Retail Clinics Market by Application (Vaccination, Point-Of-Care and Clinical Chemistry & Immunoassay), Operator (Pharmacies/Big Box Retailers, Hospital Operated and Private Owners), Location (Retail Store, Drugstore Chain and Standalone Drugstore) - Analysis & Forecast 2019-2030
ID: 71711 I Sep 2019 I Global I
220 pages I MGI-7
Retail Clinics Market by Application (Vaccination, Point-Of-Care and Clinical Chemistry & Immunoassay), Operator (Pharmacies/Big Box Retailers, Hospital Operated and Private Owners), Location (Retail Store, Drugstore Chain and Standalone Drugstore) - Analysis & Forecast 2019-2030
ID: 71711 I Sep 2019 I Global I 220 pages I ;Market Industry Reports
Retail Clinics Market Share Industry Size Growth Forecast Report 2030
ID: 71711 I Sep 2019 I Region: Global I 220 pages I Market Industry Reports
Retail Clinics Market Overview and Introduction
Global Retail Clinics Market is estimated to be over US$ 2500 Million in 2018. It is anticipated to grow at a 18.3% CAGR from 2019 to 2030.
Retail clinics are walk-up medical providers which are an additional channel to primary care. These clinics are staffed with nurse practitioners or physician assistants. Patients visit retail clinics for vaccines, minor illnesses and injuries. These clinics are a convenient alternative to physician offices and hospital emergency departments as they offer benefits such as easier access to medical care. Retail clinics are located in grocery stores, malls, drug stores and retail chain stores. Retail clinics help in treating minor illnesses like colds, pinkeye, urinary tract infections, completing physicals (including lab work and screenings), vaccinations and even help in smoking cessation.
The retail clinics market is driven by ease of access as these clinics are located in grocery stores, shopping malls and drug stores. Moreover, visits to retail clinics are less expensive as compared to physician offices or emergency departments. Shorter waiting time, flexible visiting hours and no mandate of prior appointments are some of the pivotal factors fueling the growth of the retail clinics market. Retail clinics are considered as secondary choice by many patients. This trend is expected to curb the growth of the market to certain extent.
Retail Clinics Market by Application
On the basis of application, the retail clinics market is segmented into vaccination, point-of-care, clinical chemistry & immunoassay, and other applications. The point-of-care segment is estimated to account for the largest share in the retail clinics market. The large share of this segment can be attributed to the rising prevalence of lifestyle diseases such as diabetes, obesity, hypertension and other diseases.
Retail Clinics Market by Operator
On the basis of operator, the market is segmented into pharmacies/big box retailers, hospital operated and private owners. In terms of market share, the segment of pharmacies/big box retailers is estimated to account for the largest market share, owing to the presence of prominent players such as Walmart stores that are one-stop shop and have deep-rooted presence in many locations. Similarly, in terms of location, the retail clinics market is segmented into retail stores, drugstore chains and standalone drugstores. The drugstore segment holds the largest market share owing to factors such presence of prominent players such as CVS Pharmacy that have stores at multiple locations and hence are easily accessible to people.
Retail Clinics Market by Location and Region
The retail clinics market is segmented into North America, Europe, and Rest of World (ROW). North America dominated the market of retail clinics, followed by Europe. North America is expected to continue to dominate the retail clinics market in the forecast period due to growing preference of convenience care in the region.
Retail Clinics Market Prominent Players
The prominent players in the retail clinics market are Aurora Health Care, RediClinic, The Kroger Co., CVS Pharmacy, Walgreens Boots Alliance, Inc., Bellin Health, NEXtCARE, HEALTHCARE WORKS, INC. Urgent Care MSO, LLC, among others.
INTRODUCTION
Market Definition
Market Ecosystem
Market Classification
Geographic Scope
Years Considered for the Study: Historical Years – 2016 & 2017; Base Year – 2018; Forecasted Years – 2019 to 2030
Currency Used
RESEARCH METHODOLOGY
Research Framework
Data Collection Technique
Data Sources
Secondary Sources
Primary Sources
Market Estimation Methodology
Bottoms Up Approach
Top Down Approach
Data Validation and Triangulation
Market Forecasting Model
Limitations/Assumptions of the Study
ABSTRACT OF THE STUDY
MARKET DYNAMICS ASSESMENT
Overview
Drivers
Barriers/Challenges
Opportunities
UNIQUE SELLING PROPOSITIONS (USPs)
Cost Assessment: Per Patient Visit
Reimbursement Scenario Assessment - Snapshot
GLOBAL RETAIL CLINICS MARKET - ANALYSIS & FORECAST, BY APPLICATION
Vaccination
Point-Of-Care
Clinical Chemistry & Immunoassay
Other Applications
GLOBAL RETAIL CLINICS MARKET - ANALYSIS & FORECAST, BY OPERATOR
Pharmacies/Big Box Retailers
Hospital Operated
Private Owners
GLOBAL RETAIL CLINICS MARKET - ANALYSIS & FORECAST, BY LOCATION
Retail Stores
Drugstore Chains
Standalone Drugstores
GLOBAL RETAIL CLINICS MARKET - ANALYSIS & FORECAST, BY REGION
North America Retail Clinics Market
North America Retail Clinics Market, By Country
U.S.
