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Online Doctor Consultations - Nicaragua

Nicaragua
  • Revenue in the Online Doctor Consultations market is projected to reach US$1.71m in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 5.48%, resulting in a projected market volume of US$2.23m by 2029.
  • User penetration will be 2.03% in 2024 and is expected to hit 2.14% by 2029.
  • The average revenue per user (ARPU) is expected to amount to US$11.74.
  • In global comparison, most revenue will be generated United States (US$2.39bn in 2024).

Definition:

The telemedicine industry encompasses various forms of remote medical services, with online doctor consultations or teleconsultations being a significant component. The Online Doctor Consultations market focuses exclusively on remote consultations between patients and doctors facilitated through online channels such as websites or mobile apps. It includes both public and private medical institutions that offer this service. Notably, online appointment scheduling, online medical records, and online prescriptions are excluded from the scope of this market.

Additional Information:

The user figures provided encompass two categories: individuals who have used online doctor consultation services in the past 12 months and potential users who are considering adopting this approach in the future. The revenue figures presented solely pertain to paid consultations conducted through a website or mobile app. It is important to note that the data exclusively reflects business-to-consumer (B2C) revenues; business-to-business (B2B) revenues are not included.

In-Scope

  • Remote consultations with doctors conducted via a website or mobile app

Out-Of-Scope

  • Online appointment scheduling
  • Online medical records
  • Online prescriptions
Online Doctor Consultations: market data & analysis - Cover

Market Insights report

Online Doctor Consultations: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

    Most recent update: Jul 2024

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Users

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Methodology

    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.

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