2018 Global Urgent Care Center Market with Forecasts to 2023 - Concentra, MedExpress, American Family Care, NextCare Holdings, and FastMed Urgent Care are Dominating
DUBLIN, March 29, 2018 /PRNewswire/ --
The "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" report has been added to ResearchAndMarkets.com's offering.
The global urgent care center market is projected to reach USD 25.93 Billion by 2023 from USD 20.07 Billion in 2018, at a CAGR of 5.3% during the forecast period.
The growth of this market is driven by factors such as growing investments in urgent care, increasing geriatric population, strategic developments between urgent care providers and hospitals, and affordable care and shorter waiting periods offered by urgent care centers.
The report describes and studies the global market by service, ownership, and region. It provides detailed information regarding the major factors influencing the growth of this market and the regulatory analysis impacting market dynamics.
On the basis of services, the global market is segmented into acute illness treatment, trauma/injury treatment, physical examination, immunizations & vaccination, and other services (diagnostics, telemedicine, and travel & occupational medicine. The trauma/injury treatment segment is expected to register 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.
Based on ownership, the market is segmented into corporate-owned, physician-owned, hospital-owned, and other centers. The physician-owned urgent care centers segment is further categorized into multiple physician-owned, and single physician-owned. The corporate-owned urgent care centers segment is expected to account for the largest share and register the highest CAGR during the forecast period.
The geographic segments in this report include North America, Europe, Asia Pacific, and RoW. Of these, the North American segment is expected to account for the largest share of the market in 2018. The large share and high growth in this region can be attributed to the growing geriatric population in the region, the affordability and promptness of urgent care services, and the inception of specialty urgent care.
Lack of a skilled workforce could be a challenging factor for this market. Concentra (US), MedExpress (US), American Family Care (US), NextCare Holdings (US), and FastMed Urgent Care (US) are the key players in the urgent care center market. Other players involved in this market include CityMD (US), CareNow Urgent Care (US), GoHealth Urgent Care (US), HCA Healthcare UK (UK), Columbia Asia Hospitals (India), International SOS (China), and St. Joseph's Health Care London (Canada).
Market Dynamics
Drivers
- Affordable Care and Shorter Waiting Periods Offered By Urgent Care Centers
- Growing Investments in Urgent Care
- Strategic Developments Between Urgent Care Providers and Hospitals
- Increasing Geriatric Population
Opportunities
- Introduction of Specialty Urgent Care Centers
- Use of Data Integration and Patient Engagement Technologies
- Emerging Markets to Offer High Growth Opportunities
Challenge
- Lack of A Skilled Workforce
Key Topics Covered
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology
2.1 Research Methodology Steps
2.1.1 Secondary and Primary Research Methodology
2.1.1.1 Secondary Research
2.1.1.1.1 Secondary Sources
2.1.1.2 Primary Research
2.1.1.2.1 Primary Sources
2.1.1.2.2 Key Insights From Primary Sources
2.1.2 Market Size Estimation Methodology
2.1.3 Research Design
2.1.4 Market Data Estimation and Triangulation
2.1.5 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Urgent Care Center Market Overview
4.2 Geographic Analysis: Market, By Ownership
4.3 Urgent Care Center Market, By Service, 2018 vs 2023
4.4 Market, By Ownership, 2018 vs 2023
4.5 Geographic Snapshot of the Market
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.2 Opportunities
5.2.3 Challenges
6 Urgent Care Center Market, By Service
6.1 Introduction
6.2 Acute Illness Treatment
6.3 Trauma/Injury Treatment
6.4 Physical Examinations
6.5 Immunization & Vaccination
6.6 Other Services
7 Urgent Care Center Market, By Ownership
7.1 Introduction
7.2 Corporate-Owned Urgent Care Centers
7.3 Physician-Owned Urgent Care Centers
7.3.1 Multiple-Physician-Owned Urgent Care Centers
7.3.2 Single-Physician-Owned Urgent Care Centers
7.4 Hospital-Owned Urgent Care Centers
7.5 Other Urgent Care Centers
8 Urgent Care Center Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.1.1 Affordability and Promptness of Urgent Care Services
8.2.1.2 Increasing Inclination to Venture Into Urgent Care
8.2.1.3 The Advent of Specialty Urgent Care
8.2.1.4 Increasing Geriatric Population
8.2.2 Canada
8.2.2.1 Long Healthcare Wait Times
8.2.2.2 Increasing Older Population
8.3 Europe
8.3.1 EU-3
8.3.2 Rest of Europe
8.4 Asia Pacific
8.5 Rest of the World (RoW)
9 Competitive Landscape
9.1 Overview
9.2 Ranking of Players, 2017
9.3 Competitive Scenario
9.3.1 Expansions
9.3.2 Acquisitions
9.3.3 Partnerships and Collaborations
9.3.4 Other Strategies
10 Company Profiles
10.1 Concentra (A Part of Select Medical Holdings Corporation)
10.2 Medexpress (A Subsidiary of Unitedhealth Group's Optum Division)
10.3 American Family Care
10.4 Nextcare Holdings
10.5 Fastmed Urgent Care (A Subsidiary of Abry Partners)
10.6 Citymd (A Part of Warburg Pincus)
10.7 Carenow Urgent Care (A Subsidiary of Hospital Corporation of America Inc.)
10.8 Gohealth Urgent Care (A Subsidiary of Access Clinical Partners)
10.9 HCA Healthcare UK (A Subsidiary of the Hospital Corporation of America)
10.10 Columbia Asia Hospitals (A Subsidiary of Columbia Asia)
10.11 International SOS (A Subsidiary of AEA International Holdings Pte. Ltd.)
10.12 St. Joseph's Health Care London (A Part of St. Joseph's Health Care Society)
For more information about this report visit https://www.researchandmarkets.com/research/lx847k/2018_global?w=5
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