Urgent care center Market is a type of walk-in clinic, a medical facility that allows patients on a walk-in basis, without any appointment. The urgent care center is mainly focused on providing ambulatory care in a dedicated medical facility outside of a traditional emergency room or emergency department. These centers primarily treat illnesses or injuries requiring instant care. These centers are limited in the type of care they can deliver. These clinics are ideal when patient need treatment for urinary tract infections, strep throat, colds, bug stings, burns, and allergic reactions. Some urgent care clinics can treat small fractures and lacerations.
Market Dynamic - Urgent Care Center Market
The global urgent care center market has been seeing tremendous growth from the past few years. The growth of the market is primarily attributed to the factors such as promptness and cost effectiveness of urgent care services, growing preference to urgent care centers owing to surged demand for instant care for small injuries, rising elderly population and the introduction of specialty urgent care. Likewise, factors such as rapid growth in the healthcare industry across the globe, increasing awareness regarding urgent care centers among people, growing number of strategic developments between hospitals and urgent care providers, and surge in the number of medical insurance are expected to improve growth of the market during the forecast period. Nevertheless, lack of skilled personnel is major restraining factor that could hamper the market growth.
Urgent Care Center Market Segmental Overview
The study analyses global urgent care center market based on service, ownership and geography.
Urgent Care Center Market by Service
Based on service, acute illness treatment and trauma or injury treatment segments are likely to experience fast growth during the forecast period. Increasing prevalence rate of acute diseases such as strep throat, cold, fever and many others, a surge in the incidence of accidental, minor injuries and rising demand for immediately available and affordable healthcare services are some of the key factors that attributed to the growth of these segments.
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Urgent Care Center Market by Ownership
Based on ownership, the market is segmented into corporate-owned, physician-owned, hospital-owned, and others. The physical-owned segment is further sub-segmented into multiple physician-owned and single physician-owned. The market for physician-owned segment is expected to experience fast growth during the forecast period. An increasing number of physician-owned urgent care centers across the globe, the massive presence of professional physicians and rising demand to provide immediate care to the patient are some of the major factors that attributed to the market growth. Alternatively, the corporate-owned segment is also expected to witness steady growth during the projection period. A surge in the acquisition of urgent care centers by several corporations and investment banks is expected to improve growth of the market
Urgent Care Center Market Key Players
The major key players of market includes 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).
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