The medical skin markers global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Medical Skin Markers Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The medical skin markers market size has grown strongly in recent years. It will grow from $2.00 billion in 2023 to $2.11 billion in 2024 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to the expansion of dermatology clinics and centers, patient-centered care initiatives, public health initiatives promoting early detection, rising demand for non-invasive procedures, and demand for point-of-care testing devices.
The medical skin markers market size is expected to see strong growth in the next few years. It will grow to $2.62 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to the rising incidence of skin cancer and dermatological conditions, growing emphasis on early diagnosis, higher susceptibility to skin conditions among elderly populations, growing demand for cosmetic dermatology procedures, and consumer awareness and demand for skin health products. Major trends in the forecast period include technological advancements in dermatology, continuous development of advanced marking technologies, innovations in tattoo removal techniques, growth of regenerative techniques in dermatology, and advances in wound care management.
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Scope Of Medical Skin Markers Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Medical Skin Markers Market Overview
Market Drivers –
The rising demand for minimally invasive procedures is expected to propel the growth of the medical skin markers market going forward. Minimally invasive procedures refer to medical techniques that achieve treatment or diagnostic goals with minimal disruption to the body’s tissues, often resulting in faster recovery times and reduced risks compared to traditional surgery. The rising demand for minimally invasive procedures is due to several factors, such as advancements in technology, reduced recovery times, lower risk of infection, less post-operative pain, and shorter hospital stays compared to traditional surgeries. Minimally invasive procedures utilize medical skin markers to precisely identify entry points, anatomical landmarks, or treatment areas on the patient’s skin, ensuring accuracy and safety during procedures such as laparoscopy, catheterization, and endoscopy. For instance, in June 2024, the American Society of Plastic Surgeons (ASPS), a US-based professional society that represents plastic surgeons in the United States and Canada, released the 2023 ASPS Procedural Statistics, which showed a 5% rise in plastic surgeries and a 7% rise in minimally invasive procedures compared to the previous year. Therefore, the rising demand for minimally invasive procedures is driving the growth of the medical skin markers market.
Increasing Incidence Of Skin Diseases And Disorders Is Propelling The Growth Of Medical Skin Markers
The increasing incidence of skin diseases and disorders is expected to propel the growth of the medical skin markers market going forward. Skin diseases and disorders encompass a wide range of conditions affecting the skin, characterized by abnormalities in structure, function, or appearance. These can include infections, inflammations, autoimmune disorders, allergic reactions, and malignancies. The incidence of skin diseases and disorders is growing due to increasing environmental pollution, lifestyle changes, and greater exposure to harmful UV radiation. Medical skin markers are used to outline and mark specific areas on the skin for procedures, aiding in the treatment and management of skin diseases and disorders by providing precise and accurate localization. For instance, in July 2024, according to Cancer Australia, an Australian-based cancer control agency, Australia saw a significant increase in skin melanoma cases between 2019 and 2023, with numbers rising from 15,628 to 18,257. In 2019, males had 9,134 cases compared to 6,494 in females, while by 2023, these figures had increased to 10,639 cases in males and 7,618 in females. Therefore, the increasing incidence of skin diseases and disorders is driving the growth of the medical skin markers market.
The medical skin markers market covered in this report is segmented –
1) By Type: Marker Pen, Marker Fluid
2) By Application: Radiology, Surgery, Dermatology, Oncology, Plastic Surgery
3) By End User: Hospitals, Ambulatory Surgical Centers, Clinics, Diagnostic Centers
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Regional Insights –
North America was the largest region in the medical skin markers market in 2023. The regions covered in the medical skin markers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the medical skin markers market are Cardinal Health Inc., Ansell Limited, Koken Co Ltd, Aspen Surgical Products Inc, Xodus Medical Inc, Viscot Medical LLC, Viomedex, Medi Safe International, Suremark, PDC Healthcare, Naugramedical, Manzen Healthcare Private Limited, Batrik Medical, SafeOps Surgical Care Pvt.Ltd, Varay Laborix, PAC Healthcare & Surgicals, Collateral Medical Private Limited, Apothecaries Sundries Mfg. Co., Surgitech Innovation Pvt. Ltd., Bioflex Skin Marker
Table of Contents
1. Executive Summary
2. Medical Skin Markers Market Report Structure
3. Medical Skin Markers Market Trends And Strategies
4. Medical Skin Markers Market – Macro Economic Scenario
5. Medical Skin Markers Market Size And Growth
…..
27. Medical Skin Markers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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