Middle East & Africa Medical Second Opinion Market Report (2021–2031) by Scope, Segmentation, Dynamics, and Competitive Analysis.

The Middle East & Africa medical second opinion market size is expected to reach US$ 215.90 million by 2031 from US$ 111.86 million in 2023. The market is estimated to record a CAGR of 8.6% from 2023 to 2031.

Executive Summary and Middle East & Africa Medical Second Opinion Market Analysis:

Middle East & Africa consists of the United Arab Emirates (UAE), Saudi Arabia, South Africa, and the Rest of the Middle East & Africa. Due to the growing healthcare expenditure, increasing efforts of players to introduce better treatment options for the population, and increasing prevalence of chronic diseases in the region, the market is expected to grow significantly.

Middle East & Africa Medical Second Opinion Market Strategic Insights

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Middle East & Africa Medical Second Opinion Market Segmentation Analysis

Key segments that contributed to the derivation of the Middle East & Africa medical second opinion market analysis are condition and service provider.

• Based on condition, the Middle East & Africa medical second opinion market is segmented into cancer, orthopedic disorders, cardiac disorders, neurological disorders, nephrological disorders, hematological blood disorders, COPD, organ transplant, and others. The cancer segment held the largest share of the market in 2023.
• Based on service provider, the Middle East & Africa medical second opinion market is segmented into hospitals, health insurance companies, and online services. The hospitals segment held the largest share of the market in 2023.

Middle East & Africa Medical Second Opinion Market Outlook

The increasing integration of medical services and digital platforms is causing increased popularity and acceptance of digital consultation. This digital platform allows patients to get a second medical opinion without any visit to the hospitals or clinics. The service can provide significant patient convenience, improved patient experience, and effective cost management. Deploying digital platforms enables patients to be consulted from any remote region with better accessibility to medical experts. The increase in collaborations and partnerships between software development companies and healthcare institutions is accelerating the digitalization of medical consulting services. In October 2021, Cigna Health Plan announced that it was significantly expanding access to covered virtual care services, including digital-first primary, dermatology, behavioral and urgent care. The growing digitalization of medical consulting services is expected to contribute to the growth of the medical second opinion market in the coming years.

Middle East & Africa Medical Second Opinion Market Country Insights

Based on country, the Middle East & Africa medical second opinion market comprises Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Saudi Arabia held the largest share in 2023.

Saudi Arabia has been experiencing an exponential rise in cancer incidences and a subsequent increase in the number of deaths across the country. According to a study titled “Cancer Research Challenges and Potential Solutions in Saudi Arabia,” published in January 2024, the number of new cases is expected to increase from 27,885 in 2020 to 60,429 by 2040. According to Family Medicine and Primary Care, the study titled "Public Knowledge and Awareness about Parkinson's Disease in Saudi Arabia" states that the prevalence of Parkinson's disease (PD) in Saudi Arabia is 27 per 100,000 people. Further, according to the United Nations Population Fund Report 2021, Saudi Arabia is undergoing a demographic transition. People aged 60 and above are expected to increase from 2 million in 2020 to 10.5 million by 2050. People aged 55 and above are at high risk of developing neurological diseases, i.e., affecting 5–55% of the geriatric population. Cancer and neurological disorders are difficult to diagnose and may lead to misdiagnoses among a large number of people. This scenario propels the need for medical second opinions.

The International Medical Center (IMC) in Saudi Arabia collaborated with the Mayo Clinic Care Network in 2018. IMC healthcare professionals consult with Mayo Clinic doctors and get a second opinion, which benefits patients and reduces their anxiety. Similarly, telemedicine has gained popularity because it offers convenience over traditional in-person medical appointments. For instance, MyUSADr, a leading telemedicine platform, provides access to US-based medical specialists to obtain second opinions for patients living in Saudi Arabia. Such services that help in obtaining medical second opinions in Saudi Arabia are likely to favor the market growth.

Middle East & Africa Medical Second Opinion Market Report Highlights

Middle East & Africa Medical Second Opinion Market Company Profiles

Some of the key players operating in the market include Second Opinion International; Elite Medical Services; The Cigna Group; Helsana; WorldCare; Vidal Health Insurance TPA Pvt Ltd; 2nd.MD; Axa SA; Teladoc Health Inc; Included Health, Inc.; and Royal Doctors among others. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.

Middle East & Africa Medical Second Opinion Market Research Methodology :

The following methodology has been followed for the collection and analysis of data presented in this report:

• Secondary Research

The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:

• Company websites, annual reports, financial statements, broker analyses, and investor presentations.
• Industry trade journals and other relevant publications.
• Government documents, statistical databases, and market reports.
• News articles, press releases, and webcasts specific to companies operating in the market.

Note: All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.

• Primary Research

The Insight Partners conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis and gain valuable insights. These research interviews are designed to:

• Validate and refine findings from secondary research.
• Enhance the expertise and market understanding of the analysis team.
• Gain insights into market size, trends, growth patterns, competitive dynamics, and future prospects.

Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:

• Industry stakeholders: Vice Presidents, business development managers, market intelligence managers, and national sales managers
• External experts: Valuation specialists, research analysts, and key opinion leaders with industry-specific expertise

Middle East & Africa Medical Second Opinion Market Country and Regional Insights