Global Medical Second Opinion Market Analysis Till 2020. - PowerPoint PPT Presentation

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Global Medical Second Opinion Market Analysis Till 2020.


The overall global medical second opinion market is currently doing well and is on the rise, which is estimated to rise to $3.4 billion by 2020, growing at a CAGR of 18.2%. – PowerPoint PPT presentation

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Title: Global Medical Second Opinion Market Analysis Till 2020.

By Disease (Cancer, Cardiac Disorders, Diabetes,
Injuries and Others) By Service Providers
(Hospitals, Online and Offline Medical Second
Opinion Providers and Health Insurance Players)
By Geography - Forecast (2015 - 2020)
Medical second opinion refers to a patients act
of requesting or seeking evaluation of his health
condition by another physician or specialist to
verify and confirm the diagnosis and treatment
prescribed by the previous physician or to know
an alternative treatment plan. It is primarily
sought after when the first physician recommends
a complex/painful surgery or painful and risky
procedures. The other situations that propel the
patient to seek a medical second opinion are when
the patients is not sure of the diagnosis or is
unsatisfied with the treatment plans offered by
the primary physician or when it is required by
the insurance plan or when the physician himself
recommends to go for it. Click the link below to
browse the Table Of Contents
The overall global medical second opinion market
is currently doing well and is on the rise, which
is estimated to rise to X billion by 2020,
growing at a CAGR of XX. The global market for
Medical second opinions in 2014 is spread
throughout the Americas, Europe, Asia-Pacific and
Rest of the world. Americas occupy the largest
market share of xx in 2014. The global market is
emerging at a steady pace with increase in the
number of patients who are willing to take health
insurance and seeking second opinions for better
or alternative treatment or diagnosis.
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  • Medical second opinion services provided online
    are gaining importance and the mHealth technology
    is growing at a rapid pace due to advances in
    technology, enabling the patients to obtain
    second opinions without much time lapse
  • According to data collected and published in
    January, 2015 from MediAngels, almost 44 of the
    patients who have been prescribed to undergo a
    surgery avoided it by seeking a medical second
    opinion in India
  • This trend has been growing over the years, owing
    to the increasing number of smartphones sold
  • A rising trend has been observed in the medical
    insurance reforms where the healthcare insurance
    companies themselves are propelling their clients
    to for a medical second opinion in order to save
    costs for any treatment or surgery which might
    not be necessary in the first place

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