The global teledermatology market size was estimated to be USD 8.97 billion in 2023 and is expected to reach at USD 51.6 billion by 2033 with a CAGR of 17.24% during the forecast period 2023-2033. Rising demand for dermatological services, growing prevalence of skin disorders, increasing technological advancements for providing tele-healthcare services, surge in adoption of digital health infrastructure such as electronic health records (EHRs) & secure communication platforms, rising patient preference for remote care, growing patient preference for tele-healthcare service, and surge in launch of advanced technology by leading market players are some of the factors fuelling the market growth.
Surge in launch of advanced technology by leading market players is predicted to boost the market growth during the forecast period. For instance, in January 2023, Teladoc Health has unveiled a new comprehensive digital application that offers a fully integrated healthcare experience, delivering personalized whole-person care to individuals. With this app, consumers can effortlessly access Teladoc Health's complete range of services, including primary care, mental health support, and chronic condition management, all in one place under a single portable account.
By Type, Services was the highest revenue-grossing segment in the global Teledermatology Market in 2022 owing to growing awareness & adoption of tele-consultation & telemonitoring services among consumers and rising launch of advanced technology. For instance, in February 2022, Ro has introduced Ro Derm, a teledermatology service that links consumers with licensed healthcare professionals in the U.S. This service offers consultations and customized prescription treatments tailored to meet the individual needs of patients. Additionally, Products is predicted to grow at fastest CAGR during the forecast period owing to the increasing technological advancements and growing focus on the development of advanced technologies.
By Modality, Store-and-forward (asynchronous) was the highest revenue-grossing segment in the global Teledermatology Market in 2022 owing to the fact that patients are no longer need to physically visit a dermatologist's clinic due to store and forward teledermatology and increasing launch of advanced technology. For instance, in May 2022, Miiskin has made its platform accessible to academic researchers, offering free access to support collaborative digital efforts in dermatology research. The teledermatology platform is now open for scientific research focused on skin cancer, wound care, rosacea, acne, psoriasis, and eczema. Subjects of skin care research can use the Miiskin app to connect securely with dermatology researchers through a web portal, sharing high-definition skin photos and other structured patient reported data. Additionally, Real-time (synchronous) is predicted to grow at fastest CAGR during the forecast period owing to the rising technological advancements such as the availability of numerous video consultations for acne, hair loss, & aesthetic purposes, as well as high-quality video conferencing, & secure electronic health records (EHR) systems.
By End User, Hospitals & clinics was the highest revenue-grossing segment in the global Teledermatology Market in 2022 owing to the growing adoption of the teledermatology platforms in the hospitals & clinics, rising government investments in the adoption of digital technologies in the hospitals. Additionally, Homecare is predicted to grow at fastest CAGR during the forecast period owing to the rising health expenditure and growing adoption of homecare services for teledermatology. For instance, in July 2021, Miiskin, the digital health app, introduced a new feature for mole sizing. Using augmented reality technology, patients can now check if their moles have changed in size. The feature prompts users to take a photograph of their mole next to a reference object, like a coin, to measure and document the lesion's size. This aids users in identifying two of the five signs in the ABCDE tracker, a system recommended by doctors.
North America region is anticipated for the highest revenue share during the forecast period owing to the growing awareness about teledermatology services, rising prevalence of skin disease, increasing adoption of modern medical technologies, presence of major market players, and surge in launch of innovative teledermatology platforms. For instance, in October 2022, Northwind, a teledermatology service focused on psoriasis and eczema, was launched by Y Combinator. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the increasing advancements in medical technologies, rising awareness of teleconsultation, growing adoption of telehealth service, surge in favourable government initiatives, and increasing initiatives by key market players. For instance, in April 2020, Sakhiya Skin Clinic has introduced a cost-free skin care treatment service via tele-dermatology platforms, aiming to encourage the widespread acceptance of tele-dermatology among consumers in India.
Surge in launch of advanced technology by leading market players is predicted to boost the market growth during the forecast period. For instance, in January 2023, Teladoc Health has unveiled a new comprehensive digital application that offers a fully integrated healthcare experience, delivering personalized whole-person care to individuals. With this app, consumers can effortlessly access Teladoc Health's complete range of services, including primary care, mental health support, and chronic condition management, all in one place under a single portable account.
