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.
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The global retail clinics market is largely governed by prominent players such are
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As per Market Industry Reports (MIR) research findings, lower cost of treatment, flexible visiting hours, easily accessible locations are set to open new avenues for stakeholders.
Several growth opportunities are anticipated to propel the growth of the global retail clinics market during the forecasted period. Rising incidences of lifestyle diseases such as diabetes, obesity, and hypertension, comparative reduction in cost of treatments and shorter waiting period are some of the key factors driving the global retail clinics market.
Ease of access to these clinics by majority of the population is one of the crucial factors driving the growth of the retail clinics market. Widespread locations of retail clinics across stores, malls and several other public places coupled with flexible visiting hours have made such stores convenient among the general population.
“Companies are opting partnership strategies to expand their network with regional health systems so as to create a one stop solution for patient population” said Trupti, Senior Analyst, Healthcare at MIR.
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Retail clinics are also used as an alternative for another source of care centers such as hospital emergency departments (EDs) for nonemergency care. These clinics are used by people for simple acute conditions or preventive care. Retail clinics have nurse practitioners and physician assistants that help people in improvising their conditions. Continuously rising lifestyle diseases such as diabetes, obesity, hypertension and lower cost of services at retail clinics compared to the traditional care centers are some of the key factors propelling its demand globally.
According to regional perspective, North America accounts for the largest market share in the retail clinic market. This largest share of this region can be attributed to factors such as larger population base, and growing preference of convenience care in the region.
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To view the original version on The Express Wire visit Retail Clinics Market is Likely to Register a CAGR of 11.2 % Between 2019 to 2030