Teledermatology Market Size, Share, Growth Analysis, By Type(Services, Products), By Modality(Store-and-Forward (Asynchronous), Real-time (Synchronous), Others), By End Users(Healthcare Facilities, Home Care), By Region - Industry Forecast 2024-2031

The market in North America is likely to be driven by the presence of numerous large-scale businesses such as Dermatologists On Call and MD Live, as well as significant government backing and an increase in teleconsultations. The COVID-19 epidemic has accelerated reforms and acceptance of telehealth by governments, doctors, health systems, and insurance firms across all regions, which is projected to drive the market in the forecast term. Even in India, which has lagged behind in telehealth reform, the Ministry of Health and Family Welfare, in collaboration with NITI Aayog, established official guidelines for telemedicine practices in March 2020.

Furthermore, according to researches, there has been a significant increase in the use of telehealth services in the United States in May 2020, with consumer acceptance of telehealth services rising by 46% in 2020 compared to 11% the previous year to prevent contact with COVID-19. Due to a more developed regulatory and reimbursement framework, China, Singapore, and Australia in APAC, and Sweden, the United Kingdom, and France in Europe, have been the early adopters of telehealth.

During the forecast period, Asia Pacific is expected to be the most lucrative market. The growing usage of telehealth and telemedicine, as well as rising government attempts to improve the healthcare sector, are driving the growth of the tele-dermatology market in Asia Pacific. Furthermore, the industry is predicted to develop due to rising number of internet users and favorable government regulations regarding telehealth and reimbursements.