Challenges affecting the growth of the global dermatology endoscopy devices market

The global dermatology endoscopy devices market is expected to grow at a CAGR of 8.93% during the forecast period. Major challenges hindering the growth of the global dermatology endoscopy devices market include presence of substitutes, lack of physicians in some countries, and product limitations.

Although the global dermatology endoscopy devices market is growing, product limitations hinder the growth of the market. For instance, some lesions are difficult to diagnose with dermatology endoscopy devices. It is difficult for physicians to diagnose whether some moles are benign or malignant in nature only through the use of dermatology devices.

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In addition, dermatology endoscopes have limited magnification capability, which limits their use. Substitutes such as microscopes and full-body imaging systems provide higher magnification capability than dermatology endoscopes. Moreover, proper training is required for the appropriate use of dermatology endoscopy devices. Hence, the demand for dermatology endoscopy devices may be hindered, thereby affecting market growth. However, despite the challenges, the global dermatology endoscopy devices market is expected to grow in an accelerating momentum during the forecast period.