Global Teledermatology Market

Global Teledermatology Market Size, Share, Growth Analysis, By Type(Services, Products), By Modality(Store-and-Forward (Asynchronous), Real-time (Synchronous)), By End Users(Healthcare Facilities, Home Care) - Industry Forecast 2024-2031


Report ID: SQMIG35A2192 | Region: Global | Published Date: April, 2024
Pages: 157 | Tables: 88 | Figures: 76

Global Teledermatology Market Regional Insights

The market in North America is likely to be driven by the presence of numerous large-scale businesses such as Dermatologists On Call and MD Live, as well as significant government backing and an increase in teleconsultations. The COVID-19 epidemic has accelerated reforms and acceptance of telehealth by governments, doctors, health systems, and insurance firms across all regions, which is projected to drive the market in the forecast term. Even in India, which has lagged behind in telehealth reform, the Ministry of Health and Family Welfare, in collaboration with NITI Aayog, established official guidelines for telemedicine practices in March 2020.

Furthermore, according to researches, there has been a significant increase in the use of telehealth services in the United States in May 2020, with consumer acceptance of telehealth services rising by 46% in 2020 compared to 11% the previous year to prevent contact with COVID-19. Due to a more developed regulatory and reimbursement framework, China, Singapore, and Australia in APAC, and Sweden, the United Kingdom, and France in Europe, have been the early adopters of telehealth.

During the forecast period, Asia Pacific is expected to be the most lucrative market. The growing usage of telehealth and telemedicine, as well as rising government attempts to improve the healthcare sector, are driving the growth of the tele-dermatology market in Asia Pacific. Furthermore, the industry is predicted to develop due to rising number of internet users and favorable government regulations regarding telehealth and reimbursements.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Teledermatology Market size was valued at USD 12.7 billion in 2019 and is poised to grow from USD 15.3 billion in 2023 to USD 67.43 billion by 2031, growing at a CAGR of 20.4% in the forecast period (2024-2031).

Due to the presence of large corporations, the Telemedicine business is moderately consolidated. As the business matures, market participants are concentrating on mergers and strategic alliances. To capitalize on and grow their market share, companies are making strategic decisions to develop new platforms. The emergence of teledermatology-focused businesses will increase market competition because of the growing number of startups and the extensive distribution networks of major corporations in developed and developing nations, the market is fragmenting. The key players operating in the market are FirstDerm, Maple, MetaOptima, Ksyos, Nihon3Gen, 3Derm, and others. 'MDLIVE Inc', '3Gen Inc.', '3M Health Information Systems', 'AMD Global Telemedicine, Inc.', 'Aerotel Medical Systems Ltd.', 'Canfield Scientific Inc.', 'Cisco Systems, Inc.', 'Clarity Imaging Technologies, Inc.', 'CompuGroup Medical AG', 'CureMD Healthcare', 'Dermatology Consultations, LLC', 'FirstDerm', 'Honeywell International Inc.', 'Medtronic', 'MetaOptima Technology Inc.', 'Philips Healthcare', 'Ping An Healthcare Management Co. Ltd.', 'Siemens Healthcare', 'Welch Allyn Inc.', 'Zipnosis Inc.'

Growing Patient and Provider Adoption of Telehealth Will Boost Market Growth

Artificial Intelligence (AI) will be used to drive market growth. The adoption of artificial intelligence is one of the key trends driving market growth. Healthcare organizations are rapidly expanding telemedicine systems and welcoming long-distance consultations. Through teledermatology, new developments in deep learning, a type of artificial intelligence (AI), have been used to diagnose cases of melanoma from lesion photos.

The market in North America is likely to be driven by the presence of numerous large-scale businesses such as Dermatologists On Call and MD Live, as well as significant government backing and an increase in teleconsultations. The COVID-19 epidemic has accelerated reforms and acceptance of telehealth by governments, doctors, health systems, and insurance firms across all regions, which is projected to drive the market in the forecast term. Even in India, which has lagged behind in telehealth reform, the Ministry of Health and Family Welfare, in collaboration with NITI Aayog, established official guidelines for telemedicine practices in March 2020.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Teledermatology Market

Product ID: SQMIG35A2192

$5,300
BUY NOW GET FREE SAMPLE