Europe Teledermatology Market

Europe Teledermatology Market Size (2023 to 2028)

The teledermatology market size in Europe is expected to grow from USD 6.06 billion in 2023 to USD 16.04 billion by 2028, growing at a CAGR of 21.5% from 2023 to 2028.

The increasing prevalence of skin disorders in Europe is one of the key factors propelling the Europe teledermatology market growth. Approximately 94 million Europeans experience various skin issues. Factors such as changes in food habits, environmental conditions, hormonal changes, increased smoking habits, and inadequate skin hygiene contribute to the development of these skin issues among the population. Common skin disorders encompass fungal skin infections, acne, psoriasis, atopic dermatitis, and enzyme-related conditions. To address these concerns, individuals are turning to teledermatology, which offers remote treatment and advice without the need for in-person clinic visits. The market also benefits from the growing geriatric population in the region. As individuals age, they may experience skin issues such as wrinkles, dryness, and dullness. Teledermatology provides convenient treatment options without the need for extensive travel, making it particularly appealing to older individuals seeking to address their skin concerns.

The growing adoption of telehealth technology among the European population propels the European market growth. Factors such as busy schedules and the time-consuming nature of direct doctor consultations drive the adoption of telehealth technology in the European region. Furthermore, the influence of social media influencers and the focus of the younger population on appearance led to an increased interest in seeking advice from dermatologists regarding the use of products and medical devices for facial treatment.

The growing number of advancements in teledermatology and rising support from the governments of European countries fuel the growth rate of the European market. The integration of advanced technologies like artificial intelligence, big data and others in teledermatology software enhances the performance of applications and improves the user interface, and enables the seamless adoption of diverse software solutions. The growing investments in R&D enhanced regulatory approvals for software and applications, and the growing utilization of digital devices contribute to regional market growth.

Limited reimbursement policies, lack of standardized regulations, resistance to change and limited access to technology majorly hamper the growth of the European teledermatology market. Data security concerns, fragmented healthcare systems, inadequate infrastructure support and reluctance from healthcare professionals to adopt teledermatology further hinder the regional market growth. Limited patient awareness and acceptance of teledermatology services is another major obstacle to the growth rate of the European market.

This research report on the Europe teledermatology market has been segmented and sub-segmented into the following categories.

Europe Teledermatology Market - By Type:

• Products
• Services
  • Teleconsultation
  • Telemonitoring
  • Tele-education
  • Others

Europe Teledermatology Market - By Modality:

• Store-and-forward (Asynchronous)
• Real-time (Synchronous)
• Others

Europe Teledermatology Market - By End User:

• Healthcare Facilities
• Home Care

Europe Teledermatology Market - By Country:

• UK
• France
• Spain
• Germany
• Italy
• Russia
• Sweden
• Denmark
• Switzerland
• Netherlands
• Turkey
• Czech Republic
• Rest of Europe

The European region held a notable share of the global market in 2022 and is anticipated to hold a prominent share of the worldwide market during the forecast period owing to the growing number of advancements in the healthcare sector and increasing healthcare expenditure by the European population. Telemedicine, particularly teledermatology, has emerged as a valuable tool for remote access treatment, proving essential during the pandemic to mitigate the spread of the virus. Healthcare organizations conduct awareness campaigns and advertisements to promote the significance of teledermatology.

The German teledermatology market accounted for a substantial share of the European market in 2022 and is anticipated to grow promisingly during the forecast period owing to the increasing investments by dermatology clinics in implementing telehealth solutions. The establishment of specialized training centers for dermatologists to deliver teleconsultation services contributes to the European market growth.

The UK is estimated to witness a healthy CAGR during the forecast period due to the growing number of startups and the presence of key players in the teledermatology sector. The rising smartphone usage and internet penetration among the European population fuel the rise of teledermatology in the UK, with nearly 98 percent of adults owning mobile phones.

KEY MARKET PLAYERS:

3Gen Dermatology, Iagnosis, FirstDerm, KRY, and SkinVision are some of the major players in the European teledermatology market.