Medical Second Opinion Market Forecasts to 2028 – Global Analysis By Type (Below 200 USD, 200-500 USD, Above 500 USD), Product (Physical Second Opinions, Online Second Opinions) and By Geography
According to Stratistics MRC, the Global Medical Second Opinion Market is accounted for $3.02 billion in 2020 and is expected to reach $13.97 billion by 2028 growing at a CAGR of 21.1% during the forecast period. The rising inclination for healthcare cost optimization; permitting physicians to screens patient requirements fast and remove treatment delays are driving the market growth. However, lack of consciousness and unwillingness toward opting for a medical second opinion in emerging nations is hampering the growth of the market.
A medical second opinion is a secondary consultation taken by the patient after primary diagnosis. This idea benefits the patients get proper treatment if all the treatment processes happen at one facility. Additionally, the medical second opinion can authenticate diagnosis; thus, it plays an important role in growing the treatment's accurateness. The Second Opinion Medicine market acts as a corresponding field for primary care while given a platform for patient-physician interface worldwide.
Based on the services, the medical condition management segment is going to have lucrative growth during the forecast period, as patients with critical diseases need appropriate analysis with treatment plans for better improvement. Reliant on the patient’s condition there are numerous circumstances in which the second opinion is valuable. If the patient has been directed that surgery is required and needs to check the treatment recommendation, the facility of the second opinion by medical condition management is considered.
By geography, North America is going to have high growth during the forecast period, due to the encouraging business environment for start-ups to grow, healthcare improvements such as the affordable care healthcare act. The major facility providers in the province comprise hospitals and health insurance companies and an upsurge in the elderly population in this province. Furthermore, the expansion of more healthcare facilities and highlighting online consultancy, owing to fast digitalization has also contributed to the market growth.
Some of the key players profiled in the Medical Second Opinion Market include Amradnet, Cynergy Care, Doctor Spring, Elite Medical Services, John Hopkins , Mediguide America, Medix, Teladoc Health,Inc, UC San Diego Health System., World Care International Inc., Johns Hopkins Medicine, HCA Hospitals, Cleveland Clinic MyConsult, Doctor Spring, Second Opinion Expert Inc.
Types Covered:
• Below 200 USD
• 200-500 USD
• Above 500 USD
Products Covered:
• Physical Second Opinions
• Online Second Opinions
Disorder Types Covered:
• COPD (Chronic Obstructive Pulmonary Disease)
• Hematologic Blood Disorders
• Nephrological Disorder
• Injuries
• Kidney And Urological Diseases
• Obstetrics And Gynaecological Disorders and Cancers
• Organ Transplant
• Orthopaedic Disorder
• Rheumatologic Disorders
• Skin Disorders
Services Covered:
• Medical Condition Management
• Medical Peer Review Services
• Post-Acute Care Nursing
Source of Services Covered:
• In-house
• Outsourced
Specialty’s Covered:
• Allergies
• Dermatology
• Endocrinology
• Gastroenterology
• Heart and Vascular Care
• Hematology
• Hepatology
• Neurology
• Oncology
• Ophthalmology
• Otolaryngology
• Pulmonology
• Urology
Supply Providers Covered:
• Hospital Physicians/Specialties
• Health Insurance Players
• Online and Offline Medical Opinion Providers
• Private Clinics
Applications Covered:
• Cardiac Disorders
• Diabetes
• Families
• Neurological disorders
• Ocular Disorders
• Patients
• Respiratory Disorders
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Medical Second Opinion Market, By Type
