Teledermatology Market Overview
Teledermatology is a powerful tool techniques makes healthcare accessible, cost-effective, and significantly enhances patient engagement. The demand for teledermatology has significantly increased due to the cost savings opportunity offered by the technology. The application of teledermatology is enormous. It enables physicians and patients to share real time health-related information from one computer screen to another. With the help of teledermatology software, patients can connect with a doctor at the comfort of their home for diagnosis as well as treatment without needing an appointment. The global teledermatology market accounted for US$ 4.5 billion in 2019 and is estimated to be US$ 44.8 billion by 2029 and is anticipated to register a CAGR of 26.0%.
Impact of COVID19 pandemic on Market
With the ongoing COVID-19 pandemic, teledermatology services have become a critical asset for the healthcare community. The teledermatology services can provide efficient delivery of care especially for populations and patients affected by the COVID-19 infection, especially when under active quarantine. Under these critical times, these services can significantly help healthcare systems to reduce resource usage across the stressed health-care infrastructure, ameliorates access to care, and reduces the risk of direct person-to-person transmission of the infectious agent.
Teledermatology Market Dynamics
Increase in demand for virtually-delivered care
Telecommunication reduces the need for patients to visit an emergency room and the costs associated with the same. Teledermatology services have been in the rise in the coming years. This practice has rapidly spread in many countries given its ease of utilization and the advantage to serve remote areas. Underserved populations with restricted access to traditional dermatology consultations have been greatly benefited, consequently driving teledermatology expansion. Surge in population and need to expand healthcare access, rising prevalence of chronic conditions and cost-benefits of telehealth & teledermatology, shortage of physicians, advancements in telecommunication technology, Government support and rising awareness helps to grow the market.
However, Reimbursement framework, Lack of integration, Lack of sufficient data for care continuity, Awareness related to services, Lack of technical skills among patients hamper the growth of the market.
Teledermatology Market Segmentation
The global teledermatology market is segmented based on the type, and region. Base on the type, the global market is segmented into telehospitals, telehomes, and mHealth. The telehomes segment is expected to be the fastest growing segment over the forecast period. Telehomecare is an innovative way to provide care, monitor a patient, and provide information, by using the latest technology in telecommunication. Monitoring allows early identification of disease, and thus, preventing chronic conditions.
Regional Insights:
According to the region, market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Teledermatology is a rapidly growing component of healthcare in the United States. Treatment of chronically ill patients constitutes nearly four-fifths of the healthcare spending in the United States. The adoption of telemedicine has improved care management, patient quality of life, and reduced healthcare spending. The rising demand for mobile technologies, coupled with the rising adoption of homecare by patients and reduction in hospital visits, is expected to propel the growth of the market over the forecast period.
Detail Segmentation:
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Attribute |
Details |
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The base year for estimation |
2019 |
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Forecast Period |
2019 - 2029 |
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Market Representation |
Revenue in USD Million & CAGR from 2019-2029 |
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Market Segmentation |
By Type - Telehospitals, Telehomes, and mHealth(Mobile Health)) By Region - North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
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Regional Scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report Coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered in the report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global teledermatology market report based on deployment type, and region.
Global Teledermatology Market, By Type
- Telehospitals
- Telehomes
- mHealth(Mobile Health))
Global Teledermatology Market, By Region
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Teledermatology Market Key Players
The major players in the market include 98point6, Vida Health, Medici, Healthtap, Maven Clinic, Doctor Anywhere, Zipnosis, SnapMD, Cloudbreak Health, and Cloud DX. Players operating in the teledermatology/telehealth market are focusing on providing innovative solutions on COVID-19 to support hospitals and healthcare providers.
