Teledermatology Market | 2021 Size, Growth, Share, Cap, Regional Analysis With Global Industry Forecast To 2027, The global “Teledermatology” Market is projected to reach USD 44.86 billion by the end of 2027. The presence of several large scale companies in this sector will have a huge impact on the growth of the overall market in the coming years. According to a report published by Fortune Business Insights, titled “Teledermatology Market Size, Share & COVID-19 Impact Analysis, By Type (Products & Services), By Modality (Store-and-forward (Asynchronous), Real-time (Synchronous) & Others) By End User (Healthcare Facilities, & Home Care), and Regional Forecast, 2020-2027,” the market was worth USD 4.83 billion in 2019 and will exhibit a CAGR of 24.3% during the forecast period, 2020-2027.
Teledermatology is the combination of telehealth and dermatology and involves concepts such as AI and IoT. It is one of the most popular applications of e-health and telemedicine and serves the purpose of transferring medical information across longer as well as shorter distances through audio, video, and data communication. The massive investments in teledermatology are consequential to the increasing applications as well as rising benefits of the product that are being maximized by several companies across the world. Subsequently, the presence of several large scale companies will emerge in favor of growth of this overall market in the coming years. The increasing popularity of teledermatology is attributable to the exceptional properties of the concept, coupled with its flexible application scope.
Major Teledermatology Market Key players covered in the report include:
- 3Gen
- Ksyos
- MetaOptima
- 3Derm
- VigNet Inc.
- Maple
- MDLIVE Inc.
- CureSkin
- Ping an Good Doctor
- FirstDerm
- Other Players
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Teledermatology Market Analysis 2021:
Teledermatology Manufacturers Among the Very Few Who Have Benefited from the Covid-19 Pandemic
The recent coronavirus outbreak has created a sense of panic in several industries across the world. Accounting to the rapid spread of the disease, governments across the world are compelled to implement strict measures to curb the spread of the disease. As a result, people have been forced to stay indoors due to the strict lockdowns and social distancing practices implemented worldwide. Although the pandemic has had a daunting effect on several industries, that certainly hasn’t been the case for teledermatology companies. The surge in use of concepts such as telehealth and telemedicine has boded well for the growth of the overall teledermatology market in the past few months.
Increasing Number of Product Launches Will Emerge in Favor of Market Growth
The report encompasses several factors that have contributed to the growth of the overall market in recent years. Among all factors, the increasing investments in product R&D and the increasing number of product launches have made the highest impact on the growth of the market in recent years. The rising investments will also open up a flexible application scope, therefore creating a broader growth spectrum for the companies operating at a global as well as regional level. In April 2020, Sakhiya Skin Clinic announced the launch of free skin care treatment facilities across India. This step was taken to address the Covid-19 pandemic but since it has gained huge popularity in a very short time, this initiative will help the company grow rapidly in the coming years. Such efforts taken to maximize the use of teledermatology will have a massive impact on the growth of the overall market in the foreseeable future.
Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Secondary research was conducted to find out detailed information about mergers & acquisitions, collaborations, joint ventures, and agreements. At the same time, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.
The recent coronavirus outbreak has brought major businesses to a standstill. Due to travel bans, companies in this sector are likely to take a huge hit in the coming years. Ultimately, the rapid spread of the disease has urged governments to take strict measures. The report includes the impact on Covid-19 pandemic on the global Teledermatology market and discusses how major companies are coping with this.
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market. Furthermore, the report offers a detailed analysis and information as per Teledermatology Market Growth Analysis by manufacturers, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.
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Teledermatology Highlights of the Report:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Supply Chain Analytics market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Supply Chain Analytics market
North America to Emerge Dominant; Presence of Several Large Scale Companies to Aid Growth
The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in North America is projected to emerge dominant in the coming years. The presence of several large scale companies in several countries across this region will emerge in favor of the regional market. 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. It is likely that the increasing awareness regarding the use of online platforms even after the pandemic will encourage manufacturers in this region and this will subsequently influence the growth of the market in the foreseeable future. As of 2019, the market in North America was worth USD 2.04 billion and this value is projected to increase further in the coming years.
Industry Developments:
May 2020 – DermTech announced the launch of a new telemedicine tool. The company introduced ‘DermTech Pigmented Lesion Assay,’ a telemedicine solution to enable remote use of its non-invasive adhesive patch test for melanoma detection.
Key questions answered in the report:
- What will the market growth rate of Teledermatology market in 2027?
