Urgent Care Centers Market (Service Type: Illness, Injury, Physical, Vaccination, Diagnostic, and Screening) - Global Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2022-2030

According to Nova one advisor, the global Urgent Care Centers market size was valued at USD 42.5 Million in 2021 and is predicted to hit USD 90.3 Million by 2030 with a registered CAGR of 4.20% during the forecast period 2022 to 2030.

Urgent care facilities are less expensive than emergency rooms. Demand for these facilities has increased steadily over the last 10 years, primarily driven by the millennial generation. Lower average cost per visit than hospital-based emergency departments and independent emergency departments in many parts of the world is the other key factor propelling the global urgent care centers market size. Demand for urgent care facilities among the younger population is anticipated to increase at a rapid pace in the near future. The elderly population is gradually shifting toward immediate care center facilities due to convenience, cost, and faster treatment. With or without an appointment, the urgent care model provides services to patients. The average wait time at an urgent care center is less than 30 minutes compared to around two hours and 30 minutes at an emergency room (ER). Urgent care centers are focusing on integration of elements from the retail sector, such as ground-floor locations for easy access, streamlined appointment scheduling procedures using cutting-edge technology, and customer-first philosophy.

Report Scope of the Urgent Care Centers Market

Less Waiting Time and Appointment Flexibility Driving Urgent Care Centers Market

The number of UCCs has increased over the last decade due to longer wait times for appointments with emergency departments (ED) and primary care providers, difficulties in same-day access to health care, and limited access to after-hour care at hospitals and other healthcare centers. Patients' desire for convenient care is being fueled by the inaccessibility of ERs. One in every five patients reports going to UCC for care, as it is less time-consuming. UCCs emphasize patient convenience by providing online appointment reservations, publishing clinic wait times, and integrating more effectively with mobile technology.

Growth in Healthcare Insurance Coverage Augmenting Global Market

Steadily increasing insured population is one of the major factors propelling the global market. As per urgent care centers market trends, demand for urgent care services is anticipated to rise, as health insurance coverage increases in the U.S. Patients with private insurance are more likely to visit an urgent care facility compared to receiving care in the ER or other hospital settings. Insurance companies have put in place programs to encourage patients in their networks to go to UCCs. Insurance companies reduce the co-pay for patients who visit UCC as opposed to an ER by one-fourth.

Treatment for Several Common Ailments Fueling Illness Segment

In terms of services, the global urgent care services market has been classified into injury, illness, physical, diagnostic, vaccination, and screening. The illness segment is likely to account for significant share of the global urgent care facilities market during the forecast period. Fever, cough, colds, urinary tract infections (UTIs), pharyngitis, respiratory tract infections, and otitis media are the most common illnesses treated in UCCs.

High Demand for Hospital-Owned Urgent Care Centers Across Globe

Based on ownership, the global urgent care centers market has been divided into corporate-based urgent care centers, physician-owned urgent care, and other urgent care centers. The hospital-owned urgent care centers segment held major share of the global market in 2021. UCCs offer leads for specialists, lab imaging, etc. Hence, hospitals are growing their brands by merging with them or investing in them.

Regional Outlook of Urgent Care Centers Market

North America dominated the global urgent care centers market in 2021. Cost-effective and quick services provided by UCCs and establishment of specialty services in UCCs contribute to the rise in urgent care centers market demand in the region. For instance, urgent care centers, which have expanded to 9,000 locations in the U.S. in the past few years, provide walk-in care for illnesses and injuries that require immediate attention but do not qualify as an emergency. According to a new qualitative study conducted by the Center for Studying Health System Change (HSC) for the National Institute for Health Care Reform, hospitals and health plans are optimistic about the potential of urgent care centers to improve access and reduce ED visits.

The market in Europe is projected to grow at a moderate pace in the next few years. Rise in in demand for more affordable options, such as urgent care facilities, has increased in the region due to surge in healthcare spending. Demand for emergency care centers has increased significantly throughout Asia Pacific due to the rise in geriatric population, particularly in Japan and New Zealand, and surge in demand for affordable health care services in the region.

Key Developments in Global Urgent Care Centers Market

• On March 15, 2022, ICV Partners, LLC, a leading investment firm focused on lower middle market companies in business services, consumer goods and services, food and beverage, and healthcare, announced the acquisition of Urgent Care Group (UCG) and its merger with portfolio company Total Access Urgent Care today (TAUC)
• On February 1, 2022, Adventist HealthCare (AHC) and CRH Healthcare (CRH), an operator of urgent care facilities in Alabama, Florida, Georgia, and Maryland, acquired three urgent care facilities in Germantown, Rockville, and Laurel. With skilled medical professionals and supportive staff at hand to meet patients' walk-in urgent care needs in the neighborhood as well as employers' needs, all three centers have become leaders in their respective communities.
• On October 26, 2021, GoHealth Urgent Care, an on-demand consumer-focused care company, and Henry Ford Health System, one of the top healthcare systems, announced a new partnership to run urgent care facilities throughout Southeast Michigan, the U.S. In late 2021, three current Henry Ford Macomb Urgent Care locations in Fraser, Chesterfield, and Bruce Township were transferred to the new joint venture. A number of additional locations are anticipated to open in Southeast Michigan in 2022.

Some of the prominent players in the Urgent Care Centers Market include:

• Concentra, Inc.
• MedExpress
• American Family Care
• NextCare
• FastMed Urgent Care
• GoHealth Urgent Care
• PatientFirst
• CRH Healthcare
• Adventist Healthcare
• Urgent Care Group

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Nova one advisor, Inc. has segmented the global Urgent Care Centers market

• Service Type
• Illness
• Injury
• Physical
• Vaccination
• Diagnostic
• Screening
• Ownership
• Corporate-Owned Urgent Care Centers
• Physician-Owned Urgent Care Centers
• Hospital-Owned Urgent Care Centers
• Other Urgent Care Centers

By Geography

North America

• U.S.
• Canada

Europe

• Germany
• France
• United Kingdom
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Southeast Asia
• Rest of Asia Pacific

Latin America

• Brazil
• Rest of Latin America

Middle East & Africa (MEA)

• GCC
• North Africa
• South Africa
• Rest of Middle East & Africa

Key Benefits for Stakeholders

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the global Urgent Care Centers industry analysis from 2022 to 2030 to identify the prevailing Urgent Care Centers industry opportunity.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the global Urgent Care Centers industry segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global Urgent Care Centers industry trends, key players, market segments, application areas, and market growth strategies.