An urgent care center (UCC), usually referred to as an urgent treatment center, is a specific kind of walk-in clinic that provides urgent ambulatory care outside of a hospital's typical emergency department (ED). The Urgent Care Center Market is expected to grow at a steady rate of around 4.5% owing to the increasing insured population.
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The majority of injuries and diseases that need immediate attention but aren't severe enough to visit the ED are treated in urgent care facilities. The rising incidence of sports related injuries, backpain, skin ailments and seasonal sickness like cold and flu are among the major factors driving the market for urgent care centers. According to the National Safety Council (NSC), in 2021 exercise equipment accounted for about 409,000 injuries, the most in any category of sports and recreation.
The Urgent Care Center Market is expected to grow at a steady rate of around 4.5% owing to the increasing insured population. Major companies in the market offer various strategies and launches of services for urgent care centers. For instance, in November 2020, Texas Health Recourses launched Texas Health Breeze Urgent Care, which provides personalized care at affordable pricing.
According to UnivDatos Market Insights (UMI)’ research report “Global Urgent Care Centers Market”, the market is expected to witness robust growth during the forecast period (2022-2028). The number of cardiovascular or sports-related injuries has increased, which has decreased patient wait times and raised awareness of urgent care facilities. According to the National Safety Council (NSC), in 2021 exercise equipment accounted for about 409,000 injuries, the most in any category of sports and recreation.
Based on medical service, the market is segmented into acute illness treatment, trauma/injury treatment, physical examinations, immunizations & vaccination, and others. Acute illness treatment held a significant share of the market in 2021. This is mainly due to the rising incidence of non-life-threatening injuries and illnesses such as fever, cold, and urinary tract infections (UTIs) which are routinely treated by urgent care centers. As per the study of National Library of Medicine, on 28 November 2022, about 40% of women in the U.S. will develop a urinary tract infection (UTI) at some point in their lifetime, making this one of the most common infections in women.
Based on the ownership, the urgent care centers market is divided into corporate-owned, physician-owned, hospital-owned, and others. Among these, the hospital-owned is expected to grow with a significant CAGR during the forecast period. This is mainly due to the increasing number of trauma cases and the rising number of patients in hospitals. Furthermore, the rising risks of cardiac diseases, increasing incidences of injuries, and higher prevalence of acute respiratory infection among the population are the major factors driving the rapid growth of the segment.
North America to witness extensive growth
For a better understanding of the market adoption of the Urgent care centers industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America held a significant share of the global urgent care centers market. This is mainly attributed to the increasing incidences of strokes attribute to the significant growth of the segment in the urgent care centers market. For instance, as per the CDC, every year, more than 795,000 people in the United States have a stroke. About 610,000 of these are first or new strokes. The rising awareness about the benefits of post-hospital services and the higher number of accident cases in developing nations are the key factors proliferating the growth of urgent care centers in the market. Moreover, the government is also investing to launch hybrid urgent care centers for more patients enrollment. For instance, in August 2022, Virginia Mason Franciscan Health (VMFH) announced the building of the state's first hybrid ER/urgent care center in Bremerton, Washington. It will be the first of multiple hybrid facilities VMFH plans to open in the Puget Sound region over the next four years using Intuitive Health's innovative care model of offering emergent and urgent care in a single location. Such initiatives are expected to drive the market growth in the region during the forthcoming years.
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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Urgent care centers market are Concentra, Inc.; MedExpress; NextCare; TH Medical; FastMed Urgent Care; Ascension; Summit Health; WellNow Urgent Care; American Family Care; GoHealth Urgent Care.
“Global Urgent Care Centers Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.
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