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Urgent Care Centers in the US - Industry Market Research Report

Urgent Care Centers in the US - Industry Market Research Report

  • April 2021
  • 36 pages
  • ID: 794596
  • Format: PDF
  • Ibisworld

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Careful business: Revenue growth will likely be driven by the overcapacity of primary care offices

Abstract

Urgent Care Centers
Over the past five years to 2018, a shortage of primary care physicians, coupled with rising costs and wait times at emergency rooms, stimulated demand for the Urgent Care Centers industry to provide noncritical care. As a result, many Americans opted to visit urgent care centers that offered convenient care at a walk-in and after-hours basis. Urgent care centers, many of which are open 24/7, also became increasingly popular in metropolitan areas. Operators also benefited from an increasingly insured population. Nearly half of emergency room visits are non-emergent in nature, with many emergency room visits treatable in an urgent care setting. Furthermore, the wait time at an urgent care clinic is typically half an hour or less, compared with the many hours spent waiting in an emergency room. In addition, many insurance providers now implement incentives for patients within their network to visit urgent care centers. Consequently, as the outpatient delivery model continues to save both insurers and patients money, industry operators are poised to benefit. During the five-year period to 2023, industry revenue is forecast to grow.

This industry includes facilities that deliver medical care on an unscheduled, walk-in basis. Urgent care centers are primarily used to treat patients who have an injury or illness that requires immediate care but is not serious enough to warrant emergency room care.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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