Online dermatology consultations make use of a variety of technologies, including mobile apps and video consultations. Teleconsultation can take place in a variety of subspecialties, including dermatology, using a variety of different modalities, one of which is the store-and-forward modality. The majority of this market's applications can be categorized as telemedicine. Recent developments in the field of telemedicine have established themselves as an essential part of modern healthcare services and an essential instrument for expanding patients' access to medical treatment.
Covid-19 Impact
The standards regarding virtual consultations were loosened so that dermatologists could provide uninhibited care to patients who required it. Additionally, coverage for reimbursement was expanded to include online consultations. After the initial outbreak of the pandemic in March of 2020, the Centers for Medicare and Medicaid Services (CMS) made a favorable regulatory change announcement to facilitate the widespread adoption of online medical consultations. Because of the massive shift toward virtual care, every telehealth company has undergone some sort of transformation in order to keep up with the rapidly expanding demand for telemedicine and teledermatology services. During the pandemic that began in April 2020, for example, the number of video consultations conducted by Doctolib, which is the most significant telemedicine player in France, rose from 1,000 per day to 100,000 per day in just one month. This increase occurred in just one month. After the initial peak that the COVID-19 impact caused, it is anticipated that the market will experience steady growth prospects over the course of the forecast period.
North America will dominate the Online Dermatology Consultation Market
The swift adoption and widespread implementation of online platforms by a large number of healthcare organizations would stimulate the expansion of the market in both the United States and Canada. In addition, the growing presence of large-scale players like DermatologistOnCall and MDLive, along with the robust government in the United States, is expected to fuel the growth of the North American market during the forecast period.
Europe will have second largest Online Dermatology Consultation Market
It is anticipated that Europe will hold a sizeable portion of the overall market and rank as the second-largest region worldwide. Countries with rapid economic development, such as Germany, Italy, the United Kingdom, and France, would all significantly contribute to the European market expansion.
The Homecare Segment will dominate the Online Dermatology Consultation Market
As tele dermatology becomes more widely used by patients in the comfort of their own homes, the homecare sector is expected to generate the highest revenue in the global market over the course of the forecast period. Additionally, increased adoption of teleconsultation among the elderly population and the capacity to accurately remotely monitor elderly patients in homecare settings are some factors responsible for expanding this market segment. These factors are responsible because they eliminate the need for elderly patients to make trips to hospitals.
In 2021, the total market size for online dermatology consultations across the globe was estimated to be 2.44 billion USD. The market is anticipated to increase at a compound annual growth rate (CAGR) of 14.9% during the period of the forecast, going from USD 2.80 billion in 2022 to USD 7.38 billion by 2029.
Because of the way the global market is structured right now, there is a pressing requirement to raise people's levels of awareness of tele dermatology platforms in developing and less-developed nations. On the other hand, the growing use of teleconsultation by patients in their own homes and in a variety of healthcare settings for a wide variety of reasons is driving up demand for these services.
Many patients who suffer from dermatological conditions like acne and eczema make their initial appointment with their primary care physician (PCP) or general physician (GP). Tele dermatology eases the workload of dermatologists by providing assistance in the management of patients at the primary care physician (PCP) or general practitioner (GP) level or by referring only the necessary patients to specialists.
Many patients who suffer from dermatological conditions like acne and eczema make their initial appointment with their primary care physician (PCP) or general physician (GP). Tele dermatology eases the workload of dermatologists by providing assistance in the management of patients at the primary care physician (PCP) or general practitioner (GP) level or by referring only the necessary patients to specialists.
The growing incidence of persistent skin conditions like eczema, psoriasis, and cancer is largely responsible for the significant uptick in demand for dermatological services that has been observed.
The leading companies in the global online dermatology consultation are Live Health Online, Doc Prime, iCliniq, Babylon Health, Sanitas, Lybrate, Phasorz Technology, Docs App, Singularity Healthcare, Eclinic, Your Doctors.Online, Call Health, and VSee, eVaidya.
Recent Developments
- Chronic Care Complete, a chronic condition management solution, was introduced by Teladoc Health Inc. in February 2022. This solution assists individuals who are living with multiple chronic conditions in improving the outcomes of their health.
- Doxy.me introduced its transfer feature in February 2022.
- OnlineDoctor completed the acquisition of A.S.S.I.S.T (Automated Scientific Skin Infection Search Technology), a Germany-based startup that specializes in the development of AI for dermatology, in February 2022. With the help of this strategic acquisition, OnlineDoctor will be able to offer artificial intelligence-supported medical products to teledermatology patients.
- An agreement was reached between DermatologistOnCall and DermTech, Inc. in November 2021. DermTech, Inc. is a market leader in precision dermatology, which is enabled by a skin genomics platform that does not involve invasive procedures. Because of this agreement, the DermTech Melanoma Test will be made available for use on the telemedicine platform operated by DermatologistOnCall.
Online Dermatology Consultation Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2029 |
Study Period | 2018-2029 |
Forecast Unit | Value (USD) |
Revenue forecast in 2029 | USD 7.38 billion. |
Growth Rate | CAGR of 14.9% during 2019-2029 |
Segment Covered | By Type, By End- User, By Application, Regions |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | Live Health Online, Doc Prime, iCliniq, Babylon Health, Sanitas, Lybrate, Phasorz Technology, Docs App, Singularity Healthcare, Eclinic, Your Doctors.Online, Call Health, and VSee, eVaidya |
Key segments in ‘Global Online Dermatology Consultation Market’
By Type (USD Billion)
- Real-time
- Store and Forward
- Others
By End-User (USD Billion)
- Healthcare
- Homecare
By Application (USD Billion)
- Skin Care
- Hair Loss
- Sign of Aging
- Others
By region (USD Billion)
- North America
- The United States of America
- Canada
- Mexico
- Europe
- France
- Germany
- Spain
- Greece
- Italy
- Romania
- Belgium
- Holland
- Poland
- Russia
- The United Kingdom
- Asia-Pacific
- Indonesia
- Vietnam
- Malaysia
- Australia
- Thailand
- India
- China
- South Korea
- Others
- South America
- Argentina
- Colombia
- Venezuela
- Portugal
- Brazil
- Colombia
- Peru
- Paraguay
- Uruguay