Medical Second Opinion Market Expects North & South America to Continue Market Dominance


Medical Second Opinion Service is the additional consultation taken by the patient after the primary diagnosis. The patient can opt for a medical second opinion if the patient feels dissatisfied with the diagnosis or if there is a need for further va

The Medical Second Opinion Market deals with the contact, medium of providing service and the supplementary consultation undertaken by a patient after an initial diagnosis like cancer treatment. A 2nd opinion can be pursued if a patient wants confirmation or is unhappy with initial diagnosis.

The Medical Second Opinion Market has witnessed a growing demand for second medical opinions as well online second opinion services. Some second opinion doctors are located at major medical centers like hospitals whereas others are independent and have tie-ups with specialists on the basis of consultation.

Medical second opinion services or online second opinion services are being increasingly preferred by employers to maintain the well-being of the workforce. Insurance agencies are also looking to employ a 2nd opinion to gain medical advice regarding a major surgery or for cancer treatment. Factors such as these have boosted the Medical Second Opinion Market.

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Scope & Regional Forecast of the Medical Second Opinion Market

As far as the future is concerned, the Medical Second Opinion Market expects the primary growth drivers to be the following factors: a rise in need for diagnosis improvements; improvements made in treatment planning and implementation; lowering costs of medical second opinion services; and growing ease of gaining medical advice from a second opinion doctor.

The Medical Second Opinion Market reckons that chronic disorders of the neurological or pulmonary nature have a high second medical opinion requirement. Patients requiring cancer treatment are the major customers for medical second opinion services due to a high treatment cost as well as the complex procedure involved.

The Medical Second Opinion Market is predicted to be dominated by North & South America regions till 2021 due to a rise in patients looking for a 2nd opinion, increase in requirement of complex surgeries, Obamacare covering medical expenses and a positive market environment.

Asia-Pacific is predicted to exhibit the highest growth rate till 2021 due to rising public awareness and rapidly improving healthcare infrastructure. Diagnostic failure and improvements in electronic and mobile healthcare systems are also expected vital factors leading to growth.

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Segmentations & Key Players involved in the Medical Second Opinion Market

According to IndustryARC, the Medical Second Opinion Market can be broken down into various segmentations on the basis of –

Disorders: Cancer, Diabetes, Cardiac disorders, Neurological disorders, Ocular disorders, Pulmonary disorders, Nephrological disorders, Allergies, Injuries and Others.

Service Providers: Hospitals, Medical Second Opinion Providing Companies, Health Insurance Companies, Online Services and Others.

Some of the key players involved in the Medical Second Opinion Market according to IndustryARC are as follows:

·         WorldCare International Inc.

·         Cynergy Care

·         MediAngels.com

·         Medical Second Opinion Pvt. Ltd.

·         UC San Diego Health System

 

·         AXA PPP Healthcare

Products or Services

The Medical Second Opinion Market deals with the contact, medium of providing service and the supplementary consultation undertaken by a patient after an initial diagnosis like cancer treatment. A 2nd opinion can be pursued if a patient wants confirmation

Contact Information

IndustryARC

kukatpally
Telangana
500072
India
Phone : 9642077944
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Published in

Health

Published on

Dec 26, 2016