The global teledermatology market size is projected to grow at a CAGR of 22.4% during the forecast period 2022-2027 | Wbactive

The globe Market size for teledermatologyShare, Price, Trends, Growth, Report and Forecast 2022-2027′ by Expert Market Research provides a comprehensive outlook of the global teledermatology market and assesses the market based on its segments such as Type, Modality, Service Provider, End Use, and Major Regions.

Teledermatology Market Size, Share, Trends, Industry Report, Key Players, Key Segments and Forecast

Key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 22.4%

The increasing prevalence of chronic skin diseases such as acne, contact dermatitis and skin cancer expands the range of teledermatological services, among other things. Teledermatology practices such as Store and Forward (SAF) and real-time teledermatology are reliable and efficient, which is driving the teledermatology market. In addition, teledermatology modalities such as video conferencing are extremely reliable and save time and money.

Rapid digitization and increasing awareness of telemedicine modes are some of the key drivers of the market. The robust development of intelligent electronic devices and the increasing availability of high-speed internet continue to increase the spread of teledermatology services.

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Teledermatology also eliminates the need for a physical visit to a healthcare facility. This is a major benefit for the geriatric population, which is another key driver for the teledermatology market.

Additionally, teledermatology services are a popular choice among pediatricians and adults because they reduce wait times and provide quality care without the need for in-person appointments. Other benefits of teledermatology include increased convenience, better patient satisfaction, better access to semi-urban and urban areas, and efficient patient management in emergencies, among others.

Teledermatology industry definition and major segments

Teledermatology is a subset of e-health that uses telecommunications technologies to provide diagnosis, counseling, and treatment of dermatological conditions. Teledermatology includes software and various modern computer solutions for treating patients via audio/video communication. Different areas and types of services are being driven by technology, bolstering the overall productivity of the healthcare sector.

Based on the type, the market can be segmented into:

• Products
• Services

On the basis of modality, the market has been segmented into:

• Storage and forwarding method
• Video conferencing
• Other

Based on the service provider, the market can be categorized into:

• Telecommunications
• Health Informatics

By application, the market has been segmented into:

• Hospital
• Home care
• Other

On the basis of region, the market can be categorized into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Teledermatology Market Trends

Key trends in the global teledermatology market include the growing efforts by governments in developing countries to improve healthcare facilities, particularly in rural areas. This improves the accessibility of teledermatological services in the forecast period. Meanwhile, research and development activities and rapid digitization in areas such as teledermoscopy, teledermatopathology and dermatopathology are giving impetus to the market.

The joint development, which is driven by cooperation between the major market players, are the decisive market trends. These collaborations also aim to improve treatment for mild dermatological conditions.

From a geographic perspective, North America holds a decent share of the teledermatology market, driven by the advanced healthcare infrastructure in the strong economies like the United States.

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Important market participants

The major players covered in the Teledermatology Market report are:

• Him’s & Her’s Health, Inc.
• Miiskin ApS
• Sakhiya Skin Clinic
• MetaOptima Technology Inc.
• MapleDerm
• First Derma
• Online Doctor
• Dermatologist On Call Inc
• MDLIVE medical group
• DermView Limited
• Other

The report covers the market shares, capacities, asset turnover, expansions, investments and mergers and acquisitions among other latest developments of these market players.

The report examines the latest updates in the market along with their impact on the overall market. It also analyzes market demand along with its price and demand indicators. The report also tracks the market based on SWOT and Porter’s Five Forces models.

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