www.marketresearchfuture.com
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URL:
https://www.marketresearchfuture.com/reports/medical-second-opinion-market-9701
Submission: On May 23 via api from US — Scanned from DE
Submission: On May 23 via api from US — Scanned from DE
Form analysis 7 forms found in the DOM
GET /reports
<form class="form-horizontal d-flex search m-2" id="search_form" action="/reports" accept-charset="UTF-8" method="get"><input name="utf8" type="hidden" value="✓">
<input class="typeahead form-control me-2 header-search" id="transcription" name="q" aria-label="search_box" placeholder="Search For Reports" type="search" autocomplete="off">
<button class="btn submitbtn" type="submit" style="box-shadow: none !important;">Search</button>
</form>POST /reports/enquiry
<form class="row g-3 form-horizontal mar-top-10" id="requestSample_form" action="/reports/enquiry" accept-charset="UTF-8" method="post"><input name="utf8" type="hidden" value="✓"><input type="hidden" name="authenticity_token"
value="ee0rFGx3eMdSk5+FCYSNqGEvVKfXWLqkW4lpvePgQ6NRAASkK/mdyQC7JNyqU9/64XGovZFP5NlGCOhqMLqY0A==">
<div class="col-md-6">
<input value="" class="form-control" required="required" placeholder="First Name *" id="requestSample_fname" maxlength="70" size="70" type="text" name="enquiry[first_name]">
</div>
<div class="col-md-6">
<input value="" class="form-control mar-btm-0" required="required" placeholder="Last Name *" id="requestSample_lname" maxlength="70" size="70" type="text" name="enquiry[last_name]">
</div>
<div class="col-12">
<input value="" class="form-control" placeholder="Business Email *" required="required" id="requestSample_email" maxlength="70" size="70" type="email" name="enquiry[email]">
<span class="invalid">Please fill in Business Email for Quick Response</span>
</div>
<div class="col-md-6">
<input class="form-control" placeholder="Company *" id="requestSample_company" maxlength="100" size="100" type="text" name="enquiry[company]">
<span class="invalid" style="color:red;display:none;font-weight: bold;">Please fill in Company Name</span>
</div>
<div class="col-md-6">
<input value="" class="form-control" placeholder="Job Title / Designation *" id="requestSample_job_title" maxlength="100" size="100" type="text" name="enquiry[job_title]">
<span class="invalid" style="color:red;display:none;font-weight: bold;">Please fill in Job Title</span>
</div>
<div class="col-md-6">
<select class="form-control form-select" required="required" id="requestSample_country_id" name="enquiry[country_id]">
<option value="">Select Country</option>
<option value="1">afghanistan</option>
<option value="2">albania</option>
<option value="3">algeria</option>
<option value="4">american samoa</option>
<option value="5">andorra</option>
<option value="6">angola</option>
<option value="7">anguilla</option>
<option value="8">antigua & barbuda</option>
<option value="9">argentina</option>
<option value="10">armenia</option>
<option value="11">aruba</option>
<option value="12">australia</option>
<option value="13">austria</option>
<option value="14">azerbaijan</option>
<option value="15">bahamas</option>
<option value="16">bahrain</option>
<option value="17">bangladesh</option>
<option value="18">barbados</option>
<option value="19">belarus</option>
<option value="20">belgium</option>
<option value="21">belize</option>
<option value="22">benin</option>
<option value="23">bermuda</option>
<option value="24">bhutan</option>
<option value="25">bolivia</option>
<option value="26">bosnia & herzegovina</option>
<option value="27">botswana</option>
<option value="28">brazil</option>
<option value="29">brunei</option>
<option value="30">bulgaria</option>
<option value="31">burkina faso</option>
<option value="32">burundi</option>
<option value="33">cambodia</option>
<option value="34">cameroon</option>
<option value="35">canada</option>
<option value="36">cabo verde</option>
<option value="37">cayman islands</option>
<option value="38">central african republic</option>
<option value="39">chad</option>
<option value="40">chile</option>
<option value="41">china</option>
<option value="42">colombia</option>
<option value="43">comoros</option>
<option value="44">congo-brazzaville</option>
<option value="45">congo-kinshasa</option>
<option value="46">cook islands</option>
<option value="47">costa rica</option>
<option value="48">cote d"ivoire</option>
<option value="49">croatia</option>
<option value="50">cuba</option>
<option value="51">cyprus</option>
<option value="52">czech republic</option>
