U.S. Retail Clinics MarketU.S. Retail Clinics Market Soars to USD Billion , witnessing a CAGR of 12.5 during the forecast period 2024-2032
U.S. Retail Clinics Market by Service Type (Acute Respiratory Infections, Sore Throat, Conjunctivitis, Urinary Tract Infections, Immunization, Screening Services, Others), by Ownership (Retailer-owned Operators, Independent Operators, Hospital-owned Operators), by Channel (Retail Pharmacies, Groceries/Retail Stores, Others), by Forecast 2024-2032
Base Year: 2023
150 Pages
U.S. Retail Clinics Market Soars to USD Billion , witnessing a CAGR of 12.5 during the forecast period 2024-2032
Key Insights
The U.S. Retail Clinics Market size was valued at USD 2.71 USD Billion in 2023 and is projected to reach USD 6.18 USD Billion by 2032, exhibiting a CAGR of 12.5 % during the forecast period. Retail clinics are healthcare facilities staffed by nurse practitioners or physician assistants who operate in self-contained clinics within a pharmacy, supermarket, or large retail outlet. They are manned by nurse practitioners or physician assistants and offer primary care to cases that are not emergencies with the aim of decongesting healthcare facilities. There are some operating under retail chains, independent owners, and so forth, as well as, sometimes, in partnerships with healthcare systems. Some of the features include; 24hrs + availability, walk-ins accepted, and no hidden fees. Uses include minor health complaints, and long-term conditions. Existing trends in the US healthcare market indicate positive market expansion fueled by the necessity of providing accessible high-quality care at lower prices and the introduction of telemedicine services.
U.S. Retail Clinics Trends
- Increasing consumer demand for convenient and affordable healthcare services
- Growing partnerships between retailers and healthcare providers
- Expansion of retail clinic services to include a wider range of conditions
- Advancements in technology, such as the use of telemedicine
Driving Forces: What's Propelling the U.S. Retail Clinics Market
- Convenience and Accessibility: Retail clinics offer extended hours and convenient locations, making healthcare accessible to more people.
- Cost-Effectiveness: Retail clinics typically have lower costs compared to traditional healthcare providers.
- Increased Demand for Preventative Care: Rising awareness about the importance of preventative care is driving demand for retail clinics offering services like vaccinations and screenings.
- Aging Population: The increasing population of elderly individuals with chronic conditions requires regular medical attention, which is fueling the growth of retail clinics.
Challenges and Restraints in the U.S. Retail Clinics Market
- Limited Scope of Services: Retail clinics are typically equipped to handle minor ailments, limiting their utilization for more complex medical conditions.
- Staffing and Quality Concerns: Ensuring adequate staffing and maintaining standards of care can be challenging for retail clinics.
- Competition from Urgent Care Centers: Urgent care centers offer similar services but with extended capabilities, posing competition to retail clinics.
- Reimbursement Challenges: Some insurance providers may not fully cover services provided by retail clinics, impacting their financial viability.
Emerging Trends in U.S. Retail Clinics
- Virtual Care Integration: Retail clinics are incorporating virtual care platforms to offer remote consultations and follow-up appointments.
- Wellness and Prevention Services: Retail clinics are expanding their offerings to include wellness exams, nutrition counseling, and weight loss programs.
- Chronic Disease Management: Retail clinics are partnering with healthcare providers to offer chronic disease management programs, such as diabetes and hypertension management.
Growth Catalysts in the U.S. Retail Clinics Industry
- Government Initiatives: Government initiatives aimed at improving healthcare access and reducing costs are supporting the growth of retail clinics.
- Technological Advancements: Advancements in telemedicine, virtual reality, and artificial intelligence (AI) are enhancing the services and efficiency of retail clinics.
- Strategic Partnerships: Partnerships between retailers and healthcare providers are driving expansion and innovation in the retail clinics market.
Market Segmentation: U.S. Retail Clinics Analysis
Service Type
- Acute Respiratory Infections
- Sore Throat
- Conjunctivitis
- Urinary Tract Infections
- Immunization
- Screening Services
- Others
Ownership
- Retailer-owned Operators
- Independent Operators
- Hospital-owned Operators
Channel
- Retail Pharmacies
- Groceries/Retail Stores
- Others
Leading Players in the U.S. Retail Clinics Market
- Walmart Inc. (U.S.)
