Global Retail Clinics in Store Healthcare Market

Report ID : 1314 | Published : 2022-07-12 | Pages: | Format: PDF/EXCEL

The market size of the Global Retail Clinics in Store Healthcare Market and is predicted at an 22.64 % CAGR during the forecast period.

A retail clinic is a healthcare location that provides services and medications from a qualified clinician outside of a typical office or emergency department. Retail clinics do not have observation beds and are only open for walk-ins. The main advantage of these clinics is that no appointment is required to receive medical treatment. Increasing disease prevalence, increased focus on healthcare, growing geriatric population, and increasing burden on other traditional healthcare institutions is among the significant factors driving the market growth. Rising healthcare expenditure &spending and the growing popularity of retail clinics are other factors governing the retail clinics' market potential. The global focus on healthcare has grown as the prevalence of chronic diseases has skyrocketed. Better healthcare infrastructure is especially important in emerging nations with rising per capita disposable income. Retail, medical clinics are predicted to grow in popularity in emerging markets such as India, China, and Brazil. Retail clinics have been shown to be crucial in vaccination delivery programs around the world, which is projected to increase their market potential during the forecast period. Retail, medical clinics are located in popular areas, making them an appealing venue for effectively and quickly delivering immunizations.

One of the key factors projected to impede the growth of the global retail clinics market during the forecast period is the general population's hesitancy to seek treatment at retail clinics in emerging countries. Single treatment for mild or superficial infections, insufficient infrastructure, and a preference for treatment in retail clinics are factors limiting the market's growth potential.

Market Segmentation:

The Retail Clinics in Store Healthcare Market is segmented on the basis of Type and Distribution Channel. Based on Type, the market is segmented as Retail Owned and Hospital Owned. Based on Distribution Channel, the market is segmented as Big Box retailers, Drugstore chains, Grocery chains, and Standalone drug stores.

Based on Type, the Retail Owned segment is accounted as a major contributor in the Retail Clinics in Store Healthcare Market.

Retail-oriented enterprises usually hold Retail medical clinics, and this practice has been increasingly prevalent over the years. Retail-owned clinics have increased in number around the world and continue to account for the vast majority of the market share. This trend is projected to continue during the projection period. There is an increasing demand for retail clinics due to the rising occurrence of illnesses and disorders such as sore throat, infections, flu, cold, cough, fever, and allergies. There is less waiting time, more ease of access, and lower comparable costs. Such advantages contribute to their growing appeal, propelling total expansion.

Based on Distribution Channel, the Drug stores segment is accounted as a major contributor in the Retail Clinics in Store Healthcare Market.

Drug stores will acquire a majority market share and lead the distribution channel category in the retail clinics market landscape. This tendency is projected to continue during the projection period. The drug store industry consists of businesses that sell prescription and non-prescription pharmaceuticals as well as other "front-end" products. The majority of drug store sales are attributed to the number of prescriptions filled, as prescriptions are the primary source of customer activity in the store. The high demand for prescription pharmaceuticals has resulted in increased external competition for the drug store business. In response to increasing competition from mail-order retailers and supercentres, industry operators have prioritized convenience aspects such as extended store hours and drive-through locations to attract and retain customers.

The North American Retail Clinics in Store Healthcare Market holds the largest revenue share in the region.

The retail clinics market in North America is estimated to grow rapidly over the forecast period, accounting for a sizable market share during the forecast period. The presence of significant retail clinic providers such as CVS Healthcare and Walgreens, as well as the expanding number of retail care clinics in the region, can be credited to the region's growth. The United States and Canada are projected to drive demand for retail health clinics in this region. The United States is well-known for its well-established healthcare infrastructure, making it a highly profitable market for most healthcare businesses. Retail health clinics are extremely popular in the country due to their cost-effective and convenient approach to healthcare, which would otherwise be prohibitively expensive in the United States. Government initiatives and increased healthcare awareness are projected to be significant trends in the US for the retail clinics business throughout the forecast period.

Competitive Landscape

The key players in the Retail Clinics in Store Healthcare Market have shifted their focus towards bio-based components for product manufacturing and are initiating significant strategies such as mergers, acquisitions, and through joint ventures of major and domestic firms to improve their global market reach and product portfolio. Some of the major key players in the Retail Clinics in Store Healthcare Market are Access Health, AMA, Geisinger, Care Today, CVS, MedDirect, My Healthy Access, Now Medical Centers, The Little Clinic, Walgreens Boots Alliance, Wellness Express, Kroger, Rite Aid, Doctors Care, Clear Balance, NEXtCARE, Target Brands Inc., and U.S. HealthWorks, Inc.

