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Michigan Urgent Care Center Market Will Reach US$ 2.6 Bn by 2030
The global Michigan Urgent Care Center market was evaluated at USD 750.0 Mn in 2020 and is speculated to accrue USD 2.6 billion by 2030, growing at 15.1% CAGR between 2021-2030.
Growth Factors
The market is primarily driven by the growing demand for health services, rising prevalence of diseases, and increasing disposable income of the population. A gradual shift of patients toward non-traditional settings, such as urgent care centers and walk-in clinics, owing to easy access is projected to bode well for the market growth.
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An urgent care center is an obvious link between emergency room services and primary care physicians. These centers provide immediate health services to patients who need access to their primary care physicians on weekends or at night. There is no prior appointment required at approximately 900+ urgent care centers in Michigan. They can replicate nearly all the services provided in an emergency room or a traditional doctor’s office. Urgent care represents 12.6% of all outpatient physician visits and over 23% of all primary health visits in the U.S. This represents the major role urgent care centers play in the delivery of ambulatory and primary patient care. Thus, these factors are propelling the growth of the market.
Report Highlights
The acute respiratory infection segment dominated the market with a revenue share of 27.2% in 2020. Urgent care centers are adopting innovative measures, such as providing diagnoses over the phone or video, for respiratory illness. This, coupled with the rising prevalence of respiratory disorders, is anticipated to drive the segment.
The high prevalence of the common cold and the increasing demand for seasonal flu vaccination shots are propelling the growth of the general symptoms segment. Allergy treatment is another major factor in the spectrum of treatments offered at urgent care centers.
The urinary tract infections segment is estimated to witness remarkable growth during the forecast period. According to Neu Urgent Care, Michigan, around 40% to 60% of women develop a UTI at least once, with around 10% of women suffering from UTI annually. Increasing cases of UTIs, especially among women, are favoring the expansion of the segment.
Key Players
- American Family Care
- Concentra, Inc.
- Beaumont Health
- Nextcare Holdings, Inc.
- Lakes Urgent Care
- Livonia Urgent Care & Medical Center
- Get Well Urgent Care
- Oak Park Urgent Care
- Berkley Urgent Care
- PrimeCare Urgent Care
Report Coverage | Details |
Market Size | US$ 2.6 billion by 2030 |
Growth Rate | CAGR of 15.1% From 2021 to 2030 |
Base Year | 2020 |
Historic Data | 2017 to 2020 |
Forecast Period | 2021 to 2030 |
Segments Covered | Application |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Companies Mentioned | American Family Care; Concentra, Inc.; Beaumont Health; Nextcare Holdings, Inc.; Lakes Urgent Care; Livonia Urgent Care & Medical Center; Get Well Urgent Care; Oak Park Urgent Care; Berkley Urgent Care; PrimeCare Urgent Care |
Market Segmentation
- Application
- Acute Respiratory Infection
- General Symptoms
- Tissue Issues
- Digestive System Issues
- Skin Infections
- Urinary Tract Infections
- Ear Infections
- Sprains, Strains, Fracture and Injuries
- Influenza Pneumonia
- Others
Why to Buy this Report?
- This market report is the perfect presentation of the qualitative and quantitative analysis of the market according to categorization considering economic and non-economic factors.
- It also provides provision of market value (USD Million) data for every segment and sub-segment.
- This report further focuses on prominent regions and segmentation of the market, which is anticipated to record the rapid growth and dominate the market.
Key Points Covered in Michigan Urgent Care Center Market Study:
- Growth of Michigan Urgent Care Center market in 2021
- Market Estimates and Forecasts (2017-2030)
- Brand Share and Market Share Analysis
- Key Drivers and Restraints Shaping Market Growth
- Segment-wise, Country-wise, and Region-wise Analysis
- Competition Mapping and Benchmarking
- Recommendation on Key Winning Strategies
- COVID-19 Impact on Demand for Michigan Urgent Care Center market and How to Navigate
- Key Product Innovations and Regulatory Climate
- Michigan Urgent Care Center market Consumption Analysis
- Michigan Urgent Care Center market Production Analysis
- Michigan Urgent Care Center market and Management
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Ämnen
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