Medical Second Opinion Market: advancing healthcare system is propelling the demand for better me

Many individuals opt for medical second opinion after the primary diagnosis. The patients go for consultations for the second time if they feel dissatisfied or they need further validation for complicated surgical procedure. The Market deals with scope of the consultancy services in hospitals and clinics for assurance of the patients across the globe during 2015-2020.

The rise in the Medical Second Opinion Market is due to health, financial and legal costs involved in any treatment. The increased need to provide better treatment planning, accurate diagnosis with reduction in treatment cost is propelling the market during 2015-2020.

North America will lead the Market during the estimated period 2015-2021 along with South America due to high adoption rate by the users, high incidence rate for chronic diseases such as Diabetes and Cancer. This region has good Medicare coverage and favorable market environment for startup growth.

Asia-Pacific is expected to witness the highest growth rate in the Market due to the improving healthcare infrastructure and increasing awareness about the concept of Medical Second Opinion. The increasing instances of diagnostic failure coupled with huge investments in mobile and e-healthcare systems will propel the market growth.

The Market is segmented into various categories in the IndustryARC market research report by disorders, by service providers and by geography.

By disorders: cancer, diabetes, cardiac disorders, neurological disorders, ocular disorders, pulmonary disorders, nephrological disorders, allergies, injuries and others

By service providers: hospitals, medical second opinion providing companies, health insurance companies, online services and others

By geography: North America, South America, Europe, Asia Pacific and ROW

According to the IndustryARC market research report, the key players in the Medical Second Opinion Market are as follows:

• Johns Hopkins
• Cleveland Clinic
• HCA Hospitals
• Best Doctors Inc.
• Penn Medicine

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The Market is a growing market with rise in chronic diseases and awareness among the population to get a second opinion on medical diagnostic for errors in various regions around the world. This market is expected to witness high growth with rise in medical facilities and improvising healthcare during 2015-2020.