Global Teledermatology Market Size to Reach USD 41.01 Billion by 2028, At Growth Rate (CAGR) of 22.53%

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Global Teledermatology Market was valued at USD 9.89 Billion in 2021 and is expected to reach USD 41.01 Billion by the year 2028, at a CAGR of 22.53%. The Analysis Period 2023-2030.

The history of telemedicine may be traced back to the 19th century when ship captains used radio to seek medical advice and electrocardiograms were sent via telephone lines. Teledermatology was first mentioned in the medical literature in 1993 when it became popular in Norway in fields such as radiology and pathology. Telemedicine is a modern technology that provides remote health care services. Telemedicine has been on the rise since the COVID-19 pandemic started as it eliminates the physical presence of both patients and medical professionals. Dermatology, as a visually-dependent specialty, is well-suited to this type of healthcare service.

Top Key Players Covered in The Teledermatology Market

3Gen Consulting (US), FirstDerm (US), MetaOptima (Canada), MDLIVE Inc. (US), VigNet Inc. (US), Ping An Healthcare and Technology Company Limited (China), Maple (Canada), Ksyos (Netherlands), CureSkin (India), 3Derm (U.S.) and others major players.

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Market Dynamics and Key Factors in Teledermatology Market:

Drivers

·         Teledermatology can be utilized by health care workers for various applications such as providing clinical services to patients, monitoring patient health, consulting with other health care practitioners, and providing patients with educational resources.

Restraints:

·         The most serious concern about online consultations has been the accuracy of diagnosis. Poor-quality photographs shared by the patient might reduce diagnosis accuracy and increase errors drastically.

Opportunities:

·         According to a study, physicians receive lesser reimbursement for teledermatology visits because teledermatology reduces visit costs by $10–$80 when compared to in-person consultations.

 For the Purpose Of This Report, Reports And Data Has Segmented The Global Teledermatology Market On The Basis Of Type, By Source, By Product, And Region:

By Type         

·         Products

·         Services {Teleconsultation, Telemonitoring, Tele-Education, Others}

By Data Transmission         

·         Store & Forward {Asynchronous}

·         Real-Time {Synchronous}

·         Hybrid

By End-Users

·         Healthcare Facilities

·         Homecare

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By Region

·         North America (US, Canada, Mexico)

·         Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

·         Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

·         Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

·         South America (Brazil, Argentina, Rest of SA)

Covid-19 Impact Analysis On Teledermatology Market

The COVID-19 pandemic has completely changed the face of dermatology care. Teledermatology has emerged as a powerful tool for delivering remote care in an age of lockdowns and social distancing. The teledermatology field has rapidly developed as a result of the lockdown imposed to constrain the spread of the coronavirus disease. It has enabled dermatologists to deliver dermatological care remotely, reducing the risk of COVID-19 transmission in inpatient settings.

Report Includes Competitor's Landscape:

·         Major trends and growth projections by region and country

·         Key winning strategies followed by the competitors

·         Who are the key competitors in this industry?

·         What shall be the potential of this industry over the forecast tenure?

·         What are the factors propelling the demand for the Action Figures and Statues?

·         What are the opportunities that shall aid in significant proliferation of the market growth?

·         What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures and Statues?

·         How has the covid-19 impacted the growth of the market?

·         Has the supply chain disruption caused changes in the entire value chain?

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