Online Doctor Consultations - Sweden

Sweden

Highlights

In Sweden, the Online Doctor Consultations market is projected to reach US$81.99m in revenue by 2024.
It is expected to demonstrate an annual growth rate (CAGR 2024-2029) of 6.15%, resulting in a projected market volume of US$110.50m by 2029.
The user penetration in Sweden is anticipated to be 3.55% in 2024 and is projected to reach 3.92% by 2029.
The average revenue per user (ARPU) is expected to amount to US$216.10.
In terms of global comparison, the majority of revenue will be generated United States, with US$2.39bn in 2024.
In Sweden, the demand for online doctor consultations in the digital health market is rapidly increasing due to the country's high digital literacy rate and a desire for convenient healthcare access.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Online Doctor Consultations market in Sweden has been experiencing significant growth and development in recent years.

Customer preferences: Customers in Sweden are increasingly valuing convenience and accessibility when it comes to healthcare services. The shift towards online doctor consultations is driven by the need for quick and efficient medical advice without the hassle of traditional in-person visits. Moreover, the tech-savvy population in Sweden is embracing digital solutions for various aspects of their lives, including healthcare.

Trends in the market: One of the key trends in the Online Doctor Consultations market in Sweden is the integration of digital fitness and well-being services with online doctor consultations. This holistic approach to healthcare resonates well with the health-conscious population in Sweden, who are looking for comprehensive solutions to manage their well-being. Additionally, the market is seeing a rise in the demand for digital treatment and care services, allowing patients to receive ongoing medical support and follow-up remotely.

Local special circumstances: Sweden's well-established healthcare system, known for its high quality and accessibility, provides a solid foundation for the growth of the Online Doctor Consultations market. The country's strong focus on innovation and technology also creates a favorable environment for the adoption of digital healthcare solutions. Furthermore, the cultural emphasis on work-life balance in Sweden contributes to the increasing popularity of online services that save time and offer flexibility.

Underlying macroeconomic factors: The Online Doctor Consultations market in Sweden is also influenced by macroeconomic factors such as the increasing healthcare expenditure in the country. As healthcare costs continue to rise, online consultations offer a cost-effective alternative for both patients and the healthcare system. Additionally, the growing aging population in Sweden drives the demand for convenient healthcare solutions, further fueling the expansion of the Online Doctor Consultations market.

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.