Global Online Doctor Consultation Market Size & Share Revenue Is Predicted to Reach $15375.16 Million by 2028, Grow at a CAGR of 26.10
New York, NY, Feb. 01, 2023 (GLOBE NEWSWIRE) — According to Zion Market Research has published a new research report titled “Online Doctor Consultation Market By Indication (Cardiology, Dermatology, Diabetes Consultation, Gastroenterology, General Physician, Gynecology, Neurology, Oncology, Orthopedics, Pediatrics, Sexology, Stress And Mental Health, Weight Management, Others), By Consultation (Audio Chat, Video Chat), By Application (Disease-Specific, Health Assessment, Health Education, Medical Files Management, Online Reference Services, Remote Consultation), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2028” in its research database.
“According to the latest research study, the demand of global Online Doctor Consultation Market size & share in terms of revenue was valued at USD 3824.10 million in 2021 and it is expected to surpass around USD 15375.16 million mark by 2028, growing at a compound annual growth rate (CAGR) of approximately 26.10 during the forecast period 2022 to 2028.”
What is Online Doctor Consultation? How big is the Online Doctor Consultation Industry?
Online Doctor Consultation Report Coverage & Overview:
A virtual consultation between a doctor and a patient via a video call program or app is called an “online doctor consultation.” Because of its potential, it is becoming extremely popular. It makes service delivery quick and simple. It also helps to cut costs and save time and effort. Additionally, common conditions including acne, the flu, sinuses, bites from deer ticks, and urinary tract infections can be successfully treated with online doctor consultations.
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Global Online Doctor Consultation Market: Growth Dynamics
It is anticipated that an increase in the senior population and a growth in the prevalence of several diseases, including diabetes, orthopedic disorders, cardiovascular diseases, and dermatitis, will spur the global online doctor consultations market during the projected period. The major restraints to the online doctor consultation market are consumers still place more trust in in-person interactions and rural communities lack the information & resources necessary to receive such services. The market for online doctor consultations offers advantages like a larger consumer base and accessibility to specialized services even from remote places.
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Report Scope
Report Attribute | Details |
Market Size in 2021 | USD 3824.10 million |
Projected Market Size in 2028 | USD 15375.16 million |
CAGR Growth Rate | 26.10 CAGR |
Base Year | 2021 |
Forecast Years | 2022-2028 |
Key Market Players | Babylon Health, CallHealth, DocPrime, DocsApp, Eclinic, eVaidya Pvt. Ltd., iCliniq, LiveHealth Online, Lybrate, Phasorz Technology Private Ltd., Sanitas, Singularity Healthcare IT Systems Pvt. Ltd., VSee, YourDoctors.Online |
Key Segment | By Indication, By Consultation, By Application, and By Region |
Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options | Request customized purchase options to meet your research needs. Explore purchase options |
Online Doctor Consultation Market: Segmentation Analysis
The global online doctor consultation market is segregated based on indication, consultation, application, and region.
Based on indication, the market is divided into cardiology, dermatology, diabetes consultation, gastroenterology, general physician, gynecology, neurology, oncology, orthopedics, pediatrics, sexology, stress & mental health, weight management, and others. Among these, the dermatology segment led the market in 2021 and is expected to maintain its dominance throughout the forecast period.
Based on the consultation, the market is classified into audio chat and video chat. In 2021, the video chat category dominated the global market. Based on application, the market is divided into disease-specific health assessment, health education, medical files management, online reference services, and remote consultation disease-specific health assessment is the most lucrative.
The global Online Doctor Consultation market is segmented as follows:
By Indication
- Cardiology
- Dermatology
- Diabetes Consultation
- Gastroenterology
- General Physician
- Gynecology
- Neurology
- Oncology
- Orthopedics
- Pediatrics
- Sexology
- Stress and Mental Health
- Weight Management
- Others
By Consultation
By Application
- Disease-Specific Health Assessment
- Health Education
- Medical Files Management
- Online Reference Services
- Remote Consultation
Browse the full “Online Doctor Consultation Market By Indication (Cardiology, Dermatology, Diabetes Consultation, Gastroenterology, General Physician, Gynecology, Neurology, Oncology, Orthopedics, Pediatrics, Sexology, Stress And Mental Health, Weight Management, Others), By Consultation (Audio Chat, Video Chat), By Application (Disease-Specific, Health Assessment, Health Education, Medical Files Management, Online Reference Services, Remote Consultation), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2028” Report at https://www.zionmarketresearch.com/report/online-doctor-consultation-market
Competitive Landscape
Some of the main competitors dominating the global Online Doctor Consultation market include –
- Babylon Health
- CallHealth
- DocPrime
- DocsApp
- Eclinic
- eVaidya Pvt. Ltd.
- iCliniq
- LiveHealth Online
- Lybrate
- Phasorz Technology Private Ltd.
- Sanitas
- Singularity Healthcare IT Systems Pvt. Ltd.
- VSee
- YourDoctors.Online
Key Insights from Primary Research:
- According to the analysis shared by our research forecaster, the Online Doctor Consultation market is likely to expand at a CAGR of around 26.10 during the forecast period (2022-2028).
- In terms of revenue, the Online Doctor Consultation market size was valued at around US$ 3824.10 million in 2021 and is projected to reach US$ 15375.16 million by 2028.
- The restrictions on physical contact have greatly boosted the global online doctor consultation market.
- By Indication, the dermatology category dominated the market in 2021.
- By consultation, the video chat category dominated the market in 2021.
- By application, the disease-specific health assessment category dominated the market in 2021.
- North America dominated the online doctor consultation market in 2021.
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Key questions answered in this report:
- What is the market size and growth rate forecast for Online Doctor Consultation industry?
- What are the main driving factors propelling the Online Doctor Consultation Market forward?
- What are the leading companies in the Online Doctor Consultation Industry?
- What segments does the Online Doctor Consultation Market cover?
- How can I receive a free copy of the Online Doctor Consultation Market sample report and company profiles?
Key Offerings:
- Market Size & Forecast by Revenue | 2022−2028
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis By Indication, By Consultation, By Application, and By Regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Regional Analysis:
The global online doctor consultation market is divided into geographic regions: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Since video doctor consultations are already a popular practice in North America, the region is anticipated to dominate the global market for online medical consultations. Players in North American telemedicine benefit greatly from government monitoring support. According to the America Hospital Association, 65 percent of U.S. hospitals use video and other forms of technology to communicate with patients and practitioners who provide consultations. Consumers find video consultations on a computer, tablet, or smartphone more appealing. For instance, a 2015 American Well Telemedicine Consumer survey found that 64% of Americans were open to a video consultation with their physician.
By Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- France
- UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Recent Developments
August 2020: Teladoc Health (US) and Livongo (US) partnered to improve online consultations by providing AI technology for quick diagnosis and consultation for Teladoc’s customers throughout the world.
July 2020: To expand Teladoc’s product and service offering and strengthen its position among hospitals and healthcare systems, the company sought to purchase InTouch Health.
March 2020: The Practo + health plan, which offers unlimited online doctor consultations, was introduced by Practo (India).
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FREQUENTLY ASKED QUESTIONS
- What is Online Doctor Consultation Market?
- Which key factors will influence Online Doctor Consultation Market growth over 2022-2030?
- What will be the value of the Online Doctor Consultation Market during 2022-2030?
- What will be the CAGR value of the Online Doctor Consultation Market during 2022-2030?
- Which region will contribute notably towards the Online Doctor Consultation Market value?
- Which are the major players leveraging the Online Doctor Consultation Market growth?
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