Report

Rocket Doctor AI (CSE: AIDR / OTC: AIRDF / FSE: 939) - AI-Driven Solutions for Next-Generation Virtual Care - Initiating Coverage

Rocket Doctor (RD) operates an AI-powered virtual healthcare platform that connects patients and physicians, addressing the rapid growth of virtual care. Virtual visits have increased from about 1% of healthcare appointments in early 2020 to over 20% today, and the global virtual care market is projected to grow from US$20 billion in 2025 to US$248 billion by 2034, representing a 32% CAGR.
Since launching in Canada in 2020, RD has supported approximately 300 physicians and facilitated around 150,000 appointments per year, totaling over 700,000 since inception. The company has recently expanded into the U.S. through partnerships with more than 10 insurers, giving access to roughly 13 million insured patients. RD generates revenue through physician subscriptions and per-appointment fees, achieving high gross margins of 85–90%, and its scalable platform is built to support millions of annual visits.
At the core of RD’s technology is its AI-powered Global Library of Medicine (GLM), which provides real-time diagnostic support across more than 1,000 diseases and 17,000 symptoms. Developed using over 25,000 hours of clinician input and validated medical content, GLM supports diagnosis, treatment planning, patient care, clinician training, and medical simulation.
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Fundamental Research
Fundamental Research

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Analysts
Sid Rajeev

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