Transparency Market Research Urgent Care Centers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
Published Date 2015-01-13
72 Page Report
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Urgent Care Centers Market Expected to Reach USD 30.5 Billion Globally in 2020 Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
Urgent Care Centers Market
REPORT DESCRIPTION
Urgent Care Centers Market - Global Industry Analysis, Size and Forecast 2014 - 2020 According to a new market report published by Transparency Market Research “Urgent Care Centers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 2020,� the global urgent care centers market was valued at USD 23.5 billion in 2013 and is expected to grow at a CAGR of 3.8% from 2014 to 2020, to reach an estimated value of USD 30.5 billion by 2020.
Urgent care centers (UCCs), an emerging section of the health care industry that provides nonemergency care to general population. In regards to the compass of services offered, UCCs offer services on a walk-in, no appointment basis for non-life threatening illnesses and injuries. The majority of UCCs also provide services in occupational medicine, vaccinations, diagnostic, screening and monitoring and school physicals. Over the last two decades, the number of UCCs has been increasing all over the U.S., and the number continues to grow. Presently, more than 9,000 urgent care centers are operational in the United States alone.
Browse the full Urgent Care Centers Market Report at : http://www.transparencymarketresearch.com/urgent-care-centers-market.html
The UCCs market is a diverse playing field where pioneering leaders have built urgent care models to address the extensive demand for cost-efficient and convenient health care. The UCCs have seen significant growth over the last decade due to longer waiting times for appointments with emergency departments (EDs) and primary care providers, difficulty in same-day access for sick care and limited access to after-hours care at hospitals and other health care providers. Majority of the UCCs operate seven days a week, and remain open from 9:00 am to 7:00 pm or later on weeknights. A physician, nurse practitioner, or physician assistant usually attends patients within 15 to 45 minutes on arrival in comparison to approximately four-hour average ED visit time. The UCCs market is expected to witness more transactions and consolidations in the next three to four years. One of the important factors driving the market is the constantly increasing insured population. Expanding health insurance coverage in the U.S. is expected to
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increase the demand for urgent care services. Patients with private coverage are more likely to seek medical treatment at an urgent care center than at an ED or other hospital settings. The Patient Protection and Affordable Care Act (2010) have added coverage for a new group of approximately 32 million individuals in 2014. The changes brought by the Affordable Care Act would be pivotal to UCCs becoming a standard for convenient and affordable public health care. According to industry experts, the new act would influence the Urgent Care Centers Market significantly by penetrating into the sub-urban areas.
The urgent care industry would continue to be a forcing house of deals over the next five years, as different financial and strategic partners race to institute a strong geographical presence and larger market share. With the current trend, UCCs would quickly replace primary care physicians and emergency rooms across the U.S. Consequently, dozens of private equity firms have already put capital to work in UCCs across the country to exploit the high profit margin health care market. The market has already seen huge capital investments from leading equity firms in the past few years.
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However, physician access is expected to worsen in the next few years and could affect the growth of the UCCs market. The American Association of Medical Colleges stated that up to one third of the physician population would retire in the next decade, which is expected to have a restraining effect on the growth of the overall UCCs market.
The global urgent care centers market is segmented on the basis of major services offered by the centers. These include services for moderate illness, injury and trauma, physical, routine vaccination, diagnostic and screening and monitoring. The major share of the revenue was generated through illness services that accounted for majority of the share in the global urgent care centers market followed by the injury segment. Diagnostic segment has been anticipated to grow at a fastest CAGR during the forecast period from 2014 to 2020 due to increasing prevalence of metabolic and cardiovascular diseases.
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Browse the full Urgent Care Centers Market press release at : http://www.transparencymarketresearch.com/pressrelease/urgent-carecenters-market.htm
In a geographical sense, the market has been categorized into four major regions, namely, North America, Europe, Asia Pacific and Rest of the World. North America accounted for the maximum share of the global market in 2013 followed by Europe. The ever increasing demand for affordable and convenient health care in the U.S. has been the major contributing factor for the growth of market in this region. The market for UCCs is expected to grow at a rapid pace during the forecast period from 2014 to 2020 in the Asia Pacific and Rest of the World market. The improving healthcare infrastructure in this region is attributed to the growth the urgent care centers market in this region. Competitive landscape of UCCs market consists of a large number of small players along with very few companies with international reach. Concentra Inc. was the largest stake holder in 2013 with an over 310 centers across 40 states.