<option value="53">denmark</option>
<option value="54">djibouti</option>
<option value="55">dominica</option>
<option value="56">dominican republic</option>
<option value="57">ecuador</option>
<option value="58">egypt</option>
<option value="59">el salvador</option>
<option value="60">equatorial guinea</option>
<option value="61">eritrea</option>
<option value="62">estonia</option>
<option value="63">ethiopia</option>
<option value="64">falkland (malvinas)</option>
<option value="65">faroes</option>
<option value="66">fiji</option>
<option value="67">finland</option>
<option value="68">france</option>
<option value="69">french-guiana</option>
<option value="70">tahiti(french polinesia)</option>
<option value="71">gabon</option>
<option value="72">gambia</option>
<option value="73">georgia</option>
<option value="74">germany</option>
<option value="75">ghana</option>
<option value="76">gibraltar</option>
<option value="77">greece</option>
<option value="78">greenland</option>
<option value="79">grenada</option>
<option value="80">guadeloupe</option>
<option value="81">guam</option>
<option value="82">guatemala</option>
<option value="83">guinea</option>
<option value="84">guinea-bissau</option>
<option value="85">guyana</option>
<option value="86">haiti</option>
<option value="87">vatican city</option>
<option value="88">honduras</option>
<option value="89">hong kong</option>
<option value="90">hungary</option>
<option value="91">iceland</option>
<option value="92">india</option>
<option value="93">indonesia</option>
<option value="94">iran</option>
<option value="95">iraq</option>
<option value="96">ireland</option>
<option value="97">israel</option>
<option value="98">italy</option>
<option value="99">jamaica</option>
<option value="100">japan</option>
<option value="101">jordan</option>
<option value="102">kazakhstan</option>
<option value="103">kenya</option>
<option value="104">kiribati</option>
<option value="105">north korea</option>
<option value="106">south korea</option>
<option value="107">kuwait</option>
<option value="108">kyrgyzstan</option>
<option value="109">laos</option>
<option value="110">latvia</option>
<option value="111">lebanon</option>
<option value="112">lesotho</option>
<option value="113">liberia</option>
<option value="114">libya</option>
<option value="115">liechtenstein</option>
<option value="116">lithuania</option>
<option value="117">luxembourg</option>
<option value="118">macao</option>
<option value="119">macedonia</option>
<option value="120">madagascar</option>
<option value="121">malawi</option>
<option value="122">malaysia</option>
<option value="123">maldives</option>
<option value="124">mali</option>
<option value="125">malta</option>
<option value="126">marshall islands</option>
<option value="127">martinique</option>
<option value="128">mauritania</option>
<option value="129">mauritius</option>
<option value="130">mexico</option>
<option value="131">micronesia</option>
<option value="132">moldova</option>
<option value="133">monaco</option>
<option value="134">mongolia</option>
<option value="135">montserrat</option>
<option value="136">morocco</option>
<option value="137">mozambique</option>
<option value="138">myanmar</option>
<option value="139">namibia</option>
<option value="140">nauru</option>
<option value="141">nepal</option>
<option value="142">netherlands</option>
<option value="143">netherlands antilles</option>
<option value="144">new caledonia</option>
<option value="145">new zealand</option>
<option value="146">nicaragua</option>
<option value="147">niger</option>
<option value="148">nigeria</option>
<option value="150">norfolk</option>
<option value="151">northern mariana</option>
<option value="152">norway</option>
<option value="153">oman</option>
<option value="154">pakistan</option>
<option value="155">palau</option>
<option value="156">panama</option>
<option value="157">papua new guinea</option>
<option value="158">paraguay</option>
<option value="159">peru</option>
<option value="160">philippines</option>
<option value="161">pitcairn</option>
<option value="162">poland</option>
<option value="163">portugal</option>
<option value="164">puerto rico</option>
<option value="165">qatar</option>
<option value="166">reunion</option>
<option value="167">romania</option>
<option value="168">russian federation</option>
<option value="169">rwanda</option>
<option value="170">saint helena</option>
<option value="171">st kitts & nevis</option>
<option value="172">saint lucia</option>
