Urgent care center market on track to hit $26B by 2023
Healthcare DIVE March 27, 2018
Dive Brief:
- The global urgent care center market has a compound annual growth rate of 5.3% and will hit $26 billion by 2023 — up from $20 billion this year, a new MarketsandMarkets report predicts.
- Driving growth are lower costs and shorter wait times, growing investment in the sector, an aging population and strategic partnerships between urgent care providers and hospitals.
- Acute care is expected to be the largest market segment this year, fueled by high numbers of influenza sufferers and the quick access to care.
Other major market segments include trauma and injury treatment, physical exams, immunizations and other services — e.g., diagnostics, telemedicine and occupational medicine.
The...