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U.S. and European Concierge Medicine Market A Prescription for Growth Across the Atlantic 2024-2031
U.S. and Europe Concierge Medicine Market worth $ 22.23 Billion by 2030 - Exclusive Report by InsightAce AnalyticInsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global U.S. and Europe Concierge Medicine Market- by Type (Independent Concierge Physician and Network-Affiliated Concierge Physician), Speciality Area (Primary Care, Internal Medicine, Osteopathic Medicine, Cardiology, Pediatric and Others), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."
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According to the latest research by InsightAce Analytic, the global U.S. and Europe Concierge Medicine market is valued at US$ 8.13 Billion in 2021. It is expected to reach US$ 22.23 Billion by 2030, with a CAGR of 10.02% during a forecast period of 2024-2031.
Concierge Medicine: A Growing Market for Personalized Care
Concierge medicine, a relatively new approach in the American healthcare system, offers personalized, comprehensive care on a patient's schedule. Often delivered by primary care physicians, it functions as an alternative to traditional healthcare, aiming to better serve both patients and providers. This subscription-based model, particularly valuable for those with chronic illnesses, is gaining traction within internal medicine.
Several factors are driving the market for concierge medicine:
• Demand for High-Quality Care: The shift towards value-based healthcare emphasizes quality, increasing the need for skilled primary care physicians.
• Rise of Telemedicine: The emergence of telemedicine startups is expected to further propel market growth.
• Improved Efficiency: Concierge medicine streamlines access to healthcare services and enhances chronic condition management.
• Reduced Wait Times & Transparency: These clinics often boast shorter wait times, increased transparency, and better overall care experiences.
• Accessibility: The growing availability of concierge facilities caters to a wider patient pool.
• Increased Demand for Specialty Care: As the need for specialized treatment rises, the concierge medicine industry is expected to follow suit.
• Impact of COVID-19: The pandemic has significantly altered patient care landscapes, pushing traditional healthcare systems to adapt. Concierge medicine offers a flexible, potentially safer alternative for many patients.
Market Growth by Region:
North America, particularly the United States and Europe, is expected to dominate the concierge medicine market in the coming years. The large and growing US healthcare sector, coupled with increasing patient demands and a focus on improved care experiences, positions North America as a key market leader. Europe's regional market is also anticipated to experience significant growth, with businesses expanding and renovating facilities to meet the demands of this burgeoning industry.
Major market players operating in the U.S. and Europe Concierge Medicine market include
Frisco Concierge Medicine, Sollis Health, Elysium Medical, Inc., Longevity Health, Included Health, Northwest Community Healthcare, Elm Place Medical Group, MD2 International, Concierge Home Integrative Care, GoForward, Inc, WorldClinic, MDVIP, Signature MD, Crossover Health, Specialdocs Consultants, LLC, PartnerMD, Concierge Consultants & Cardiology, Castle Connolly Private Health Partners, Peninsula Doctor, Cambell Family Medicine,
Destination Health, Priority Physicians, Inc., U.S. San Diego Health, Garner Health Technology, Inc., Risalto Health Inc., HeyRenee, The Perfect Companion, Inc., Upstate Concierge Medicine, SM Concierge Medicine, United Concierge Medicine, Sutter Health, Penn Personalized Care, Spectrum Health, Transparent, Concierge Medicine Europe, Mediconcierge srl, Macbeth International, European Wellness Retreat, Swiss Medical Gate, HCA Concierge Centre, Concierge Choice UK, eedoo health concierge, Other Prominent Player.
Recent collaborations and agreements in the market:
• In January 2022, HeyRenee raised $4.4 million in a seed round led by Quiet Capital, with City Light Capital, Fika Ventures, Global Founders Capital, Mucker Capital, SaaS Ventures, and Tau Ventures also participating. Renee plans to be the first open platform to design the ideal balance of services for each patient's specific needs and then help them through a simple, interactive daily plan.
• In January 2022, Torch Capital and Denali Growth Partners led the Series A financing round for Sollis Health. Through this funding, Sollis will reach more patients in established locations such as Emerging York, Los Angeles, and Miami/Palm Beach, as well as new markets such as San Francisco.
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Market Segments
Global U.S. and Europe Concierge Medicine Market, by Type, 2022-2030 (Value US$ Mn)
• Independent Concierge Physician
• Network-Affiliated Concierge Physician
Global U.S. and Europe Concierge Medicine Market, by Specialty Area, 2022-2030 (Value US$ Mn)
• Primary Care
• Internal Medicine
• Osteopathic Medicine
• Cardiology
• Pediatric
• Others
Global U.S. and Europe Concierge Medicine Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America U.S. and Europe Concierge Medicine Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe U.S. and Europe Concierge Medicine Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific U.S. and Europe Concierge Medicine Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America U.S. and Europe Concierge Medicine Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa U.S. and Europe Concierge Medicine Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
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To receive a comprehensive analysis of the prospects for the global U.S. and Europe Concierge Medicine market
To receive an industry overview and future trends of the U.S. and Europe Concierge Medicine market
To analyze the U.S. and Europe Concierge Medicine market drivers and challenges
To get information on the U.S. and Europe Concierge Medicine market value (US$ Mn) forecast to 2030
Significant investments, mergers & acquisitions in the U.S. and Europe Concierge Medicine market industry
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