Global Online Doctor Consultation Market 2023-2030

Global Online Doctor Consultation Market 2023-2030

Global Online Doctor Consultation Market Size, Share & Trends Analysis Report by Service (E-Out Patient Department, E-Pathology, E-Radiology, E-Diabetes Consultation, and Others), and by End-Users (Private & Government Hospitals, Independent Consultants & Clinics, Home Care Setting, and Rehabilitation Center), Forecast Period (2023-2030)

The global online doctor consultation market is anticipated to grow at a CAGR of 8.8% during the forecast period (2023-2030). The adoption of online health services, such as online doctor health consultation services (ODHCS), can benefit both industry and policy in the health service sector. The Key factor driving the market is growing owing to more companies are adopting the digitalization approach and connecting technologically. Smart technology is being gradually adopted by patients, clients, physicians, medical professionals, and the medical community for daily work. Expert physicians and healthcare professionals are signing up for online healthcare services. Due to its potential, it has gained a lot of popularity. It provides quick and simple service delivery. For instance, in September 2021, to enhance healthcare services, ZiffyHealth introduced the first e-clinic. A three-way video consultation capability is also available, which is helpful for our younger generation's desire to care for parents who reside in other cities. A third party may be brought into the session to assist the patient or the doctor.

Segmental Outlook

The global online doctor consultation market is segmented on the service, and end users. Based on the service, the market is sub-segmented into E-OPD, E-pathology, E-radiology, E-diabetes consultation, and others (dermatology). Based on the end users, the market is sub-segmented into private & government hospitals, independent consultants & clinics, home care settings, and rehabilitation centers. Among the end users, the sub-segment is anticipated to hold a considerable share of the market owing to the rising development of innovative technology and increased internet-based healthcare services have made it more convenient for people to seek medical advice remotely. Doctors can address healthcare issues quickly and patients also can learn about suitable treatment options in minutes.

The E-OPD Sub-Segment is Anticipated to Hold a Considerable Share of the Global Online Doctor Consultation Market

Among the services, the sub-segment is expected to hold a considerable share of the global online doctor consultation market. The segmental growth is attributed to the growing influence of the high frequency of lifestyle disorders, cost- and time-saving modes of consultation for uninterrupted healthcare service, and the increasing registration of healthcare consultants and doctors on digital platforms. According to the National Health Authority in February 2023, under the Ayushman Bharat Digital Mission (ABDM) scheme, over five lakh patients benefited from e-out patient department registration areas of the participating hospitals. For instance, in February 2023, the latter vertical, eSanjeevaniOPD, was introduced by the Indian Health Ministry and serves both urban and rural residents. It makes use of technology to make doctor consultations accessible from the patient's home, regardless of location, via cell phones, tablets, and laptops.

Regional Outlook

The global online doctor consultation market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America. Among these, North America is anticipated to hold a prominent share of the market across the globe, owing to the high increase in geriatric population and increasing number of internet users. The key market including MDLIVE, Inc., Amwell, PlushCare, Teladoc health, and others.

Global Online Doctor Consultation Market Growth by Region 2023-2030

Source: OMR Analysis

The Asia-Pacific Region is Expected to Grow at a Significant CAGR in the Global Online Doctor Consultation Market

Among all regions, the Asia-Pacific region is anticipated to grow at a considerable CAGR over the forecast period. Regional growth is attributed to an increase in healthcare digitalization activities and multiple government initiatives in remote patient monitoring. Owing to development in technological advancements associated with online doctor consultation and telecommunication increased the market growth. For instance, in February 2020, A ""close contact detector"" application that provides details about the individual who has the sickness is one that the Chinese government has introduced. The market has grown faster thanks to rising healthcare companies' efforts to digitize health systems.

In the Asia-Pacific region, the rise in digital healthcare facility platforms and patient therapy systems is boosting market growth. Countries such as India and China are expected to have the highest growth rate in the forecast period, owing to the growing geriatric population and increased integration of online doctor consultations with treatment providers. The market for online doctor consultations also provides in-depth market analysis of each country's growth in capital healthcare expenditures, the installed base of different product types for the market, the impact of technology using lifeline curves, and changes in healthcare regulatory scenarios and their effects on the market.

Market Players Outlook

The major companies serving the programmatic advertising market include American Well Corp., Doctor Anywhere., Doctoroo Australia Pty. Ltd., MDLIVE Inc., Medifi Medtech Solutions USA Ltd., Virtuwell, ZocDoc, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September 2021, Doctor Anywhere (DA), a regional telehealth network, and Philippine conglomerate Equicom Group partnered to provide a telemedicine platform and create an all-encompassing digital healthcare ecosystem in the Philippines. On-demand virtual doctor consultations and services for chronic care are important aspects.

The Report Covers

Market value data analysis of 2022 and forecast to 2030.

Annualized market revenues ($ million) for each market segment.

Country-wise analysis of major geographical regions.

Key companies operating in the global online doctor consultation market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.

Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.

Analysis of market-entry and market expansion strategies.

Competitive strategies by identifying ‘who-stands-where’ in the market.