1. What is the projected Compound Annual Growth Rate (CAGR) of the U.S. Retail Clinics Market?
The projected CAGR is approximately 12.5%.
+1 2315155523
MR Forecast provides premium market intelligence on deep technologies that can cause a high level of disruption in the market within the next few years. When it comes to doing market viability analyses for technologies at very early phases of development, MR Forecast is second to none. What sets us apart is our set of market estimates based on secondary research data, which in turn gets validated through primary research by key companies in the target market and other stakeholders. It only covers technologies pertaining to Healthcare, IT, big data analysis, block chain technology, Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Energy & Power, Automobile, Agriculture, Electronics, Chemical & Materials, Machinery & Equipment's, Consumer Goods, and many others at MR Forecast. Market: The market section introduces the industry to readers, including an overview, business dynamics, competitive benchmarking, and firms' profiles. This enables readers to make decisions on market entry, expansion, and exit in certain nations, regions, or worldwide. Application: We give painstaking attention to the study of every product and technology, along with its use case and user categories, under our research solutions. From here on, the process delivers accurate market estimates and forecasts apart from the best and most meaningful insights.
Products generically come under this phrase and may imply any number of goods, components, materials, technology, or any combination thereof. Any business that wants to push an innovative agenda needs data on product definitions, pricing analysis, benchmarking and roadmaps on technology, demand analysis, and patents. Our research papers contain all that and much more in a depth that makes them incredibly actionable. Products broadly encompass a wide range of goods, components, materials, technologies, or any combination thereof. For businesses aiming to advance an innovative agenda, access to comprehensive data on product definitions, pricing analysis, benchmarking, technological roadmaps, demand analysis, and patents is essential. Our research papers provide in-depth insights into these areas and more, equipping organizations with actionable information that can drive strategic decision-making and enhance competitive positioning in the market.
U.S. Retail Clinics MarketU.S. Retail Clinics Market by Service Type (Acute Respiratory Infections, Sore Throat, Conjunctivitis, Urinary Tract Infections, Immunization, Screening Services, Others), by Ownership (Retailer-owned Operators, Independent Operators, Hospital-owned Operators), by Channel (Retail Pharmacies, Groceries/Retail Stores, Others), by Forecast 2026-2034
The U.S. Retail Clinics Market size was valued at USD 2.71 USD Billion in 2023 and is projected to reach USD 6.18 USD Billion by 2032, exhibiting a CAGR of 12.5 % during the forecast period. Retail clinics are healthcare facilities staffed by nurse practitioners or physician assistants who operate in self-contained clinics within a pharmacy, supermarket, or large retail outlet. They are manned by nurse practitioners or physician assistants and offer primary care to cases that are not emergencies with the aim of decongesting healthcare facilities. There are some operating under retail chains, independent owners, and so forth, as well as, sometimes, in partnerships with healthcare systems. Some of the features include; 24hrs + availability, walk-ins accepted, and no hidden fees. Uses include minor health complaints, and long-term conditions. Existing trends in the US healthcare market indicate positive market expansion fueled by the necessity of providing accessible high-quality care at lower prices and the introduction of telemedicine services.
Service Type
Ownership
Channel
June 2023: CVS Health's MinuteClinic was awarded its sixth consecutive Ambulatory Health Care Accreditation from the Joint Commission.
July 2022: Amazon announced plans to enter the retail clinics business through its Neighborhood Health Center Pilot Program.
May 2022: CVS Health launched CVS Health Virtual Primary Care, a digital care solution connecting services, expertise, and data for a consumer-centric healthcare experience.
May 2022: Kaiser Permanente announced a collaboration with Mayo Clinic to establish hospital-at-home care capacity.
March 2022: Walmart Inc. expanded its Walmart Health centers in Florida, increasing accessibility to its healthcare services.
The comprehensive report on the U.S. Retail Clinics Market includes:
Drivers:
Restraints:
Opportunities:
Challenges:
Trends:
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 12.5% from 2020-2034 |
| Segmentation |
|
Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 12.5%.
Key companies in the market include Walmart Inc. (U.S.), CVS Health (U.S.), Walgreens Boots Alliance, Inc. (U.S.), Kroger | The Kroger Co (U.S.), Kaiser Foundation Health Plan, Inc. (U.S.), Target Brands, Inc. (U.S.), Bellin Health Systems (U.S.), Geisinger Health (U.S.).
The market segments include Service Type, Ownership, Channel.
The market size is estimated to be USD 2.71 USD Billion as of 2022.
Regulatory Mandates for Adoption of Electronic Health Records (EHR)/Electronic Medical Records (EMR) to Assist Revenue Cycle Management Market Growth.
Increasing Number of Hospitals and ASCs Identified as Significant Market Trend.
Lack of Provision for Treatment of Complex Diseases May Restrict Market Growth.
June 2023 - CVS Health's MinuteClinic was awarded its sixth consecutive Ambulatory Health Care Accreditation from the Joint Commission.
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 2850, USD 3850, and USD 4850 respectively.
The market size is provided in terms of value, measured in USD Billion.
Yes, the market keyword associated with the report is "U.S. Retail Clinics Market," which aids in identifying and referencing the specific market segment covered.
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
To stay informed about further developments, trends, and reports in the U.S. Retail Clinics Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.