North America Medical Second Opinion Market Is Growing To Reach US$ 4,476.22 Million By 2027 | Cigna, WorldCare, Medix, Second Opinion International

The North America medical second opinion market is expected to reach US$ 4,476.22 million by 2027 from US$ 1,480.14 million in 2020; it is estimated to grow at a CAGR of 17.1% from 2020 to 2027.

Medical second opinion is intended to provide valuable information about the patient's current treatment options. The concept plays a significant role in dealing with the confusion created through the recommendation of various treatment alternatives for a single case. Besides, the opinion is also sought to gain additional information, which can be helpful to improve treatment outcomes of a disease. The medical second opinion can validate diagnosis; thus, it plays a major role in increasing the accuracy of the treatment.

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The market's growth is attributed to growing emphasis on superior treatment outcomes and increasing preference for healthcare cost optimization. However, the absence of clear-cut guidelines on using medical second opinion globally is likely to impact market growth during the forecast period negatively.

Major Key players covered in this report:

• Second Opinion International
• Cigna
• WorldCare
• Medix
• 2nd.MD (Innovation Specialists LLC)
• AXA

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The COVID-19 pandemic has severely affected the countries in the North American region. The second opinion for COVID-19 becomes a must in the region as the virus outbreak is continuously growing. Most countries in the region face complete lockdown; in this challenging time, the patient should be aware of the treatment options. For instance, Mount Sinai Health System is harnessing the power of artificial intelligence to help analyze lung scans in patients situated in the US for COVID-19. The high sensitivity of their AI model can provide a second opinion to physicians in cases where CT is either negative (in the early course of infection) or shows nonspecific findings, which can be common. Moreover, the government in the region asked for a second opinion on the usage of hydroxychloroquine as the effective treatment for COVID-19. Thus, it is likely that the outbreak of COVID-19 will support the growth of the medical second opinion market.

NORTH AMERICA MEDICAL SECOND OPINION MARKET SEGMENTATION

By Disorder

Cancer
Orthopaedic Disorders
Cardiac Disorders
Neurological Disorders
Nephrological Disorders
Hematologic Blood Disorders
COPD (Chronic Obstructive Pulmonary Disease)
Organ Transplant
Other Diseases

By Service Provider

Hospitals
Health Insurance Companies
Online Services

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This release was published on openPR.