<option value="173">saint pierre and miquelon</option>
<option value="174">st vincent & the grenadines</option>
<option value="175">samoa</option>
<option value="176">san marino</option>
<option value="177">sao tome & principe</option>
<option value="178">saudi arabia</option>
<option value="179">senegal</option>
<option value="180">seychelles</option>
<option value="181">sierra leone</option>
<option value="182">singapore</option>
<option value="183">slovakia</option>
<option value="184">slovenia</option>
<option value="185">solomon islands</option>
<option value="186">somalia</option>
<option value="187">south africa</option>
<option value="188">spain</option>
<option value="189">sri lanka</option>
<option value="190">sudan</option>
<option value="191">suriname</option>
<option value="192">svalbard and jan mayen</option>
<option value="193">swaziland</option>
<option value="194">sweden</option>
<option value="195">switzerland</option>
<option value="196">syria</option>
<option value="197">taiwan</option>
<option value="198">tajikistan</option>
<option value="199">tanzania</option>
<option value="200">thailand</option>
<option value="201">togo</option>
<option value="202">tokelau</option>
<option value="203">tonga</option>
<option value="204">trinidad & tobago</option>
<option value="205">tunisia</option>
<option value="206">turkey</option>
<option value="207">turkmenistan</option>
<option value="208">turks and caicos islands</option>
<option value="209">tuvalu</option>
<option value="210">uganda</option>
<option value="211">ukraine</option>
<option value="212">united arab emirates</option>
<option value="213">united kingdom</option>
<option value="214">united states of america</option>
<option value="215">uruguay</option>
<option value="216">uzbekistan</option>
<option value="217">vanuatu</option>
<option value="218">venezuela</option>
<option value="219">viet nam</option>
<option value="220">virgin islands british</option>
<option value="221">virgin islands us</option>
<option value="222">wales</option>
<option value="223">western sahara</option>
<option value="224">yemen</option>
<option value="225">zambia</option>
<option value="226">zimbabwe</option>
<option value="228">timor-leste</option>
<option value="229">curacao</option>
<option value="230">st kitts & nevis</option>
<option value="231">sint maarten</option>
<option value="232">guernsey</option>
<option value="233">isle of man</option>
<option value="234">jersey</option>
<option value="235">niue</option>
<option value="236">montenegro</option>
<option value="237">serbia</option>
</select>
</div>
<div class="col-md-6">
<input value="" class="form-control bfh-phone" autocomplete="nope" placeholder="Phone no *" required="required" maxlength="70" minlength="6" id="enquiry_phone_no" size="70" type="tel" name="enquiry[phone_no]">
<span id="error-msg" class="hide" style="display:none;"><span class="translation_missing" title="translation missing: en.activerecord.errors.invalid">Invalid</span></span>
</div>
<div class="col-12">
<textarea class="form-control" style="height:100px" placeholder="Share your specific area of interest for our analysts to help you." id="requestSample_enquiry" maxlength="750" name="enquiry[interest_area]"></textarea>
<input value="sample_request" class="form-control" type="hidden" name="enquiry[enquiry_type]" id="enquiry_enquiry_type">
<input value="9701" class="form-control" type="hidden" name="enquiry[report_id]" id="enquiry_report_id">
</div>
<div class="col-md-12">
<center>
<button name="button" type="submit" class="btn btn-primary " style="width:50%;" id="submit_sample"> Download PDF </button>
</center>
</div>
<div class="col-md-12 inform">
<p> We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out. </p>
</div>
</form>POST /shopping_cart?report_id=9701
<form class="form-horizontal" style="margin-bottom:10px;" action="/shopping_cart?report_id=9701" accept-charset="UTF-8" method="post"><input name="utf8" type="hidden" value="✓"><input type="hidden" name="authenticity_token"
value="gkVU10JHoBdNpCyuXeguX3odBkMaGRTSnVl9M+AVZ36qqHtnBclFGR+Ml/f+P3wN+kP6WVwOSq+A2PzkM0+8DQ==">
<input type="radio" name="currency" id="currency_one_user-USD" value="one_user-USD" class="_price col-md-1 d-none" aria-label="one-user" checked="checked">
<input type="hidden" name="report_id" id="report_id" value="9701">
<button type="submit" id="send1" class="btn btn-primary show_hide call_to_action" style="border: 2px solid #0D7AA8; background: #FFF; color: #000;"> Buy Now</button>