- CVS Health (U.S.)
- Walgreens Boots Alliance, Inc. (U.S.)
- Kroger | The Kroger Co (U.S.)
- Kaiser Foundation Health Plan, Inc. (Kaiser Permanente) (U.S.)
Significant Developments in the U.S. Retail Clinics Sector
June 2023: CVS Health's MinuteClinic was awarded its sixth consecutive Ambulatory Health Care Accreditation from the Joint Commission.
July 2022: Amazon announced plans to enter the retail clinics business through its Neighborhood Health Center Pilot Program.
May 2022: CVS Health launched CVS Health Virtual Primary Care, a digital care solution connecting services, expertise, and data for a consumer-centric healthcare experience.
May 2022: Kaiser Permanente announced a collaboration with Mayo Clinic to establish hospital-at-home care capacity.
March 2022: Walmart Inc. expanded its Walmart Health centers in Florida, increasing accessibility to its healthcare services.
Comprehensive Coverage U.S. Retail Clinics Market Report
The comprehensive report on the U.S. Retail Clinics Market includes:
- Market Size and Forecast
- Market Segmentation and Analysis
- Competitive Landscape
- Regional Analysis
- DROCT Analysis (Drivers, Restraints, Opportunities, Challenges, and Trends)
- Pricing Analysis
- Import and Export Analysis
- Patent/Trademark Analysis
Regional Insight
- The U.S. retail clinics market is dominated by the South and West regions.
- The South region holds the largest market share due to a high population density and increasing demand for healthcare services.
DROCT
Drivers:
- Convenience and affordability
- Rising prevalence of chronic diseases
- Increased demand for preventative care
Restraints:
- Limited scope of services
- Staffing and quality concerns
Opportunities:
- Virtual care integration
- Wellness and prevention services
- Chronic disease management
Challenges:
- Competition from urgent care centers
- Reimbursement challenges
Trends:
- Strategic partnerships
- Technological advancements
- Government initiatives
U.S. Retail Clinics Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 12.5% from 2018-2032 |
| Segmentation |
|
Frequently Asked Questions
Table Of Content
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Regulatory Mandates for Adoption of Electronic Health Records (EHR)/Electronic Medical Records (EMR) to Assist Revenue Cycle Management Market Growth
- 3.3. Market Restrains
- 3.3.1. Lack of Provision for Treatment of Complex Diseases May Restrict Market Growth
- 3.4. Market Trends
- 3.4.1. Increasing Number of Hospitals and ASCs Identified as Significant Market Trend
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. U.S. Retail Clinics Market Analysis, Insights and Forecast, 2018-2030
- 5.1. Market Analysis, Insights and Forecast - by Service Type
- 5.1.1. Acute Respiratory Infections
- 5.1.2. Sore Throat
- 5.1.3. Conjunctivitis
- 5.1.4. Urinary Tract Infections
- 5.1.5. Immunization
- 5.1.6. Screening Services
- 5.1.7. Others
- 5.2. Market Analysis, Insights and Forecast - by Ownership
- 5.2.1. Retailer-owned Operators
- 5.2.2. Independent Operators
- 5.2.3. Hospital-owned Operators
- 5.3. Market Analysis, Insights and Forecast - by Channel
- 5.3.1. Retail Pharmacies
- 5.3.2. Groceries/Retail Stores
- 5.3.3. Others
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1.
