HTF Market Intelligence released a new research report of 144 pages on title ‘Global Online Doctor Consultation Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027’ with detailed analysis, forecast and strategies. Some of the key players profiled in the report are Babylon Health (United Kingdom), DocsApp (India), Teladoc Health (United States), LiveHealth Online (United States), JustDoc (India), Practo (India), Health HQ (United States), CallHealth (India), Sanitas (Spain), VSee (United States) and eVaidya Pvt. Ltd. (India).
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Summary
Global Online Doctor Consultation Market Overview:
The methods of delivering medical treatments are changing with the proliferation of smart devices and internet connectivity. These modernization efforts are reducing the geographic and economic gap between patients and doctors and are therefore becoming increasingly popular. Communication plays an important role between health professionals and patients. This is now easily possible with the help of online tools. With the introduction of an online consultation medium, more personalized health care, increased collaboration and better health education are now being achieved. In addition, online counseling helps to increase overall efficiency and reduce healthcare spending, thereby driving market demand. Online doctor consultations are becoming increasingly popular as they reduce costs and save time and effort. Additionally, consulting a doctor online can be effectively used to treat more common problems such as acne, flu, sinuses, deer tick bites, and urinary tract infections. According to the World Health Organization, the world’s geriatric population was around 524 million in 2010 and is expected to reach 1.5 billion by 2050.
Growth Drivers
A Rise in Prevalence of Various Diseases
The Recent Outbreak of Covid-19
Increase in the Geriatric Population
Market Trends
High Penetration of Smartphones
Increase in Preference for Home Health Care Services
Increase in Demand for Virtual Consultancy for Dermatology
Roadblocks
Regulations Regarding the Quality of Medical Care Provided
Opportunities
Rise In Popularity of Online Doctor Consultation Due to Advantages Such No Need to Travel, Save Money, Privacy, and Security
Rising Initiatives by the Government in Promoting the Online Consulting Services and the Convenience of the Patients
Rapid Technological Advancements
Challenges
Lack of Viability of Some Treatments over Digital Channel
Competitive Landscape:
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Babylon Health (United Kingdom), DocsApp (India), Teladoc Health (United States), LiveHealth Online (United States), JustDoc (India), Practo (India), Health HQ (United States), CallHealth (India), Sanitas (Spain), VSee (United States) and eVaidya Pvt. Ltd. (India). Additionally, following companies can also be profiled that are part of our coverage like Lybrate (India), WeDoctor (China) and iCliniq (India). Analyst at HTF MI Research see Asian Players to retain maximum share of Global Online Doctor Consultation market by 2025. Considering Market by Demographic, the sub-segment i.e. Children & Adolescents (Under 15 Years) will boost the Online Doctor Consultation market. Considering Market by Specialization, the sub-segment i.e. Cardiology will boost the Online Doctor Consultation market. Considering Market by Platform, the sub-segment i.e. App-Based will boost the Online Doctor Consultation market.
The Indian Ministry of Health and Family Welfare had introduced telemedicine practice guidelines during March 2020 in partnership with the National Institution for Transforming India (NITI Ayog). These guidelines mandated all the registered medical practitioners who were intending to provide online consultation to complete an online course. On similar lines, the Singaporean Ministry of Health had also launched a Licensing Experimentation and Adaption Programme (LEAP) in 2018 under which the government had hereby regulated the doctor-led teleconsultations as well as mobile medicine services.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Online Doctor Consultation market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Online Doctor Consultation market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, and Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
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Strategic Points Covered in Table of Content of Global Online Doctor Consultation Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027 Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Online Doctor Consultation Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027market. (Introduction, Scope of the Report)Chapter 2: Exclusive Summary – the basic information of the Global Online Doctor Consultation Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027 Market. (Introduction)
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Global Online Doctor Consultation Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027 (Market Dynamics- Drivers, Trends, Opportunity, Restraints & Challenges)
Chapter 4: Presenting the Global Online Doctor Consultation Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027 Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Global Online Doctor Consultation Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027 market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source.
List of some of the Tables and Figures
Figure Global Global Online Doctor Consultation Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027 CAGR (%), Y-o-Y Growth (&)
and Market Size, 2016-2027 (USD Million)
Figure Global Global Online Doctor Consultation Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027 CAGR (%), Y-o-Y Growth (&)
and Market Size, 2016-2027 (Sales)Figure Global Sales Market Share of Global Online Doctor Consultation Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027 by Types in 2021Figure Global Online Doctor Consultation Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027 Sales Market Share by Applications in 2021Table Global Online Doctor Consultation Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027Type and Applications
Table Market Sales, Price, Revenue, Gross Margin and Market Share (2020-2021)
Table Market Revenue by Countries (2016-2021)
Table Global Global Online Doctor Consultation Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027 Sales by Type (2016-2021)
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