Urgent Care Centers Market: Cost Effective Medical Care Is a Strong Driver in the Expansion of the Market

Logo

Albany, NY -- (SBWire) -- 05/09/2019 --The global market for urgent care centers has been studied at length in this market research study by Transparency Market Research. As per the report, the market is considered to be highly fragmented in nature, owing to the presence of a large number of players operating across the globe. The key players in the market are making notable efforts to maintain their leading position in the market and attract a large number of consumers across the globe.

The rising number of collaborations and mergers and acquisitions is projected to enhance the competitive environment of the market in the next few years. In addition to this, the rising research and development activities is likely to support the overall growth of the market in the coming few years. Some of the key players operating in the urgent care center market across the globe are MinuteClinic LLC, Patient First and U.S., AFC/Doctors Express, MedExpress, MD Now, FastMed Urgent Care, HealthWorks Inc., CareSpot Express Healthcare LLC, NextCare Urgent Care, and Concentra Inc.

According to the market research study by Transparency Market Research, in 2013, the global market for urgent care centers was worth US$23.5 bn and is projected to reach a value of US$30.5 bn by the end of 2020. The market is likely to register a healthy 3.80% CAGR between 2014 and 2020.

Request for Sample Copy of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2254

North America to Experience High Growth in Coming Years

The global market for urgent care centers has been categorized on the basis of geography into North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe. In the last few years, North America accounted for a large share of the global market and is projected to maintain its leading position throughout the forecast period. The rising adoption of urgent care centers for non-emergency conditions is considered as one of the major factors anticipated to encourage the growth of this region in the coming few years.

Moreover, a significant rise in the demand for walk-in health services and the growing need for money making medical care is likely to enhance the growth of the market in the near future. Asia Pacific, on the other hand, is projected to witness healthy growth in the coming years, owing to the increasing contribution from China, India, New Zealand, Japan, and Australia.

Furthermore, the global market for urgent care centers has been categorized on the basis of services into diagnostics, physical trauma and injury, routine vaccination, illness, and monitoring and screening. The illness services segment, among the other key segments is projected to hold a major share of the global urgent care centers market in the forecast period. The most number of visits in the urgent care centers have been recorded for illness services, which is predicted to register high revenue in the coming years.

Request Report Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2254

Introduction of Specialty Urgent Care Centers to Enhance Market Growth

The rising investments in urgent care and the rising geriatric population are the major factors that are projected to encourage the growth of the global urgent care centers market throughout the forecast period. The strategic developments among the hospitals and urgent care providers and the short waiting periods and affordable care are projected to accelerate the growth of the overall market in the next few years. On the flip side, the lack of skilled workforce is predicted to restrict the growth of the market in the near future. Nonetheless, the introduction of specialty urgent care centers and the increasing use of data integration to enhance the market growth in the near future.

This information is based on the findings of a research report published by Transparency Market Research (TMR), titled "Urgent Care Centers Market (Illness, Injury, Physical, Vaccination, Diagnostic and Screening) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020."

Key Takeaways:

The growing need for affordable care is considered as one of the major factors that is likely to encourage the growth of the market in the coming years.
Use of patient engagement technologies and rising opportunities from developing nations to encourage market growth in coming years.

About Transparency Market Research
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Media Relations Contact

Rohit Bhisey
AVP Marketing
1-518-618-1030
https://www.transparencymarketresearch.com/

View this press release online at: http://rwire.com/1214416