Online Doctor Consultations - Finland

Finland

Highlights

The revenue in the Online Doctor Consultations market in Finland is projected to reach US$35.58m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 6.40%, resulting in a projected market volume of US$48.52m by 2029.
The user penetration will be 2.92% in 2024 and is expected to hit 3.07% by 2029.
The average revenue per user (ARPU) is expected to amount to US$219.50.
In global comparison, most revenue will be generated United States (US$2.39bn in 2024).
Online doctor consultations in Finland are gaining popularity due to the country's high digital literacy and emphasis on healthcare accessibility.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Online Doctor Consultations market in Finland is witnessing significant growth and evolution.

Customer preferences: Customers in Finland are increasingly valuing convenience and accessibility when it comes to healthcare services. The demand for digital fitness and well-being solutions, online doctor consultations, and digital treatment and care services is on the rise as individuals seek efficient and time-saving ways to address their healthcare needs. The ability to consult with healthcare professionals remotely, access medical advice, and receive treatment recommendations online aligns with the preferences of customers looking for convenient and personalized healthcare solutions.

Trends in the market: In Finland, there is a growing trend towards utilizing digital platforms for various healthcare needs. The Online Doctor Consultations market is expanding to offer a wide range of services, including virtual doctor visits, digital fitness programs, and remote monitoring solutions. This trend is driven by advancements in technology, increasing internet penetration, and the growing acceptance of telemedicine among both healthcare providers and patients. Moreover, the COVID-19 pandemic has accelerated the adoption of online healthcare services, further fueling the growth of the market in Finland.

Local special circumstances: Finland has a well-established healthcare system known for its high-quality care and efficient services. The country also has a tech-savvy population with a high level of digital literacy, making it conducive for the adoption of online doctor consultations and digital healthcare solutions. Additionally, Finland's geographical landscape, with remote areas and a dispersed population, creates a need for telemedicine services to ensure healthcare access for all residents. These special circumstances contribute to the rapid development of the Online Doctor Consultations market in Finland.

Underlying macroeconomic factors: The Online Doctor Consultations market in Finland is influenced by various macroeconomic factors, including the country's stable economy, high healthcare expenditure, and government support for digital health initiatives. Finland's strong focus on innovation and technology in the healthcare sector, along with favorable regulatory frameworks, fosters the growth of online healthcare services. Furthermore, the increasing aging population and the prevalence of chronic diseases drive the demand for convenient and accessible healthcare solutions, further propelling the expansion of the Online Doctor Consultations market in the country.

Data coverage:

The data encompasses B2C enterprises. Figures are based on revenues and user data of relevant mobile applications and consumer electronics companies.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players, industry reports, third-party reports, and survey results from primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, population, internet penetration, smartphone penetration, consumer spending, and healthcare spending. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.