The global urgent care center market size was valued at USD 25.99 billion in 2023 and is predicted to reach around USD 43.64 billion by 2033, expanding at a CAGR of 5.31% from 2024 to 2033.
Key Points
- North America dominated the market with the largest revenue share of 40% in 2023.
- Asia Pacific is expected to grow at the highest CAGR in the market during the forecast period.
- By service, the acute illness treatment solutions segment has held a major revenue share of 29% in 2023.
- By service, the trauma/injury services segment is expected to grow at a notable rate during the forecast period.
- By ownership, the hospital-owned segment has contributed more than 33% of revenue share in 2023.
The urgent care center market has experienced significant growth in recent years, driven by increasing demand for convenient and accessible healthcare services. Urgent care centers provide immediate medical care for conditions that require prompt attention but are not life-threatening, filling a crucial gap between primary care physician offices and hospital emergency rooms. These centers typically offer extended hours, walk-in appointments, and a wide range of services including treatment for minor injuries, illnesses, and diagnostic services like X-rays and lab tests.
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Growth Factors
Several factors contribute to the growth of the urgent care center market. Firstly, there is a growing emphasis on patient-centric care and convenience, as consumers seek quicker access to healthcare services without the long wait times associated with emergency rooms. Additionally, the rising prevalence of chronic diseases necessitates more accessible healthcare options, increasing the demand for urgent care services.
Technological advancements have also played a crucial role, with urgent care centers adopting electronic health records (EHRs), telemedicine capabilities, and digital diagnostic tools to enhance efficiency and patient care. Moreover, collaborations between urgent care centers and healthcare systems have expanded service offerings and geographic reach, further fueling market growth.
Region Insights
The urgent care center market exhibits regional variations influenced by healthcare infrastructure, population demographics, and regulatory frameworks. In developed regions such as North America and Europe, well-established healthcare systems and high healthcare expenditure contribute to a robust urgent care market. North America, in particular, dominates the market due to a large number of urgent care centers and favorable reimbursement policies.
In contrast, emerging economies in Asia-Pacific and Latin America are witnessing rapid growth in urgent care centers due to increasing healthcare investments, urbanization, and rising disposable incomes. These regions are also adopting technological innovations in healthcare delivery, supporting the expansion of urgent care services.
Urgent Care Center Market Scope
Report Coverage | Details |
Market Size by 2033 | USD 43.64 Billion |
Market Size in 2023 | USD 25.99 Billion |
Market Size in 2024 | USD 27.37 Billion |
Market Growth Rate from 2024 to 2033 | CAGR of 5.31% |
Largest Market | North America |
Base Year | 2023 |
Forecast Period | 2024 to 2033 |
Segments Covered | Service, Ownership, and Regions |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Urgent Care Center Market Dynamics
Drivers
Several drivers propel the growth of the urgent care center market globally. Firstly, the shift towards value-based care models incentivizes healthcare providers to deliver efficient and cost-effective services, which aligns with the capabilities of urgent care centers. Furthermore, the aging population worldwide contributes to higher demand for immediate medical attention, as elderly individuals often require frequent healthcare services for chronic conditions and acute illnesses.
Additionally, changing consumer preferences favoring on-demand healthcare services drive the expansion of urgent care centers. Millennials and Gen Z populations, in particular, prioritize convenience and accessibility when seeking healthcare, opting for urgent care centers over traditional healthcare settings.
Opportunities
The urgent care center market presents several growth opportunities driven by evolving healthcare needs and technological advancements. Expansion into underserved rural areas and suburban communities presents a significant opportunity for urgent care providers to broaden their geographic footprint and reach more patients. Moreover, partnerships with healthcare payers and employers to provide cost-effective and efficient healthcare solutions can expand market penetration.
The integration of telemedicine platforms within urgent care centers also offers new avenues for growth, allowing providers to offer virtual consultations, remote monitoring, and follow-up care. Furthermore, diversifying service offerings to include preventive care, chronic disease management, and specialized treatments enhances patient loyalty and revenue streams for urgent care centers.
Challenges
Despite its growth prospects, the urgent care center market faces several challenges. Regulatory compliance and licensure requirements vary across jurisdictions, posing barriers to market entry and expansion. Ensuring seamless coordination and continuity of care with primary care providers and specialists remains a challenge, particularly in managing complex cases that require ongoing treatment.
Operational challenges such as staffing shortages, fluctuating patient volumes, and managing overhead costs can impact the profitability and efficiency of urgent care centers. Additionally, competition from other healthcare providers, including retail clinics and telemedicine platforms, intensifies as these entities offer overlapping services and convenience factors.
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Urgent Care Center Market Companies
- Dignity Health (U.S. HealthWorks, Inc.)
- Select Medical Holdings (Concentra, Inc.)
- UnitedHealth Group (MedExpress)
- NextCare Holdings, Inc
- St Joseph’s Health Care London
- United Surgical Partners International (CareSpot)
- City Practice Group of New York
- HCA Healthcare (HCA Healthcare UK)
- AEA International Holdings Pte. Ltd.
- Access Clinical Partners (GoHealth Urgent Care)
Recent Developments
- In May 2024, Aster Stroke Unit and Aster Urgent Care 24×7 program launched, according to Aster Royal Al Raffah Hospital, a member of Aster DM Healthcare FZC, the top integrated healthcare provider in the GCC. With these new facilities, the hospital, which is located in Al Ghubra, Muscat, will be able to provide far better regional healthcare services.
- In March 2024, in response to the changing healthcare environment, Valparaiso Health Center added Pediatric Urgent Care Services, a ground-breaking addition to its menu of offerings. This important milestone highlights the health center’s steadfast dedication to addressing the unique and urgent medical needs of children in the neighborhood.
- In November 2023, with the opening of its newest urgent care facility, IU Health will increase the number of people in Muncie and the surrounding towns who have access to care for minor illnesses and accidents. In addition to housing an IU Health Employer Solutions Clinic that will provide treatment to county, city, and school workers, the new urgent care center is housed in the same facility as the IU Health Imaging Center.
- In August 2023, VillageMD, a primary care platform owned by Walgreens, announced the grand opening of a “major imaging hub” on the east coast. The new 30,000-square-foot facility is located in Garden City, N.Y., providing ample parking and access to railroad and bus services. It offers the “first imaging department of its kind” on Long Island, delivering CT, ultrasound, X-ray, fluoroscopy, and ambient MRI.
Segment Covered in the Report
By Service
- Trauma/Injury Services
- Vaccination Services
- Acute Illness Treatment Solutions
- Diagnostic Services
- Other Services
By Ownership
- Corporate Owned
- Hospital Owned
- Physician Owned
- Others
By Geography
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East & Africa
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