Mexican dermatology diagnostic devices market to exceed North American market in growth

 

According to a report published by ReportLinker, Mexico is likely to surpass the growth rate of North America as far as the dermatology diagnostic devices market is concerned. The report forecasts that the North American market will grow at a CAGR of 7.9% over 2014-2019, while the Mexican market will grow at a CAGR of 9.8% over the same period. The paramount aspects contributing to the growth of the market involve increase in the number of patients diagnosed with skin ailments, rising demand for more dermatologists, increasing insurance coverage, advancement in cognizance about dermatological disorders and technological advancements while insufficient awareness, competitive pricing, and lack of dermatology care are limiting the growth of this market.

 

 

 

Read the full article at PR Newswire