Press release
Retail Clinics Market Will Hit at a Volume CAGR 10.2% From 2027 - CVS Health, Rite Aid, Walmart, Walgreens, Nextcare Holdings, MedExpress, Doctors care and Concentra
Retail Clinics Market accounted for US$ 3,408.96 Mn in 2018 and is expected to grow at a CAGR of 10.2% during the forecast period 2019 – 2027, to account for US$ 8,108.98 Mn by 2027.The retail clinics market in the North America region is largely held by countries such as the United States, Canada, and Mexico. The retail clinics market across the region is estimated to grow significantly due to rapidly increasing numbers of retail clinics. The growth of the market is also attributed to the lower cost of retail services as compared to an emergency department. In addition, the market is projected to grow due to factors such as affordable prices, ease, convenience & accessibility, and the ability to expand healthcare services.
Worldwide Retail Clinics Market Analysis to 2027 is a specialized and in-depth study of the Retail Clinics Industry with a focus on the global market trend. The report aims to provide an overview of global Retail Clinics Market with detailed market segmentation by product/application and geography. The global Retail Clinics Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status of the Retail Clinics players and offers key trends and opportunities in the market.
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Top Leading Market Players:
1. The Kroger Co.
2. CVS Health
3. Rite Aid Corp
4. Walmart Inc.
5. Walgreens co.
6. Nextcare Holdings, Inc.
7. MedExpress
8. Doctors care
9. Bellin Health Systems
10. Concentra, Inc.
Key Benefits :
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Retail Clinics Market.
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).
Retail clinics, also known as urgent care clinics, are the alternative treatment sites that deliver care from a qualified provider in settings outside of the emergency department or traditional office. The retail clinics generally are standalone type and do not have the observation beds. Apart from care quality, convenience is the primary factor that helps in contributing to taking patient treatment decisions. These clinics are located in easy-to-get-to locations such as the malls, shopping plazas, stores, and provide non-fatal emergency care to the patients.
These types of clinics are the ideal to solve acute health issues that are simple to diagnose and treat, such as sinus infections, strep throat, urinary tract infections, flu shots, bronchitis ear infections, ringworm, immunizations among others. Also, few retail clinics provide preventive health screenings, such as diabetes, cholesterol, blood pressure, and skin cancer analysis.
Increasing the growth of retail clinics represents a trend towards newer healthcare models that affects the existing models of health care, such as clinical laboratories, hospitals, and pathology groups. The retail clinics are designed for immediate treatment of symptoms and vaccinations but do not provide an in-depth examination or long-term healthcare relationship between patient and physician. The lower costs, easy accessibility, and flexibility combined with low-wait times for primary care helps to upsurge the market for retail clinics.
The global retail clinic market by location type segments was led by the store. In 2018, the store accounted for the largest market share in the global retail clinics market. Growth in the store market is expected due to the rapidly growing number of retail clinics. However, the store segment is estimated to mark the highest CAGR in the market during the forecast period, Owing to factors such as the rising popularity of these stores for delivering immediate health services with quality of care.
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Reasons to Buy the Report :
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.
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The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: www.theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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