The global medical waste management market is segmented as follows:
Urgent Care Centers Market, by Services
➢ Illness
➢ Injury
➢ Physical
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➢ Vaccination
➢ Diagnostic
➢ Screening
Urgent Care Centers Market, by Geography
➢ North America
➢ Europe
➢ Asia-Pacific
➢ Rest of the World (RoW)
TABLE OF CONTENT
Chapter 1 Preface 1.1 Report Description 1.2 Research Methodology 1.3 Market Segmentation
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1.4 List of Abbreviations
Chapter 2 Executive Summary 2.1 Comparative Analysis: Global Urgent Care Centers Market, By Geography, 2013 & 2020 (Value %)
Chapter 3 Market Overview 3.1 Introduction 3.2 Market Drivers 3.2.1 Cost effective medical care is a strong driver in the expansion of urgent care centers market 3.2.2 Appointment flexibility and reduced wait time at UCCs attracts large pool of patients 3.2.3 Growing health insurance coverage propelling the demand for services offered by UCCs 3.2.4 Increasing investment in the urgent care centers market helping in geographic expansion of large chain UCCs 3.3 Market Restraints 3.3.1 High initial costs associated with the establishment of new UCCs hinders the market growth 3.3.2 Continued physician shortages puts limit on growth of Urgent Care Centers Market 3.4 Market Opportunities 3.4.1 Underserved states in the U.S. would offer opportunities in the UCCs market 3.5 Porter’s Five Force Analysis 3.5.1 Bargaining Power of Buyers 3.5.2 Bargaining Power of Suppliers
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3.5.3 Threat of New Entrants 3.5.4 Threat of Substitutes 3.5.5 Competitive Rivalry 3.6 Market Attractiveness Analysis 3.7 Competitive Landscape 3.7.1 U.S. Urgent Care Centers Market Analysis: 2013 (Value %) 3.8 Value Chain Analysis: Global Urgent Care Centers Market
Chapter 4 Global Urgent Care Centers Market, by Services 4.1 Overview 4.2 Illness 4.2.1 Urgent Care Centers Market, for Illness, 2012 – 2020 (USD Million) 4.3 Injuries 4.3.1 Urgent Care Centers Market, for Injuries, 2012 – 2020 (USD Million) 4.4 Physical 4.4.1 Urgent Care Centers Market, for Physical, 2012 – 2020 (USD Million) 4.5 Vaccination 4.5.1 Urgent Care Centers Market, for Vaccination, 2012 – 2020 (USD Million) 4.6 Diagnostics 4.6.1 Diagnostics Segment Market Revenue, by Tests, 2012 – 2020 (USD Million) 4.7 Screening
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4.7.1 Urgent Care Centers Market, for Screening, 2012 – 2020 (USD Million)
Chapter 5 Global Urgent Care Centers Market, by Geography 5.1 Introduction 5.2 North America 5.2.1 North America Urgent Care Centers Market Revenue, 2012 - 2020 (USD Million) 5.3 Europe 5.3.1 Europe Urgent Care Centers Market Revenue, 2012 - 2020 (USD Million) 5.4 Asia Pacific 5.4.1 Asia Pacific Urgent Care Centers Market Revenue, 2012 - 2020 (USD Million) 5.5 Rest of the World (RoW) 5.5.1 Rest of the World Urgent Care Centers Market Revenue, 2012 - 2020 (USD Million)
Chapter 6 Recommendations 6.1 Focus on rural areas to increase market penetration 6.2 Integration of point of care dispensing to offer one-stop health care solution 6.3 Robust marketing for urgent care centers would provide competitive advantage 6.4 Mergers and acquisitions to enter the market or to strengthen presence
Chapter 7 Company Profiles
