Teledermatology Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Teledermatology Market
The teledermatology market size was valued at USD 8.06 billion in 2022, and the market is now projected to grow from USD 8.65 billion in 2023 to USD 24.88 billion by 2030, exhibiting a CAGR of 46.02% during the forecast period of 2023-2030.
Telemedicine is increasingly mostly during COVID-19 when people were forced to stay home and keep social distance. This change reduced face-to-face consults but expanded the demand for the teledermatology market growth and services. Examining the financial year 2020 data disclosed by all the major players the market has experienced growth in total revenues.
One of the driving forces that continue to contribute to the expansion of the telehealth market is particularly the growth of the rate at which citizens and doctors consume this solution. For instance, One Touch Telehealth released Version 5. It rose in November 2020 to meet the demand for video telehealth during the pandemic. This enhances telehealth workflows' operational efficiency, supporting teledermatology market share.
Additionally, the incorporation of artificial intelligence is a key trend driving market growth. The development of IT in the healthcare sector continues to move forward in the areas of telemedicine services and applications such as AI for medical consultation and melanoma lesion image analysis. The two drivers include deep learning technologies for more advanced market development in the next decade because of the incorporation of next-generation smartphones integrated with AI views.
Comprehensive Analysis of Teledermatology Market
The teledermatology market is rapidly expanding due to effective market segmentation, offering detailed assessments of key supply and demand forces in the healthcare industry. This growth is systematically categorized by types, modality, and end-users. The types include, Products and Services {Teleconsultation, Telemonitoring, Tele-education, and Others}. The modality include, Store-and-forward (Asynchronous), Real-time (Synchronous), and Others. The end users include, Healthcare Facilities and Homecare.
The North American market reached USD 3.71 billion in 2022, driven by major players such as DermatologistsOnCall and MDLive. Strong government support and a rise in teleconsultations are anticipated to propel market growth in the region.
Leading market players are pivotal in driving growth and setting standards in the healthcare industry, ensuring a competitive and balanced market landscape. These players include, 3Gen (U.S.), Ksyos (Netherlands), MetaOptima (Canada), 3Derm (U.S.), VigNet Inc.(U.S.), Maple (Canada), MDLIVE Inc. (U.S.), CureSkin (India), Ping an Good Doctor (China) and FirstDerm (U.S.).
In October 2022, Combinator introduced Northwind, a teledermatology service for psoriasis and eczema.
Segmentation Table
GlobalTeledermatologyMarket Scope
Study Period 2019-2030
Base Year 2022
Forecast Period 2023-2030
Growth Rate CAGR of 46.02% from 2023-2030
Historical Period 2019-2021
Unit Value (USD Billion)
Segmentation By Type, Modality, End-user, and Region
By Type Products
Services
- Teleconsultation
- Telemonitoring
- Tele-education
- Others
By Modality Store-and-forward (Asynchronous)
Real-time (Synchronous)
Others
By End-user Healthcare Facilities
Homecare
By Region North America (By Type, By Modality, By End-user, and By Country)
- U.S. (By Modality)
- Canada (By Modality)
Europe (By Type, By Modality, By End-user, and By Country/Sub-Region)
- U.K. (By Modality)
- Germany (By Modality)
- France (By Modality)
- Italy (By Modality)
- Spain (By Modality)