5.1 Introduction
5.2 Below 200 USD
5.3 200-500 USD
5.4 Above 500 USD
6 Global Medical Second Opinion Market, By Product
6.1 Introduction
6.2 Physical Second Opinions
6.3 Online Second Opinions
7 Global Medical Second Opinion Market, By Disorder Type
7.1 Introduction
7.2 COPD (Chronic Obstructive Pulmonary Disease)
7.3 Hematologic Blood Disorders
7.4 Nephrological Disorder
7.5 Injuries
7.6 Kidney And Urological Diseases
7.7 Obstetrics And Gynaecological Disorders and Cancers
7.8 Organ Transplant
7.9 Orthopaedic Disorder
7.10 Rheumatologic Disorders
7.11 Skin Disorders
8 Global Medical Second Opinion Market, By Service
8.1 Introduction
8.2 Medical Condition Management
8.3 Medical Peer Review Services
8.4 Post-Acute Care Nursing
9 Global Medical Second Opinion Market, By Source of Services
9.1 Introduction
9.2 In-house
9.3 Outsourced
10 Global Medical Second Opinion Market, By Speciality
10.1 Introduction
10.2 Allergies
10.3 Dermatology
10.4 Endocrinology
10.5 Gastroenterology
10.6 Heart and Vascular Care
10.7 Hematology
10.8 Hepatology
10.9 Neurology
10.10 Oncology
10.11 Ophthalmology
10.12 Otolaryngology
10.13 Pulmonology
10.14 Urology
11 Global Medical Second Opinion Market, By Supply Provider
11.1 Introduction
11.2 Hospital Physicians/Specialties
11.3 Health Insurance Players
11.4 Online and Offline Medical Opinion Providers
11.5 Private Clinics
12 Global Medical Second Opinion Market, By Application
12.1 Introduction
12.2 Cardiac Disorders
12.3 Diabetes
12.4 Families
12.5 Neurological disorders
12.6 Ocular Disorders
12.7 Patients
12.8 Respiratory Disorders
13 Global Medical Second Opinion Market, By Geography
13.1 Introduction
13.2 North America
13.2.1 US
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 UK
13.3.3 Italy
13.3.4 France
13.3.5 Spain
13.3.6 Rest of Europe
13.4 Asia Pacific
13.4.1 Japan
13.4.2 China
13.4.3 India
13.4.4 Australia
13.4.5 New Zealand
13.4.6 South Korea
13.4.7 Rest of Asia Pacific
13.5 South America
13.5.1 Argentina
13.5.2 Brazil
13.5.3 Chile
13.5.4 Rest of South America
13.6 Middle East & Africa
13.6.1 Saudi Arabia
13.6.2 UAE
13.6.3 Qatar
13.6.4 South Africa
13.6.5 Rest of Middle East & Africa
14 Key Developments
14.1 Agreements, Partnerships, Collaborations and Joint Ventures
14.2 Acquisitions & Mergers
14.3 New Product Launch
14.4 Expansions
14.5 Other Key Strategies
15 Company Profiling
15.1 Amradnet
15.2 Cynergy Care
15.3 Doctor Spring
15.4 Elite Medical Services
15.5 John Hopkins
15.6 Mediguide America
15.7 Medix
15.8 Teladoc Health,Inc
15.9 UC San Diego Health System.
15.10 World Care International Inc.
15.11 Johns Hopkins Medicine
15.12 HCA Hospitals
15.13 Cleveland Clinic MyConsult
15.14 DoctorSpring
15.15 SecondOpinionExpert Inc.
List of Tables
1 Global Medical Second Opinion Market Outlook, By Region (2019-2028) (US $MN)
2 Global Medical Second Opinion Market Outlook, By Type (2019-2028) (US $MN)
3 Global Medical Second Opinion Market Outlook, By Below 200 USD (2019-2028) (US $MN)
4 Global Medical Second Opinion Market Outlook, By 200-500 USD (2019-2028) (US $MN)
5 Global Medical Second Opinion Market Outlook, By Above 500 USD (2019-2028) (US $MN)
6 Global Medical Second Opinion Market Outlook, By Product (2019-2028) (US $MN)
7 Global Medical Second Opinion Market Outlook, By Physical Second Opinions (2019-2028) (US $MN)
8 Global Medical Second Opinion Market Outlook, By Online Second Opinions (2019-2028) (US $MN)
9 Global Medical Second Opinion Market Outlook, By Disorder Type (2019-2028) (US $MN)
10 Global Medical Second Opinion Market Outlook, By COPD (Chronic Obstructive Pulmonary Disease) (2019-2028) (US $MN)
11 Global Medical Second Opinion Market Outlook, By Hematologic Blood Disorders (2019-2028) (US $MN)
12 Global Medical Second Opinion Market Outlook, By Nephrological Disorder (2019-2028) (US $MN)
