Online Doctor Consultation Market Introduction and Overview
According to SPER Market Research, the Global Online Doctor Consultation Market is estimated to reach USD 49.77 billion by 2033 with a CAGR of 26.31%.
The report includes an in-depth analysis of the Global Online Doctor Consultation Market, including market size and trends, product mix, applications, and supplier analysis. A virtual video conference between a patient and a medical expert is known as an online doctor consultation, and it is becoming more and more common because of its many potential benefits. This method provides a quick and easy substitute while streamlining service delivery. In addition, it results in less work and savings in terms of money and time. Furthermore, common medical conditions like acne, the flu, sinusitis, bug bites, and urinary tract infections have been successfully treated with online medical consultations.
- Jan 2021; Jan. 2021: PlushCare and CVS Health collaborate to provide virtual care services to CVS Health clients.
- August 2020; US-based Teladoc Health and US-based Livongo have partnered to improve online consultations through the integration of AI technology, enabling seamless diagnosis and consultation services for Teladoc's global clientele.
Market Opportunities and Challenges
The market for online medical consultations is expected to be driven by the rising demand for smart devices, such as laptops, tablets, and smartphones. The primary reason for this growth in demand is that, as the population grows, established healthcare options like retail clinics and urgent care centers are unable to adequately satisfy emergency needs. Furthermore, a growing number of licensed medical professionals are signing up for several online and virtual healthcare service platforms. The use and acceptance of mobile-based health applications have significantly increased during the past five years. In the near future, the market for online doctor consultations is probably going to benefit from this trend. Many ethical and legal issues, such as medical negligence, confidentiality, and liability, are raised by online doctor consultations. For example, cybercriminals and phishing fraudsters are constantly searching for methods to breach networks and pilfer private medical data stored on publicly accessible websites. Private medical information sent over computer networks is referred to as "online consultation." Despite efforts to secure these interactions, there remains a possibility of data breaches or unauthorized access that could jeopardize patient privacy and confidentiality. As a result, the previously described problems prevent market growth.
Market Competitive Landscape
The study includes the investments made by Online Doctor Consultation Companies in R&D, revenue, sales, production capabilities, and business overview. The strengths and weaknesses of the major participants in the online doctor consultation market were outlined using a SWOT analysis.The major players in the Global Online Doctor Consultation Market include: Babylon Health, CallHealth, DocPrime, DocsApp, Eclinic, eVaidya Pvt. Ltd., iCliniq, LiveHealth Online, Lybrate, Phasorz Technology Private Ltd. and others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Platform Type, By Delivery Mode, By Indication, By Service
|
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
|
| Companies Covered | Babylon Health, CallHealth, DocPrime, DocsApp, Eclinic, eVaidya Pvt. Ltd., iCliniq, LiveHealth Online, Lybrate, Phasorz Technology Private Ltd., and others.
|
COVID-19 Impact on Global Online Doctor Consultation Market
Furthermore, the COVID-19 epidemic has sped up the use of apps for online medical consultations. In-person visits became difficult or dangerous due to lockdowns and social distancing tactics, which caused a spike in the use of virtual healthcare services. Certain smartphone apps incorporate health monitoring functions, enabling users to keep tabs on their prescriptions, symptoms, and vital signs. Additionally, these apps might electronically retain medical data, which would facilitate the sharing and access of health information between physicians and patients. The segment is growing as a result of the aforementioned considerations.
