Online Dermatology Consultation Market (By Modality: Store and Forward, Real Time, Other; By End User: Healthcare units, Homecare) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022-2030

The global online dermatology consultation market size was exhibited at USD 3.65 billion in 2022 and is projected to hit around USD 12.7 billion by 2032, growing at a CAGR of 13.28% during the forecast period 2023 to 2032.

Key Pointers:

• On the basis of modality, the store and forward segment accounted market revenue share of 71.19% in 2022.
• On the basis of end users, the homecare sector is predicted to earn the highest revenues from 2023 to 2032.
• With more than USD 2.5 billion in sales in 2022, North America is expected to continue to dominate the market from 2023 to 2032.
• In terms of size, The Asia Pacific region is anticipated to exhibit significant development opportunities from 2023 to 2032.

Online Dermatology Consultation Market Report Scope

Driving factors for the market are increasing trends of online education and remote consultancy, increasing investment in R&D programs for the development of several preventive online Dermatology and guidelines provided by regulatory bodies associated with online education and remote consultancy, and adoption of investments and teledermatology services in the telemedicine industry. The Global Online Dermatology Consultation Market report provides a holistic evaluation of the market. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market.

Online dermatology consultation is a revolutionary method for delivering dermatology services, serving remote areas impartially, and allowing dermatologists or primary care physicians to assist patients by referring them to nearby dermatology centers. Teledermatology can be conducted in real-time in two ways, by store-and-forward methods and by utilizing video-conferencing equipment.

Transported images and videos can be stored with a clinical history of the patient. Real-time teledermatology can supply more clinical information about the patient. The Global Online Dermatology Consultation Market is undergoing significant changes, as the manufacturers need to evolve in an attempt to keep the structure of their work. This process can be conducted in real-time in two ways, such as by utilizing video-conferencing equipment and by store-and-forward methods. The transferred images and videos can be stored with the clinical history of the patient.

Real-time teledermatology can provide more clinical information about patients. Whereas the store and forward methods provide higher accuracy of diagnosis as compared to video assist consultancy and are much cheaper for the health service provider, it takes more time in delivering a diagnosis. The teledermatology is carried out using either real-time video conferencing systems or store-and-forward systems that capture and store images for later transmission.

Global Online Dermatology Consultation Market Overview

The growing rates of skin conditions due to the aging population and the shortage of dermatologists increase the demand for the Online Dermatology Consultation Market In North America and Europe region. According to IMS Health, in the USA, there are an estimated 9,600 dermatologists. Thus, patients have to wait for almost a month for their dermatology appointment. According to the American Academy of Dermatology Association, the World Health Organization has estimated that more than 65,000 people worldwide are likely to die of melanoma. Melanoma accounts for only about 1% of skin cancers but it is the reason for a large majority of skin cancer deaths. Rapid developments in the telecommunication sector like the introduction of 4G LTE and further research further provide several opportunities for the Online Dermatology Consultation Market.

Moreover, this teledermatology is largely adopted in developed nations to fill the gap of cost-effectiveness and specialty care. The presence of various large-scale companies in many North American and European countries will emerge in favor of the regional market. Moreover, the coronavirus outbreak will have a significant impact on the growth of the regional market in the coming years, particularly due to the rising demand for telemedicine tools in the past few months. However, the lack of infrastructure and physicians might act as hindering factor for the market growth. For instance, in the US there is a lack of broadband in rural areas. Due to the lack of broadband availability, tens of millions of rural Americans are not able to see their doctor over the internet in the same way urban Americans can. Rural Americans are 10 times more likely to lack broadband access than their urban counterparts.

Increasing trends of online education and remote consultancy provided a boost to the market as many institutions such as Boston University provided an online platform for education and online consultancy. Several commercial health consultancy companies are also playing important roles in providing diagnosis services worldwide. Benefits and Vast utilization of teledermatology is the key growth factor for the Global Online Dermatology Consultation Market. Government initiatives to lessen the healthcare cost and to increase specialty healthcare are one of the major factors for the adoption of investments and teledermatology services in the telemedicine industry.

Some of the prominent players in the Online Dermatology Consultation Market 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
• First Derm

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 in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Online Dermatology Consultation market.

By Modality

• Store and Forward
• Real Time
• Other

By End User

• Healthcare units
• Homecare

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa (MEA)