- 5.1. Market Analysis, Insights and Forecast - by Service Type
- 6. Northeast U.S. Retail Clinics Market Analysis, Insights and Forecast, 2018-2030
- 6.1. Market Analysis, Insights and Forecast - By Service Type
- 6.1.1 Acute Respiratory Infections
- 6.1.2 Sore Throat
- 6.1.3 Conjunctivitis
- 6.1.4 Urinary Tract Infections
- 6.1.5 Immunization
- 6.1.6 Screening Services
- 6.1.7 and Others
- 6.2. Market Analysis, Insights and Forecast - By Ownership
- 6.2.1 Retailer-owned Operators
- 6.2.2 Independent Operators
- 6.2.3 and Hospital-owned Operators
- 6.3. Market Analysis, Insights and Forecast - By Channel
- 6.3.1 Retail Pharmacies
- 6.3.2 Groceries/Retail Stores
- 6.3.3 and Others
- 7. Southeast U.S. Retail Clinics Market Analysis, Insights and Forecast, 2018-2030
- 7.1. Market Analysis, Insights and Forecast - By Service Type
- 7.1.1 Acute Respiratory Infections
- 7.1.2 Sore Throat
- 7.1.3 Conjunctivitis
- 7.1.4 Urinary Tract Infections
- 7.1.5 Immunization
- 7.1.6 Screening Services
- 7.1.7 and Others
- 7.2. Market Analysis, Insights and Forecast - By Ownership
- 7.2.1 Retailer-owned Operators
- 7.2.2 Independent Operators
- 7.2.3 and Hospital-owned Operators
- 7.3. Market Analysis, Insights and Forecast - By Channel
- 7.3.1 Retail Pharmacies
- 7.3.2 Groceries/Retail Stores
- 7.3.3 and Others
- 8. Midwest U.S. Retail Clinics Market Analysis, Insights and Forecast, 2018-2030
- 8.1. Market Analysis, Insights and Forecast - By Service Type
- 8.1.1 Acute Respiratory Infections
- 8.1.2 Sore Throat
- 8.1.3 Conjunctivitis
- 8.1.4 Urinary Tract Infections
- 8.1.5 Immunization
- 8.1.6 Screening Services
- 8.1.7 and Others
- 8.2. Market Analysis, Insights and Forecast - By Ownership
- 8.2.1 Retailer-owned Operators
- 8.2.2 Independent Operators
- 8.2.3 and Hospital-owned Operators
- 8.3. Market Analysis, Insights and Forecast - By Channel
- 8.3.1 Retail Pharmacies
- 8.3.2 Groceries/Retail Stores
- 8.3.3 and Others
- 9. Southwest U.S. Retail Clinics Market Analysis, Insights and Forecast, 2018-2030
- 9.1. Market Analysis, Insights and Forecast - By Service Type
- 9.1.1 Acute Respiratory Infections
- 9.1.2 Sore Throat
- 9.1.3 Conjunctivitis
- 9.1.4 Urinary Tract Infections
- 9.1.5 Immunization
- 9.1.6 Screening Services
- 9.1.7 and Others
- 9.2. Market Analysis, Insights and Forecast - By Ownership
- 9.2.1 Retailer-owned Operators
- 9.2.2 Independent Operators
- 9.2.3 and Hospital-owned Operators
- 9.3. Market Analysis, Insights and Forecast - By Channel
- 9.3.1 Retail Pharmacies
- 9.3.2 Groceries/Retail Stores
- 9.3.3 and Others
- 10. West U.S. Retail Clinics Market Analysis, Insights and Forecast, 2018-2030
- 10.1. Market Analysis, Insights and Forecast - By Service Type
- 10.1.1 Acute Respiratory Infections
- 10.1.2 Sore Throat
- 10.1.3 Conjunctivitis
- 10.1.4 Urinary Tract Infections
- 10.1.5 Immunization
- 10.1.6 Screening Services
- 10.1.7 and Others
- 10.2. Market Analysis, Insights and Forecast - By Ownership
- 10.2.1 Retailer-owned Operators
- 10.2.2 Independent Operators
- 10.2.3 and Hospital-owned Operators
- 10.3. Market Analysis, Insights and Forecast - By Channel
- 10.3.1 Retail Pharmacies
- 10.3.2 Groceries/Retail Stores
- 10.3.3 and Others
- 11. Competitive Analysis
- 11.1. Market Share Analysis 2023
- 11.2. Company Profiles
- 11.2.1 Walmart Inc. (U.S.)
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 CVS Health (U.S.)
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Walgreens Boots Alliance Inc. (U.S.)
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Kroger | The Kroger Co (U.S.)
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Kaiser Foundation Health Plan Inc. (U.S.)
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Target Brands Inc. (U.S.)
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Bellin Health Systems (U.S.)
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Geisinger Health (U.S.)
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.1 Walmart Inc. (U.S.)