- What are the key factors driving the global Teledermatology market?
- Who are the key manufacturers in Teledermatology market space?
- What are the market opportunities, market risk and market overview of the Teledermatology market?
- What are sales, revenue, and price analysis of top manufacturers of Teledermatology market?
- Who are the distributors, traders and dealers of Teledermatology market?
- What are the Teledermatology market opportunities and threats faced by the vendors in the global Teledermatology industry?
- What are sales, revenue, and price analysis by types and applications of Teledermatology market?
- What are sales, revenue, and price analysis by regions of Teledermatology industry?
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Table of Content:
1 Teledermatology Market Overview
1.1 Teledermatology Product Overview
1.2 Teledermatology Market Segment by Type
1.3 Global Teledermatology Market Size by Type (2015-2027)
1.3.1 Global Teledermatology Market Size Overview by Type (2015-2027)
1.3.2 Global Teledermatology Historic Market Size Review by Type (2015-2021)
1.3.2.1 Global Teledermatology Sales Market Share Breakdown by Type (2015-2027)
1.3.2.2 Global Teledermatology Market Share Breakdown by Type (2015-2027)
1.3.2.3 Global Teledermatology Average Selling Price (ASP) by Type (2015-2027)
1.3.3 Global Teledermatology Market Size Forecast by Type (2021-2027)
1.3.3.1 Global Teledermatology Sales Market Share Breakdown by Application (2021-2027)
1.3.3.2 Global Teledermatology Revenue Market Share Breakdown by Application (2021-2027)
1.3.3.3 Global Teledermatology Average Selling Price (ASP) by Application (2021-2027)
1.4 Key Regions Market Size Segment by Type (2015-2021)
1.4.1 North America Teledermatology Sales Breakdown by Type (2015-2027)
1.4.2 Europe Teledermatology Sales Breakdown by Type (2015-2027)
1.4.3 Asia-Pacific Teledermatology Sales Breakdown by Type (2015-2027)
1.4.4 Latin America Teledermatology Sales Breakdown by Type (2015-2027)
1.4.5 Middle East and Africa Teledermatology Sales Breakdown by Type (2015-2027)
2 Global Teledermatology Market Competition by Company
2.1 Global Top Players by Teledermatology Sales (2015-2021)
2.2 Global Top Players by Teledermatology Revenue (2015-2021)
2.3 Global Top Players Teledermatology Average Selling Price (ASP) (2015-2021)
2.4 Global Top Company Teledermatology Manufacturing Base Distribution, Sales Area, Product Type
2.5 Teledermatology Market Competitive Situation and Trends
2.5.1 Teledermatology Market Growth Rate (2015-2021)
2.5.2 Global 5 and 10 Largest Company by Teledermatology Sales and Revenue in 2019
2.6 Global Top Company by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Teledermatology as of 2019)
2.7 Date of Key Company Enter into Teledermatology Market
2.8 Key Company Teledermatology Product Offered
2.9 Mergers and Acquisitions, Expansion
3 Global Teledermatology Status and Outlook by Region (2015-2027)
3.1 Global Teledermatology Market Size and CAGR by Region: 2015 VS 2021 VS 2027
3.2 Global Teledermatology Market Size Market Share by Region (2015-2021)
3.2.1 Global Teledermatology Sales Market Share by Region (2015-2021)
3.2.2 Global Teledermatology Revenue Market Share by Region (2015-2021)
3.2.3 Global Teledermatology Sales, Revenue, Price and Gross Margin (2015-2021)
3.3 Global Teledermatology Market Size Market Share by Region (2021-2027)
3.3.1 Global Teledermatology Sales Market Share by Region (2021-2027)
3.3.2 Global Teledermatology Revenue Market Share by Region (2021-2027)
3.3.3 Global Teledermatology Sales, Revenue, Price and Gross Margin (2021-2027)
3.4 North America Teledermatology Market Size By Growth (2015-2027)
3.4.1 North America Teledermatology Revenue By Growth (2015-2027)
3.4.2 North America Teledermatology Sales By Growth (2015-2027)
3.5 Asia-Pacific Teledermatology Market Size By Growth (2015-2027)
3.5.1 Asia-Pacific Teledermatology Revenue By Growth (2015-2027)
3.5.2 Asia-Pacific Teledermatology Sales By Growth (2015-2027)
