Retail Clinics Market Forecasts to 2028 – Global Analysis By Location (Shopping Malls, Stores), Ownership Type (Retail Owned, Hospital Owned) Application (Vaccination, Point of Care Diagnostics) and By Geography
According to Stratistics MRC, the Global Retail Clinics Market is accounted for $4,139.85 million in 2020 and is expected to reach $10,397.48 million by 2028 growing at a CAGR of 12.2% during the forecast period. Rapid increasing numbers of retail clinics, higher ease of accessibility, and relatively lesser costs are driving the market growth. However, disinclination among general population for treatment in retail clinics and inadequate infrastructure for retail clinics are hampering the growth of the market. By geography, Asia Pacific is going to have high growth during the forecast period due to the rapid growing population and improving efforts to cut down the pressure on hospitals, and growing focus on outpatient care are some of the key factors for the development of Asia Pacific market.
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The Global Retail Clinics Market is majorly driven by the growing prevalence of illness and diseases such as sore throat, infection. The retail owned segment is growing at a highest CAGR owing to availability of walk-in clinics located in grocery stores and retail pharmacies and providing care for minor conditions. Europe dominated with a significant market share due to the factors such as upend the normal healthcare delivery environment and building consumer awareness. North America market is growing at a highest CAGR owing to increasing preference for retail clinics mainly due to convenience and cost- effectiveness.
Some of the key players profiled in the Retail Clinics Market include The Kroger Co., Walmart Inc., Walgreens co., Nextcare Holdings, Inc., MedExpress, Doctors care, Bellin Health Systems, Concentra, Inc., CVS Health’s MinuteClinic, Urgent Care MSO, Rite Aid, RediClinic LLC and U.S. HealthWorks.
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