</form>POST /shopping_cart?report_id=9701
<form action="/shopping_cart?report_id=9701" accept-charset="UTF-8" method="post"><input name="utf8" type="hidden" value="✓"><input type="hidden" name="authenticity_token"
value="ZBwajbtqfVObEu3AeTf1CAxa1Vc0L8WcNQa0F1S1TudM8TU9/OSYXck6Vpna4KdajAQpTXI4m+EohzXAh++VlA==">
<table class="table purchase-table table-striped mar-top-10">
<thead>
<tr>
<th colspan="3">Purchase Option</th>
</tr>
</thead>
<tbody>
<tr>
<td><input type="radio" name="currency" id="category" value="one_user-USD" class="_price col-md-1 check--label-box" checked="checked"></td>
<td>Single User</td>
<td>$ 4,950</td>
</tr>
<tr>
<td> <input type="radio" name="currency" id="category" value="site_user-USD" class="_price col-md-1 check--label-box "> </td>
<td>Multiuser License</td>
<td>$ 5,950</td>
</tr>
<tr>
<td> <input type="radio" name="currency" id="category" value="enterprise_user-USD" class="_price col-md-1 check--label-box"></td>
<td>Enterprise User</td>
<td>$ 7,250 </td>
</tr> <input type="hidden" name="report_id" id="report_id" value="9701">
<tr>
<td colspan="3" style="text-align: center;"><a href="#" data-bs-toggle="modal" data-bs-target="#comparelicence" style="color: #0D7AA8;text-align: center;text-decoration: underline;">Compare Licenses</a></td>
</tr>
</tbody>
</table>
<button type="submit" id="send" class="btn btn-primary" style="border: 2px solid #0D7AA8; background: #FFF; color: #000;">Buy Now</button>
</form>POST /enquiry
<form class="row g-3" id="requestSample_form" action="/enquiry" accept-charset="UTF-8" method="post"><input name="utf8" type="hidden" value="✓"><input type="hidden" name="authenticity_token"
value="hEBZXtqjREIaGiFeWA3dr8lrxOAQBMKiXeIjaLo5+A2srXbunS2hTEgymgf72o/9STU4+lYTnN9AY6K/aWMjfg==">
<div class="col-md-2">
<label for="full_name"> Full Name</label>
</div>
<div class="col-md-5">
<input value="" class="form-control " required="required" placeholder="First Name" id="requestSample_fname" maxlength="70" size="70" type="text" name="enquiry[first_name]">
</div>
<div class="col-md-5">
<input value="" class="form-control " required="required" placeholder="Last Name" id="requestSample_lname" maxlength="70" size="70" type="text" name="enquiry[last_name]">
</div>
<div class="col-md-2">
<label for="email"> Your Email</label>
</div>
<div class="col-md-5">
<input value="" class="form-control" placeholder="Business Email" required="required" id="requestSample_email" maxlength="70" size="70" type="email" name="enquiry[email]">
</div>
<div class="col-md-5">
<input value="" class="form-control " placeholder="Job Title / Designation *" required="required" id="requestSample_job_title" maxlength="100" size="100" type="text" name="enquiry[job_title]">
</div>
<div class="col-md-2">
<label for="company">Company</label>
</div>
<div class="col-md-5">
<input class="form-control " placeholder="Company *" required="required" id="requestSample_company" maxlength="100" size="100" type="text" name="enquiry[company]">
</div>
<div class="col-md-5">
<input type="text" class="form-control" id="enquiry_phone_no" placeholder="Phone No." required="">
</div>
<div class="col-md-2">
<label for="message">Your Message</label>
</div>
<div class="col-10">
<textarea class="form-control " style="height:100px" placeholder="Share your specific area of interest for our analysts to help you." id="requestSample_enquiry" maxlength="750" name="enquiry[interest_area]"></textarea>
<input value="pdf_sample_request" class="form-control" type="hidden" name="enquiry[enquiry_type]" id="enquiry_enquiry_type">
<input value="9701" class="form-control" type="hidden" name="enquiry[report_id]" id="enquiry_report_id">
</div>
<div class="col-md-12">
<center>
<button name="button" type="submit" class="btn btn-primary" id="submit_sample"> Request Free Sample </button>
</center>
</div>
<div class="col-md-12 inform">
<p> We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out. </p>
</div>
</form>POST /shopping_cart?report_id=9701
<form class="form-horizontal" action="/shopping_cart?report_id=9701" accept-charset="UTF-8" method="post"><input name="utf8" type="hidden" value="✓"><input type="hidden" name="authenticity_token"
value="YfoVxESSA9VYlXg+EJDtUYBMhT5X3aWDYSBFv2Ka5thJFzp0Axzm2wq9w2ezR78DABJ5JBHK+/58ocRoscA9qw==">
<div class="licence ">
<table class="table-striped mar-top-10">
<tbody>
<tr style="font-size: 20px" ;="" class="heading">
<th rowspan="2" style="font-weight: 400; text-align: center; border-radius: 9px 0px 0px 0px; border: none;"> FEATURES </th>
