Europe Medical Second Opinion Market Share and Forecast by 2027

Historic Data: 2018-2019 | Base Year: 2020 | Forecast Period: 2021-2027

Europe Medical Second Opinion Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Disorders (Cancer, Orthopedic Disorders, Cardiac Disorders, Neurological Disorders, Nephrological Disorders, Hematologic Blood Disorders, COPD, Organ transplant, and Other Disorders) and Service Providers (Hospitals, Health Insurance Companies, and Online Services)

Report Date : Oct 2021
Report Code : TIPRE00025236

Category : Life Sciences
Status : Published

Available Report Formats :
No. of Pages : 115

Page Updated: Oct 2021

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The Europe medical second opinion market is expected to reach US$ 3,252.99 million by 2027 from US$ 1,116.44 million in 2020; it is estimated to grow at a CAGR of 16.5% from 2020 to 2027.

The market's growth is attributed to growing emphasis on superior treatment outcomes and increasing preference for healthcare cost optimization. However, the absence of clear-cut guidelines on using medical second opinion globally is likely to impact market growth during the forecast period negatively.

Telemedicine technologies incorporate modern communication platforms intending to conduct virtual interaction between patients and healthcare professionals. The adoption of telemedicine technologies allows physician and patient communication over geographical boundaries. This significant benefit of telemedicine technologies and growing investments is likely to offer lucrative growth opportunities for the medical second opinion market during the forecast period. For instance, in March 2020, New Capital Partners invested in TeleHealth Solution (THS) to develop new telemedicine technologies. These new technologies will be prominently useful for nursing services, long-term care, and assisted living facilities. With the help of this investment, the company is planning to launch pre-consultations, second medical opinion, and appointment-booking platforms to provide ease of healthcare access for a large number of populations. Such an increasing number of investments in telemedicine technologies are projected to offer a lucrative opportunity for market growth by 2027. Also, the rising number of partnerships and collaborations among software developing companies and healthcare institutions is accelerating the digitalization of medical consulting services. Such growing digitalization of medical second opinion services market is estimated to offer a lucrative opportunity for the market's growth.

The European countries have been severely affected by the COVID-19 pandemic. The number of patients has increased; errors can happen due to the complexity of cases or the lack of deep expertise and practice in all cases. However, the presence of false-negative makes the diagnosis difficult, especially in the early stages of the disease. That is why getting a second opinion can be an essential step, especially if there is any uncertainty about the diagnosis and treatment plan in COVID-19. Hence, the rising demand for a medical second opinion in Europe is likely to impact market growth during the forecast period positively.

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

EUROPE MEDICAL SECOND OPINION MARKET SEGMENTATION

By Disorder

Cancer
Orthopaedic Disorders
Cardiac Disorders
Neurological Disorders
Nephrological Disorders
Hematologic Blood Disorders
COPD (Chronic Obstructive Pulmonary Disease)
Organ Transplant
Other Diseases

By Service Provider

Hospitals
Health Insurance Companies
Online Services

By Country

UK
Germany
France
Italy
Spain
Rest of Europe

Company Profiles

Second Opinion International
Elite Medical Services
Helsana
Cigna
WorldCare
Medix
2nd.MD (Innovation Specialists LLC)
AXA

Europe Medical Second Opinion Report Scope

Report Attribute	Details
Market size in 2020	US$ 1,116.44 Million
Market Size by 2027	US$ 3,252.99 Million
Global CAGR (2020 - 2027)	16.5%
Historical Data	2018-2019
Forecast period	2021-2027
Segments Covered	By Disorders Cancer Orthopedic Disorders Cardiac Disorders Neurological Disorders Nephrological Disorders Hematologic Blood Disorders COPD Organ transplant Other Disorders By Service Providers Hospitals Health Insurance Companies Online Services
Regions and Countries Covered	Europe UK Germany France Russia Italy Rest of Europe
Market leaders and key company profiles	Second Opinion International Elite Medical Services Helsana Cigna WorldCare Medix 2nd.MD (Innovation Specialists LLC) AXA

Research Manager

Mrinal Kerhalkar

Manager,
Market Research & Consulting

Mrinal is a seasoned research analyst with over 8 years of experience in Life Sciences Market Intelligence and Consulting. With a strategic mindset and unwavering commitment to excellence, she has built deep expertise in pharmaceutical forecasting, market opportunity assessment, and developing industry benchmarks. Her work is anchored in delivering actionable insights that empower clients to make informed strategic decisions.

Mrinal’s core strength lies in translating complex quantitative datasets into meaningful business intelligence. Her analytical acumen is instrumental in shaping go-to-market (GTM) strategies and uncovering growth opportunities across the pharmaceutical and medical device sectors. As a trusted consultant, she consistently focuses on streamlining workflow processes and establishing best practices, thereby driving innovation and operational efficiency for her clients.

What are the Europe Medical Second Opinion Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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