PUBLISHER: The Business Research Company | PRODUCT CODE: 1414541
PUBLISHER: The Business Research Company | PRODUCT CODE: 1414541
Retail Clinics Global Market Report 2024
“Retail Clinics Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on retail clinics market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Measure the impact of high global inflation on market growth.
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- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for retail clinics? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The retail clinics market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Scope
Markets Covered:
- 1) By Service Type: Preventive Care; Immunization; Minor Illness; Injury Treatment; Other Service Types
- 2) By Service Model: Membership; Insurance-Based Model; Fee-For-Service
- 3) By Ownership: Standalone; Hospital-Owned; Investor-Owned; Other Ownerships
- 4) By Application: Vaccination; Point-Of-Care; Clinical Chemistry And Immunoassay; Other Applications
- 5) By End Use: Stores; Malls; Hospitals; Other End Uses
- Companies Mentioned: The Kroger Co.; CVS Health Corporation; Rite Aid Corp.; Walmart Inc.; Walgreen Co.
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
A retail clinic is a readily accessible health facility situated within retail establishments such as supermarkets, department stores, malls, and grocery stores, allowing individuals to receive healthcare services without the need for an appointment.
These clinics primarily offer services related to preventive care, immunization, and treatment for minor illnesses and injuries, among others. Preventive care encompasses activities aimed at reducing health risks, including screening for potential diseases. Retail clinics play a key role in delivering preventive healthcare services. The various service models employed by these clinics include membership, insurance-based, and fee-for-service structures, with ownership structures ranging from standalone entities to hospital-owned and investor-owned setups. Typically designed for services such as vaccination, point-of-care diagnostics, clinical chemistry, immunoassay, and other applications, retail clinics cater to a diverse range of end users, including stores, malls, hospitals, and other healthcare facilities.
The retail clinics market research report is one of a series of new reports from The Business Research Company that provides retail clinics market statistics, including retail clinics industry global market size, regional shares, competitors with a retail clinics market share, detailed retail clinics market segments, market trends and opportunities, and any further data you may need to thrive in the retail clinics industry. This retail clinics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The retail clinics market size has grown rapidly in recent years. It will grow from $5.49 billion in 2023 to $6.12 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%.The expansion observed during the historical period can be ascribed to several factors, including heightened crop productivity, improved pest and disease management, growing environmental awareness, enhanced seed quality, regulatory backing, and an increased uptake of genetically modified (GM) crops.
The retail clinics market size is expected to see rapid growth in the next few years. It will grow to $9.59 billion in 2028 at a compound annual growth rate (CAGR) of 11.9%. The anticipated growth in the forecast period can be credited to the adoption of precision agriculture, the expansion of the seed market, a heightened emphasis on crop resilience, regulatory backing for sustainable practices, and a growing awareness of precision seed treatment. Significant trends expected during the forecast period include advancements in seed coating technologies, the integration of digital technologies in agriculture, the development of crop protection seed treatments, the application of seed treatment for trait enhancement, and the increasing prominence of biological seed treatments.
The growth of the retail clinic market is anticipated to be propelled by the escalating incidence of chronic illnesses in the foreseeable future. Chronic illnesses, enduring for three months or more with potential exacerbation over time, are predominantly prevalent among the elderly. These conditions, while manageable, often lack definitive cures. As of March 2022, the Australian Bureau of Statistics reported that nearly 78.6% of Australians had at least one long-term health issue, with 46.6% of the population experiencing at least one chronic illness. The expanding prevalence of chronic diseases is a significant factor contributing to the growth of the retail clinic market.
Anticipated growth in the retail clinic market is strongly influenced by the escalating costs associated with healthcare. Healthcare costs encompass the overall expenses incurred for medical services, treatments, and products aimed at maintaining or improving an individual's health. The increasing expenses associated with traditional healthcare services have prompted individuals to seek more cost-effective alternatives, leading to heightened demand for retail clinics with transparent and affordable pricing structures. For instance, in October 2021, healthcare costs per employee in the USA rose to $13,000 in 2022, reflecting an increase from the $12,792 recorded in 2021. The surge in healthcare costs is a significant driver of the expansion of the retail clinic market.
