The development within the global urgent care centers market is driven by the rising demand for enhanced work and life balance by healthcare professionals, such as physicians, increasing demand for convenience from both the patients, as well as physicians, and the need to reduce the healthcare costs. Furthermore, the growing customer preference for urgent care centers, as opposed to conventional healthcare facilities is also propelling the growth of the global urgent care centers market. The key reason behind this shift in consumer preference is enhanced convenience, as well as elimination of the requirement for sticking to strict operational hours.
Rise in the coverage of healthcare insurance is one of the strongest drivers for the expansion of the global urgent care centers market. Furthermore, the increasing demand for convenient and cost-efficient medical treatments is also driving the growth of the market. In addition to this, the solutions in the global urgent care centers market offer the patients a unique way to avoid waiting time and gain convenient and reliable access to a medical professional without any prior appointment. Moreover, the increase in the global geriatric population, that is more susceptible to various illnesses and chronic diseases, is also anticipated to thrust growth in the global urgent care centers market over the next few years.
Illness Services Segment Leads the Urgent Care Centers Market
Service providers and players in the global urgent care centers market offer treatment solutions and patient care for conditions like cough and cold, urinary tract infections, fever, upper respiratory infections, pharyngitis, and minor injuries. The companies operating in the global urgent care centers market offer various types of services to their customers, including illness, diagnostic, screening, injury, physical, and vaccination. The illnesses segment led the global urgent care centers market in terms of types of services. The same segment is also likely to continue leading the global urgent care centers market in coming years.
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On the basis of ownership, the services and products in the global urgent care centers market can be classified into physician owned urgent care centers, corporate owned urgent care centers, and hospital owned urgent care centers, among others. Hospital owned urgent care centers dominate the landscape of the global urgent care centers market presently. The same segment is also expected to continue leading the market over the next few years. Rising support from various governments to start hospital based urgent care centers is also favoring the development of the global urgent care centers market.
Asia Pacific to Display Significant Growth in Urgent Care Centers Market in Near Future
Geographically, the global urgent care centers market is divided into Asia Pacific, North America, Europe, and the rest of the World. In the recent past, the North America region dominated the landscape of the global urgent care centers market. This trend can be attributed to the increasing adoption of urgent care centers in the region for addressing increasing demand for effective management of non-emergency health conditions. In the next decade, the Asia Pacific region is most likely to display significant growth in the global urgent care centers market. This trend can be attributed to the increasing expansion opportunities from the regional economies, such as India, Australia, Japan, New Zealand, and China.
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Some of the most prominent service providers and participants in the global urgent care centers market include MedExpress, NextCare Holdings, Inc., CareSpot Family of Urgent Care Brands, GoHealth Urgent Care, Concentra, Inc., American Family Care, FastMed Urgent Care, HCA CareNow, CityMD, and Patient First, among others. The leading participants working in the global urgent care centers market are engaged in expanding their presence and tapping into attractive revenue generation opportunities from developing regions across the world. This trend is further bolstered by the increasing number of patients suffering from minor injuries, as well as moderate health problems in these regions.