13 Global Medical Second Opinion Market Outlook, By Injuries (2019-2028) (US $MN)
14 Global Medical Second Opinion Market Outlook, By Kidney And Urological Diseases (2019-2028) (US $MN)
15 Global Medical Second Opinion Market Outlook, By Obstetrics And Gynaecological Disorders and Cancers (2019-2028) (US $MN)
16 Global Medical Second Opinion Market Outlook, By Organ Transplant (2019-2028) (US $MN)
17 Global Medical Second Opinion Market Outlook, By Orthopaedic Disorder (2019-2028) (US $MN)
18 Global Medical Second Opinion Market Outlook, By Rheumatologic Disorders (2019-2028) (US $MN)
19 Global Medical Second Opinion Market Outlook, By Skin Disorders (2019-2028) (US $MN)
20 Global Medical Second Opinion Market Outlook, By Service (2019-2028) (US $MN)
21 Global Medical Second Opinion Market Outlook, By Medical Condition Management (2019-2028) (US $MN)
22 Global Medical Second Opinion Market Outlook, By Medical Peer Review Services (2019-2028) (US $MN)
23 Global Medical Second Opinion Market Outlook, By Post-Acute Care Nursing (2019-2028) (US $MN)
24 Global Medical Second Opinion Market Outlook, By Source of Services (2019-2028) (US $MN)
25 Global Medical Second Opinion Market Outlook, By In-house (2019-2028) (US $MN)
26 Global Medical Second Opinion Market Outlook, By Outsourced (2019-2028) (US $MN)
27 Global Medical Second Opinion Market Outlook, By Speciality (2019-2028) (US $MN)
28 Global Medical Second Opinion Market Outlook, By Allergies (2019-2028) (US $MN)
29 Global Medical Second Opinion Market Outlook, By Dermatology (2019-2028) (US $MN)
30 Global Medical Second Opinion Market Outlook, By Endocrinology (2019-2028) (US $MN)
31 Global Medical Second Opinion Market Outlook, By Gastroenterology (2019-2028) (US $MN)
32 Global Medical Second Opinion Market Outlook, By Heart and Vascular Care (2019-2028) (US $MN)
33 Global Medical Second Opinion Market Outlook, By Hematology (2019-2028) (US $MN)
34 Global Medical Second Opinion Market Outlook, By Hepatology (2019-2028) (US $MN)
35 Global Medical Second Opinion Market Outlook, By Neurology (2019-2028) (US $MN)
36 Global Medical Second Opinion Market Outlook, By Oncology (2019-2028) (US $MN)
37 Global Medical Second Opinion Market Outlook, By Ophthalmology (2019-2028) (US $MN)
38 Global Medical Second Opinion Market Outlook, By Otolaryngology (2019-2028) (US $MN)
39 Global Medical Second Opinion Market Outlook, By Pulmonology (2019-2028) (US $MN)
40 Global Medical Second Opinion Market Outlook, By Urology (2019-2028) (US $MN)
41 Global Medical Second Opinion Market Outlook, By Supply Provider (2019-2028) (US $MN)
42 Global Medical Second Opinion Market Outlook, By Hospital Physicians/Specialties (2019-2028) (US $MN)
43 Global Medical Second Opinion Market Outlook, By Health Insurance Players (2019-2028) (US $MN)
44 Global Medical Second Opinion Market Outlook, By Online and Offline Medical Opinion Providers (2019-2028) (US $MN)
45 Global Medical Second Opinion Market Outlook, By Private Clinics (2019-2028) (US $MN)
46 Global Medical Second Opinion Market Outlook, By Application (2019-2028) (US $MN)
47 Global Medical Second Opinion Market Outlook, By Cardiac Disorders (2019-2028) (US $MN)
48 Global Medical Second Opinion Market Outlook, By Diabetes (2019-2028) (US $MN)
49 Global Medical Second Opinion Market Outlook, By Families (2019-2028) (US $MN)
50 Global Medical Second Opinion Market Outlook, By Neurological disorders (2019-2028) (US $MN)
51 Global Medical Second Opinion Market Outlook, By Ocular Disorders (2019-2028) (US $MN)
52 Global Medical Second Opinion Market Outlook, By Patients (2019-2028) (US $MN)
53 Global Medical Second Opinion Market Outlook, By Respiratory Disorders (2019-2028) (US $MN)
Note- Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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