The industry is a vital component of the healthcare system. Urgent care centers provide a wide range of services like low-level trauma treatment, occupational medicine, preventive health, school-related physicals and others, thereby securing a wide range of patients. Over the past five years, a shortage of primary care physicians, coupled with rising costs and wait times at emergency rooms, stimulated demand for urgent care centers to provide noncritical care. Many individuals have opted to visit urgent care centers that offer convenient care on a walk-in and after-hours basis. Over the past five years, urgent care centers' revenue has grown at a CAGR of 7.1% to $52.7 billion, including an increase of 4.0% in 2023 alone. Profit has also increased, driven partly by the effects of COVID-19. 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.Careful business: The overcapacity of primary care offices will boost industry demand
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Select Medical Holdings Corp
Methodology
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