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.
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.
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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
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The Medical Second Opinion Market is majorly driven by increasing incidence of chronic diseases, rising emphasis on superior treatment outcomes, and rising focus on healthcare cost optimization. The hospital physicians/specialties segment is growing at a highest CAGR owing to the increasing need for improvement during diagnosis and treatment planning. Europe dominated with a significant market share due to the factors such as increased need for better diagnosis & treatment planning, decreasing the financial cost, and simplicity of interaction in European countries.Asia Pacific market is growing at a highest CAGR, due to the increasing number of highly aware people and the high need for better diagnosis as well as treatment in the region.
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