Key Target Audience:
- Busy Professionals
- Tech-Savvy Individuals
- People in Remote Locations
- Cost-Conscious Patients
- Patients with Minor Conditions
- People with Chronic Conditions
- Individuals with Mobility Issues
- Time-Constrained Parents
- Mentally Sensitive Individuals
- Privacy-Conscious Patients
Our in-depth analysis of the Online Doctor Consultation Market includes the following segments:
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By Platform Type: |
Websites
Mobile Delivery Modes
|
|
By Delivery Mode: |
Audio Call
Video Call
Chat
|
|
By Indication: |
Gynecology
Sexology
General Physician
Dermatology
Gastroenterology
Weight Management
Diabetes Consultation
Pediatrics
Others
|
|
By Service: |
Disease-Specific
Health Assessment
Counseling
Health Education
|
Key Topics Covered in the Report:
- Global Online Doctor Consultation Market Size (FY’2024-FY’2033)
- Overview of Global Online Doctor Consultation Market
- Segmentation of Global Online Doctor Consultation Market By Platform Type (Websites, Mobile Applications)
- Segmentation of Global Online Doctor Consultation Market By Delivery Mode (Audio Call, Video Call, Chat)
- Segmentation of Global Online Doctor Consultation Market By Indication (Gynecology, Sexology, General Physician, Dermatology, Gastroenterology, Weight Management, Diabetes Consultation, Pediatrics, Others)
- Segmentation of Global Online Doctor Consultation Market By Service (Disease-Specific, Health Assessment, Counseling, Health Education)
- Statistical Snap of Global Online Doctor Consultation Market
- Expansion Analysis of Global Online Doctor Consultation Market
- Problems and Obstacles in Global Online Doctor Consultation Market
- Competitive Landscape in the Global Online Doctor Consultation Market
- Impact of COVID-19 and Demonetization on Global Online Doctor Consultation Market
- Details on Current Investment in Global Online Doctor Consultation Market
- Competitive Analysis of Global Online Doctor Consultation Market
- Prominent Players in the Global Online Doctor Consultation Market
- SWOT Analysis of Global Online Doctor Consultation Market
- Global Online Doctor Consultation Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Online Doctor Consultation Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Online Doctor Consultation Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Online Doctor Consultation Market
7. Global Online Doctor Consultation Market, By Platform Type (USD Million)2020-2023
7.1. Global Online Doctor Consultation Market Size, Share and Forecast, By Platform Type, 2020-2026
7.2. Global Online Doctor Consultation Market Size, Share and Forecast, By Platform Type, 2027-2033
7.3. Websites
7.4. Mobile Delivery Modes
8. Global Online Doctor Consultation Market, By Delivery Mode (USD Million)2020-2023
8.1. Global Online Doctor Consultation Market Size, Share and Forecast, By Delivery Mode, 2020-2026
8.2. Global Online Doctor Consultation Market Size, Share and Forecast, By Delivery Mode, 2027-2033
8.3. Audio Call
8.4. Video Call
8.5. Chat
9. Global Online Doctor Consultation Market, By Indication (USD Million)2020-2023
9.1. Global Online Doctor Consultation Market Size, Share and Forecast, By Indication, 2020-2026
9.2. Global Online Doctor Consultation Market Size, Share and Forecast, By Indication, 2027-2033
9.3. Gynecology
9.4. Sexology
9.5. General Physician
9.6. Dermatology
9.7. Gastroenterology
9.8. Weight Management
9.9. Diabetes Consultation
9.10. Pediatrics
9.11. Others
10. Global Online Doctor Consultation Market, By Service (USD Million)2020-2023
10.1. Global Online Doctor Consultation Market Size, Share and Forecast, By Service, 2020-2026
10.2. Global Online Doctor Consultation Market Size, Share and Forecast, By Service, 2027-2033
10.3. Disease-Specific
10.4. Health Assessment
10.5. Counseling
10.6. Health Education
11. Global Online Doctor Consultation Market Forecast, 2020-2033 (USD Million)
11.1. Global Online Doctor Consultation Market Size and Market Share
12. Global Online Doctor Consultation Market, By Region, 2020-2033 (USD Million)
12.1. Global Online Doctor Consultation Market Size and Market Share By Region (2020-2026)
12.2. Global Online Doctor Consultation Market Size and Market Share By Region (2027-2033)
12.3. Asia-Pacific
12.3.1. Australia
12.3.2. China
12.3.3. India
12.3.4. Japan
12.3.5. South Korea
12.3.6. Rest of Asia-Pacific
12.4. Europe
12.4.1. France
12.4.2. Germany
12.4.3. Italy
12.4.4. Spain
12.4.5. United Kingdom
12.4.6. Rest of Europe
12.5. Middle East and Africa
12.5.1. Kingdom of Saudi Arabia
12.5.2. United Arab Emirates
12.5.3. Qatar
12.5.4. South Africa
12.5.5. Egypt
12.5.6. Morocco
12.5.7. Nigeria
12.5.8. Rest of Middle East & Africa
12.6. North America
12.6.1. Canada
12.6.2. Mexico
12.6.3. United States
12.7. Latin America
12.7.1. Argentina
12.7.2. Brazil
12.7.3. Rest of Latin America
13. Company Profile
13.1. Babylon Health
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. CallHealth
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. DocPrime
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. DocsApp
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Eclinic
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. eVaidya Pvt. Ltd.
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. iCliniq
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. LiveHealth Online
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Lybrate
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Phasorz Technology Private Ltd.
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