Teledermatology Market Company Profile
- 98point6
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Vida Health
- Medici
- Healthtap
- Maven Clinic
- Doctor Anywhere
- Zipnosis
- SnapMD
- Cloudbreak Health
- Cloud DX
Teledermatology Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Teledermatology Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Teledermatology Market, By Type, 2019 – 2029, (US$ Mn)
- Telehospitals
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Telehomes
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- mHealth(Mobile Health)
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Telehospitals
- Global Teledermatology Market, By Region, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 – 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
-
- 98point6
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Vida Health
- Medici
- Healthtap
- Maven Clinic
- Doctor Anywhere
- Zipnosis
- SnapMD
- Cloudbreak Health
- Cloud DX
- 98point6
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- The Last Word
- Future Impact
- About Us
- Contact
List of Tables
TABLE List of data sources
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE Teledermatology Market: Type Snapshot (2019)
TABLE Segment Dashboard; Definition and Scope, by Type
TABLE Global Teledermatology Market, by Type 2018-2029 (USD Million)
TABLE Teledermatology Market: Regional snapshot (2019)
TABLE Segment Dashboard; Definition and Scope, by Region
TABLE Global Teledermatology Market, by Region 2018-2029 (USD Million)
TABLE North America Teledermatology Market, by Country, 2018-2029 (USD Million)
TABLE North America Teledermatology Market, by Type, 2018-2029 (USD Million)
TABLE Europe Teledermatology Market, by Country, 2018-2029 (USD Million)
TABLE Europe Teledermatology Market, by Type, 2018-2029 (USD Million)
TABLE Asia Pacific Teledermatology Market, by Country, 2018-2029 (USD Million)
TABLE Asia Pacific Teledermatology Market, by Type, 2018-2029 (USD Million)
TABLE Latin America Teledermatology Market, by Country, 2018-2029 (USD Million)
TABLE Latin America Teledermatology Market, by Type, 2018-2029 (USD Million)
TABLE Middle East and Africa Teledermatology Market, by Country, 2018-2029 (USD Million)
TABLE Middle East and Africa Teledermatology Market, by Type, 2018-2029 (USD Million)
List of Figures
FIGURE Teledermatology Market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE COVID-19 Impact Analysis
FIGURE Pre & Post COVID-19 Impact Comparison Study
FIGURE Competitive Landscape; Key company market share analysis, 2019
FIGURE Type segment market share analysis, 2020 & 2029
FIGURE Type segment market size forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE Regional segment market share analysis, 2020 & 2029
FIGURE Regional segment market size forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE North America Teledermatology Market share and leading players, 2019
FIGURE Europe Teledermatology Market share and leading players, 2019
FIGURE Asia Pacific Teledermatology Market share and leading players, 2019
FIGURE Latin America Teledermatology Market share and leading players, 2019
FIGURE Middle East and Africa Teledermatology Market share and leading players, 2019
FIGURE North America market share analysis by country, 2019
FIGURE U.S. Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE Canada Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE Europe Teledermatology Market share analysis by country, 2019
FIGURE Germany Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE Spain Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE Italy Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE UK Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE France Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE Rest of the Europe Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE Asia Pacific Teledermatology Market share analysis by country, 2019
FIGURE India Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE China Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE Japan Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE South Korea Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE Rest of APAC Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE Latin America Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE Latin America Teledermatology Market share analysis by country, 2019
FIGURE Brazil Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE Mexico Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE Argentina Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE Rest of LATAM Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE Middle East and Africa Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE Middle East and Africa Teledermatology Market share analysis by country, 2019
FIGURE Saudi Arabia Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE United Arab Emirates Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FIGURE Rest of Middle East & Africa Teledermatology Market size, forecast and trend analysis, 2019 to 2029 (USD Million)
FAQs
The global teledermatology market is segmented based on the type, and region.
Surge in population and need to expand healthcare access, rising prevalence of chronic conditions and cost-benefits of telehealth & teledermatology, shortage of physicians, advancements in telecommunication technology, Government support and rising awareness helps to grow the market.
Teledermatology is a rapidly growing component of healthcare in the United States. Treatment of chronically ill patients constitutes nearly four-fifths of the healthcare spending in the United States.
The major players in the market include 98point6, Vida Health, Medici, Healthtap, Maven Clinic, Doctor Anywhere, Zipnosis, SnapMD, Cloudbreak Health, and Cloud DX.