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Teledermatology Market Size & Share

Teledermatology Market

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Teledermatology Market Size & Share

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  1. The tele dermatology market is projected to grow from $8.65 billion in 2023 to $24.88 billion by 2030, with a compound annual growth rate of 16.3%. North America dominates the global market, holding a 46.02% share in 2022, driven by major industry players and high teleconsultation volumes. Key developments include:  Services segment leads the market, with increasing adoption of virtual visits reducing patient wait times  Store-and-forward (asynchronous) technology dominates due to its effectiveness in diagnosis  COVID-19 accelerated adoption, with companies like MDLIVE reporting 4.5% sales growth in 2020  Integration of artificial intelligence, exemplified by Google's AI-powered dermatology tool launch in May 2021 Major challenges include:  Shortage of dermatologists, with expected deficits ranging from 3,800 to 13,400 physicians  Poor reimbursement facilities, particularly in developing countries  Long wait times for consultations, averaging 15 weeks for first appointments in NHS systems Leading companies in the market include:  MetaOptima (Canada)  Ksyos (Netherlands)  3Gen (U.S.)  MDLIVE Inc. (U.S.)  FirstDerm (U.S.) Footnotes Fortune Business Insights - Teledermatology Market Size, Share, Growth | Forecast [2030] https://www.fortunebusinessinsights.com/teledermatology-market-103491

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