The U.S. Urgent Care Market size
is expected to reach USD 30.6 billion by 2025, according to a new report by
Grand View Research, Inc., exhibiting a 6.2% CAGR during the forecast period.
Increase in incidence of chronic diseases, rising affordability of emergency
care, and growing demand for cost-effective treatment for geriatric population
are factors likely to drive the market during the forecast period.
The
U.S. urgent care market is expected to witness high growth in the coming years
due to increasing investments by service providers and growing recognition and
need to provide affordable care. In addition, growing medical coverage is
anticipated to propel market growth. According to the Patient Protection and
Affordable Care (PPAC) Act, 2010, approximately 32 million individuals were
insured in U.S.
Various
strategic initiatives such as partnerships, collaborations, mergers and
acquisitions are likely to boost the urgent care market. For instance, in June
2018, CityMD acquired STAT Health to expand its services to 100 locations in
New York City. This acquisition is expected to help address healthcare
challenges and provide coordinated care.
Hospitals
are increasing their interest in UC centers to maintain the balance between
emergency and primary care in hospitals. UC centers now possess tools for
diagnosis, blood testing, screening, radiology. Companies and the U.S.
government, in collaboration with UC centers, organize certain wellness
programs for improvement of health status of the nation’s population. Introduction
of telemedicine is assisting these centers and enabling comfortable
consultation for acute conditions.
Browse
Details of Report @ https://www.grandviewresearch.com/industry-analysis/us-urgent-care-market
Further key findings from the report suggest:
- In U.S.,
injury is one of the major causes of death among children and is
subsequently anticipated to increase demand for urgent care. According to
the Centers for Disease Control and Prevention (CDC), in 2016, about
32,074,270 injuries were reported in the country
- By
application, acute respiratory infection accounted for the largest share
in the market in 2017 due to treatment at low cost for infections such as
asthma, bronchitis, cough, nausea, and sore throat
- The
hospital-owned segment, supported by joint ventures with hospitals, accounted
for the largest share in the market and is anticipated to maintain its
dominance over the forecast period due to easy follow-up with specialists
and physicians
- Some of the
key players are Concentra, Inc.; Urgent Care MSO, LLC; American Family
Care; CareNow; City Practice Group of New York; CareSpot; Fast Pace Urgent
Care; Centra Care; Physicians Immediate Care; Intermountain Healthcare;
Aurora Health Care; Urgent Team; Prohealth; MD Now; Hometown Urgent Care;
NextCare Holdings, Inc.; and MedSpring.
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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