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7.1 AFC/Doctors Express 7.1.1 Company Overview 7.1.2 Financial Overview 7.1.3 Services Portfolio 7.1.4 Business Strategies 7.1.5 Recent Developments 7.2 CareSpot Express Healthcare LLC 7.2.1 Company Overview 7.2.2 Financial Portfolio 7.2.3 Services Portfolio 7.2.4 Business Strategy 7.2.5 Recent Developments 7.3 Concentra, Inc. 7.3.1 Company Overview 7.3.2 Financial Overview 7.3.3 Product Portfolio 7.3.4 Business Strategies 7.3.5 Recent Developments 7.4 FastMed Urgent Care 7.4.1 Company Overview 7.4.2 Financial Overview
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7.4.3 Product Portfolio 7.4.4 Business Strategies 7.4.5 Recent Developments 7.5 MD Now 7.5.1 Company Overview 7.5.2 Financial Overview 7.5.3 Product Portfolio 7.5.4 Business Strategies 7.5.5 Recent Developments 7.6 MedExpress 7.6.1 Company Overview 7.6.2 Financial Overview 7.6.3 Product Portfolio 7.6.4 Business Strategies 7.6.5 Recent Developments 7.7 MinuteClinic, LLC 7.7.1 Company Overview 7.7.2 Financial Overview 7.7.3 Services Portfolio 7.7.4 Business Strategies 7.7.5 Recent Developments
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7.8 NextCare 7.8.1 Company Overview 7.8.2 Financial Overview 7.8.3 Product Portfolio 7.8.4 Business Strategies 7.8.5 Recent Developments 7.9 Patient First 7.9.1 Company Overview 7.9.2 Financial Overview 7.9.3 Product Portfolio 7.9.4 Business Strategies 7.9.5 Recent Developments 7.10 U.S. HealthWorks, Inc. 7.10.1 Company Overview 7.10.2 Financial Overview 7.10.3 Services Portfolio 7.10.4 Business Strategy 7.10.5 Recent Developments List of Figures
FIG. 1 Urgent Care Centers Market Segmentation
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FIG. 2 Global Urgent Care Centers Market, by Services, 2013 (USD Million) FIG. 3 Comparative Analysis: Global Urgent Care Centers Market, by Geography, 2013 & 2020 (Value %) FIG. 4 Market Attractiveness Analysis: Global Urgent Care Centers, by Geography FIG. 5 U.S. Urgent Care Centers Market Analysis: 2013 (Approx. number of UCCs by State) FIG. 6 Urgent Care Centers Market Value Chain Analysis FIG. 7 Urgent Care Centers Market, for Illness, 2012 – 2020 (USD Million) FIG. 8 Urgent Care Centers Market, for Injuries, 2012 – 2020 (USD Million) FIG. 9 Urgent Care Centers Market, for Physicals, 2012 – 2020 (USD Million) FIG. 10 Urgent Care Centers Market, for Vaccination, 2012 – 2020 (USD Million) FIG. 11 Urgent Care Centers Market, for Screening, 2012 – 2020 (USD Million) FIG. 12 North America Urgent Care Centers Market, 2012 – 2020 (USD Million) FIG. 13 Europe Urgent Care Centers Market, 2012 – 2020 (USD Million) FIG. 14 Asia Pacific Urgent Care Centers Market, 2012 – 2020 (USD Million) FIG. 15 Rest of the World Urgent Care Centers Market Revenue, 2012 - 2020 (USD Million) List of Tables
TABLE 1 List of Abbreviations TABLE 2 Market Snapshot: Global Urgent Care Centers Market TABLE 3 Major Players: U.S. Urgent Care Centers Market TABLE 4 Global Urgent Care Centers Market, by Services, 2012 – 2020 (USD Million) TABLE 5 Diagnostics Segment Market Revenue, by Tests, 2012 – 2020 (USD Million)
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TABLE 6 Global Urgent Care Centers Market Revenue, by Geography, 2012 – 2020 (USD Million) Browse All Pharmaceutical Market Research Reports @ http://www.transparencymarketresearch.com/pharmaceutical-market-reports-1.html
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