Global Urgent Care Centers Industry Anticipated to Reach US$30.5 bn by the end of 2020

An insightful study, titled “Urgent Care Centers Market” has been freshly broadcasted to the vast research repository of Market Research Reports Search Engine (MRRSE). This research study provides detailed comprehensions and forecasts future growth of the global market with an in-depth study of the factors impacting revenue growth throughout the mentioned forecast period. Further, a deep analysis on the major players from diverse regions is also present in the report.

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The growing expenditure on healthcare coupled with the rising geriatric population have triggered the demand for convenient and cost-effective medical care worldwide. The model of urgent care has been designed for providing opportune access to cost-effective and quality healthcare services across the globe the Urgent Care Association of America puts forth the definition of urgent care centers of UCCs as the medical care centers that deliver health care services on a walk-in or no appointment basis for treating injuries or illnesses that are over the scope of conventional primary care and are also at the same time not life threatening.

Maximum of the urgent care centers deliver services for moderate injuries, trauma, illness, monitoring, screening, lab tests, physicals, routine vaccinations, and occupational medicine. The rising geriatric population across the globe along with the prevalence of inexpensive medical care services are the core drivers for the growth of the global market for urgent care centers. Moreover, the growing investments in the market for urgent care centers has been resultant of the increase in the number of advanced urgent care centers across the world, therefore impacting the market confidently. On the other hand, the nonappearance of physicians and the growing cost of initial establishment of urgent care centers are expected to constrain the growth of the market in the years ahead.

The global urgent care centers market is expected to witness a 3.80% CAGR between 2014 and 2020. The market is projected to rise to a valuation of US$30.5 bn by the end of 2020 from a worth US$23.5 bn in 2013.

The global market for urgent care centers has been segment in terms of services into monitoring and screening, diagnostic, routine vaccination, physical, trauma and injury, and illness. The foremost revenue was produced through illness services that held for the leading share in the global urgent care centers market closely trailed by the injury segment. Maximum of the visits in the urgent care centers market were recorded for illness circumstances of which the upper five conditions were upper respiratory tract infections, urinary tract infections, fever & cold, pharyngitis, and otitis media. They collectively held for over 50% of illness related visits.

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Region-wise, the market has been segmented into Asia Pacific, Europe, North America, and the Rest of World. North America was the leading market with the majority share in the global urgent care centers market closely trailed by Europe. North America is projected to maintain its governing position through the forecasted period. This can be credited to the mounting adoption of urgent care centers for non-emergency conditions. The upsurge in demand for walk-in health services and the increase in demand for moneymaking medical care are also causative of the growth of the urgent care centers market in North America. On the other hand, in the Asia Pacific region, India, Japan, Australia, China, and New Zealand are the main countries that provide huge prospects to companies operating in the market. In Rest of the World (RoW), Mexico, Brazil, South Africa, Turkey, Israel, and UAE are the foremost countries where the urgent care centers market is anticipated to record noteworthy growth.

The research study also incorporates a qualitative analysis of the competitive scenario in these regions. The competitive landscape section of the report includes market share analysis by accredited and non-accredited urgent care centers across the U.S. The report also includes state-wise distribution of urgent care centers and key players in the U.S. market. A detailed qualitative analysis of the factors responsible for driving and restraining the growth of the urgent care centers market and future opportunities has been provided in the market overview section. The study further provides insights into Porter’s five forces analysis, market attractiveness analysis, and recommendations which would be useful for existing and new players to sustain and increase market share in the global urgent care centers market.

The study is a robust combination of primary and secondary research. Primary research formed the bulk of our research efforts with information collected from telephonic interviews and interactions via e-mails. Secondary research involved study of company websites, annual reports, press releases, stock analysis presentations, and various international and national databases. This report concludes with the company profiles section in which major players in the urgent care centers market have been profiled based on various attributes such as company overview, financial overview, product portfolio, business strategies and recent/key developments in the market. Key players covered in this report include AFC/Doctors Express, CareSpot Express Healthcare LLC, Concentra, Inc., FastMed Urgent Care, MD Now, MinuteClinic LLC, MedExpress, NextCare Urgent Care, Patient First and U.S. HealthWorks, Inc.

The global urgent care centers market is segmented as follows:

Urgent Care Centers Market, by Services

Illness
Injury
Physical
Vaccination
Diagnostic
Screening

Urgent Care Centers Market, by Geography

North America
Europe
Asia-Pacific
Rest of the World (RoW)

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