Online doctor consultation market to grow by $38.87b until 2028

One key driver is the trend towards new technologies.

The global online doctor consultation market is projected to rise by $38.87b until 2028 at an estimated compound annual growth rate of over 29.6%, said Technavio.

The sector’s expansion is attributed to the increasing incidence and prevalence of infectious diseases and a trend towards new technologies.

integration of machine learning, predictive analytics, and the Internet of Things is driving the market. Industry 4.0 has positively impacted healthcare by enabling real-time patient monitoring and data collection.

Moreover, the increasing use of smartphone cameras and video conferencing software has further contributed to the market’s growth.

Cloud-based platforms and digital health tools, such as AI-assisted diagnosis and home consultation services, are becoming integral to healthcare, particularly for managing chronic conditions and lifestyle disorders.

“Hospitals and clinics are also joining the bandwagon, offering remote monitoring and AI-assisted diagnosis support,” the report said.