Recent research: Retail Clinics Market to witness steady growth at ~10.4% CAGR by 2028 - PowerPoint PPT Presentation

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Recent research: Retail Clinics Market to witness steady growth at ~10.4% CAGR by 2028


According to the latest research by Future Market Insights (FMI), the global retail clinics market value will exceed US$ 8 billion towards the end of 2028, reflecting a robust CAGR of more than 10% during 2018-2028. The revenue generated from the collective demand for retail clinics for point-of-care diagnostics and vaccination accounts for a whopping market value share of nearly 75%, according to FMI’s analysis. – PowerPoint PPT presentation

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Title: Recent research: Retail Clinics Market to witness steady growth at ~10.4% CAGR by 2028

Retail Clinics Market
  • February 2020

Report Id REP-AS-9254 Published On
March-2019 Category Healthcare, Pharmaceuticals
Medical Devices
AboutFuture Market Insights
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contact Hari. T (Sr. Manager - Global Business
Development) T 44 (0) 20 7692 8790 D 44
20 3287 4268 Email
Research Methodology (1/2)
  • Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
FMI formulates a detailed discussion guide to conduct expert and industry interviews
FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts
FMI conducts interviews with industry experts, industry players, distributors and retailers
Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data
Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry
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Secondary Research
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includes sources of databases
Retail Clinics Market Analysis
  • Retail Clinics Market to Register Steadfast CAGR
    of 10.4 in Terms of Value Over Forecast Period,
    2018 2028
    According to the latest research by Future Market
    Insights (FMI), the global retail clinics
    market value will exceed US 8 billion towards
    the end of 2028, reflecting a robust CAGR of more
    than 10 during 2018-2028. The revenue generated
    from the collective demand for retail clinics for
    point-of-care diagnostics and vaccination
    accounts for a whopping market value share of
    nearly 75, according to FMIs analysis.
  • Increasing acceptance of the retail clinics
    concept, rising awareness about cost related
    advantages, and improving government support for
    walk-in clinics will collectively supplement the
    growth of retail clinics market over the course
    of coming years. The report opines that the role
    of governments will be vital in popularization of
    retail clinics, particularly in developing
    regional markets.
  • Convenience Cost Benefit Collectively Pushing
    Prospects of Retail Clinics
  • Retail clinics follow a holistic care approach.
    In addition, their partnership with various
    Telehealth vendors such as Teladoc and Doctor on
    Demand enable healthcare delivery and services at
    any given place and time. For Instance, an
    E-commerce channel is being implemented by the
    US-based CVS Health, one of the leaders in the
    MinuteClinic chain of retail clinics.

Retail Clinics Market Analysis
  • The report has cited top three factors capturing
    attention of increasing consumers -
  • 1.       Quality care
  • 2.       Ease of access
  • 3.       Cost efficiency and transparency
  • The growing demand for healthcare at relatively
    lesser service costs will continue to favor the
    growth of retail clinics market during the
    forecast period. A lot of major healthcare payers
    are considering and including retail clinics in
    their healthcare provider networks, motivating
    enrolees to opt for these clinics for convenience
    and quality of care.
  • Challenges to Retail Clinics Penetration Still
    Prevail, in Developing Regions
  • Developed regions, the key areas for retail
    clinics market, account for over 80 of the
    global revenue. The report envisages significant
    growth potential in emerging East Asian economies
    for the retail clinics market, over the
    projection period.
  • Retail clinics have been attracting a wide
    consumer base across the US and the number is
    actively growing in other key markets such as
    Europe and China.

Retail Clinics Market Analysis
  • However, the outreach of retail clinics continues
    to face challenges due to poor monitoring of
    penetration into several developing as well as
    underdeveloped regions. While retail clinics have
    gained attention since the past few years and are
    expanding their offerings prudently at a rapid
    pace, the report highlights that this prompts at
    an increased need for regulation checks over the
    coming years.
  • Retail clinics are positioning themselves to play
    a crucial role in the delivery of primary care
    services, worldwide. This trend in the retail
    clinics market is expected to increase
    predominantly in developing regions. The
    potential opportunities will also create
    long-term challenges facing retailers, clinical
    laboratories, healthcare policy makers, and
    pathologists, as suggested by the report.
  • Key Players Keen on Investing Efforts in Customer
  • Patients face difficulties with respect to filing
    specialty prescriptions, which further affects
    their will for adherence. CVS Health also piloted
    a Specialty Connect Program to overcome
    hindrances in adherence. This program is claimed
    to enable patients to drop their prescriptions at
    any given CVS Health store and pick up their
    medicines once ready. The program has also
    initiated the delivery of these medicines at
    their houses or any clinicians office.
  • Press-Release Source https//www.globenewswire.c

Retail Clinics Market Analysis
  • About Future Market Insights (FMI)
  • Future Market Insights (FMI) is a leading
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Retail Clinics Market Analysis
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