The Retail Clinics Global Market Report 2023, provides comprehensive information on the retail clinics market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Retail Clinics Global Market Report 2023, the global retail clinics market size is expected to grow from $4.92 billion in 2022 to $5.49 billion in 2023 at a compound annual growth rate (CAGR) of 11.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global retail clinics market size is expected to reach $8.48 billion in 2027 at a CAGR of 11.5%.
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Technological advancements are the key trend gaining popularity in the retail clinic market. Major companies operating in the retail clinic market are focused on developing innovative technologies to strengthen their position in the market. For instance, in January 2023, CVS Health, a US-based healthcare company that owns a retail clinic and pharmacy chain, launched CVS Health Virtual Primary Care. CVS Health Virtual Primary Care is a brand-new, innovative, unique virtual care service that offers primary care, on-demand care available around the clock, and planned mental health treatments. If a patient needs in-person follow-up treatment, he or she can seek it from any in-network healthcare professional. CVS Health Virtual Primary Care is a specialized practice featuring licensed by-the-board clinicians and licensed nurse practitioners who assist in the delivery of primary care services via physician-led care teams.
The retail clinics market is segmented:
1) By Service Type: Preventive Care, Immunization, Minor Illness, Injury Treatment, Other Service Types
2) By Service Model: Membership, Insurance-Based Model, Fee-For-Service
3) By Ownership: Standalone, Hospital-Owned, Investor-Owned, Other Ownerships
4) By Application: Vaccination, Point-Of-Care, Clinical Chemistry And Immunoassay, Other Applications
5) By End Use: Stores, Malls, Hospitals, Other End Uses
North America was the largest region in the retail clinics market in 2022.
The table of contents in TBRC’s retail clinics market report includes:
Executive Summary
Retail Clinics Market Characteristics
Retail Clinics Market Trends And Strategies
Retail Clinics Market - Macro Economic Scenario
Retail Clinics Market Size And Growth
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Africa Retail Clinics Market
Retail Clinics Market Competitive Landscape And Company Profiles
Key Mergers And Acquisitions In The Retail Clinics Market
Retail Clinics Market Future Outlook and Potential Analysis
Appendix
Top 5 Major Key Players Are:
The Kroger Co
CVS Health
Rite Aid Corp
Walmart Inc
Walgreen Co
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Market OverviewRising prevalence of communicable diseases around the world is driving the global retail clinics market, says Fortune Business Insights in a report, titled “Retail Clinics Market Size, Share and Global Trend by Location (Departmental Stores, Shopping Malls, Retail Stores, Others) By Ownership (Standalone, Hospital-owned, Investor-owned, Others), By Mode of Payment (Insurance, Out-of-Pocket) and Geography Forecast till 2026.”Improved accessibility of healthcare for the geriatric population is a key factor predicted to contribute significantly to the global retail clinics market.Browse Complete Report:https://www.fortunebusinessinsights.com/industry-reports/retail-clinics-market-101111Top Leaders Profile:Bellin HealthWalgreensCVS HealthNEXtCARERITE AIDKrogerRediClinicKaiser Foundation Health PlanShopko Stores OperatingGeisinger HealthSutter Health,Rising Cases of Communicable Disease Will Enable GrowthThe benefits of retail clinics such as less waiting time, easy accessibility, and comparatively lower costs are likely to fuel demand among patients, which will, in, turn boost the global retail clinics market growth.
According to the Healthcare Information and Management Systems Society, currently, 2,000 retail clinics are operating in the U.S. alone.
The approval of the Joint Commission’s Gold Seal for Retail Health Care is expected to encourage growth of the retail clinics market.
Moreover, partnerships and acquisitions by leading companies are also predicted to aid global retail clinics market growth during the forecast period.For instance, Walgreens announced a strategic partnership with LabCrop.
Overall, almost every sector is anticipated to be impacted by the pandemic.We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics.
Asia Pacific is expected to grow at a remarkable rate owing to the rising population in the region.
