Incidence of skin diseases such as psoriasis, melanoma, and dermatophytosis is increasing at a rapid rate. They can be more severe if not detected or diagnosed early. These diseases can spread through infection from one individual to another. For early diagnosis of these diseases, skin analysis systems are used. These systems generally include imaging, pigmentation, and other analysis tools. Various factors such as increased pollution levels, changed lifestyle, and exposure to environment and variables such as UV rays are affecting the skin health of people across the world negatively. . In order to regularly check the skin health; diagnose various skin diseases and disorders; and take preventive measures, skin analysis is carried out.

Rise in the prevalence of skin diseases and increased concerns among people about their youthfulness are some of the key factors driving the global skin analysis systems market. For instance, as per the U.S. Department of Health and Human Services, more than 3.5 million people are diagnosed with skin cancer in the U.S. every year. According to the WHO, around 3.1% adult population in the U.S. was suffering from psoriasis in 2009–10. Increased exposure of the skin to factors such as UV rays and chemicals, rise in pollution levels, stressful lifestyle, and increased awareness among people about skin health are other factors fueling the global skin analysis systems market. However, stringent regulations regarding product approval and increase in the demand for inexpensive products by consumers are restraining the global skin analysis systems market.

The global skin analysis systems market can be segmented based on product type, application, and region. In terms of product type, the global skin analysis systems market can be divided into skin elasticity, skin pigmentation, skin imaging, and skin condition. The skin pigmentation segment dominates the global market and is expected to maintain its position during the forecast period, owing to detailed analysis of the skin, quick diagnosis, and brilliant image quality offered by skin pigmentation devices. The skin imaging segment is expected to expand at a significant CAGR during the forecast period, due to multiple applications of skin imaging in detecting various skin conditions and disorders. Based on application, the global skin analysis systems market can be classified into hospitals, dermatology clinics, and others. The hospitals segment is dominant and is likely to continue its dominance during the forecast period, owing to availability of multiple skin imaging options and devices in hospitals. The dermatology clinics segment is expected to expand at a high CAGR during the forecast period, due to dermatology clinics offer customized services at an affordable price.

In terms of region, the global skin analysis systems market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among regions, North America is dominant and is expected to lead the global market during the forecast period also. Rise in the prevalence of skin diseases led by increasing geriatric population and highly advanced and developed health care infrastructure in the region are major factors driving the skin analysis systems market in North America. The market in Asia Pacific is expected to expand at a high CAGR in the next few years, due to increase in awareness regarding skin care and rise in the health care expenditure.

The global skin analysis systems market is highly fragmented, due to presence of a large number of companies in the market. Key players operating in the global market are Bio-Therapeutic Inc., Callegari Srl, Visiomed Group SA, Canfield Scientific, Inc., Davi & Cia, DJM Medical Instrument GmbH, BOMTECH ELECTRONICS CO., Ltd., DermoScan GmbH, CYNOSURE, and Cortex Technology.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Skin Analysis Systems Market

Pre Book