<th colspan="3" style="font-weight: 400; text-align: center; border-radius: 0px 9px 0px 0px; border-right: none; border-top: none;"> LICENCE TYPE <button type="button" class="btn-close pull-right" data-bs-dismiss="modal"
aria-label="Close"></button>
</th>
</tr>
<tr class="heading">
<td style="width: 24%;">Single User</td>
<td style="width: 24%;">Multiuser Licence</td>
<td>Enterprise User</td>
</tr>
<tr>
<td>Price</td>
<td>$ 4,950</td>
<td>$ 5,950</td>
<td>$ 7,250</td>
</tr>
<tr>
<td>Maximum User Access Limit</td>
<td>1 User</td>
<td>Upto 10 Users</td>
<td>Unrestricted Access Throughout The Organization.</td>
</tr>
<tr>
<td>Free Customization</td>
<td><img alt="vector" src="/assets/new_images/vector1-fdd8b97a50ef52f3025b1ea33946cf2b7ccf6fcf9975b2b329d949f13dc590aa.png"></td>
<td><img alt="vector" src="/assets/new_images/vector1-fdd8b97a50ef52f3025b1ea33946cf2b7ccf6fcf9975b2b329d949f13dc590aa.png"></td>
<td><img alt="vector" src="/assets/new_images/vector1-fdd8b97a50ef52f3025b1ea33946cf2b7ccf6fcf9975b2b329d949f13dc590aa.png"></td>
</tr>
<tr>
<td>Direct access to the Analyst</td>
<td><img alt="vector" src="/assets/new_images/vector1-fdd8b97a50ef52f3025b1ea33946cf2b7ccf6fcf9975b2b329d949f13dc590aa.png"></td>
<td><img alt="vector" src="/assets/new_images/vector1-fdd8b97a50ef52f3025b1ea33946cf2b7ccf6fcf9975b2b329d949f13dc590aa.png"></td>
<td><img alt="vector" src="/assets/new_images/vector1-fdd8b97a50ef52f3025b1ea33946cf2b7ccf6fcf9975b2b329d949f13dc590aa.png"></td>
</tr>
<tr>
<td rowspan="2">Deliverable Format </td>
<td><img alt="vector" src="/assets/new_images/vector1-fdd8b97a50ef52f3025b1ea33946cf2b7ccf6fcf9975b2b329d949f13dc590aa.png"></td>
<td><img alt="vector" src="/assets/new_images/vector1-fdd8b97a50ef52f3025b1ea33946cf2b7ccf6fcf9975b2b329d949f13dc590aa.png"></td>
<td><img alt="vector" src="/assets/new_images/vector1-fdd8b97a50ef52f3025b1ea33946cf2b7ccf6fcf9975b2b329d949f13dc590aa.png"></td>
</tr>
<tr>
<!-- <td rowspan="2">Excel </td> -->
<td><img alt="vector" src="/assets/new_images/vector2-c9bf8bc62355e307387c5c3147206fbb97dee6eccf4174474893e731396e434e.svg"></td>
<td><img alt="vector" src="/assets/new_images/vector1-fdd8b97a50ef52f3025b1ea33946cf2b7ccf6fcf9975b2b329d949f13dc590aa.png"></td>
<td><img alt="vector" src="/assets/new_images/vector1-fdd8b97a50ef52f3025b1ea33946cf2b7ccf6fcf9975b2b329d949f13dc590aa.png"></td>
</tr>
<tr>
<td>Platform Access</td>
<td><img alt="vector" src="/assets/new_images/vector2-c9bf8bc62355e307387c5c3147206fbb97dee6eccf4174474893e731396e434e.svg"></td>
<td><img alt="vector" src="/assets/new_images/vector2-c9bf8bc62355e307387c5c3147206fbb97dee6eccf4174474893e731396e434e.svg"></td>
<td><img alt="vector" src="/assets/new_images/vector1-fdd8b97a50ef52f3025b1ea33946cf2b7ccf6fcf9975b2b329d949f13dc590aa.png"></td>
</tr>
<tr>
<td>Discount on Your Next Purchase</td>
<td>10%</td>
<td>15%</td>
<td>10%</td>
</tr>
<tr>
<td>Printable Versions</td>
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4. Medical Second Opinion Market
MEDICAL SECOND OPINION MARKET RESEARCH REPORT: INFORMATION BY APPLICATION
(CANCER, DIABETES, CARDIAC DISORDERS, NEUROLOGICAL DISORDERS, RESPIRATORY
DISORDERS AND OCULAR DISORDERS), BY SOURCE OF SERVICE (IN-HOUSE AND OUTSOURCED),
BY SERVICES (MEDICAL CONDITION MANAGEMENT, POST-ACUTE CARE NURSING AND MEDICAL
PEER REVIEW SERVICES), BY TYPE (HOSPITALS PHYSICIANS/SPECIALTIES, ONLINE
PHYSICIANS PORTAL, MEDICAL SECOND OPINION COMPANIES AND HEALTH INSURANCE
COMPANIES), AND BY REGION (NORTH AMERICA, EUROPE, ASIA-PACIFIC, AND REST OF THE
WORLD) –MARK
ID: MRFR/HC/8223-HCR | 120 Pages | Author: Kinjoll Dey| May 2024
* Summary
* Segmentation
* Table of Content
* Infographic
* Download PDF
GLOBAL MEDICAL SECOND OPINION MARKET OVERVIEW
Medical Second Opinion Market Size was valued at USD 4.3 Billion in 2022. The
medical second opinion market industry is projected to grow from USD 4.91
Billion in 2023 to USD 14.31 Billion by 2032, exhibiting a compound annual
growth rate (CAGR) of 14.30% during the forecast period (2023 - 2032). The
primary market driver driving the market for medical second opinions is the
rising trend in second opinions for medical services. Patients increasingly
visit multiple doctors to learn about their conditions' various treatment
options as diagnostic testing becomes more common. A further benefit of
increased awareness is that more people are willing to see multiple doctors
before undergoing major procedures or treatments. This element is fueling the
expansion of the market for second opinions in medicine.
