Medical Second Opinion Market in North America: Growth and Forecast, 2021 to 2028

North America Medical Second Opinion Market was valued at US$ 1,480.14 million in 2020 and is projected to reach US$ 4,476.22 million by 2027 with a CAGR of 17.1% from 2020 to 2027.

Increasing emphasis on achieving better treatment outcomes drives the second medical opinion market. There is a high possibility of the adverse effects of many treatment procedures, which might also lead to mortality. Hence, it becomes essential to revise the current treatment alternatives in crucial cases and get advice from another reliable healthcare professional to avoid possible ill effects. According to a study published by the John Hopkins University in 2018, around 250,000 deaths are caused due to medical errors in the US each year. Such a large extent of medical errors is anticipated to encourage consumers to opt for a medical second opinion. According to the World Health Organization data, in 2018, an estimated 9.6 million patients across the globe lost their lives due to the occurrence of cancer. In addition, the growing exposure to risk factors such as consumption of tobacco, excessive alcoholism, unhealthy diet, and obesity is further projected to elevate the prevalence of cancer. Thus, an increasing prevalence of cancer, combined with a greater number of cancer patients seeking a second opinion, would be one of the prominent factors driving the medical second opinion market during the forecast period.

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Top Key Players Listed in the North America Medical Second Opinion Market 2020 - 2027 Report Are:

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

In this report, the market has been segmented on the basis of:

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

The North America Medical Second Opinion Market 2020 - 2027 Competitive Viewpoint:

This analysis is a useful resource for investors, shareholders, industry planners, and new and existing businesses trying to broaden their reach within the current Market situation. While focusing on top companies and their corporate strategies, market presence, operative segmentation, aggressive outlook, geographical growth, pricing and price structures, the study painstakingly takes into consideration the market analysis.

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