Overview and Scope
Online dermatology consultation refers to a virtual or remote medical consultation with a dermatologist, conducted through an online platform or telecommunication technology. It allows individuals to seek dermatological advice, diagnosis, and treatment recommendations from a qualified dermatologist without physically visiting a clinic or hospital.
Sizing and Forecast
The online dermatology consultation market size has grown rapidly in recent years. It will grow from $3.65 billion in 2023 to $4.23 billion in 2024 at a compound annual growth rate (CAGR) of 16.0%. The growth in the historic period can be attributed to increasing skin health awareness, convenience and accessibility, covid-19 pandemic impact, cost-efficiency.
The online dermatology consultation market size is expected to see rapid growth in the next few years. It will grow to $7.64 billion in 2028 at a compound annual growth rate (CAGR) of 15.9%. The growth in the forecast period can be attributed to ai integration, expansion of e-health platforms, regulatory support, patient-centric approach, global health events. Major trends in the forecast period include regulatory and reimbursement changes, enhanced data security measures, patient education and engagement, advanced imaging technologies, artificial intelligence (ai) assistance.
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Segmentation & Regional Insights
The online dermatology consultation market covered in this report is segmented –
1) By Modality: Store-And-Forward (Asynchronous), Real-Time (Synchronous), Other Types
2) By Application: Skin Care, Hair Loss, Sign of Aging, Other Applications
3) By End-User: Healthcare Facilities, Homecare, Other End Users
North America was the largest region in the online dermatology consultation market in 2023. The regions covered in the online dermatology consultation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The growing rates of skin conditions are expected to propel the growth of the online dermatology consultation market going forward. Skin conditions refer to dermatologic conditions or skin disorders such as acne, eczema, skin cancer, psoriasis, and vitiligo that affect the skin. Online dermatology consultation, known as tele dermatology, allows patients to consult with dermatologists virtually using telecommunication technologies and provides efficient, convenient, and cost-effective diagnosis and treatment. For instance, in December 2022, according to the data published by ‘The National Psoriasis Foundation, a US-based, organization associated with the awareness related to psoriatic disease, 2022, more than 8 million cases of psoriasis were recorded in the US, which increased from 7.5 million in previous year 2021. Therefore, the rise in the growth rates of skin conditions is driving the growth of the online dermatology consultation market.
Key Industry Players
Major companies operating in the online dermatology consultation market are forming partnerships to develop new products and strengthen their positions in the market. For instance, in November 2021, DermTech Inc., a US-based genomics company entered into an agreement with DermatologistOnCall, an online platform for dermatology care by Iagnosis, Inc., a US-based skincare solutions company. The collaboration aims to enhance access to DermTech’s Melanoma Test through DermatologistOnCall’s telemedicine platform. This partnership enables millions of patients served by DermatologistOnCall to conveniently access DermTech’s non-invasive genomic tests for melanoma, the leading cause of skin cancer deaths. DermatologistOnCall’s broad coverage, affordable pricing, and accessibility make it a valuable platform for individuals seeking comprehensive dermatology care, including precise genomic melanoma testing.
The online dermatology consultation market report table of contents includes:
1. Executive Summary
2. Online Dermatology Consultation Market Characteristics
3. Online Dermatology Consultation Market Trends And Strategies
4. Online Dermatology Consultation Market – Macro Economic Scenario
5. Global Online Dermatology Consultation Market Size and Growth
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31. Global Online Dermatology Consultation Market Competitive Benchmarking
32. Global Online Dermatology Consultation Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Online Dermatology Consultation Market
34. Online Dermatology Consultation Market Future Outlook and Potential Analysis
35. Appendix
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