A key trend gaining prominence in the retail clinic market is technological advancements. Major market players are strategically focusing on developing innovative technologies to solidify their market positions. In January 2023, CVS Health, a US-based healthcare company, introduced CVS Health Virtual Primary Care, an innovative virtual care service offering on-demand primary care and planned mental health treatments. This technology-driven approach, featuring licensed clinicians and nurse practitioners, showcases the commitment of industry leaders to leverage technological innovations for competitive advantage.
The retail clinic market is witnessing heightened competitiveness, with major companies concentrating on technological innovations such as virtual care clinics. Amazon Inc., in August 2023, announced the launch of the Amazon Clinic a virtual healthcare delivery platform connecting users with healthcare providers for various ailments. Users can select their health concern, choose a healthcare provider, and respond to a short questionnaire, showcasing the seamless integration of technology in healthcare services. This strategic move reflects the industry's drive to stay at the forefront through the implementation of advanced virtual care solutions.
In January 2022, HCA Healthcare Inc., a prominent US-based company operating in the healthcare sector, successfully acquired MD Now Urgent Care for an undisclosed amount. This strategic acquisition significantly expands HCA Healthcare Inc.'s footprint, positioning it as one of the top urgent care providers in the country, with over 170 clinics operating across 19 areas. MD Now Urgent Care, a US-based healthcare company specializing in primary healthcare, adds substantial value to HCA Healthcare Inc.'s portfolio, showcasing strategic moves aimed at market consolidation and growth.
Major companies operating in the retail clinics market report are The Kroger Co., CVS Health Corporation, Rite Aid Corp., Walmart Inc., Walgreen Co., NextCare, Bellin Health Systems, Aurora Health Care, Sutter Health, Kaiser Foundation Health Plan Inc., Lindora LLC, Geisinger Health, Centennial Medical Group, Access Health, Amazon.com Inc., AtlantiCare, MyHealthAccess, RediClinic LLC, Wellness Express LLC, MedExpress Urgent Care, Concentra Inc., Shopko Stores Operating Co. LLC, Doctors Care, ClearBalance HealthCare, The Little Clinic, FastMed Urgent Care, CityMD, U.S. HealthWorks Inc., Fastcare, Carespot
North America was the largest region in the retail clinics market in 2023. The regions covered in the retail clinics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the retail clinics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The retail clinic market includes revenues earned by entities by offering services such as examination, evaluation, preparation of the course of treatment, guidance, and case supervision to individuals. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Table of Contents
1. Executive Summary
2. Retail Clinics Market Characteristics
3. Retail Clinics Market Trends And Strategies
4. Retail Clinics Market - Macro Economic Scenario
- 4.1. Impact Of High Inflation On the Market
- 4.2. Ukraine-Russia War Impact On the Market
- 4.3. COVID-19 Impact On the Market
5. Global Retail Clinics Market Size and Growth
- 5.1. Global Retail Clinics Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
- 5.2. Global Retail Clinics Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
- 5.3. Global Retail Clinics Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Retail Clinics Market Segmentation
- 6.1. Global Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- Preventive Care
- Immunization
- Minor Illness
- Injury Treatment
- Other Service Types
- 6.2. Global Retail Clinics Market, Segmentation By Service Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- Membership
- Insurance-Based Model
- Fee-For-Service
- 6.3. Global Retail Clinics Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- Standalone
- Hospital-Owned
- Investor-Owned
- Other Ownerships
- 6.4. Global Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- Vaccination
- Point-Of-Care
- Clinical Chemistry And Immunoassay
- Other Applications
- 6.5. Global Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- Stores
- Malls
- Hospitals
- Other End Uses
7. Retail Clinics Market Regional And Country Analysis
- 7.1. Global Retail Clinics Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 7.2. Global Retail Clinics Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Retail Clinics Market
- 8.1. Asia-Pacific Retail Clinics Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 8.3. Asia-Pacific Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 8.4. Asia-Pacific Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Retail Clinics Market
- 9.1. China Retail Clinics Market Overview
- 9.2. China Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
- 9.3. China Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
- 9.4. China Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Retail Clinics Market
- 10.1. India Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 10.2. India Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 10.3. India Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Retail Clinics Market
- 11.1. Japan Retail Clinics Market Overview
- 11.2. Japan Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 11.3. Japan Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 11.4. Japan Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Retail Clinics Market
- 12.1. Australia Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 12.2. Australia Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 12.3. Australia Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Retail Clinics Market
