Teledermatology Market By Type (Products, Services), By Modality (Store-and-forward (Asynchronous), Real-time (Synchronous)), By End User (Healthcare units, Homecare): Global Opportunity Analysis and Industry Forecast, 2023-2032
The Teledermatology Market was valued for $9,476.78 million in 2022 and is estimated to reach $38,855.01 million by 2032, exhibiting a CAGR of 15.2% from 2023 to 2032. Teledermatology is a subspecialty of dermatology and among the most popular applications of e-health and telemedicine. In this field, tele-communication technologies are being used to transfer medical information over varying distances through audio, visual, and data communication. Applications of teledermatology span different areas of healthcare management, such as consultation, diagnosis, treatment, and even education.
Major factors that drive the growth of the global teledermatology market include increase in demand for remote healthcare services, advancements in remote healthcare services, improved diagnosis and treatment outcomes, and increased patient convenience and satisfaction offered by tele dermatology services. For instance, in September 2022, MCI Onehealth Technologies Inc. (MCI) and Oro Health, combined with artificial intelligence-based solutions for medical specialists, announced the launch of the collaboratively developed MCI Dermatology Connect. The launch of MCI Dermatology Connect helps meet the needs of Ontarians currently waiting for a consultation on minor dermatological conditions, lessen wait times, and increase Ontarians’ access to dermatologists regardless of geographic constraints.
Furthermore, surge in demand for dermatological services due to increase in ageing population, rise in prevalence of skin disorders, and surge in awareness about the importance of skin health boost the growth of the teledermatology market. In addition, rise in number of smartphone users and increase in penetration of the internet across the globe boost the adoption of the teledermatology platforms, thus propelling the market growth.
However, slow internet performance due to lack of suitable network among emerging nations such as Afghanistan, Bangladesh, and Africa restrain the growth of the teledermatology market. On the contrary, dearth of skilled dermatologists and surge in patients' preference to convenience and privacy offered by teledermatology consultations are expected to offer remunerative opportunities for the expansion of the global teledermatology market in the future.
The global teledermatology market is segmented into type, modality, end user, and region. On the basis of type, the market is segmented into products and services, on the basis of service type the market is further sub-classified into teleconsultation, telemonitoring, and tele-education. Depending on modality, it is segregated into store-and-forward (asynchronous) and real-time (synchronous). Depending on end user, it is bifurcated into healthcare units and homecare. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
The major players profiled in the report are Teladoc Health, Inc., 3Derm Systems Inc., Ksyos Telemedical Centre, Medweb, Advanced TeleMed Services, Eagle Tele Medicine, Vesta Teleradiology, DermUtopia, Mandel Dermatology, and Miiskin. The major players in the market have adopted product launch, collaboration, innovation, and business expansion as key developmental strategies to improve the product portfolio of the teledermatology market.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the teledermatology market analysis from 2022 to 2032 to identify the prevailing teledermatology market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the teledermatology market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global teledermatology market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy TypeProducts
Services
Service type
Teleconsultation
Telemonitoring
Tele-education
By ModalityStore-and-forward (Asynchronous)
Real-time (Synchronous)
By End UserHealthcare units
Homecare
By RegionNorth America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
Australia
India
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
3Derm Systems
Advanced TeleMed Services
Derm Utopia
Eagle Tele Medicine
ksyos telemedical centre
Mandel Dermatology
medweb
Miiskin
Teladoc Health, Inc.
Vesta Teleradiology
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