Urgent Care Center Market is anticipated to grow at a CAGR of 5.03% from 2021 to 2027 globally - Axiom MRC
Urgent Care Center Market is anticipated to grow at a CAGR of 5.03% from 2021 to 2027 globally - Axiom MRC
Date: December 2021
New York, December 2021: Axiom Market Research & Consulting™ added a report on urgent care center market which includes study on service, ownership, and geography. The urgent care center market was projected to grow at a CAGR of 5.03% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the urgent care center market.
The factors such as promptness and effectiveness of the urgent care services, along with the increasing preference to the urgent care center owning to the increased demand for the instant care for the small injuries is attributed to the growth of the market. In addition, increasing elderly population, introduction of the specialty urgent care, rapid growth in the healthcare industry across the globe, increasing awareness regarding urgent care centers among the people, growing number of the strategic developments between hospitals and urgent care providers and increase in the number of the medical insurance are also expected to improve the growth of the urgent care center market during the forecast period.
The report analyses the urgent care center market based on service, ownership and geography. By service, the urgent care center market is segmented into acute illness treatment, immunizations and vaccination, physical examinations, trauma/injury treatment, and other services. By ownership, the urgent care center market is segmented into corporate-owned, physician-owned, hospital-owned, and others. Based on the geography, the urgent care center market is studied for the regions including North America, Europe, Asia-Pacific, and Rest of the World.
Acute illness treatment and trauma or injury treatment service segments are estimated to experience fast growth in the urgent care center market
The factors such as increasing prevalence rate of the acute diseases like strep throat, cold, fever and many others, along with an increase in the incidence of minor, accidental injuries and growing demand for the immediately available and most affordable healthcare services are contributing to the growth of the segment in the market.
The physician-owned ownership segment is estimated to experience fast growth in the urgent care center market
The factors such as increasing number of the physician-owned urgent care center across the globe, along with the large presence of the professional physicians and increasing demand for providing immediate care to the patient are responsible for the growth of the market.
North America held the highest market share in the urgent care center market
The increasing number of the urgent care centres across the United States of America is the main factor responsible for driving the growth of the market in the region. The United States and Canada are likely going to be dominating the market during the forecast period.
Key Players
The key players in the urgent care center market are AEA International Holdings Pte. Ltd, American Family Care, Carenow Urgent Care, CareSpot (United Surgical Partners International), City Practice Group of New York, Citymd, Columbia Asia Hospitals, Concentra, Inc. (Select Medical Holdings), Fastmed Urgent Care, GoHealth Urgent Care (Access Clinical Partners), HCA Healthcare UK (HCA Healthcare), MedExpress (UnitedHealth Group), NextCare Holdings, Inc, St Joseph's Health Care London, and U.S. HealthWorks, Inc. (Dignity Health).