- Scandinavia (By Modality)
- Rest of Europe (By Modality)
Asia Pacific (By Type, By Modality, By End-user, and By Country/Sub-Region)
- China (By Modality)
- Japan (By Modality)
- India (By Modality)
- South East Asia (By Modality)
- Australia (By Modality)
- Rest of Asia Pacific (By Modality)
Rest of the World (By Type, By Modality, By End-user, and By Country/Sub-Region)
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- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Market Trends
- 4. Key Insights
- 4.1. Proportion of Healthcare Professionals using Telemedicine, 2022
- 4.2. Overview of Teledermatology Services
- 4.3. Overview of Teledermatology Policies & Pilot Programs, By Key Countries
- 4.4. Reimbursement and Legal Aspect Overview
- 4.5. New Product Launches, By Key Players
- 4.6. Technological Advancements in Teledermatology Market
- 4.7. Startups with their Funding Overview
- 4.8. Key industry Developments - Mergers, Acquisitions and Partnerships
- 4.9. Impact of COVID-19 on the Market
- 5. Global Teledermatology Market Analysis, Insights and Forecast, 2019-2030
- 5.1. Market Analysis, Insights and Forecast – By Type
- 5.1.1. Products
- 5.1.2. Services
- 5.1.2.1. Teleconsultation
- 5.1.2.2. Telemonitoring
- 5.1.2.3. Tele-education
- 5.1.2.4. Others
- 5.2. Market Analysis, Insights and Forecast – By Modality
- 5.2.1. Store-and-forward (Asynchronous)
- 5.2.2. Real-time (Synchronous)
- 5.2.3. Others
- 5.3. Market Analysis, Insights and Forecast – By End User
- 5.3.1. Healthcare Facilities
- 5.3.2. Homecare
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America
- 5.4.5. Middle East & Africa
- 6. North America Teledermatology Market Analysis, Insights and Forecast, 2019-2030
- 6.1. Market Analysis, Insights and Forecast – By Type
- 6.1.1. Products
- 6.1.2. Services
- 6.1.2.1. Teleconsultation
- 6.1.2.2. Telemonitoring
- 6.1.2.3. Tele-education
- 6.1.2.4. Others
- 6.2. Market Analysis, Insights and Forecast – By Modality
- 6.2.1. Store-and-forward (Asynchronous)
- 6.2.2. Real-time (Synchronous)
- 6.2.3. Others
- 6.3. Market Analysis, Insights and Forecast – By End User
- 6.3.1. Healthcare Facilities
- 6.3.2. Homecare
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
- 7. Europe Teledermatology Market Analysis, Insights and Forecast, 2019-2030
- 7.1. Market Analysis, Insights and Forecast – By Type
- 7.1.1. Products
- 7.1.2. Services
- 7.1.2.1. Teleconsultation
- 7.1.2.2. Telemonitoring
- 7.1.2.3. Tele-education
- 7.1.2.4. Others
- 7.2. Market Analysis, Insights and Forecast – By Modality
- 7.2.1. Store-and-forward (Asynchronous)
- 7.2.2. Real-time (Synchronous)
- 7.2.3. Others
- 7.3. Market Analysis, Insights and Forecast – By End User
- 7.3.1. Healthcare Facilities
- 7.3.2. Homecare
- 7.4. Market Analysis, Insights and Forecast – By Country/ Sub-Region
- 7.4.1. Germany
- 7.4.2. U.K.
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Scandinavia
- 7.4.7. Rest of Europe
- 8. Asia Pacific Teledermatology Market Analysis, Insights and Forecast, 2019-2030
- 8.1. Market Analysis, Insights and Forecast – By Type
- 8.1.1. Products
- 8.1.2. Services
- 8.1.2.1. Teleconsultation
- 8.1.2.2. Telemonitoring
- 8.1.2.3. Tele-education
- 8.1.2.4. Others
- 8.2. Market Analysis, Insights and Forecast – By Modality
- 8.2.1. Store-and-forward (Asynchronous)
- 8.2.2. Real-time (Synchronous)
- 8.2.3. Others
- 8.3. Market Analysis, Insights and Forecast – By End User
- 8.3.1. Healthcare Facilities
- 8.3.2. Homecare
- 8.4. Market Analysis, Insights and Forecast – By Country/ Sub-Region
- 8.4.1. China
- 8.4.2. Japan
- 8.4.3. India
- 8.4.4. Australia
- 8.4.5. Southeast Asia
- 8.4.6. Rest of Asia Pacific
