Top Trends in Urgent Care Center Market – Investment to Grow at 5.3% CAGR & Projected to Reach US$ 25.93 Billion by 2023
Key factors driving growth of urgent care center market are affordable care and shorter waiting periods offered by urgent care centers, growing investments in urgent care, increasing geriatric population, & strategic developments between urgent care providers & hospitals.
Pune, India – April 11, 2018 /MarketersMedia/ —
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%. Key factors driving growth of this market are affordable care and shorter waiting periods offered by urgent care centers, growing investments in urgent care, increasing geriatric population, & strategic developments between urgent care providers and hospitals.
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Urgent care center 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.
Key Target Audience:
• Urgent care centers
• Healthcare corporations
• Hospitals
• Primary care facilities
• Medical service providers
• Physicians
• Nurse practitioners
• Radiologists and pathologists
• Freestanding emergency departments
• Venture capitalists
Report analyzes urgent care center market and aims at estimating market size and the future growth potential of this market based on various segments such as services, ownership, and region. Report also includes an in-depth regulatory analysis for various regions across globe & competitive analysis of the key players in this market along with their company profiles, recent developments, & key strategies adopted by them to remain competitive in market.
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Global urgent care center market segmented into acute illness treatment, trauma/injury treatment, physical examination, immunizations & vaccination, and other services (diagnostics, telemedicine, & travel & occupational medicine. Trauma/injury treatment segment is expected to register highest CAGR during forecast period. High growth in this segment can be attributed to rising number of unintentional, minor injuries & increasing preference for affordable & immediately available healthcare services.
Urgent care center Market, by Service
• Acute illness treatment
• Trauma/injury treatment
• Physical examinations
• Immunizations & vaccination
Urgent care center Market, by Ownership
• Corporate-owned
• Physician-owned
• Multiple physician-owned
• Single physician-owned
• Hospital-owned
Geographic segments in urgent care center report include North America, Europe, Asia Pacific, and RoW. Of these, North American segment is expected to account for largest share of market in 2018. The large share & high growth in this region can be attributed to growing geriatric population in the region, affordability and promptness of urgent care services, & inception of specialty urgent care.
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The geographic segments in urgent care center market report include North America, Europe, Asia Pacific, and RoW. Of these, North American segment is expected to account for largest share of market in 2018. Large share and high growth in this region can be attributed to growing geriatric population in region, affordability & promptness of urgent care services, & inception of specialty urgent care.
Break of primary participants was as mentioned below:
• By Designation – C-level–31%, Director Level–19%, Others–50%
• By Region – North America–46%, Europe–25%, Asia Pacific–18%, RoW–11%
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Source: MarketersMedia
Release ID: 329042
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