LONDON--(BUSINESS WIRE)--Technavio has been monitoring the online doctor consultation market and it is poised to grow by USD 3.80 bn during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions:
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What are the major trends in the market?
The imbalance between high patient influx and understaffing at health centers are major trend driving the growth of the market. -
At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at 6.13% and the incremental growth of the market is anticipated to be $ 3.80 bn. -
Who are the top players in the market?
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., and Vidyo Inc., are some of the major market participants. -
What are the key market drivers and challenges?
The growing adoption of remote patient monitoring is one of the major factors driving the market. -
How big is the Europe market?
The Europe region will contribute 37% of the market share.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 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., and Vidyo Inc. are some of the major market participants. The growing adoption of remote patient monitoring will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Online Doctor Consultation Market 2020-2024: Segmentation
Online Doctor Consultation Market is segmented as below:
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Product
- Services
- Software
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Geography
- North America
- Europe
- APAC
- MEA
- South America
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Online Doctor Consultation Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The online doctor consultation market report covers the following areas:
- Online Doctor Consultation Market Size
- Online Doctor Consultation Market Trends
- Online Doctor Consultation Market Industry Analysis
This study identifies an imbalance between high patient influx and understaffing at health centers as the prime reasons driving the online doctor consultation market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Online Doctor Consultation Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist online doctor consultation market growth during the next five years
- Estimation of the online doctor consultation market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the online doctor consultation market
- 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
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Services - Market size and forecast 2019-2024
- Software - Market size and forecast 2019-2024
- Market opportunity by Product
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume drivers – Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
- Industry risks
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- 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.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
-
List of abbreviations
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