The Retail Clinics Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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 growth in the forecast period can be attributed to precision agriculture adoption, seed market growth, focus on crop resilience, regulatory support for sustainable practices, increasing awareness of precision seed treatment.. Major trends in the forecast period include seed coating technologies, integration of digital technologies, crop protection seed treatments, seed treatment for trait enhancement, biological seed treatments..
The increasing incidence of chronic illnesses is expected to propel the growth of the retail clinic market in the coming future. Chronic illness is a medical condition or illness that often lasts for three months or more and has the potential to get worse over time. Older people are more likely to have chronic illnesses, which can often be managed but not cured. The increasing number of chronic illnesses expands the retail clinic market as they are most beneficial and have a positive effect on chronic disease management. For instance, in March 2022, according to the Australian Bureau of Statistics, an Australia-based independent statutory body in charge of data gathering and analysis as well as providing federal, state, and territory governments with recommendations based on facts, nearly three-quarters of Australians (78.6%) had at least one long-term health issue. About half of the population (46.6% or 11.6 million) had at least one chronic illness. Therefore, the increasing incidence of chronic illnesses is driving the retail clinic market.
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The retail clinics market covered in this report is segmented –
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
Top Major Players:
The Kroger Co.
CVS Health Corporation
Rite Aid Corp.
Walmart Inc.
Walgreen Co
North America was the largest region in the retail clinics market in 2023.
Technological advancements are the key trend gaining popularity in the retail clinic market. Major companies operating in the retail clinic market are focused on developing innovative technologies to strengthen their position in the market. For instance, in January 2023, CVS Health, a US-based healthcare company that owns a retail clinic and pharmacy chain, launched CVS Health Virtual Primary Care. CVS Health Virtual Primary Care is a brand-new, innovative, unique virtual care service that offers primary care, on-demand care available around the clock, and planned mental health treatments. If a patient needs in-person follow-up treatment, he or she can seek it from any in-network healthcare professional. CVS Health Virtual Primary Care is a specialized practice featuring licensed by-the-board clinicians and licensed nurse practitioners who assist in the delivery of primary care services via physician-led care teams.
The retail clinics market report table of contents includes:
1. Executive Summary
2. Retail Clinics Market Characteristics
3. Retail Clinics Market Trends And Strategies
4. Retail Clinics Market – Macro Economic Scenario
5. Global Retail Clinics Market Size and Growth
…
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
35. Appendix
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