U.S. Retail Clinics Market In-Depth Analysis On The Basis Of Ownership Type And Forecast To 2025 by sonali_86 · November 28 Dave Winfield Youth Jersey , 2019
The Report聽U.S. Retail Clinics Market聽Analysis By Ownership Type (Retail-Owned, Hospital-Owned), Competitive Landscape, And Segment Forecasts, 2018 鈥?2025
The聽U.S. retail clinics market聽is expected to reach USD 7.3 billion by 2025 Jesse Barfield Youth Jersey , growing at CAGR of 20.3%, according to a new report by Grand View Research, Inc. Convenient access and affordable prices are expected to boost growth of the U.S. retail clinics market.
These settings act as an alternate channel for provision of primary care and offer basic healthcare services at affordable prices, lowering the need to visit the Emergency Department. Around 10% of the visits to the emergency departments in the U.S. could be treated outside of the ED. This reduces the out-of-pocket costs paid for the visit to an ED.
These settings usually operate during all seven days of a week. In addition, they have shorter waiting duration and appointments are not mandatory. Convenience and flexibility of visit hours help people easily access clinics that are located in grocery stores Roger Clemens Youth Jersey , shopping malls, and other locations.
In addition, adoption of information technology, highlighted by the use of EHRs helps these settings maintain a streamlined patient record that can be shared across different healthcare systems. This patient data could also be used to implement population health management strategies, for better patient outcomes Paul Molitor Youth Jersey , which could ease the U.S. healthcare鈥檚 transformation into a value-based care model from a fee-for-service (FFS) model.
Access Research Report of聽U.S. Retail Clinics聽Market聽@聽 Further Key Findings From the Report Suggest:
Retail clinics employ a business model that involves provision of healthcare services at affordable prices for treatment and other supplementary services. These settings have gained prominence in the U.S. with a lucrative growth rate. There is a steady rise in their number & visits per year. They are also expected to curb the issue of rising cost of healthcare services and extend the primary care continuum by providing affordable care These settings in the U.S. mostly operate in large metropolitan areas in the Southern and Midwestern parts of the region Some of the major players in the market comprise CVS Health (MinuteClinic), Walgreens (Healthcare Clinic), Walmart (The Clinic at Walmart, Care Clinic), Bellin Health (FastCare) George Bell Youth Jersey , Rediclinic (Rite Aid), Kroger (The Little Clinic), Aurora Health Care (QuickCare Clinic) CVS Health (MinuteClinic) is one of the largest and fastest-growing retail clinics. In 2016, CVS acquired Target, and integrated & rebranded the clinics inside Target stores. As of January 2017 Randal Grichuk Youth Jersey , MinuteClinic was present across 1,105 locations. Grand View Research has segmented the U.S. retail clinics market on the basis of ownership type: Ownership Type Outlook (Revenue, USD Million, 2014 – 2025)
Retail-Owned Hospital-Owned About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company Joe Carter Youth Jersey , registered in the State of California and headquartered in San Francisco. The聽company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals Roberto Alomar Youth Jersey , materials and healthcare.
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