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Medical Second Opinion Market to Skyrocket 21.8% CAGR by 2029, Driven by Telemedicine & AI Innovation

06-10-2025 01:11 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuate Reports

Medical Second Opinion Market Size

The global Medical Second Opinion revenue was US$ 4714 million in 2022 and is forecast to a readjusted size of US$ 19030 million by 2029 with a CAGR of 21.8% during the review period (2023-2029).

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The major players in global Medical Second Opinion market include HCA Hospitals, AXA PPP Healthcare, Royal London Group, etc. The top 3 players occupy about 20% shares of the global market. North America and Europe are main markets, they occupy about 60% of the global market. Hospitals is the main type, with a share about 45%. Cancer is the main application, which holds a share about 25%.

This report focuses on global and India Medical Second Opinion market, also covers the segmentation data of other regions in regional level and county level.

India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

India is a market full of opportunities, and the demand for Medical Second Opinion will continue to grow rapidly in the future.

Global Medical Second Opinion Scope and Market Size

Medical Second Opinion market is segmented in regional and country level, by players, by Type and by Application. Companies, stakeholders, and other participants in the global Medical Second Opinion market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2018-2029.

For India market, this report focuses on the Medical Second Opinion market size by players, by Type and by Application, for the period 2018-2029. The key players include the global and local players, which play important roles in India.

By Type
• Hospitals
• Medical Second Opinion Providing Companies
• Health Insurance Companies

By Application
• Cancer
• Diabetes
• Cardiac Disorders
• Neurological Disorders
• Ocular Disorders

Key Companies
HCA Hospitals, AXA PPP Healthcare, Royal London Group, Helsana Group, Cleveland Clinic, Amradnet, Best Doctors Inc, Inova Care, Toranomon Hospital, Keio University Hospital, Johns Hopkins Medicine, Penn Medicine, Oncology International Pvt. Ltd., GrandOpinion, London Pain Clinic, Mondial Assistance, Medisense, Medo Asia Sdn. Bhd.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-7W16107/global-and-india-medical-second-opinion

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Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

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