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Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
MEDICAL SECOND OPINION MARKET TRENDS
* Growing Desire for Healthcare Cost Optimization Has Facilitated Market Growth
Patients worldwide are experiencing increased financial hardships as a result of
healthcare services. The demand for healthcare cost optimization is growing due
to rising healthcare-related costs and limited resource availability due to a
scarcity of healthcare experts globally. In addition, the market for second
medical opinions is being stimulated by an increased focus on containing
additional expenses and a greater consciousness of potential fraud by healthcare
organizations, particularly in low- and middle-income countries. Medical second
views can give patients a lot of knowledge when deciding on major surgical or
primary case decisions. Additionally, medical second opinion specialists assess
surgical procedure recommendations in light of fresh medical diagnoses, a review
of the body of medical knowledge, and an assessment of various therapeutic
alternatives to surgery. The expense of treatment may be reduced due to these
qualities of the second opinion. Additionally, receiving a second opinion before
having surgery may lower the chance of surgical complications, which can result
in greater medical costs. The World Health Organisation estimates that in 2019,
problems from surgical operations affected about 25% of patients. Due to these
reasons, more people are seeking a second opinion.
In order to improve cancer detection and treatments, people are more interested
in seeking a medical second opinion, according to the Annals of Surgical
Oncology. According to the World Health Organisation, around 10.6 million people
worldwide died from cancer in 2019. The prevalence of cancer has also increased
as a result of an increase in risk factors such as excessive alcohol and
cigarette use, obesity, and a poor diet. In conclusion, a significant growth
driver for the market CAGR in the next years will be the high prevalence of
cancer and the growing number of cancer patients seeking second opinions.
Patients with cancer tend to want a second opinion because they think that
doctors may be able to offer more information and alternative treatment options.
Getting a second opinion involves a patient asking a few other specialized
doctors to confirm their diagnosis and validate their course of therapy, as well
as an alternate review of their diagnosis.
Many people now seek a second opinion before major surgical procedures due to
the growing gulf between the public and medical professionals in recent years.
Increased exposure to risk factors, including smoking, binge drinking, eating
poorly, and being overweight, is also anticipated to worsen the rising cancer
prevalence. Consequently, throughout the forecast period, it is anticipated that
rising cancer rates and the number of cancer patients seeking a second opinion
will hasten the expansion rate of the market for medical second opinions. Thus,
driving the medical second opinion market revenue.
MEDICAL SECOND OPINION MARKET SEGMENT INSIGHTS
MEDICAL SECOND OPINION APPLICATION INSIGHTS
The medical second opinion market segmentation, based on application includes
Cancer, Diabetes, Cardiac Disorders, Neurological Disorders, Respiratory
Disorders and Ocular Disorders. The cancer segment dominated the market The high
incidence of cancer worldwide and the rise in cancer patients seeking second
opinions will be major growth drivers for the market. For instance, according to
the WHO, cancer will be the leading reason for the death globally in 2020,
accounting for around 10 million fatalities, or about one in every six deaths.
Additionally, the majority of cancer patients want to seek a second opinion
because they believe medical professionals can provide more information and
other treatment alternatives.
MEDICAL SECOND OPINION SOURCE OF SERVICE INSIGHTS
The medical second opinion market segmentation, based on source of service,
includes In-House and Outsourced. The outsourced category generated the most
income. The term "Outsourced" in the medical second opinion market refers to
second opinion services received from external providers or organizations other
than the patient's present healthcare facility. These professionals, who may
work alone or in collaboration with hospitals, insurance companies, or other
healthcare institutions, offer second views to patients. Additionally, internet
portals for second opinions offer patients a practical and accessible option to
get second opinions from medical professionals.
Figure 1: Medical Second Opinion Market, by Source of Service, 2022 & 2032 (USD
Billion)
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Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
MEDICAL SECOND OPINION SERVICES INSIGHTS
The medical second opinion market segmentation, based on services includes
Medical Condition Management, Post-Acute Care Nursing and Medical Peer Review
Services. The medical peer review services segment dominated the market.
In-depth examinations of the patient's medical records, including test outcomes,
imaging scans, lab findings, and a history of prior treatments, are frequently
included in second opinion services. Before offering their expert judgment, the
medical peer review services thoroughly examine these documents to get a
thorough picture of the patient's situation.
