Fitness Trends Dermatology Diagnostic Devices and Therapeutics Ma

Dermatology Diagnostic Devices and Therapeutics
Market Trends, Outlook, and Opportunity Analysis,
2018-2026
Dermatology is the branch of science, which deals with skin and its appendages such as nails,
hairs, sweet glands, and among others. Primary skin care and skin hygiene is the major concern
of urbanization. Polluted environment leads to number of skin allergies and trigger various
chronic diseases such as skin cancer. According to a study by Clinical Dermatology, in 2013,
approximately 25% of the population suffers from skin ailments globally, out of which 15% of
the population consult general physician with skin problem, wherein 1.2% refer to the
dermatologist while rest are left unattended. It has also been stated that skin conditions are the
fourth leading cause of nonfatal disease burden. Dermatology diagnostic devices and
therapeutics market is the most dynamic and competitive market and is projected to retain
same in the near future.
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Rising prevalence of skin ailments and its impact is fueling the market growth
Dermatology diagnostic devices and therapeutic market is expected to increase, due to high
prevalence of skin problem such as fungal infections, scabies, acne, psoriasis, and atopic
eczema. According to a study by Global Burden of Disease (GBD), in 2010, fungal skin disease,
subcutaneous disease, and acne are ranked among the top ten most prevalent diseases
worldwide. The trajectory of the market depends on the rise of pollutants in the environment,
drug patent expiry, over use of cosmetics, prevalence of chronic diseases, and increasing pool of
children affected with skin ailments. Rising awareness about skin ailments and its treatment is a
key factor augmenting the dermatology diagnostic device and therapeutic market growth. New
and improved dermatology diagnostics products, for instance, in 2016 Sun Pharmaceutical
Industries Ltd launched Suncros, a highly efficient product for all skin ailments, contributed
largely towards the market growth.