Urgent Care Centers Market Size & Share, by Service (Trauma Services, Vaccination Services, Diagnostic Services); Ownership (Corporate, Hospital, Physician) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4898
  • Published Date: May 02, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023-2035

Urgent Care Centers Market size is expected to reach USD 67 Billion by the end of 2035, expanding at a CAGR of 8.30% during the forecast period, i.e., 2023-2035. In the year 2022, the industry size of urgent care was crossed USD 26 billion. Urgent care centers offer a variety of services, including treatment for minor illnesses and injuries, laboratory services, and X-rays, and thus, will drive the market’s growth. They are typically open outside of regular business hours and on weekends, providing patients with access to medical care when their primary care physicians may not be available. A report found that the majority of patients who seek care at urgent care centers are seen and treated within 30 minutes and that the average cost of a visit to an urgent care center is significantly lower than a visit to an emergency room.

In addition to this, a study found that urgent care centers are an appropriate setting for the treatment of a wide range of conditions, including minor illnesses and injuries. The study found that over 97% of patients who visited an urgent care center for treatment were treated successfully and did not require transfer to an emergency department. The global urgent care centers market is also becoming increasingly competitive, with a growing number of players entering the space. In addition to standalone urgent care centers, many hospitals  and healthcare systems are also opening their own urgent care centers, as are retail clinics and telemedicine providers.


Urgent Care Centers Market
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Urgent Care Centers Sector: Growth Drivers and Challenges

Growth Drivers

  • Increasing Demand for Convenient Healthcare Services: Patients today are looking for healthcare services that are convenient and accessible. Urgent care centers are able to provide these services by offering extended hours, walk-in appointments, and a variety of services under one roof. According to a survey, nearly half of urgent care center visits occur outside of regular business hours, and over 60% of patients wait 15 minutes or less to be seen by a provider.
  • Cost-Effectiveness: Urgent care centers are generally more cost-effective than emergency departments for the treatment of minor illnesses and injuries. It was noted that the average cost of a visit to an urgent care center is nearly USD 150-USD 200, while the average cost of an emergency department visit is nearly USD 1,233.
  • Technological Advancements: Advances in technology have made it easier for urgent care centers to provide high-quality care to patients. For instance, many centers now offer telemedicine services, allowing patients to consult with a provider remotely.

Challenges

  • Staffing Shortages: Urgent care centers require a variety of healthcare professionals to operate, including physicians, nurse practitioners, and medical assistants. However, there is currently a shortage of healthcare workers in many areas, making it difficult for urgent care centers to staff their facilities adequately.
  • High competition in the market
  • Reimbursement issues

Urgent Care Centers Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

~8.30%

Base Year Market Size (2022)

~ USD 26 Billion

Forecast Year Market Size (2035)

~ USD 67 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Urgent Care Centers Segmentation

Service (Trauma Services, Vaccination Services, Diagnostic Services, Other Services)

In the year 2035, the vaccination services category is predicted to have a considerable market of around 30%. The rising demand for immunizations can be attributed to the segment’s expansion. With the rise of vaccine-preventable diseases and outbreaks, there is an increasing demand for vaccinations among both children and adults. Urgent care centers are well-positioned to provide vaccination services, as they often have the necessary infrastructure and staff in place to administer vaccines. Urgent care centers are typically open seven days a week, with extended hours, making them a convenient option for patients who may not be able to schedule a vaccination during regular business hours. Also, many urgent care centers have formed partnerships with employers and schools to provide on-site vaccination services. This can be an attractive option for employers and schools, as it can help to increase vaccination rates among employees and students, leading to a healthier workforce and student body.

Ownership (Corporate, Hospital, Physician)

In the year 2035, the hospital category will grow to have the biggest market share of approximately thirty-five percent. The huge number of patients requiring urgent treatment in hospital facilities can be attributed to the segment's growth. The hospitals are also growing in number. Moreover, there are different types of facilities that can be provided in the hospitals to the patient that requires urgent care.

Our in-depth analysis of the global market includes the following segments:

    Ownership

  • Corporate

  • Hospital

  • Physician

  Services

  • Trauma Services

  • Vaccination Services

  • Diagnostic Services

  • Other Services


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Urgent Care Centers Industry - Regional Synopsis

APAC Market Statistics

The Asia Pacific region's urgent care centers market will forecast to have the highest market share of almost 35% through 2035. The increased demand for healthcare services in the region is a major contributor to regional growth. The Asia Pacific region has a large and growing population, with an increasing demand for healthcare services. Many countries in the Asia Pacific region are facing a shortage of healthcare professionals, particularly in rural areas. Urgent care centers can help fill this gap by providing care for non-life-threatening conditions, reducing the burden on emergency departments and hospitals. According to a report by the World Health Organization, the Asia Pacific region has a shortage of over 4.3 million healthcare professionals, including doctors, nurses, and midwives. Advances in technology are making it easier for urgent care centers in the Asia Pacific region to provide high-quality care to patients.

North American Market Forecast

Among all other regions, the North America urgent care centers market is expected to have the second biggest share of nearly 24% in the near future. Telemedicine is becoming increasingly common, allowing patients to consult with providers remotely in the region. The North America population is increasing, aging, and seeking more convenient and affordable healthcare services. Also, urgent care centers are partnering with healthcare providers and payers to provide integrated care for patients. These partnerships are helping to drive growth in the urgent care centers market by expanding the reach of urgent care services and increasing patient access to care.

Research Nester
Urgent Care Centers Market Share
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Companies Dominating the Urgent Care Centers Landscape

top-features-companies
    • MedExpress
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Concentra
    • NextCare Holdings
    • American Family Care
    • CityMD
    • CareNow Urgent Care
    • FastMed Urgent Care
    • U.S. HealthWorks Medical Group
    • GoHealth Urgent Care
    • MD Now

In the News

American Family Care (AFC): AFC announced that it had reached a significant milestone by administering more than 2 million doses of COVID-19 vaccine across its 28 states in the U.S. This achievement highlights AFC's commitment to providing accessible and convenient healthcare services to communities across the country.

MedExpress: MedExpress announced that it had acquired the urgent care centers of Main Line Health, a healthcare provider in the Philadelphia area. With this acquisition, MedExpress expanded its presence in the region, adding six urgent care centers to its network. This acquisition is part of MedExpress's strategy to grow its footprint and provide high-quality care to patients across the U.S.

Author Credits:  Radhika Pawar


  • Report ID: 4898
  • Published Date: May 02, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for convenient healthcare services and rise in research spending are the major factors driving the market growth.

The market size of urgent care centers is anticipated to attain a CAGR of 8.30% over the forecast period, i.e., 2023-2035.

The major players in the market are CityMD, CareNow Urgent Care, FastMed Urgent Care, U.S. HealthWorks Medical Group, GoHealth Urgent Care, MD Now, and others.

The market is segmented by ownership, services, and by region.

The hospital segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The high competition in the market is estimated to be the growth hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Urgent Care Centers Market Report Scope
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