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Retail Clinics in Store Healthcare Market Snapshot

Chapter 4. Global Retail Clinics in Store Healthcare Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Investment and Funding Analysis

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Competitive Landscape & Market Share Analysis

4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: By Type Estimates & Trend Analysis

5.1. By Type & Market Share, 2020 & 2030

5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2030 for the following By Type:

5.2.1. Retail Owned

5.2.2. Hospital Owned

Chapter 6. Market Segmentation 2: By Distribution Channel Estimates & Trend Analysis

6.1. By Distribution Channel & Market Share, 2020 & 2030

6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2020 to 2030 for the following By Distribution Channel:

6.2.1. Big Box retailer

6.2.2. Drugstore chain

6.2.3. Grocery chain

6.2.4. Standalone drug store

Chapter 7. Retail Clinics in Store Healthcare Market Segmentation 4: Regional Estimates & Trend Analysis

7.1. North America

7.1.1. North America Retail Clinics in Store Healthcare Market revenue (US$ Million) estimates and forecasts By Type, 2020-2030

7.1.2. North America Retail Clinics in Store Healthcare Market revenue (US$ Million) estimates and forecasts By Distribution Channel, 2020-2030

7.1.3. North America Retail Clinics in Store Healthcare Market revenue (US$ Million) estimates and forecasts by Scale of Operation, 2020-2030

7.1.4. North America Retail Clinics in Store Healthcare Market revenue (US$ Million) estimates and forecasts by country, 2020-2030

7.2. Europe

7.2.1. Europe Retail Clinics in Store Healthcare Market revenue (US$ Million) By Type, 2020-2030

7.2.2. Europe Retail Clinics in Store Healthcare Market revenue (US$ Million) By Distribution Channel, 2020-2030

7.2.3. Europe Retail Clinics in Store Healthcare Market revenue (US$ Million) estimates and forecasts by Scale of Operation, 2020-2030

7.2.4. Europe Retail Clinics in Store Healthcare Market revenue (US$ Million) by country, 2020-2030

7.3. Asia Pacific

7.3.1. Asia Pacific Retail Clinics in Store Healthcare Market revenue (US$ Million) By Type, 2020-2030

7.3.2. Asia Pacific Retail Clinics in Store Healthcare Market revenue (US$ Million) By Distribution Channel, 2020-2030

7.3.3. Asia Pacific Retail Clinics in Store Healthcare Market revenue (US$ Million) estimates and forecasts by Scale of Operation, 2020-2030

7.3.4. Asia Pacific Retail Clinics in Store Healthcare Market revenue (US$ Million) by country, 2020-2030

7.4. Latin America

7.4.1. Latin America Retail Clinics in Store Healthcare Market revenue (US$ Million) By Type, (US$ Million)

7.4.2. Latin America Retail Clinics in Store Healthcare Market revenue (US$ Million) By Distribution Channel, (US$ Million)

7.4.3. Latin America Retail Clinics in Store Healthcare Market revenue (US$ Million) estimates and forecasts by Scale of Operation, 2020-2030

7.4.4. Latin America Retail Clinics in Store Healthcare Market revenue (US$ Million) by country, 2020-2030

7.5. Middle East & Africa

7.5.1. Middle East & Africa Retail Clinics in Store Healthcare Market revenue (US$ Million) By Type, (US$ Million)

7.5.2. Middle East & Africa Retail Clinics in Store Healthcare Market revenue (US$ Million) By Distribution Channel, (US$ Million)

7.5.3. Middle East & Africa Retail Clinics in Store Healthcare Market revenue (US$ Million) estimates and forecasts by Scale of Operation, 2020-2030

7.5.4. Middle East & Africa Retail Clinics in Store Healthcare Market revenue (US$ Million) by country, 2020-2030

Chapter 8. Competitive Landscape

8.1. Major Mergers and Acquisitions/Strategic Alliances

8.2. Company Profiles

8.2.1. Access Health

8.2.2. AMA

8.2.3. Geisinger

8.2.4. Care Today

8.2.5. CVS

8.2.6. MedDirect

8.2.7. My Healthy Access

8.2.8. Now Medical Centers

8.2.9. The Little Clinic

8.2.10. Walgreens Boots Alliance

8.2.11. Wellness Express

8.2.12. Kroger

8.2.13. Rite Aid

8.2.14. Doctors Care

8.2.15. Clear Balance

8.2.16. NEXtCARE

8.2.17. Target Brands Inc.

8.2.18. U.S. HealthWorks, Inc.

8.2.19. Other Prominent Players

Segmentation of Retail Clinics in Store Healthcare Market-

By Type

  • Retail Owned
  • Hospital Owned

By Distribution Channel

  • Big Box retailer
  • Drugstore chain
  • Grocery chain
  • Standalone drug store

 

By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

Need Complete Report ?

Frequently Asked Questions

Who are the Key Players in the Global T-cell Lymphoma Market?

22.64 % CAGR during the forecast period.

Our Clients