Canada
North America Retail Clinics Market Analysis & Forecast, By Application
North America Retail Clinics Market Analysis & Forecast, By Operator
North America Retail Clinics Market Analysis & Forecast, By Location
Europe Retail Clinics Market
Europe Retail Clinics Market, By Country/Region
Sweden
U.K.
Finland
Rest of Europe (ROE)
Europe Retail Clinics Market Analysis & Forecast, By Application
Europe Retail Clinics Market Analysis & Forecast, By Operator
Europe Retail Clinics Market Analysis & Forecast, By Location
Rest of the World (ROW) Retail Clinics Market
Rest of the World Retail Clinics Market, By Region
Asia-Pacific
Latin America
Middle East & Africa
Rest of the World Retail Clinics Market Analysis & Forecast, By Application
Rest of the World Retail Clinics Market Analysis & Forecast, By Operator
Rest of the World Retail Clinics Market Analysis & Forecast, By Location
COMPETETIVE LANDSCAPE
Market Share Analysis (2018)
Key Strategies Assessment
Merger & Acquisitions
Agreements, Collaborations, & Partnerships
Expansions
Other Strategies
COMPANY PROFILES (Business Overview, Services Offered, Financial Performance, Recent Developments)*
Aurora Health Care
RediClinic
The Kroger Co.
CVS Pharmacy
Walgreens Boots Alliance, Inc.
Bellin Health
NEXtCARE
HEALTHCARE WORKS, INC.
Urgent Care MSO, LLC
Other Prominent Players
*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain
Research Methodology
It is a well-organized procedure to carry out research. We at Market Growth Insight follow global, all-inclusive & iterative research methodology to develop our research reports. We are using both the top down as well as bottom-up approaches for partitioning and evaluating the significant aspects of the market.
It is a systematic & strategic approach for conducting a market study. Our market research methodology is based on the concept that gives a detailed description of the factors behind an observation. Let us see the detailed market research methodology.
Primary Data Research
It is the very basic stage of research the raw data is obtained and collected on a boarded front.Data is constantly filtered to ensure that only validated and authenticated sources are considered. Moreover,information is also mined from a large group of reports in our vault, as well as various reputed paid databases. It is necessary to understand the entire value chain and in order to facilitate this; we gather information from raw material suppliers, distributors as well as buyers, for extensive knowledge of the market.
The technical issues and trends are acquired from reviews, technical discussion and trade journals. Moreover, the technical data is also accumulated from intellectual property prospective, focusing on a void area and freedom of movement. The industry elements regarding drivers, restraints, pricing trends are also collected. Subsequently, the material developed contains a wide range of original and unique information that is then further cross-validated and authenticated with published sources.
Statistical Model
Simulation models are responsible to estimate and forecast our market, and for each research, a unique model is created and customized. The data accumulated for market dynamics, innovation scene, application improvement, estimating trends is delivered into the model and analyzedsimultaneously. These components are examined on a comparative basis, and their impact on the figure of the frame is measured with the assistance of correlation, regression and time series investigation. Forecasting of the market is performed through the consolidation of economic tools, innovative examination, and industry experience along with domain expertise. Generally, economic models are utilized for short-termforecasting, technological market models are used for long-term forecasting of a market. These are based on an amalgamation of technology innovation, regulatory frameworks, economic outlook, and business principles. A bottom-up approach to the market estimation is preferred, with key regional markets analyzed as separate entities and integration of information to get a worldwide evaluation. This is very critical for a deep knowledge of the business as well as ensuring negligible mistakes. Below mentioned are some of the parameters are considered for forecasting
Market drivers and restraints, along with their current and expected impact
Raw material scenario and supply v/s price trends
Regulatory situation and expected developments
Current capacity and expected capacity additions up to 2025
Market driving organizations
The key targets of essential research are as per the following
To approve our information as far as exactness and adequacy
To pick up an understanding of the present market and future desires
We dole out weights to these parameters and evaluate their market effect utilizing weighted normal examination, to infer a normal market development rate.
This is the last advance in assessing and anticipating for our reports. Thorough essential meetings are led, on up close and personal and additionally via telephone to approve our discoveries and suppositions used to get them. Interviewees are drawn closer from driving organizations over the esteem chain including providers, innovation suppliers, area specialists,and purchasers in order to guarantee an all-encompassing and fair photo of the market. Essential meetings help in information approval, as well as give basic bits of knowledge into the market, current business situation and future desires and upgrade the nature of our reports. Every one of our assessments and figure is checked through comprehensive essential research with Key Industry Participants (KIPs) which ordinarily include:
Preliminary Investigation
This is the closing phase in estimating and forecasting for our reports. In this stage face to face and telephonic exhaustive interviews are conducted to validate our conclusion and assumptions used to obtain the final data. The leading companies across the value chain including suppliers, technology providers, domain experts,and purchasers are approaching the interviewees to ensure a holistic and unbiased view of the market. These interviews are led over the world, with language boundaries defeat with the guide of local staff and translators. Primary interviews in information validation as well as give critical insights into the market, current business outline and future expectations upgrade the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants include
Leading market organizations
Raw material suppliers
Product dealer
Clients or Consumers
The key targets of primary research are as per the following:
To validate our data as far as exactness and adequacy
To pick up an understanding into the present market and future desires
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