Global Retail Clinics Market Overview:
A retail Clinics is a walk-in sanatorium positioned at retail shops such as grocery stores, branch stores, malls, and supermarkets. People can go to these clinics except making an appointment. Hence, they are appropriate for sufferers who want immediately cure or these who do now not desire to go via the hassles of making an appointment with their main care physician. Retail clinics have a shorter wait time than most fundamental care facilities or hospitals, so sufferers can get in and out quicker barring having to wait in lengthy queues at the medical doctor office. However, these clinics are intended to deal with solely frequent ailments, such as sore throat, cold, and flu, and are no longer geared up to cope with emergency care or persistent conditions. Prices in retail clinics are nearly 80% decrease in contrast to hospitals, and the majority of clinics in the U.S. function in southern and Midwestern states such as Texas, Florida, and Ohio. CVS Retail Pharmacy, Walgreens, and Krogerís are the pinnacle retail sanatorium operators in the country, and nearly 85% of clinics are positioned at shops belonging to these three-retail health facility agencies.
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Clinics are Ahead of the Curve on Price Transparency and Quality Care at Lower Prices
Market Growth Drivers:
Growing Prevalence of Multiple Diseases, Rising Focus on Healthcare, Increasing Geriatric Population and Intensifying Burden on Other Conventional Healthcare Institutions
Insufficient Infrastructure for Retail Clinics
Growing Healthcare Expenditure and Spending and Increasing Popularity of Retail Clinics
Mergers and acquisitions are anticipated to be a distinguished style as opposition in the market will increase and retail fitness hospital vendors make investments to amplify their market presence. Retail hospital vendors are focusing on increasing their scope by means of organising new and superior retail care clinics with the state-of-the-art technologies.
Some of the key players profiled in the report are The Kroger Co. (United States), CVS Health (United States), Rite Aid Corp (United States), Walmart Inc. (United States), Walgreens co. (United States), Nextcare Holdings, Inc. (United States), MedExpress (United States), Doctors care (United States), Bellin Health Systems (United States) and Concentra, Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like Access Health (United States), AtlantiCare (United States) and Aurora Quick Care United States). Analyst at AMA Research see United States Players to retain maximum share of Global Retail Clinics market by 2027. Considering Market by Distribution Channel, the sub-segment i.e. Retail Pharmacies will boost the Retail Clinics market.
In 2021, AkosMD Healthcare, a leading health-tech firm, announced that it would be opening an automated retail clinic in New Delhi, India. The clinic is featuring integrated telemedicine services for doctors and healthcare service providers.
What Can be Explored with the Retail Clinics Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Retail Clinics Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Retail Clinics
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Retail Clinics market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Retail Clinics market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Retail Clinics Providers, Government Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.