- 9. Latin America Teledermatology Market Analysis, Insights and Forecast, 2019-2030
- 9.1. Market Analysis, Insights and Forecast – By Type
- 9.1.1. Products
- 9.1.2. Services
- 9.1.2.1. Teleconsultation
- 9.1.2.2. Telemonitoring
- 9.1.2.3. Tele-education
- 9.1.2.4. Others
- 9.2. Market Analysis, Insights and Forecast – By Modality
- 9.2.1. Store-and-forward (Asynchronous)
- 9.2.2. Real-time (Synchronous)
- 9.2.3. Others
- 9.3. Market Analysis, Insights and Forecast – By End User
- 9.3.1. Healthcare Facilities
- 9.3.2. Homecare
- 9.4. Market Analysis, Insights and Forecast – By Country/ Sub-Region
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
- 10. Middle East & Africa Teledermatology Market Analysis, Insights and Forecast, 2019-2030
- 10.1. Market Analysis, Insights and Forecast – By Type
- 10.1.1. Products
- 10.1.2. Services
- 10.1.2.1. Teleconsultation
- 10.1.2.2. Telemonitoring
- 10.1.2.3. Tele-education
- 10.1.2.4. Others
- 10.2. Market Analysis, Insights and Forecast – By Modality
- 10.2.1. Store-and-forward (Asynchronous)
- 10.2.2. Real-time (Synchronous)
- 10.2.3. Others
- 10.3. Market Analysis, Insights and Forecast – By End User
- 10.3.1. Healthcare Facilities
- 10.3.2. Homecare
- 10.4. Market Analysis, Insights and Forecast – By Country/ Sub-Region
- 10.4.1. GCC Countries
- 10.4.2. South Africa
- 10.4.3. Rest of Middle East & Africa
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis (2022)
- 11.2. Company Profiles (Overview, Product & Services, SWOT Analysis, Recent Developments, Strategies, financials (Based on Availability))
- 11.2.1. 3Gen
- 11.2.1.1. Overview,
- 11.2.1.2. Product & Services,
- 11.2.1.3. SWOT Analysis,
- 11.2.1.4. Recent Developments,
- 11.2.1.5. Strategies,
- 11.2.1.6. financials (Based on Availability)
- 11.2.2. Ksyos
- 11.2.2.1. Overview,
- 11.2.2.2. Product & Services,
- 11.2.2.3. SWOT Analysis,
- 11.2.2.4. Recent Developments,
- 11.2.2.5. Strategies,
- 11.2.2.6. financials (Based on Availability)
- 11.2.3. MetaOptima
- 11.2.3.1. Overview,
- 11.2.3.2. Product & Services,
- 11.2.3.3. SWOT Analysis,
- 11.2.3.4. Recent Developments,
- 11.2.3.5. Strategies,
- 11.2.3.6. financials (Based on Availability)
- 11.2.4. 3Derm
- 11.2.4.1. Overview,
- 11.2.4.2. Product & Services,
- 11.2.4.3. SWOT Analysis,
- 11.2.4.4. Recent Developments,
- 11.2.4.5. Strategies,
- 11.2.4.6. financials (Based on Availability)
- 11.2.5. VigNet Inc.
- 11.2.5.1. Overview,
- 11.2.5.2. Product & Services,
- 11.2.5.3. SWOT Analysis,
- 11.2.5.4. Recent Developments,
- 11.2.5.5. Strategies,
- 11.2.5.6. financials (Based on Availability)
- 11.2.6. Maple
- 11.2.6.1. Overview,
- 11.2.6.2. Product & Services,
- 11.2.6.3. SWOT Analysis,
- 11.2.6.4. Recent Developments,
- 11.2.6.5. Strategies,
- 11.2.6.6. financials (Based on Availability)
- 11.2.7. MDLIVE Inc.
- 11.2.7.1. Overview,
- 11.2.7.2. Product & Services,
- 11.2.7.3. SWOT Analysis,
- 11.2.7.4. Recent Developments,
- 11.2.7.5. Strategies,
- 11.2.7.6. financials (Based on Availability)
- 11.2.8. CureSkin
- 11.2.8.1. Overview,
- 11.2.8.2. Product & Services,
- 11.2.8.3. SWOT Analysis,
- 11.2.8.4. Recent Developments,
- 11.2.8.5. Strategies,
- 11.2.8.6. financials (Based on Availability)
- 11.2.9. Ping an Good Doctor
- 11.2.9.1. Overview,
- 11.2.9.2. Product & Services,
- 11.2.9.3. SWOT Analysis,
- 11.2.9.4. Recent Developments,
- 11.2.9.5. Strategies,
- 11.2.9.6. financials (Based on Availability)
- 11.2.10. FirstDerm
- 11.2.10.1. Overview,
- 11.2.10.2. Product & Services,
- 11.2.10.3. SWOT Analysis,
- 11.2.10.4. Recent Developments,
- 11.2.10.5. Strategies,
- 11.2.10.6. financials (Based on Availability)
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