Global Teledermatology Market Report and Forecast 2024-2032

Global Teledermatology Market Outlook

The global teledermatology market size was valued at USD 19.81 billion in 2023, driven by the increasing prevalence of conditions such as acne, increasing awareness about the benefits, and the growing availability of high-speed internet. The market size is anticipated to grow at a CAGR of 22.3% during the forecast period of 2024-2032 to achieve a value of USD 121.28 billion by 2032.

Global Market Likely to be Driven by Rising Cases of Skin Related Problems and Need for Medical Care

Teledermatology, a subfield of dermatology, is a popular application of telemedicine and e-health. Teledermatology uses telecommuncation technologies to convey medical info over varying distances; applications of teledermatology pervade several domains of health care management including diagnoses, consultation, education and treatment.

Store and forward (SAF), and interactive (or real time) teledermatology form the foundation for teledermatology practice; both methods may also be combined to create hybrid methods of data transmission. While SAF is generally the preferred method, it entails conveying digital images with accompanying medical info to a data storage gadget of a specialist in the field. A major advantage of the method is that it does not need the presence of both parties at the same location and time; also, it does not warrant costly equipment.

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In real time teledermatology, the medical provider and the patient are able to interact via live video conference. Some cases may also entail the performance of remote surgery and use of telereobotic microscopes (especially in dermatopathology). However, this method warrants sophisticated and expensive technology, and the presence of both parties at the same time. Developments in technology are expected to boost the global teledermatology market. 

Mobile Applications are Gaining Importance

Domains in which teledermatology may be applied include Health Care Management (mobile applications enabling teledermatology are assuming much importance in the domain), Education (several universities offer online courses and training programs suited to medical students), and special interest domains such as teledermoscopy, teledermatopathology, dermatopathology aided by teledermoscopy, and mobile teledermatology.

It has been reported that teledermatology leads to good patient satisfaction and diagnostic concordance. Teledermatology may prove to be an effective triage tool, decrease referral times (even in cases of cutaneous malignancies, particularly when combined with teledermoscopy). Teledermatology has exhibited usefulness in the follow-up of chronic skin disease, including chronic ulcers. These factors are expected to stimulate the global teledermatology market.

Growing Demand for Dermatological Care Likely to Boost Market Growth; Solution Providers Looking to Develop Modern Platforms and Solutions 

Rising demand for specialized dermatological care, in combination with serious need to enhance patient access places significant stress on dermatological services. Teledermatology may help improve medical access to those residing in rural or remote areas. These factors are likely to drive the global teledermatology market. 

In 2022, MCI Onehealth Technologies Inc. and Oro Health launched jointly developed MCI Dermatology Connect, a new teledermatology platform to fulfil needs of Ontarians presently waiting for a consultation on minor dermatological conditions, decrease wait times and enhance Ontarians’ access to dermatologists irrespective of geographic limitations. 

In 2021, MedX Health Corp. announced an inaugural clinical trial of its sophisticated teledermatology screening platform - DermSecure® - in Turkey. In 2023, MedX Health and Health Partners announced an agreement to launch MedX’s Teledermatology Screening Platform in the UK. 

Market Segmentation

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By type, the market is divided into: 

• Products

• Services

By modality, the market is segmented into:

• Store and Forward Method

• Video Conferencing

• Others

By service provider, the market is classified into:

• Telecommunication

• Health Informatics

By end use, the market is divided into:

• Healthcare Facility

• Home Care

• Others

By region, the market is segmented into:

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

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Key Industry Players in the Market

The report offers an extensive assessment of major players in the global teledermatology market; it evaluates their capability, observes latest occurrences such as mergers and acquisitions, capacity expansions, and plant turnarounds:

• Hims & Hers Health, Inc.

• Miiskin ApS

• Sakhiya Skin Clinic

• MetaOptima Technology Inc.

• MapleDerm

• First Derm

• OnlineDoctor

• Dermatologist On Call Inc

• MDLIVE Medical Group

• DermView Limited

• Others

Using SWOT analysis and Porter’s Five Forces model, the EMR report offers deep insights into the industry.

Key Highlights of the Report

Teledermatology Market Report Snapshots

Teledermatology Market Size

Teledermatology Market Growth

Teledermatology Companies