Medical Second Opinion Market is expected to reach US$ 10,739.48 million by 2027

by Sameer Joshi or 17-May-2021
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Report : Medical Second Opinion Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Disorder (Cancer, Orthopedic Disorders, Cardiac Disorders, Neurological Disorders, Nephrological Disorders, Hematologic Blood Disorders, COPD, Organ Transplants, and Other Diseases); Service Providers (Hospitals, Health Insurance Companies, and Online Services); and Geography

Digitalization of Medical Consulting Services tbe Prominent Trend in Medical Second Opinion Market
According tour new research study of “Medical Second Opinion Market t2027 – COVID-19 Impact & Global Analysis and Forecasts by Disorders (Cancer, Orthopedic Disorders, Cardiac Disorders, Neurological Disorders, Nephrological Disorders, Hematologic Blood Disorders, COPD, Organ transplant, Others); Service Providers (Hospitals, Health Insurance Companies, Online Services),  and Geography,” the market is expected treach US$ 10,739.48 Mn by 2027 from US$ 3,204.57 Mn in 2019; it is estimated tgrow at a CAGR of 16.8% from 2020 t2027. The report highlights trends prevailing in the global medical second opinion market along with drivers and hindrances pertaining tthe market growth.
Extensively increasing integration of medical services and digital platforms is leading tincreasing popularity and acceptance of digital consultation. The digital consultation ensures patient convenience, improved patient experience, and effective cost management. Further, the deployment of digital platform enables patient tbe consulted from remote locations with superior accessibility tmedical expertise. Rising number of partnerships and collaborations among software developing companies and healthcare institutions is accelerating the digitalization of medical consulting services. For instance, in July 2019, University of ChicagMedicine launched remote second opinion services in collaboration with PinnacleCare, one of the key healthcare advisory companies. The system offers remote health consultation beyond geographic boundaries. Thus, the growing digitalization of medical second opinion services is estimated toffer lucrative opportunities tthe market players.
The global medical second opinion market is segmented on the basis of region intNorth America, Europe, Asia Pacific, the Middle East and Africa, and South and Central America. North America held the largest market share in 2019. The factors fueling the market in this region include increasing prevalence of chronic disorders and growing adoption of medical second opinion tincrease treatment accuracy.
Medisense Healthcare Solutions Pvt. Ltd.; Second Opinion International; Elite Medical Services; Cigna; Helsana; WorldCare; Vidal Health Insurance TPA Pvt Ltd; Medix; 2nd.MD; AXA; Teladoc Health, Inc; DoctorSpring Pvt. Ltd; USARAD Holdings Inc (; Cleveland Clinic; Grand Rounds, Inc.; Mass General Brigham Incorporated. (Partners Healthcare); and Stanford Health Care are among the leading companies operating in the medical second opinion market.
The report analyzes medical second opinion market on the basis of following segments:
By Disorder
  • Cancer 
  • Orthopaedic Disorders 
  • Cardiac Disorders 
  • Neurological Disorders 
  • Nephrological Disorders 
  • Hematologic Blood Disorders 
  • Chronic Obstructive Pulmonary Diseases (COPD)
  • Organ transplant 
  • Other Disorders
By Service Provider
  • Hospitals 
  • Health Insurance Companies 
  • Online Services
By Geography
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • UK
    • Spain
    • Italy
  • Asia Pacific (APAC)
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • Middle East and Africa 
    • Saudi Arabia
    • UAE
    • South Africa
  • South and Central America 
    • Brazil
    • Argentina 
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