Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.
Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.
We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.
In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months. Request Insights
Tele-dermatology is a branch of tele-medicine in which the medical facilities are provided by the use of tele-communication technology. This includes the exchange of data over a long distance by different means of communication like audio, video, image etc. The technology can also be used for consultation and educational purposes.
In this era of digitalization and the recent developments in the tele-communication industry a growth for the global tele-medicine market is projected to reach new s in near future. In order to reduce the gap between supply and demand in the medical facilities many company across the globe are giving their best to attract investors to extend their services in the tele-dermatology field. For instance, the U.S. Department of Telemedicine (DLT) has announced USD 8.6 million for the development of tele-health sector of the country. Iagnosis, a U.S. based company providing telemedicine solutions, has raised USD 5 Million to launch an expanded mobile platform for sharing rashes and skin problem images with dermatologists. Likewise, Spruce, a U.S. based telemedicine company focused on building a better way to see the doctor, has announced USD 15 Million of investment in a series of funding.
Whole global Tele-dermatology market is mainly based on the backbone of following sectors:-
On the basis of assistance providers, the global Tele-dermatology market can be divided into:
Growing demand of medical facilities and shortage of skilled dermatologist has forced the government of many countries to invest in the global market of Tele-dermatology.
Geographically, the global Tele-dermatology market is divided in following regions:-
Many remote areas and undeveloped communities are facing a shortage of dermatologists and still wait for the treatment in long queues. Tele-dermatology technology has the potential and can completely satisfy the increasing demands for dermatologists. Tele-dermatology involves the use of communications technology which reduces the time taken to operate the patient provide skin care across the globe and it is an extensively investigated branch of tele-medicine. Due to rapid development in mobile technology, tele-dermatology is a rapidly evolving field which provides face to face consultation between patient and specialist. CLICK TO DOWNLOAD SAMPLE REPORT
Direct consultation, fast communication, specialty referrals, cost effectiveness, Audit ( using online platform a full audit for historical data can be obtained to commission best possible consultations ), Fast and efficient delivery of service based on demand are the main market drivers of global tele-dermatology.
Low acceptance level in developing countries is one of the major barriers in the growth of telemedicine. Patients from developing countries avoid these types of services due to lack of education and awareness. Lack of computing awareness, slow internet connections are also the major restraints of Tele-dermatology market growth.
Tele-dermatology enables the dermatologist to consult the patient remotely. But, dermatologist faces number of problems if they want to give their service in another state as Tele-dermatology licensing rules are different from state to state. In most of the cases, dermatologists need another license or he/she has to pay extra fess to practice in another state. Even if the license is obtained, the dermatologist are asked to follow the medical rules of a particular state, which sometimes are contradicting and cause inconvenience for both the doctors and the patients
In 2015, USD 3.39 billion revenue is generated by the application of Tele-dermatology globally. Dermatology is a perfectly fit for telemedicine due to its uniquely visual disposition that is face to face contact between specialist and patient. With the rapid evolution of communication technology, we can now conduct high-resolution live video chats and data transfer between patient and specialist over the smart mobile phones anywhere in the world.
The idea of telemedicine is becoming prominence in this developing era of digitalization. Tele-dermatology, in particular, is becoming the “next big thing” for the upcoming time.
Following are the leaders providing Tele-dermatology services across the globe:-
Scope and Context
Overview of the Parent Market
Analyst View
Market Size and Growth
Segmentation
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in current dynamic environment
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