MEDICAL SECOND OPINION TYPE INSIGHTS
The medical second opinion market segmentation, based on type includes Hospitals
Physicians/Specialties, Online Physicians Portal, Medical Second Opinion
Companies and Health Insurance Companies. The online physicians segment
dominated the market due to people's growing understanding of the value of using
internet services. The expansion of digital platforms is giving online platforms
a huge boost. Online consulting is anticipated to have tremendous development,
with its growth rate projected to be significantly higher during the pandemic.
The main driver of this market's expansion is a rise in public awareness of the
advantages of online consulting.
MEDICAL SECOND OPINION REGIONAL INSIGHTS
By region, the study provides the market insights into North America, Europe,
Asia-Pacific and Rest of the World. The North American medical second opinion
market area will dominate this market because of the healthcare reforms like the
Affordable Care Healthcare Act and the favorable business environment for
startups to flourish. Hospitals and health insurance firms rank among the
region's major service providers. Growing numbers of older adults reside in this
area, which is what is fueling the market's expansion. Additionally, the rapid
digitization and emphasis on online consulting due to the construction of more
healthcare institutions have substantially contributed to the revenue.
Further, the major countries studied in the market report are The US, Canada,
German, France, the UK, Italy, Spain, China, Japan, India, Australia, South
Korea, and Brazil.
Figure 2: MEDICAL SECOND OPINION MARKET SHARE BY REGION 2022 (USD Billion)
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Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe medical second opinion market accounts for the second-largest market
share. One important aspect supporting the expansion of the European market is
the expanding aging population with health insurance. Additionally, the rising
adoption of technology has accelerated the digitization of consulting, aiding
industry expansion. Additionally, the market benefits from the expanding
government initiatives that encourage people to purchase health insurance.
Further, the German medical second opinion market held the largest market share,
and the UK medical second opinion market was the fastest growing market in the
European region
The Asia-Pacific Medical second opinion Market is expected to grow at the
fastest CAGR from 2023 to 2032 due to the rising demand for better diagnosis and
treatment in this area and the increased number of informed individuals. The
availability of lower costs and ease of contact, as well as improving treatment
outcomes and the significant burden of chronic diseases as a result of changing
lifestyles, all support the region's market position. Moreover, China’s medical
second opinion market held the largest market share, and the Indian medical
second opinion market was the fastest growing market in the Asia-Pacific region.
Medical Second Opinion Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in
order to expand their product lines, which will help the medical second opinion
market, grow even more. Market participants are also undertaking a variety of
strategic activities to expand their footprint, with important market
developments including new product launches, contractual agreements, mergers and
acquisitions, higher investments, and collaboration with other organizations. To
expand and survive in a more competitive and rising market climate, medical
second opinion industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business
tactics used by manufacturers in the medical second opinion industry to benefit
clients and increase the market sector. In recent years, the medical second
opinion industry has offered some of the most significant advantages to market.
Major players in the medical second opinion market attempting to increase market
demand by investing in research and development operations include
SecondOpinionExpert, Inc., (California), DoctorSpring (California), 2nd MD
(Houston), Cleveland Clinic MyConsult, Partners Healthcare, HCA Hospitals (US),
Teladoc Health, Inc., (US), Amradnet (US), Johns Hopkins Medicine, and XMRI.COM.
The Cleveland Clinic Foundation (Cleveland Clinic) is a non-profit,
multi-specialty medical institution offering clinical and hospital care
services. A network of medical facilities runs it. The business offers services
in conjunction with academic and research institutions. The network of
facilities operated by Cleveland Clinic consists of regional hospitals, regional
care centers, a children's hospital, research labs, and centers for pathology,
cancer, eye, heart, and urologic care. In January 2018, Cleveland Clinic and
Martin Health System established a subsidiary agreement to improve
patient-centered care, create quality improvement programmes, and produce
effective results.
The virtual healthcare services offered by Teladoc Health Inc. (Teladoc Health)
range from wellness and preventive to acute care and complex healthcare
requirements. It provides primary care services for managing chronic illnesses,
mental health counseling, individualized digital healthcare solutions, and
virtual access to professionals with expertise in episodic requirements,
including flu and upper respiratory infections, cancer, and congestive heart
failure. For virtual healthcare delivery, Teladoc Health leverages an API-driven
technology platform with several real-time integrations spanning the healthcare
industry.
Key Companies in the medical second opinion market include
* SecondOpinionExpert, Inc., (California)
* DoctorSpring (California)
* 2nd MD (Houston)
* Cleveland Clinic MyConsult
* Partners Healthcare
* HCA Hospitals (US)
* Teladoc Health, Inc., (US)
* Amradnet (US)
* Johns Hopkins Medicine
* XMRI.COM
Medical Second Opinion Industry Developments
January 2023:Amwell, a telehealth provider, and Transcarent, a provider of
digital health services, teamed up to create the Clinic by Cleveland Clinic, a
project for virtual therapy. Members of Transcarent will be entitled to a
second, individualized opinion and a reassessment of their diagnosis or
treatment plan.