By Type, Services was the highest revenue-grossing segment in the global Teledermatology Market in 2022 owing to growing awareness & adoption of tele-consultation & telemonitoring services among consumers and rising launch of advanced technology. For instance, in February 2022, Ro has introduced Ro Derm, a teledermatology service that links consumers with licensed healthcare professionals in the U.S. This service offers consultations and customized prescription treatments tailored to meet the individual needs of patients. Additionally, Products is predicted to grow at fastest CAGR during the forecast period owing to the increasing technological advancements and growing focus on the development of advanced technologies.
By Modality, Store-and-forward (asynchronous) was the highest revenue-grossing segment in the global Teledermatology Market in 2022 owing to the fact that patients are no longer need to physically visit a dermatologist's clinic due to store and forward teledermatology and increasing launch of advanced technology. For instance, in May 2022, Miiskin has made its platform accessible to academic researchers, offering free access to support collaborative digital efforts in dermatology research. The teledermatology platform is now open for scientific research focused on skin cancer, wound care, rosacea, acne, psoriasis, and eczema. Subjects of skin care research can use the Miiskin app to connect securely with dermatology researchers through a web portal, sharing high-definition skin photos and other structured patient reported data. Additionally, Real-time (synchronous) is predicted to grow at fastest CAGR during the forecast period owing to the rising technological advancements such as the availability of numerous video consultations for acne, hair loss, & aesthetic purposes, as well as high-quality video conferencing, & secure electronic health records (EHR) systems.
By End User, Hospitals & clinics was the highest revenue-grossing segment in the global Teledermatology Market in 2022 owing to the growing adoption of the teledermatology platforms in the hospitals & clinics, rising government investments in the adoption of digital technologies in the hospitals. Additionally, Homecare is predicted to grow at fastest CAGR during the forecast period owing to the rising health expenditure and growing adoption of homecare services for teledermatology. For instance, in July 2021, Miiskin, the digital health app, introduced a new feature for mole sizing. Using augmented reality technology, patients can now check if their moles have changed in size. The feature prompts users to take a photograph of their mole next to a reference object, like a coin, to measure and document the lesion's size. This aids users in identifying two of the five signs in the ABCDE tracker, a system recommended by doctors.
North America region is anticipated for the highest revenue share during the forecast period owing to the growing awareness about teledermatology services, rising prevalence of skin disease, increasing adoption of modern medical technologies, presence of major market players, and surge in launch of innovative teledermatology platforms. For instance, in October 2022, Northwind, a teledermatology service focused on psoriasis and eczema, was launched by Y Combinator. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the increasing advancements in medical technologies, rising awareness of teleconsultation, growing adoption of telehealth service, surge in favourable government initiatives, and increasing initiatives by key market players. For instance, in April 2020, Sakhiya Skin Clinic has introduced a cost-free skin care treatment service via tele-dermatology platforms, aiming to encourage the widespread acceptance of tele-dermatology among consumers in India.
Segmentation: Teledermatology Market Report 2022 - 2033
Teledermatology Market Analysis & Forecast by Type 2022 - 2033 (Revenue USD Bn)
Services
- Teleconsultation
- Telemonitoring
- Tele-education
- Others
- Products
Teledermatology Market Analysis & Forecast by Modality 2022 - 2033 (Revenue USD Bn)
- Real-time (Synchronous)
- Store-and-forward (Asynchronous)
Teledermatology Market Analysis & Forecast by End-user 2022 - 2033 (Revenue USD Bn)
- Homecare
- Hospitals & Clinics
Teledermatology Market Analysis & Forecast by Region 2022 - 2033 (Revenue USD Bn)
North America
- U.S.
- Canada
Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Teledermatology Market: Type Estimates & Trend Analysis
8. Teledermatology Market: Modality Estimates & Trend Analysis
9. Teledermatology Market: End-user Estimates & Trend Analysis
10. Regional Market Analysis
11. North America Teledermatology Market
12. Europe Global Teledermatology Market
13. Asia Pacific Global Teledermatology Market
14. Latin America Global Teledermatology Market
15. MEA Global Teledermatology Market
16. Competitor Analysis
17. Company Profiles
Companies Mentioned
- Mandel Dermatology
- Teladoc Health Inc.
- Miiskin
- Advanced Telemed Services
- Ksyos Telemedical Centre
- 3Derm Systems
- Medweb
- Derm Utopia
- Vesta Teleradiology
- Eagle Tele Medicine.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 145 |
| Published | August 2023 |
| Forecast Period | 2022 - 2033 |
| Estimated Market Value ( USD | $ 8.97 Billion |
| Forecasted Market Value ( USD | $ 51.6 Billion |
| Compound Annual Growth Rate | 17.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
