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.
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this 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.
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Grand View Research, Inc
Phone: 1-415- 349-0058
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Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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