Online Doctor Consultation Market by Geography and Product - Forecast and Analysis 2020-2024

  • Published: Jul 2020
  • Pages: 120
  • SKU: IRTNTR43469
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The online doctor consultation market size is expected to grow by USD 3.80 bn and record a CAGR of 7% during 2020-2024.

This post-pandemic global online doctor consultation market report has assessed the shift in consumer behaviour and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this online doctor consultation market analysis report, key drivers such as growing adoption of remote patient monitoring have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges that will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Online Doctor Consultation Market Size be in 2020?

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Who are the Key Vendors in the Online Doctor Consultation Market?

The online doctor consultation market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  • American Well Corp.
  • Babylon Healthcare Services Ltd.
  • Dictum Health Inc.
  • Doctor Anywhere Pte. Ltd.
  • Doctor On Demand Inc.
  • MDLIVE Inc.
  • Orane Healthcare India Pvt. Ltd.
  • Practo Technologies Pvt. Ltd.
  • Teladoc Health Inc.
  • Vidyo Inc.

 

The online doctor consultation market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This online doctor consultation market report further entails segmentations by Product (Services and Software) and Geography (North America, Europe, APAC, MEA, and South America). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

 

Which are the Key Regional Markets for Online Doctor Consultation Market?

Online-Doctor-Consultation-Market-Market-Share-by-Region-2019-2024

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The report offers an up-to-date analysis of the geographical composition of the market. Europe had the largest market share in the online doctor consultation market in 2020, and the region will offer several growth opportunities to market vendors during the forecast period. The imbalance between high patient influx and understaffing at health centers will significantly influence biofuels market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

37% of the market’s growth will originate from Europe during the forecast period. Germany and France are the key markets for online doctor consultation market in the region. This report provides estimations of the contribution of all regions to the growth of the online doctor consultation market size.

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What are the Key Factors Covered in this Online Doctor Consultation Market Report?

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive online doctor consultation market growth during the next five years
  • Precise estimation of the online doctor consultation market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the online doctor consultation market industry across North America, Europe, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of online doctor consultation market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The online doctor consultation market growth will increase by $3804.93 million during 2019-2024.
The online doctor consultation market is expected to grow at a CAGR of 7.18% during 2019-2024.
Technavio has segmented the online doctor consultation market by product (Services and Software) and geographic (North America, Europe, APAC, MEA, and South America).
American Well Corp., Babylon Healthcare Services Ltd., Dictum Health Inc., Doctor Anywhere Pte. Ltd., Doctor On Demand Inc., MDLIVE Inc., Orane Healthcare India Pvt. Ltd., Practo Technologies Pvt. Ltd., Teladoc Health Inc., Vidyo Inc. are a few of the key vendors in the online doctor consultation market.
Europe will register the highest growth rate of 37.12% among the other regions. Therefore, the online doctor consultation market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the online doctor consultation market growth are:
  • Increasing incidence and prevalence of infectious diseases
The online doctor consultation market vendors should focus on grabbing business opportunities from the services segment as it accounted for the largest market share in the base year.
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