Online Doctor Consultations - Malta

Malta

Highlights

The revenue in the Online Doctor Consultations market in Malta is projected to reach US$1.56m in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 3.62%, resulting in a projected market volume of US$1.86m by 2029.
The user penetration is estimated to be 1.94% in 2024 and is expected to increase to 2.10% by 2029.
The average revenue per user (ARPU) is projected to be US$149.40.
In global comparison, the highest revenue is expected to be generated United States, with a revenue of US$2.39bn in 2024.
As the demand for convenient and accessible healthcare services continues to rise, Malta is experiencing a surge in the popularity of online doctor consultations in the Digital Health market.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Online Doctor Consultations market in Malta has been experiencing significant growth in recent years, driven by various factors that have shaped the landscape of digital healthcare services in the country.

Customer preferences: Maltese customers are increasingly turning to online doctor consultations for their healthcare needs due to the convenience and accessibility it offers. With busy lifestyles and the need for immediate medical advice, digital platforms provide a quick and efficient way to connect with healthcare professionals. Moreover, the younger demographic in Malta, who are more tech-savvy, are more inclined towards utilizing digital solutions for their healthcare requirements.

Trends in the market: One of the key trends in the Online Doctor Consultations market in Malta is the integration of digital fitness and well-being services within online platforms. This holistic approach to healthcare not only allows users to consult with doctors but also access fitness plans, mental health resources, and wellness programs. The market is also witnessing a rise in digital treatment and care services, where patients can receive follow-up consultations, monitoring, and even medication delivery through online platforms.

Local special circumstances: Malta's unique geographical challenges, such as limited access to healthcare facilities in remote areas, have contributed to the increasing popularity of online doctor consultations. The digitalization of healthcare services has helped bridge the gap between urban and rural populations, ensuring that all residents have access to quality medical advice and treatment. Additionally, the multilingual population in Malta benefits from online platforms that offer consultations in various languages, catering to the diverse needs of the community.

Underlying macroeconomic factors: The growing emphasis on healthcare technology and innovation in Malta, supported by government initiatives and investments in digital infrastructure, has created a favorable environment for the expansion of the Online Doctor Consultations market. Furthermore, the COVID-19 pandemic has accelerated the adoption of telemedicine services, pushing both healthcare providers and patients towards digital solutions for consultations and treatment. This shift towards online doctor consultations is expected to continue as Malta embraces the digital transformation of its healthcare sector.

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.