Online Medical/Doctor Consultation Platform Market size was estimated at $836 Million in 2019 and is expected to reach $1,137.7 Million by 2031, growing at a CAGR of 4.5% during the forecast period of 2022 to 2031.
Online Medical/Doctor Consultation Platform Market Growth Factors
Online Medical/Doctor Consultation Platform Market Segmentation
Online Medical/Doctor Consultation Platform Market Country Analysis
Online Medical/Doctor Consultation Platform Market Share and Competition
Key companies operating in this industry are: VSee, Babylon Health, Doctor Insta, Eclinic, YourDoctors.Online, Docprime, VideoDoc, PlushCare, Practo, Medlife, Pharmacy2U, CallHealth, Lybrate, iCliniq, WorldCare, DocsApp, and Apollo.
Report Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2022 – 2031)
• Data breakdown for every market segment (2022 – 2031)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type of Consultation Analysis (Revenue, USD Million, 2022 - 2031)
• Video Chat
• Audio Chat
• Others
Application Analysis (Revenue, USD Million, 2022 - 2031)
• Health Education
• Medical Files Management
• Disease Specific Health Assessment
• Online Reference Services
• Remote Consultation
• Others
Organization Size Analysis (Revenue, USD Million, 2022 - 2031)
• Large Enterprises
• SMEs
Region Analysis (Revenue, USD Million, 2022 - 2031)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Online Medical/Doctor Consultation Platform Market Companies
• VSee
• Babylon Health
• Doctor Insta
• Eclinic
• YourDoctors.Online
• Docprime
• VideoDoc
• PlushCare
• Practo
• Medlife
• Pharmacy2U
• CallHealth
• Lybrate
• iCliniq
• WorldCare
• DocsApp
• Apollo
Available Versions:-
United States Online Medical/Doctor Consultation Platform Market Industry Research Report
Europe Online Medical/Doctor Consultation Platform Market Industry Research Report
Asia Pacific Online Medical/Doctor Consultation Platform Market Industry Research Report
The online Medical consultation Market as the name suggests is a medium to provide virtual healthcare facilities via mobile-based applications which enable certified doctors and physicians to register themselves and find a huge base in patients. The online consultation market has propelled on many levels including telehealth, telemedicine, health and general forms and means of healthcare facilities. The market is surging with newly registered customers every day and the numbers are appreciable. The Customizability, less time consuming, more efficient and increased flexibility has increased the growth of the target market. The conventional way of seeking healthcare facilities have failed the patients and their requirements. Long queue of appointments, delay intending to critical crises and to accommodate the surge in growing patients have driven people to the online mode of medical consultation. Other key factors include an integrated and technology-induced business template, a software to keep track of patients and requirements unlike the manual working which comes with a greater scope of error has also boosted growth in the market. These online platforms have a module to tend immediate care to those who yearn it, and the proficiency of the same has helped in gaining patients. However, with growing digitalization and its varied forms, the price factor has also surged to an extent which threatens the healthcare system as a whole. The sector also lacks advanced technology which other sectors already have, this lagging can dip down the growth of the market. Improvement in machine to machine communication and data movement can help in better functionality which in turn can lead to the growth of the global market.
MD-Link is growing its Leadership Team by hiring Cynthia Zelis, an MD and MBA, as its Chief Medical Officer. “Cindy is recognized industry-wide for her success in increasing both physician adoption and patient utilization of telemedicine at a large health system while maintaining quality and reducing the cost of care.”, said the chairman and chief executive officer at MD-Link, Charles Jones.
Lehigh Valley Health Care announced its sub-division, Express-Care in Hazleton, has now been permanently closed in June 2022. LVH President John Fletcher says, “ExpressCARE was opened in Hazleton when there was a need to direct patients with minor illnesses away from the emergency department (ED) to decrease wait times for emergency care.”
Amwell, a giant in Telehealth industry, has confidentially reported an IPO and has decided to go public on its new decision in June 2022. “We don’t know how long it will last, and it’s possible the window for any type of funding might not be available quite soon.”, said the CEO of Amwell, Ido Schoenberg.
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