3.6 Europe Teledermatology Market Size By Growth (2015-2027)
3.6.1 Europe Teledermatology Revenue By Growth (2015-2027)
3.6.2 Europe Teledermatology Sales By Growth (2015-2027)
3.7 Latin America Teledermatology Market Size By Growth (2015-2027)
3.7.1 Latin America Teledermatology Revenue By Growth (2015-2027)
3.7.2 Latin America Teledermatology Sales By Growth (2015-2027)
3.8 Middle East and Africa Teledermatology Market Size By Growth (2015-2027)
3.8.1 Middle East and Africa Teledermatology Revenue By Growth (2015-2027)
3.8.2 Middle East and Africa Teledermatology Sales By Growth (2015-2027)
4 Global Teledermatology by Application
4.1 Teledermatology Segment by Application
4.1.1 Residential
4.1.2 Commercial
4.2 Global Teledermatology Sales by Application: 2015 VS 2021 VS 2027
4.3 Global Teledermatology Historic Sales by Application (2015-2021)
4.4 Global Teledermatology Forecasted Sales by Application (2021-2027)
4.5 Key Regions Teledermatology Market Size by Application
4.5.1 North America Teledermatology by Application
4.5.2 Europe Teledermatology by Application
4.5.3 Asia-Pacific Teledermatology by Application
4.5.4 Latin America Teledermatology by Application
4.5.5 Middle East and Africa Teledermatology by Application
5 North America Teledermatology Market Size by Country (2015-2027)
5.1 North America Market Size Market Share by Country (2015-2021)
5.1.1 North America Teledermatology Sales Market Share by Country (2015-2021)
5.1.2 North America Teledermatology Revenue Market Share by Country (2015-2021)
5.2 North America Market Size Market Share by Country (2021-2027)
5.2.1 North America Teledermatology Sales Market Share by Country (2021-2027)
5.2.2 North America Teledermatology Revenue Market Share by Country (2021-2027)
5.3 North America Market Size By Growth by Country
5.3.1 U.S. Teledermatology Market Size By Growth (2015-2027)
5.3.2 Canada Teledermatology Market Size By Growth (2015-2027)
6 Europe Teledermatology Market Size by Country (2015-2027)
6.1 Europe Market Size Market Share by Country (2015-2021)
6.1.1 Europe Teledermatology Sales Market Share by Country (2015-2021)
6.1.2 Europe Teledermatology Revenue Market Share by Country (2015-2021)
6.2 Europe Market Size Market Share by Country (2021-2027)
6.2.1 Europe Teledermatology Sales Market Share by Country (2021-2027)
6.2.2 Europe Teledermatology Revenue Market Share by Country (2021-2027)
6.3 Europe Market Size By Growth by Country
6.3.1 Germany Teledermatology Market Size By Growth (2015-2027)
6.3.2 France Teledermatology Market Size By Growth (2015-2027)
6.3.3 U.K. Teledermatology Market Size By Growth (2015-2027)
6.3.4 Italy Teledermatology Market Size By Growth (2015-2027)
6.3.5 Russia Teledermatology Market Size By Growth (2015-2027)
7 Asia-Pacific Teledermatology Market Size by Country (2015-2027)
7.1 Asia-Pacific Market Size Market Share by Country (2015-2021)
7.1.1 Asia-Pacific Teledermatology Sales Market Share by Country (2015-2021)
7.1.2 Asia-Pacific Teledermatology Revenue Market Share by Country (2015-2021)
7.2 Asia-Pacific Market Size Market Share by Country (2021-2027)
7.2.1 Asia-Pacific Teledermatology Sales Market Share by Country (2021-2027)
7.2.2 Asia-Pacific Teledermatology Revenue Market Share by Country (2021-2027)
7.3 Asia-Pacific Market Size By Growth by Country
7.3.1 China Teledermatology Market Size By Growth (2015-2027)
7.3.2 Japan Teledermatology Market Size By Growth (2015-2027)
7.3.3 South Korea Teledermatology Market Size By Growth (2015-2027)
7.3.4 India Teledermatology Market Size By Growth (2015-2027)
7.3.5 Australia Teledermatology Market Size By Growth (2015-2027)
7.3.6 Taiwan Teledermatology Market Size By Growth (2015-2027)
7.3.7 Indonesia Teledermatology Market Size By Growth (2015-2027)
7.3.8 Thailand Teledermatology Market Size By Growth (2015-2027)
7.3.9 Malaysia Teledermatology Market Size By Growth (2015-2027)
7.3.10 Philippines Teledermatology Market Size By Growth (2015-2027)
Continue…
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