Increasing healthcare spending and an aging population are expected to boost demand for cost-effective, convenient medical care—adding up to strong growth in the urgent care marketplace for the remainder of the decade, according to a new report from Market Research Search Engine (MRRSE). The company’s conclusions are based on in-depth interviews with key opinion leaders within urgent care, but also on extensive secondary research. The report describes the industry as “highly fragmented,” with “small players” owning approximately 35% of locations. It notes that the urgent care market was valued at $23.5 billion in 2013 and projects it will reach $30.5 billion by 2020. A free sample of the report is available at http://www.mrrse.com/sample/980.
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New Analysis Predicts Urgent Care Will Grow 30% by 2020