Upcoming Allied Market Research
Medical Second Opinion Market

Medical Second Opinion Market

Size, Share, Competitive Landscape and Trend Analysis Report by Disorder Type (Organ Transplant, Cardiac Disorders, Hematologic Blood Disorders, Orthopedic Disorders, Nephrological Disorders, Neurological Disorders, Rheumatologic Disorders, Ocular Disorders, Skin Disorders, Kidney and Urological Diseases, Obstetrics and Gynecological Disorders, Cancers, Others) and by Service Provider Type (Hospitals, Health Insurance Companies, Private Clinics): Global Opportunity Analysis and Industry Forecast, 2023-2032

Report Code: A12295
Pages: NA
Tables: NA
Charts: NA
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.


A second medical opinion regarding a patient’s illness, diagnosis and treatment option is highly recommended these days. It helps the patients to verify the diagnosis, review the treatments advised to them and the patient is also given recommendations to move forward. Patients often seek a second opinion when they are in doubt of the prescribed treatment. The second opinion is sought from different doctors who are specialists in medical consultations. This service helps reassure the patient and his family about the best treatment options so that the patient can then plan the next steps carefully.

COVID-19 Impact Analysis

COVID-19 is an infectious disease that originated in the Hubei province of the Wuhan city in China in December, 2019. The highly contagious disease, caused by a virus, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is transmitted from human to human. Since its outbreak, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020.

Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicine supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as hydroxychloroquine have witnessed a dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs, as many developed countries are facing a shortage of these drugs. Thus, the pharmaceutical and biotechnology industries are expected to witness significant growth in the future, owing to the demand for vaccines and treatment drugs for COVID-19.

With COVID-19 spreading all across the world, hospitalization rates fell down dramatically. There were several reports of many hospitals operating at less than 50% capacity in order to curtail noncritical medical services and elective surgeries. People are even less likely to visit hospitals and clinics for a second medical opinion on their illnesses and treatments. Therefore, COVID-19 is expected to have a significant impact on the medical second opinion market.

Top Impacting Factors

  • The increase in the trend in second opinion medical services is the main driver for the medical second opinion market. With rise in diagnostic tests, patients tend to go to different medical practitioners to know about different treatment options for their conditions.
  • With rise in awareness, people are more open to consulting more than one doctor before undergoing any major treatment or surgery. This factor is contributing to the growth of the medical second opinion market.
  • Many patients are worried these days about the financial burden they might have to face undergoing different health services. Hence, they like to know about different treatment options in case they can come across a better and more cost-effective therapy. This factor is also propelling the growth of the medical second opinion market.
  • However, in many developing countries, many people are reluctant toward medical second opinions due to lack of awareness. This factor can hamper the growth of the medical second opinion market.

Key Market Trends

Increased errors in medical billing are witnessed in the healthcare sector all across the world. In order to avoid these errors, people might need an expert opinion. This factor can help the medical second opinion market grow during the forecast period.

In 2017, WorldCare International, Inc. partnered with the co-operators to launch their mental health research program for a medical second opinion. This program was designed to optimize individual healthcare decisions.

In 2018, North America dominated the medical second opinion market. This can be attributed to the highly aware population, favorable government initiatives for reimbursements in healthcare, and advanced healthcare infrastructure in the region. Many renowned organizations such as WorldCare International, Inc. also work in this region to assist people in getting medical second opinions.

The key market players are also adopting strategies such as collaborations and acquisitions to enlarge their worldwide customer base. This can help the medical second opinion market grow further during the forecast period.

Key Benefits of the Report

  • This study presents the analytical depiction of the medical second opinion industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the medical second opinion market share.
  • The current market is quantitatively analyzed to highlight the growth scenario of the medical second opinion.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers in the market.
  • The report provides a detailed analysis depending on competitive intensity and how the competition will take shape in the coming years.

Questions Answered in the Medical Second Opinion Report

  • Which are the leading players active in the medical second opinion market?
  • How is each segment of the market expected to grow during the forecast period?
  • What are the adoption trends for the medical second opinion market in emerging economies and established economies across the world?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What future projections would help in taking further strategic steps in the market?
  • What are the impacts of COVID-19 on the industry?
  • What is medical second opinion?
  • What are the current and predicted trends of the market?

Medical Second Opinion Market Report Highlights

Aspects Details
By Disorder Type
  • Organ Transplant
  • Cardiac Disorders
  • Hematologic Blood Disorders
  • Orthopedic Disorders
  • Nephrological Disorders
  • Neurological Disorders
  • Rheumatologic Disorders
  • Ocular Disorders
  • Skin Disorders
  • Kidney and Urological Diseases
  • Obstetrics and Gynecological Disorders
  • Cancers
  • Others
By Service Provider Type
  • Hospitals
  • Health Insurance Companies
  • Private Clinics
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, Rest of LAMEA)
Key Market Players London Pain Clinic, WorldCare International, Inc., Mediguide America, Doctor Spring, Medix, Inc., John Hopkins, Amradnet, Teldox Health, Inc., Elite Medical Services, Cynergy Care, Medo Asia Sdn Bhd

Loading Table Of Content...

With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace

With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast

Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

Purchase Options

Call or Email Us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now
Related Tags

Purchase Full Report of
Medical Second Opinion Market

Start reading.
This Report and over 71,323+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,690
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,930
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,820
  • Restricted to one authorized user
  • One print only
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,540
  • Limited to five authorized users
  • Print upto five copies
  • Available in
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise

  • $9,870
  • Unlimited
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
  • Company Profiles
  • Newly Added Content Access
  • 10 PDF
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

Related Reports

Why Allied Market Research?


Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of the scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time for readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of the scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save the time of readers