Retail clinics market was estimated to be over US$ 2500 Mn in 2018. It is anticipated to grow at a CAGR of 18.3% from 2019 to 2030.
Ease of access, cost effectiveness, shorter waiting time, flexible visiting hours and no mandate of prior appointments are some of the pivotal factors triggering the growth of the retail clinics market. To fortify their foothold in the market, prominent players are increasingly focusing on collaborative initiatives or expanding their presence. For instance, in September 2018, Norton Healthcare Inc. collaborated with Walgreens to provide healthcare services at eight stores in the Louisville market. They plan on working together to ensure that patients benefit from Walgreens pharmacy and its expansive pharmacy services.
Major Key Players of the Retail Clinics Market are:
Aurora Health Care, RediClinic, The Kroger Co., CVS Pharmacy, Walgreens Boots Alliance, Inc., Bellin Health, NEXtCARE, HEALTHCARE WORKS, INC., Urgent Care MSO, LLC, among others.
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Retail clinics are also used as an alternative for another source of care centers such as hospital emergency departments (EDs) for nonemergency care. These clinics are used by people for simple acute conditions or preventive care. Retail clinics have nurse practitioners and physician assistants that help people in improvising their conditions. Continuously rising lifestyle diseases such as diabetes, obesity, hypertension and lower cost of services at retail clinics compared to the traditional care centers are some of the key factors propelling its demand globally.
The Retail Clinics Market is segmented on the basis of Application, Operator, Location and region.
Major Applications of Retail Clinics Market covered are:
- Vaccination
- Point-Of-Care
- Clinical Chemistry & Immunoassay
Major Operator of Retail Clinics Market covered are:
- Pharmacies/Big Box Retailers
- Hospital Operated
- Private Owners
Major Location of Retail Clinics Market covered are:
- Retail Store
- Drugstore Chain
- Standalone Drugstore
Retail clinics are considered as a secondary choice by many patients, which in turn limits the volume of the patient population visiting retail clinics. Poor outreach of retail clinics in several developing as well as underdeveloped regions is another factor that is hampering its growth. North America holds the largest market share in the retail clinic market. It is expected to continue to dominate the retail clinics market in the forecast period due to growing preference of convenience care in the region.
Research objectives:-
– To study and analyze the global Retail Clinics consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Retail Clinics market by identifying its various sub-segments.
– Focuses on the key global Retail Clinics manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Retail Clinics with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Table of Contents
- INTRODUCTION
- Market Definition
- Market Ecosystem
- Currency Used
- RESEARCH METHODOLOGY
- Research Framework
- Data Collection Technique
- Data Sources
- Market Estimation Methodology
- Data Validation and Triangulation
- ABSTRACT OF THE STUDY
- MARKET DYNAMICS ASSESMENT
- Overview
- Drivers
- Barriers/Challenges
- Opportunities
- UNIQUE SELLING PROPOSITIONS (USPs)
- Cost Assessment: Per Patient Visit
- Reimbursement Scenario Assessment – Snapshot
- GLOBAL RETAIL CLINICS MARKET – ANALYSIS & FORECAST, BY APPLICATION
- Vaccination
- Point-Of-Care
- Clinical Chemistry & Immunoassay
- Other Applications
- GLOBAL RETAIL CLINICS MARKET – ANALYSIS & FORECAST, BY OPERATOR
- Pharmacies/Big Box Retailers
- Hospital Operated
- Private Owners
- GLOBAL RETAIL CLINICS MARKET – ANALYSIS & FORECAST, BY LOCATION
- Retail Stores
- Drugstore Chains
- Standalone Drugstores
- GLOBAL RETAIL CLINICS MARKET – ANALYSIS & FORECAST, BY REGION
- North America Retail Clinics Market
- Europe Retail Clinics Market
- Rest of the World (ROW) Retail Clinics Market
- COMPETETIVE LANDSCAPE
- Market Share Analysis (2018)
- Key Strategies Assessment
- Merger & Acquisitions
- Agreements, Collaborations, & Partnerships
- Expansions
- Other Strategies
- COMPANY PROFILES (Business Overview, Services Offered, Financial Performance, Recent Developments)*
- Aurora Health Care
- RediClinic
- The Kroger Co.
- CVS Pharmacy
- Walgreens Boots Alliance, Inc.
- Bellin Health
- NEXtCARE
- HEALTHCARE WORKS, INC.
- Urgent Care MSO, LLC
- Other Prominent Players
*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain
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In the end, Retail Clinics industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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