Teledermatology is one of the most common applications of telemedicine, wherein telecommunication is used to exchange medical information regarding skin conditions such as skin tumor without any physical contact between the patient and the dermatologist. Teledermatology can be performed using two approaches: store and forward (SAF) and real time/live interactive teledermatology. Store and forward approach involves forwarding digital images concerned with medical information to the data storage unit of the dermatologist. It is as simple as sending a digital image of the skin condition over an email to seek consultation from the dermatologist. Store and forward approach does not require expensive equipment and does not demand presence of both the receiver and sender at the same time. In real time/live interactive teledermatology, the patient and the dermatologist interact via live videoconferencing. It may also involve use of telerobotic microscopes and remote surgery. Real time/live interactive teledermatology involves highly sophisticated and costly equipment. Moreover, it requires the presence of both the receiver and sender at the same time. Teledermatology uses non-invasive technologies for imaging such as medical photography, dermoscopy, confocal microscopy, ultrasound, and others.
Market Dynamics
The increasing incidence of skin conditions, rising investments by various government in telemedicine, and increasing adoption of inorganic growth strategies such as acquisitions and collaborations by key players operating in the market, are the major factors that are expected to drive growth of the global teledermatology market over the forecast period.
For instance, according to a review article published by Acta Dermato-Venereologica, a scientific journal in the field of dermatology and venereology in May 2020, on the basis of epidemiological data collected from year 1958-2018 it is estimated that every year around 17.1% of adults and 22.6% of children were diagnosed with atopic dermatitis globally. Atopic dermatitis, a form of eczema, is an inflammatory skin condition which affects both children and adults. The same source states that around 9.6% new cases of atopic dermatitis were diagnosed in children around the world.
Key features of the study:
- This report provides in-depth analysis of the global teledermatology market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2021–2028), considering 2020 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global teledermatology market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
- Key companies covered as a part of this study include Aerotel Medical Systems Ltd., MDLIVE, Visby Medical, Inc., Ksyos, VigNet Inc., Allscripts Healthcare, LLC, 3Derm, McKesson Corporation, CureSkin, Honeywell Life Care Solutions, MetaOptima, Philips Healthcare, 3Gen Consulting, AMD Global Telemedicine, GE Healthcare, and First Derm
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global teledermatology market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global teledermatology market
Detailed Segmentation:
- Global Teledermatology Market, By Type:
- Products
- Services
- Teleconsultation
- Telemonitoring
- Tele-education
- Global Teledermatology Market, By Modality:
- Store and Forward (Asynchronous)
- Real Time (Synchronous)
- Others (Others include Hybrid)
- Global Teledermatology Market, By End User:
- Hospitals and Clinics
- Medical Universities
- Homecare
- Global Teledermatology Market, By Region:
- North America
- By Type
- Products
- Services
- Teleconsultation
- Telemonitoring
- Tele-education
- By Modality
- Store and Forward (Asynchronous)
- Real Time (Synchronous)
- Others (Others include Hybrid)
- By End User
- Hospitals and Clinics
- Medical Universities
- Homecare
- By Country
- Latin America
- By Type
- Products
- Services
- Teleconsultation
- Telemonitoring
- Tele-education
- By Modality
- Store and Forward (Asynchronous)
- Real Time (Synchronous)
- Others (Others include Hybrid)
- By End User
- Hospitals and Clinics
- Medical Universities
- Homecare
- By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Type
- Products
- Services
- Teleconsultation
- Telemonitoring
- Tele-education
- By Modality
- Store and Forward (Asynchronous)
- Real Time (Synchronous)
- Others (Others include Hybrid)
- By End User
- Hospitals and Clinics
- Medical Universities
- Homecare
- By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Type
- Products
- Services
- Teleconsultation
- Telemonitoring
- Tele-education
- By Modality
- Store and Forward (Asynchronous)
- Real Time (Synchronous)
- Others (Others include Hybrid)
- By End User
- Hospitals and Clinics
- Medical Universities
- Homecare
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Type
- Products
- Services
- Teleconsultation
- Telemonitoring
- Tele-education
- By Modality
- Store and Forward (Asynchronous)
- Real Time (Synchronous)
- Others (Others include Hybrid)
- By End User
- Hospitals and Clinics
- Medical Universities
- Homecare
- By Country
- GCC
- Israel
- Rest of Middle East
- Africa
- By Type
- Products
- Services
- Teleconsultation
- Telemonitoring
- Tele-education
- By Modality
- Store and Forward (Asynchronous)
- Real Time (Synchronous)
- Others (Others include Hybrid)
- By End User
- Hospitals and Clinics
- Medical Universities
- Homecare
- By Country/Region
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Aerotel Medical Systems Ltd.*
- Company Overview
- Material Portfolio
- Financial Performance
- Key Highlights
- Market Strategies
- MDLIVE
- Visby Medical, Inc.
- Ksyos
- VigNet Inc.
- Allscripts Healthcare, LLC
- 3Derm
- McKesson Corporation
- CureSkin
- Honeywell Life Care Solutions
- MetaOptima
- Philips Healthcare
- 3Gen Consulting
- AMD Global Telemedicine
- GE Healthcare
- First Derm
“*” marked represents similar segmentation in other categories in the respective section.
Infographics - Teledermatology Market