List of Figures
- Figure 1: U.S. Retail Clinics Market Revenue Breakdown (USD Billion, %) by Product 2023 & 2031
- Figure 2: U.S. Retail Clinics Market Value Share (%), by Service Type 2023 & 2031
- Figure 3: U.S. Retail Clinics Market Value Share (%), by Ownership 2023 & 2031
- Figure 4: U.S. Retail Clinics Market Value Share (%), by Channel 2023 & 2031
- Figure 5: U.S. Retail Clinics Market Share (%) by Company 2023
List of Tables
- Table 1: U.S. Retail Clinics Market Revenue USD Billion Forecast, by Service Type 2018 & 2031
- Table 2: U.S. Retail Clinics Market Revenue USD Billion Forecast, by Ownership 2018 & 2031
- Table 3: U.S. Retail Clinics Market Revenue USD Billion Forecast, by Channel 2018 & 2031
- Table 4: U.S. Retail Clinics Market Revenue USD Billion Forecast, by Region 2018 & 2031
- Table 5: U.S. Retail Clinics Market Revenue USD Billion Forecast, by Service Type 2018 & 2031
- Table 6: U.S. Retail Clinics Market Revenue USD Billion Forecast, by Ownership 2018 & 2031
- Table 7: U.S. Retail Clinics Market Revenue USD Billion Forecast, by Channel 2018 & 2031
- Table 8: U.S. Retail Clinics Market Revenue USD Billion Forecast, by Region 2018 & 2031
- Table 9: U.S. Retail Clinics Market Revenue USD Billion Forecast, by Service Type 2018 & 2031
- Table 10: U.S. Retail Clinics Market Revenue USD Billion Forecast, by Ownership 2018 & 2031
- Table 11: U.S. Retail Clinics Market Revenue USD Billion Forecast, by Channel 2018 & 2031
- Table 12: U.S. Retail Clinics Market Revenue USD Billion Forecast, by Country 2018 & 2031
- Table 13: Northeast U.S. Retail Clinics Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 14: Southeast U.S. Retail Clinics Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 15: Midwest U.S. Retail Clinics Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 16: Southwest U.S. Retail Clinics Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 17: West U.S. Retail Clinics Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 18: U.S. Retail Clinics Market Revenue USD Billion Forecast, by Service Type 2018 & 2031
- Table 19: U.S. Retail Clinics Market Revenue USD Billion Forecast, by Ownership 2018 & 2031
- Table 20: U.S. Retail Clinics Market Revenue USD Billion Forecast, by Channel 2018 & 2031
- Table 21: U.S. Retail Clinics Market Revenue USD Billion Forecast, by Country 2018 & 2031
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 12.5% from 2018-2032 |
| Segmentation |
|
STEP 1 - Identification of Relevant Samples Size from Population Database
STEP 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segemnts, product and application.
Note* : In applicable scenarios
STEP 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
STEP 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Additionally after gathering mix and scattered data from wide range of sources, data is triangull- ated and correlated to come up with estimated figures which are further validated through primary mediums, or industry experts, opinion leader.
About Market Research Forecast
MR Forecast provides premium market intelligence on deep technologies that can cause a high level of disruption in the market within the next few years. When it comes to doing market viability analyses for technologies at very early phases of development, MR Forecast is second to none. What sets us apart is our set of market estimates based on secondary research data, which in turn gets validated through primary research by key companies in the target market and other stakeholders. It only covers technologies pertaining to Healthcare, IT, big data analysis, block chain technology, Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Energy & Power, Automobile, Agriculture, Electronics, Chemical & Materials, Machinery & Equipment's, Consumer Goods, and many others at MR Forecast. Market: The market section introduces the industry to readers, including an overview, business dynamics, competitive benchmarking, and firms' profiles. This enables readers to make decisions on market entry, expansion, and exit in certain nations, regions, or worldwide. Application: We give painstaking attention to the study of every product and technology, along with its use case and user categories, under our research solutions. From here on, the process delivers accurate market estimates and forecasts apart from the best and most meaningful insights.
Products generically come under this phrase and may imply any number of goods, components, materials, technology, or any combination thereof. Any business that wants to push an innovative agenda needs data on product definitions, pricing analysis, benchmarking and roadmaps on technology, demand analysis, and patents. Our research papers contain all that and much more in a depth that makes them incredibly actionable. Products broadly encompass a wide range of goods, components, materials, technologies, or any combination thereof. For businesses aiming to advance an innovative agenda, access to comprehensive data on product definitions, pricing analysis, benchmarking, technological roadmaps, demand analysis, and patents is essential. Our research papers provide in-depth insights into these areas and more, equipping organizations with actionable information that can drive strategic decision-making and enhance competitive positioning in the market.
