolerant solutions. Major trends in the forecast period include medical device innovations, increased focus on cybersecurity, advancements in semiconductor technologies, growing demand for high-speed digital isolators, rising adoption of magnetic coupling technology.
The forecast of 12.3% growth over the next five years indicates a slight reduction of 0.1% from the previous estimate for this market.This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through tariffs on polarized light filters and high-magnification lenses, sourced from key regions such as China and Austria, which could lead to reduced skin cancer screening capabilities and higher equipment costs for dermatologists.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.
The increasing prevalence of skin cancer is projected to drive the growth of the dermatoscope market in the near future. Skin cancer refers to the abnormal growth of skin cells, typically resulting from damage to these cells, most commonly due to ultraviolet radiation from sunlight. A dermatoscope is utilized to magnify and illuminate the skin's surface, aiding in the visualization of skin lesions and helping to distinguish between benign and malignant (cancerous) lesions. For example, in 2022, SunSmart, an Australia-based not-for-profit health promotion agency dedicated to preventing skin cancer and promoting sun safety through education and community initiatives, reported that 2,885 individuals in Victoria were diagnosed with melanoma, resulting in 262 deaths. It is estimated that approximately 200 cases of melanoma and 34,000 cases of other skin cancers in Australia each year are attributed to work-related exposures. Thus, the increasing incidence of skin cancer is driving demand for dermatoscopes.
The rising incidence of fungal infections is anticipated to drive the growth of the dermatoscope market in the future. Fungal infections are medical conditions caused by the proliferation and invasion of fungi within the body. Dermatoscopes play a crucial role in the early detection and accurate diagnosis of skin conditions, enabling timely treatment and prevention of fungal infections. For instance, in December 2022, the National Center for Biotechnology Information, a U.S.-based government agency, reported that approximately 57,251,328 individuals out of the 1,393,400,000 people in India, or 4.1%, are estimated to suffer from severe fungal diseases. Consequently, the increasing prevalence of fungal infections is propelling the growth of the dermatoscope market.
Key players in the dermatoscope market are concentrating on developing innovative lenses, such as optional conversion lenses, while also ensuring reliable services for their customers. An optional conversion lens is an accessory that can be attached to a scope to enhance its focal length, enabling closer examination of subjects without the need for physical proximity. For example, in June 2023, DeepX, a South Korea-based company specializing in advanced teledermatology solutions, introduced the DermoSight. This device is approved for capturing images of skin lesions for teledermatology evaluations, similar to other digital dermatoscopes. Additionally, it is designed to integrate with an AI algorithm that employs proprietary optical transfer diagnosis (OTD) technology, although the FDA has yet to approve this technology for commercial application with DermoSight. OTD technology facilitates the analysis of lesions beneath the skin by evaluating their light-transmitting characteristics. The aim of this technology is to transform dermatoscopic assessments into a powerful, non-invasive, and user-friendly AI tool, thereby enhancing the speed and accuracy of skin cancer diagnoses.
In March 2024, FotoFinder Systems, a Germany-based company known for its advanced skin imaging technology, acquired DermLite for an undisclosed amount. This acquisition is aimed at enhancing dermatological diagnostics and research by expanding FotoFinder Systems' product offerings and fostering innovation in skin imaging technology. DermLite LLC, a US-based company, specializes in the development and manufacturing of advanced dermoscopy tools, including handheld dermatoscopes utilized by dermatologists and healthcare professionals.
Major companies operating in the dermatoscopes market report are Hitachi Ltd., Canon Inc., Nikon Corporation, Casio Computer Co. Ltd., Barco NV, Welch Allyn Inc., Nidek Co Ltd., Rudolf Riester GmbH, FotoFinder Systems GmbH, American Diagnostic Corporation, Firefly Global, Optomed Oy, Canfield Scientific Inc., DermLite LLC, Bio-therapeutic Inc., Derma Medical Systems, HEINE Optotechnik GmbH, DermoScan GmbH, Medisave UK Ltd., Dino-Lite Company, AMD Global Telemedicine Inc., KIRCHNER & WILHELM GmbH + Co. KG, MetaOptima Technology Inc., Pixience, Allied Biotech (Aust) Pty Ltd., Caliber Imaging & Diagnostics Inc., Dynamify GmbH, Optilia Medical, Illuco Corporation Ltd.
North America was the largest region in the dermatoscopes market in 2024. The regions covered in the dermatoscopes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the dermatoscope market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The dermatoscope market consists of the revenues earned by entities by providing services such as screening, capturing, processing, visualization, and analysis of skin lesions. The market value includes the value of related goods sold by the service provider or included within the service offering. The dermatoscope market also includes sales of oil immersion (non-polarized) and cross-polarized dermatoscopes. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Dermatoscopes Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on dermatoscopes market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for dermatoscopes ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The dermatoscopes market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.