January 2022:To provide their patient's access to foreign second opinions,
Apollo Hospitals partnered with the Cleveland Clinic in the US. Anyone
interested in receiving a second opinion from a qualified expert on the other
side of the globe should contact an Apollo consultant.
January 2022:For $460 million, Accolade purchased a platform for second
opinions. Employees should have access to a second opinion when making important
medical decisions, such as whether or not to have surgery.
January 2021:Lybrate, a company that helps patients understand their health
benefits, will purchase MD for D 460 million. The idea is to give employees
access to a second opinion when making crucial health decisions, like whether to
have surgery.
MEDICAL SECOND OPINION MARKET SEGMENTATION
MEDICAL SECOND OPINION APPLICATION OUTLOOK
* Cancer
* Diabetes
* Cardiac Disorders
* Neurological Disorders
* Respiratory Disorders
* Ocular Disorders
MEDICAL SECOND OPINION SOURCE OF SERVICE OUTLOOK
* IN-HOUSE
* OUTSOURCED
MEDICAL SECOND OPINION SERVICES OUTLOOK
* Medical Condition Management
* Post-Acute Care Nursing
* Medical Peer Review Services
MEDICAL SECOND OPINION TYPE OUTLOOK
* Hospitals Physicians/Specialties
* Online Physicians Portal
* Medical Second Opinion Companies
* Health Insurance Companies
MEDICAL SECOND OPINION REGIONAL OUTLOOK
* North America
* US
* Canada
* Europe
* Germany
* France
* UK
* Italy
* Spain
* Rest of Europe
* Asia-Pacific
* China
* Japan
* India
* Australia
* South Korea
* Australia
* Rest of Asia-Pacific
* Rest of the World
* Middle East
* Africa
* Latin America
Report Attribute/Metric Details Market Size 2022 USD 4.3 Billion Market Size
2023 USD 4.91 Billion Market Size 2032 USD 14.318 Billion Compound Annual Growth
Rate (CAGR) 14.30% (2023-2032) Base Year 2022 Market Forecast Period 2023-2032
Historical Data 2018- 2022 Market Forecast Units Value (USD Billion) Report
Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and
Trends Segments Covered Application, Source of Service, Services, Opinion Type,
and Region Geographies Covered North America, Europe, Asia Pacific, and the Rest
of the World Countries Covered The US, Canada, German, France, UK, Italy, Spain,
China, Japan, India, Australia, South Korea, and Brazil Key Companies Profiled
SecondOpinionExpert, Inc., (California), DoctorSpring (California), 2nd MD
(Houston), Cleveland Clinic MyConsult, Partners Healthcare, HCA Hospitals (US),
Teladoc Health, Inc., (US), Amradnet (US), Johns Hopkins Medicine, and XMRI.COM
Key Market Opportunities The Outbreak of COVID 19, Leading to Increased Demand
for the Second Opinion Provided by Physicians and Health Insurance Providers Key
Market Dynamics Involvement of Financial, Health, and Legal Costs Increased need
to Improve Diagnosis and Treatment Planning Increasing Instances of Medical
Errors
Medical Second Opinion Market Highlights:
* Medical Second Opinion Market Size
* Medical Second Opinion Market Trends
* Medical Second Opinion Market Analysis
* Medical Second Opinion Market Share
* Medical Second Opinion Companies
Frequently Asked Questions (FAQ) :
How much is the medical second opinion market?
The medical second opinion market size was valued at USD 4.3 Billion in 2022.
What is the growth rate of the medical second opinion market?
The market is projected to grow at a CAGR of 14.30% during the forecast period,
2023-2032.
Which region held the largest market share in the medical second opinion market?
North America had the largest share in the market.
Who are the key players in the medical second opinion market?
The key players in the market are SecondOpinionExpert, Inc., (California),
DoctorSpring (California), 2nd MD (Houston), Cleveland Clinic MyConsult,
Partners Healthcare, HCA Hospitals (US), Teladoc Health, Inc., (US), Amradnet
(US), Johns Hopkins Medicine, and XMRI.COM.
Which application led the medical second opinion market?
The cancer category dominated the market in 2022.
Which type had the largest market share in the medical second opinion market?
The online physicians category had the largest share in the market.
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KINJOLL DEY
Research Analyst Level I
He is an extremely curious individual currently working in healthcare and
medical devices domain. kinjoll is comfortably versed in data centric research
backed by healthcare educational background. he leverages extensive data mining
and analytics tools such as primary and secondary research, statistical
analysis, machine learning, data modelling. his key role also involves technical
sales support, client interaction and project management within the healthcare
team. lastly, he showcases extensive affinity towards learning new skills and
remain fascinated in implementing them.
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