- 13.1. Indonesia Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 13.2. Indonesia Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 13.3. Indonesia Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Retail Clinics Market
- 14.1. South Korea Retail Clinics Market Overview
- 14.2. South Korea Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 14.3. South Korea Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 14.4. South Korea Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Retail Clinics Market
- 15.1. Western Europe Retail Clinics Market Overview
- 15.2. Western Europe Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 15.3. Western Europe Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 15.4. Western Europe Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Retail Clinics Market
- 16.1. UK Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 16.2. UK Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 16.3. UK Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Retail Clinics Market
- 17.1. Germany Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 17.2. Germany Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 17.3. Germany Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Retail Clinics Market
- 18.1. France Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 18.2. France Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 18.3. France Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Retail Clinics Market
- 19.1. Italy Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 19.2. Italy Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 19.3. Italy Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Retail Clinics Market
- 20.1. Spain Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 20.2. Spain Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 20.3. Spain Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Retail Clinics Market
- 21.1. Eastern Europe Retail Clinics Market Overview
- 21.2. Eastern Europe Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 21.3. Eastern Europe Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 21.4. Eastern Europe Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Retail Clinics Market
- 22.1. Russia Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 22.2. Russia Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 22.3. Russia Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Retail Clinics Market
- 23.1. North America Retail Clinics Market Overview
- 23.2. North America Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 23.3. North America Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 23.4. North America Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Retail Clinics Market
- 24.1. USA Retail Clinics Market Overview
- 24.2. USA Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 24.3. USA Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 24.4. USA Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Retail Clinics Market
- 25.1. Canada Retail Clinics Market Overview
- 25.2. Canada Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 25.3. Canada Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 25.4. Canada Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Retail Clinics Market
- 26.1. South America Retail Clinics Market Overview
- 26.2. South America Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 26.3. South America Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 26.4. South America Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Retail Clinics Market
- 27.1. Brazil Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 27.2. Brazil Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 27.3. Brazil Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Retail Clinics Market
- 28.1. Middle East Retail Clinics Market Overview
- 28.2. Middle East Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 28.3. Middle East Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 28.4. Middle East Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Retail Clinics Market
- 29.1. Africa Retail Clinics Market Overview
- 29.2. Africa Retail Clinics Market, Segmentation By Service Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 29.3. Africa Retail Clinics Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 29.4. Africa Retail Clinics Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Retail Clinics Market Competitive Landscape And Company Profiles
- 30.1. Retail Clinics Market Competitive Landscape
- 30.2. Retail Clinics Market Company Profiles
- 30.2.1. The Kroger Co.
- 30.2.1.1. Overview
- 30.2.1.2. Products and Services
- 30.2.1.3. Strategy
- 30.2.1.4. Financial Performance
- 30.2.2. CVS Health Corporation
- 30.2.2.1. Overview
- 30.2.2.2. Products and Services
- 30.2.2.3. Strategy
- 30.2.2.4. Financial Performance
- 30.2.3. Rite Aid Corp.
- 30.2.3.1. Overview
- 30.2.3.2. Products and Services
- 30.2.3.3. Strategy
- 30.2.3.4. Financial Performance
- 30.2.4. Walmart Inc.
- 30.2.4.1. Overview
- 30.2.4.2. Products and Services
- 30.2.4.3. Strategy
- 30.2.4.4. Financial Performance
- 30.2.5. Walgreen Co.
- 30.2.5.1. Overview
- 30.2.5.2. Products and Services
- 30.2.5.3. Strategy
- 30.2.5.4. Financial Performance
- 30.2.1. The Kroger Co.
31. Global Retail Clinics Market Competitive Benchmarking
32. Global Retail Clinics Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Retail Clinics Market
34. Retail Clinics Market Future Outlook and Potential Analysis
- 34.1 Retail Clinics Market In 2028 - Countries Offering Most New Opportunities
- 34.2 Retail Clinics Market In 2028 - Segments Offering Most New Opportunities
- 34.3 Retail Clinics Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies
35. Appendix
- 35.1. Abbreviations
- 35.2. Currencies
- 35.3. Historic And Forecast Inflation Rates
- 35.4. Research Inquiries
- 35.5. The Business Research Company
- 35.6. Copyright And Disclaimer
