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(Medical-NewsWire.com, May 09, 2018 ) Medical Second Opinion Market was worth USD 1.32 billion in 2017 and is projected to grow at a CAGR of 17.63%, to reach USD 4.87 billion by 2022. There have been growing instances of hospitals, in particular private ones, being accused of deceiving their patients by jacking up their medical payments. This has led to the development of a web platform where the patient can avail a second opinion from other professional doctors as to whether the treatment path being adopted for them is right.
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Medical Second Opinion refers to an affected person’s act of soliciting for or seeking evaluation of his fitness condition through every other health practitioner or expert to confirm and affirm the analysis and treatment prescribed. This usually happens when the first doctor recommends a complicated/painful surgery or painful and risky approaches. Other situations that propel one to find a second opinion are when the person isn't positive of the prognosis or is unhappy with the treatment plans supplied through the primary medical doctor.
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The worldwide marketplace is emerging at a steady pace with boom within the wide variety of patients who are willing to take medical insurance and seeking second evaluations for better or opportunity remedy or diagnosis. The advances in telemedicine assist to shut the gaps in healthcare by way of enabling the doctors to attend patient demands in a quick span of time and dispose of the delays in remedy.
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The Medical Second Opinion market is categorized by diseases and supply provider. On basis of diseases, the market is segmented into diabetics, Cancer, Injuries, Cardiac disorders and others. Diabetics and cardiac disorders account for the major share of the market under this segment. On basis of supply, the market is categorized into Hospitals, Online and Offline Medical Second Opinion Providers, Private Clinics and Health Insurance Agencies. Online platforms are getting a major boost due to the development of the digital platform globally.
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On the basis of region, the global Medical Second Opinion market is categorized into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America leads the Medical Second Opinion market due to presence of large number of companies in this market and also due to increasing investments from the government.
Some of the major players in Medical Second Opinion market are Amradnet, London Pain Clinic, Johns Hopkins USA, Cynergy Care, Bright Grey Royal London Group, Helsana Group, Mendocino County Mental Health, Hyjiya Digital Wellness FZCO, Penn Medicine
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