US Medical Second Opinion Market is predicted to reach USD 8.39 billion at a CAGR of 19.75% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global US Medical Second Opinion Market”.

The US medical second opinion market is estimated to register a CAGR of 19.75% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the US Medical Second Opinion   market—

SecondOpinionExpert, Inc. (California, US), Included Health, Inc. (California, US), AccessHope, LLC (California, US), Navvisa (California, US), 2nd.MD (Huston, US)

Market Highlights

The US medical second opinion market is accounted to register a CAGR of 19.75% during the forecast period and is estimated to reach USD 8.39 billion by 2032.

Patients nationwide in the US are experiencing an increase in financial burdens caused by healthcare services. The rise in healthcare expenses, attributed to a lack of healthcare professionals and limited resources, is driving the necessity for optimizing healthcare costs. Furthermore, the focus on minimizing additional expenses and raising awareness about potential exploitation by healthcare institutions is significantly fueling the market for second medical opinions. This allows consumers to access more information when making crucial decisions regarding surgery or other medical cases. Additionally, providers of medical second opinions evaluate surgical recommendations by conducting further analysis of medical records, diagnoses, and alternative treatment options in place of surgery. These aspects of seeking a second opinion can contribute to reducing treatment costs.

Moreover, seeking a second opinion on surgical decisions can also lower the risk of surgical complications, ultimately decreasing additional healthcare costs. For example, a 2021 study by the World Health Organization revealed that 1 in 5 patients in the US experience complications from surgical procedures.

Access full report @ https://www.marketresearchfuture.com/reports/us-medical-second-opinion-market-16298

Segment Analysis

The US Medical Second Opinion market has been segmented based on diagnosis, service provider and mode of payment.

Based on diagnosis, the market is segmented into Cancer, Cardiovascular/Heart Disorders, Spine Procedures, Neurology Conditions, Others. The cancer segment held the largest market share in 2022 and is expected to be the fastest-growing segment during the forecast period, this is due to the rapid increase in prevalence of cancer.

Based on service provider, the US Medical Second Opinion market has been segmented into Hospitals Physicians/Specialties, Online Physicians Portal, Medical Second Opinion Companies and Health Insurance Companies.  The hospitals physicians/specialties segment held the largest market share in 2021, and online physicians’ portal is the fastest-growing segment during the forecast period. Online physician portal has become more popular during the COVID-19 phase. This portal helps patients improve their health and reduce costs. The online portals benefit patients by optimizing the treatment, providing a second opinion from anywhere, and helping in emergency situations.

On the basis of the mode of payment, the market is segmented into segment into online payment and offline payment. The online payment segment dominated the market in 2021 and is projected to be the fastest-growing segment during the forecast period, 2023–2032. The companies operating in the medical second opinion market provide quick online services, including second opinions in orthopedic surgery, oncology, radiology, and other areas. These online medical second opinion services give patients a secure, timely, and convenient way to get answers to their questions about disease diagnosis and possible treatment plans.

Key Findings of the Study

• The US Medical Second Opinion market is expected to reach USD 8.39 billion by 2032, at a CAGR of 19.75% during the forecast period.


• Based on diagnosis, the Cancer segment was attributed to holding the largest market in 2022.


• The Online Payment mode led the US Medical Second Opinion market by payment.


• SecondOpinionExpert, Inc. (California, US), Included Health, Inc. (California, US), AccessHope, LLC (California, US), Navvisa (California, US), 2nd.MD (Huston, US). are some major key players