The "Urgent Care Center Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
The factors such as an increase in investment on urgent care centers by hospitals and the growing geriatric population are expected to drive the market.
Companies Mentioned
- U.S. HealthWorks, Inc. (Dignity Health)
- Concentra, Inc. (Select Medical Holdings)
- MedExpress (UnitedHealth Group)
- NextCare Holdings, Inc
- St Joseph's Health Care London
- CareSpot (United Surgical Partners International)
- City Practice Group of New York
- HCA Healthcare UK (HCA Healthcare)
- AEA International Holdings Pte. Ltd.
- GoHealth Urgent Care (Access Clinical Partners)
Key Market Trends
Hospital Owned Urgent Care Centers Segment is Anticipated to Grow at a High CAGR over the Forecast Period
Hospital owned urgent care centers are the urgent care facilities operated in the remote areas as an extension of hospitals. This expands hospitals clinical reach to the other regions and coordinate care.
As the urgent care centers are growing in a notable phase, hospitals and primary healthcare providers are focusing on entering into the urgent care centers market to prevent their patients from leaking away to alternative care. Furthermore, favourable reimbursement environment for the hospital-owned urgent care centers and ease of market entry compared to other segments expected to boost the hospital-owned urgent care center market growth.
on the other hand, due to advancements in diagnostic technologies and rise in geriatric population around the world, diagnostic services and acute illness treatment solutions are gaining momentum in urgent care market. According to the National Institute of Health percentage of population aged 65 and above expected to grow from 8.5% in 2015 to 16.7% in 2050.
North America Dominates the Market
North America is expected to dominate the overall urgent care center market, throughout the forecast period. This is due to factors such as technological advancements in telemedicine and adaptation of such technologies by urgent care providers to strengthen its services. Furthermore, increasing healthcare spending and number of urgent care centers, especially in the United States expected to boost the North America urgent care centers market over the forecast period. According to the Urgent Care Association, urgent care centers in the United States grown from 6,400 in 2014 to 8,774 in 2018 and expected to grow continuously in future years.
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growing Geriatric Population
4.2.2 Rising Number of Hospitals Entering Into Urgent Care Market
4.3 Market Restraints
4.3.1 Stringent Regulatory Infrastructure
4.3.2 Lack of Skilled Professionals
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Service
5.1.1 Trauma/Injury Services
5.1.2 Vaccination Services
5.1.3 Acute Illness Treatment Solutions
5.1.4 Diagnostic Services
5.1.5 Other Services
5.2 By Ownership
5.2.1 Corporate Owned
5.2.2 Hospital Owned
5.2.3 Physician Owned
5.2.4 Others
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 South Korea
5.3.3.6 Rest of Asia-Pacific
5.3.4 Middle-East and Africa
5.3.4.1 GCC
5.3.4.2 South Africa
5.3.4.3 Rest of Middle-East and Africa
5.3.5 South America
5.3.5.1 Brazil
5.3.5.2 Argentina
5.3.5.3 Rest of South America
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/dn7d8r
View source version on businesswire.com: https://www.businesswire.com/news/home/20201113005548/en/
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