Cost Efficiency to propel Global Urgent Care Centers Market to US$30.5 bn by 2020

A new market study on the global market for urgent care centers has been published by Transparency Market Research (TMR), a market research and intelligence firm. According to the report, the global urgent care centers market stood at US$23.5 bn in 2013. Expanding at a CAGR of 3.80% during the period from 2014 to 2020, it is projected to reach US$30.5 bn by the end of the forecast period.The market study, titled “Urgent Care Centers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”, offers a comprehensive analysis of this market, considering its historical as well as current performance and discusses the present condition in the view of its development prospects.

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The research report states that the cost-efficiency of these urgent care centers is the key reason for their exceptional growth in the global arena. In the research report, the global urgent care centers market is analyzed on the basis of the services provided by urgent care centers and its regional distribution. Vaccination, screening, monitoring, diagnostics, and services provided for illness, physical injuries, and trauma are the major segments of the global urgent care centers market based on services.

The market for illness services holds the majority share in the global market for urgent care centers market in terms of revenue. The injury services segment occupies the second position in the overall market, states the market study.On the regional front, the global urgent care centers market is spread across North America, Europe, Asia Pacific, and the Rest of the World. North America dominates the global urgent care centers market and is closely followed by Europe. Analysts at TMR project the urgent care centers market in North America to retain its position over the forecast period, owing to the high uptake of urgent care centers for non-emergency conditions in this region. In addition to this, a rise in the demand for walk-in health services as well as cost-efficient medical care is likely to support the growth of the North America urgent care centers market.

The urgent care centers market in Asia Pacific is also showing sturdy growth in its market value. The major markets for urgent care centers in this region are China, India, Australia, Japan, and New Zealand. Mexico, Brazil, South Africa, Turkey, Israel, and the UAE are the major markets for urgent care centers in the Rest of the World, notes the market study.

Company profiles of major market players have also been provided in this report in order to map the competitive landscape prevailing in the global urgent care centers market. Apart from this, it also provides the existing market hierarchy. AFC/Doctors Express, Concentra Inc., CareSpot Express Healthcare LLC, FastMed Urgent Care, MedExpress, MD Now, MinuteClinic LLC, Patient First, NextCare, and U.S. HealthWorks Inc. are some of the key participants mentioned in this research report.

The global urgent care centers market is segmented into:

By Services
Illness
Injury
Physical
Vaccination
Diagnostic
Screening

By Region
North America
Europe
Asia Pacific
Rest of the World (RoW)

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