Industry Background:
Virtual urgent care visits enable patients to schedule a one-on-one video consultation with a healthcare provider and receive immediate medical attention. Virtual visits have numerous advantages, including convenience, safety, and shorter wait times. Overall, even during non-pandemic times, telehealth is an excellent way for patients to access healthcare, both for urgent care and routine primary care. Virtual or telehealth visits can be conducted from any location, including the patient's home, hotel room, or office. All that is required is a few minutes of quiet time to talk, see, and listen to the provider on the video call. Virtual visits are especially beneficial for patients who live in rural areas with limited access to healthcare services. Virtual visits enable easy access to medical care in rural areas without requiring long distance travel. Although most urgent care centers charge the same for a virtual visit and an in-person visit, virtual visit options still provide some level of affordability. Individuals can save time and money by accessing healthcare from the comfort of own home. Video visits are also covered by most insurance plans, just like regular in-office urgent care visits.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Hurley Medical Center (United States), Community Health Network (United States), Sharp HealthCare (United States), Ohiohealth (United States), WellNow Urgent Care (United States), Hospital for Sick Children (SickKids) (Canada), MultiCare Health System (United States), University of Utah Health (United States), Banner Health (United States) and Uvahealth (United States) |
According to AMA, the market for Virtual Urgent Care is expected to register a CAGR of 15.7% during the forecast period to 2027. This growth is primarily driven by Growing Demand For Medical Advices And Treatment Via Electronics and Proliferation In Penetration Of Smartphones Has Definitely Affected The Growth Of The Virtual Visits.
Globally, a noticeable market trend is evident Technological Advancement Fueling Virtual Urgent Care. Major Players, such as Hurley Medical Center (United States), Community Health Network (United States), Sharp HealthCare (United States), Ohiohealth (United States), WellNow Urgent Care (United States), Hospital for Sick Children (SickKids) (Canada), MultiCare Health System (United States), University of Utah Health (United States), Banner Health (United States) and Uvahealth (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 1st June 2022, WellNow Urgent Care, one of the country's fastest-growing urgent care providers, announced that it has acquired Primary Urgent Care, a Central New York-based provider of urgent care, occupational medicine and telemedicine with two locations in Herkimer and Utica, New York. This acquisition follows a period of rapid growth for WellNow, which currently operates more than 120 locations across New York, Illinois, Indiana, Michigan and Ohio.
Market Drivers
- Growing Demand For Medical Advices And Treatment Via Electronics
- Proliferation In Penetration Of Smartphones Has Definitely Affected The Growth Of The Virtual Visits
Market Trend
- Technological Advancement Fueling Virtual Urgent Care
Restraints
- Concerns Related To Data Security & Privacy Risks Associated With Virtual Urgent Care
Opportunities
Rapid Digitization Of The Healthcare Infrastructure and The Rising Implementation Of Virtual Visits And Tele consultations By Healthcare Specialists
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Virtual Urgent Care Study Sheds Light on
The Virtual Urgent Care Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Virtual Urgent Care industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Virtual Urgent Care industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.