Press release
Urgent Care Center Market by Service (Acute Illness Treatment, Trauma/Injury Treatment, Physical Examination, Immunization & Vaccination), Ownership (Corporate Owned, Physician Owned, Hospital Owned), and Region - Global Forecast to 2023
"The urgent care center market is projected to grow at a CAGR of 5.3%. during the forecast period"The global urgent care center market is projected to reach USD 25.93 billion by 2023 from an estimated value of USD 20.07 billion in 2018, at a CAGR of 5.3%. The key factors driving the growth of this market are affordable care and shorter waiting periods offered by urgent care centers, growing investments in urgent care, increasing geriatric population, and strategic developments between urgent care providers and hospitals. On the other hand, the lack of a skilled workforce could be a challenging factor for this market.
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Some of the major players in the urgent care center market include Concentra (US), MedExpress (US), American Family Care (US),Next Care Urgent Care (US), and Fast Med Urgent Care (US).
"The urgent care center market is projected to grow at a CAGR of 5.3%. during the forecast period"
The global urgent care center market is projected to reach USD 25.93 billion by 2023 from an estimated value of USD 20.07 billion in 2018, at a CAGR of 5.3%. The key factors driving the growth of this market are affordable care and shorter waiting periods offered by urgent care centers, growing investments in urgent care, increasing geriatric population, and strategic developments between urgent care providers and hospitals. On the other hand, the lack of a skilled workforce could be a challenging factor for this market.
"The trauma/injury treatment segment is projected to grow at the highest CAGR during the forecast period."
Based on services, the urgent care center market is segmented into acute illness treatment, trauma/injury treatment, physical examinations, immunization & vaccination, and other services. The trauma/injury treatment segment is expected to grow at the highest CAGR during the forecast period. The high growth in this segment can be attributed to the rising number of unintentional, minor injuries and the increasing preference for affordable and immediately available healthcare services.
"North America to witness the highest growth during the forecast period."
North America is expected to grow at the highest CAGR during the forecast period of 2018-2023. Factors such as the growing geriatric population in the region, the affordability and promptness of urgent care services, and the inception of specialty urgent care, are expected to drive market growth during the forecast period.
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Research Coverage:
The report analyzes the urgent care center market and aims at estimating the market size and the future growth potential of this market based on various segments such as services, ownership, and region. The report also includes an in-depth regulatory analysis for various regions across the globe and the competitive analysis of the key players in this market along with their company profiles, recent developments, and key strategies adopted by them to remain competitive in the market.
Reasons to Buy the Report
The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them, garner a greater share. Firms purchasing the report could use any one or a combination of the below-mentioned strategies.
List of Tables
Table 1 Urgent Care Center Market, By Service , 2016-2023 (USD Million)
Table 2 Market for Acute Illness Treatment, By Region, 2016-2023 (USD Million)
Table 3 North America: Market for Acute Illness Treatment, By Country, 2016-2023 (USD Million)
Table 4 Europe: Market for Acute Illness Treatment, By Region, 2016-2023 (USD Million)
Table 5 Market for Trauma/Injury Treatment, By Region, 2016-2023 (USD Million)
Table 6 North America: Market for Trauma/Injury Treatment, By Country, 2016-2023 (USD Million)
Table 7 Europe: Market for Trauma/Injury Treatment, By Region, 2016-2023 (USD Million)
Table 8 Market for Physical Examinations, By Region, 2016-2023 (USD Million)
Table 9 North America: Urgent Care Center Market for Physical Examinations, By Country, 2016-2023 (USD Million)
Table 10 Europe: Market for Physical Examinations, By Region, 2016-2023 (USD Million)
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List of Figures
Figure 1 Breakdown of Primary Interviews: By Designation, and Region
Figure 2 Bottom-Up Approach
Figure 3 Top-Down Approach
Figure 4 Data Triangulation Methodology
Figure 5 Urgent Care Center Market, By Service (2018-2023)
Figure 6 Market, By Ownership, 2018 vs 2023
Figure 7 Geographical Snapshot of the Market (2018-2023)
Figure 8 Affordable Care and Shorter Waiting Periods Offered By Urgent Care Centers to Drive the Growth of the Market
Figure 9 Corporate-Owned Urgent Care Centers Segment to Account for the Largest Market Share in 2018
Figure 10 Acute Illness Treatment Services to Dominate the Urgent Care Center Market in 2023
Figure 11 Corporate-Owned Urgent Care Center to Account for the Largest Market Share in 2018
Figure 12 North America to Register the Highest CAGR in the Forecast Period
Figure 13 Urgent Care Center Market: Drivers, Opportunities, and Challenges
Figure 14 The Acute Illness Treatment Segment to Dominate the Market in 2018
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