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Global Medical Second Opinion Market Size, Share, Forecast Report, 2020-2027

Status: Published Category: Healthcare Insight Code: 3414 Format: PDF / PPT / Excel

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The global Medical Second Opinion market garnered revenue around USD XX Billion in 2019 and projected to reach USD 9 Billion in 2027, with at a compound annual growth rate of 16% throughout the estimate period from 2020 to 2027.

A second opinion is a result of seeking an evaluation by another doctor or surgeon to confirm the diagnosis and treatment plan of the primary physician, or to offer an alternative diagnosis and/or treatment approach. High demand for the second opinion due to the outbreak of COVID 19, financial, health and legal costs involved in the treatment, increased need to improve diagnosis and treatment planning are the key factors that are expected to drive the market growth.

The outbreak of COVID 19, leading to increased demand for the second opinion provided by physicians and health insurance providers. The physicians choose to recommend a second opinion if there is a need for better diagnosis and detection of the disease. The health insurance providers recommend a second opinion to know about the insurance coverage for various services.

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Medical Second Opinion market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Medical Second Opinion market growth.

The global Medical Second Opinion market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

SecondOpinionExpert, Inc.

DoctorSpring

2nd MD

Cleveland Clinic MyConsult

Partners Healthcare

HCA Hospitals

Teladoc Health, Inc.

Amradnet

Johns Hopkins Medicine

COM.

Mediguide

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

By Services

Medical Condition Management

Post-Acute Care Nursing

Medical Peer Review Services



Providers

Hospital Physicians/Specialties

Online Physicians Portal

Medical Second Opinion Companies

Health Insurance Companies



Application

Cancer

Diabetes

Cardiac Disorders

Neurological Disorders

Respiratory Disorders

Ocular Disorders



Source of Service

In-house

Outsourced

Regional Analysis and Forecast



Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:



North America

? U.S.

? Canada

Europe

? Germany

? U.K.

? Italy

? France

? Rest of EU

Asia Pacific

? China

? India

? Japan

? Southeast Asia

? Rest of APAC

Central & South America

? Brazil

? Argentina

? Rest of Central & South America

Middle East and Africa

? UAE

? Saudi Arabia

? Rest of MEA

  • Insight Code: 3414
  • No. of Pages: 250
  • Format: PDF/PPT/Excel
  • Published: October 2020
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034