U.S. Urgent Care Centers Market Size, Share & Trends Analysis Report By Application (Acute Respiratory Infection, Injuries, Joint/Soft Tissue Issues), By Ownership, And Segment Forecasts, 2023 - 2030

Research Methodology

A three-pronged approach was followed for deducing the U.S. urgent care centers market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for U.S. urgent care centers market to gather the most reliable and current information possible.

• We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
• We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
• We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
• We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
• We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of U.S. urgent care centers market data depending on the type of information we’re trying to uncover in our research.

• Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

• Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

• Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

• Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

• Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

• Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

• This step also entails the finalization of the report scope and data representation pattern.

• Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

U.S. Urgent Care Centers Market Categorization:

The U.S. urgent care centers market was categorized into two segments, namely application (Acute respiratory infection, General Symptoms, Injuries, Joint/Soft Tissue Issues, Digestive System Issues, Skin Infections, Urinary Tract Infections, Ear Infections, Sprains, Strains, and Fractures, Influenza Pneumonia, Disease of Respiratory Tract), ownership (Hospital, Corporation, Physicians).

Segment Market Methodology:

The U.S. urgent care centers market was segmented into application and ownership. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

• Demand estimation of each product across countries/regions summed up to from the total market.

• Variable analysis for demand forecast.

• Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

• Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

• Used extensively for new product forecasting or analyzing penetration levels.

• Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

• Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

• This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The U.S. urgent care centers market was analyzed at a regional level.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

U.S. urgent care centers market companies & financials:

The U.S. urgent care centers market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

• Concentra, Inc. -Concentra, Inc., a division of Select Medical Holdings Corporation, is a healthcare company providing services such as physical therapy, urgent care, occupational therapy, physical exams, drug screening, and others. The company provides access to care through 524 medical centers and 140 onsite clinics across 43 U.S. states. In addition, the company offers telemedicine services for work-related injuries & illnesses.

• Sutter Health -Sutter Health is a nonprofit integrated health delivery system company that includes acute care, medical foundations, fundraising foundations, and other specialized health care services. The company has specialized surgery, cardiac care, cancer care, home care centers, and rehab facilities. The company provides a variety of clinical services, including complementary medicine, cancer care, heart care, diabetes care, children's health, home health/hospice, mental healthcare, orthopedics, sleep disorders, pregnancy & childbirth, and transplant services.

• American Family Care - American Family Care (AFC) is one of the leading providers of nonemergency room urgent & primary care services, with more than 300 centers across 28 states in the U.S., providing treatment to around 3 million patients annually. AFC provides virtual telemedicine services (telecare) in a few states, such as Florida, Tennessee, Georgia, and Alabama.

• MedExpress - The company is an urgent care center that provides immediate treatment for wellness exams, illnesses & injuries, and employer health services. The company also offers treatment for job-related medical issues and workplace injury to employers & employees through its Employer Health Services program. The company operates over 145 full-service, neighborhood medical centers open 12 hours per day, 7 days a week.

• NextCare- NextCare is a national provider of occupational medical and urgent care services. The organization has more than 170 clinics across 12 states in the U.S. with 3 brands, including Michigan Urgent Care (MI), Access Medical Centers (OK), and NextCare Urgent Care. The center provides treatment for all types of patients and of all ages.

• TH Medical - Tenet Healthcare Corporation is a healthcare services company that operates through three business segments: hospitals, ambulatory care, and conifer. The company has 61 acute care hospitals and over 100 other outpatient facilities, including ambulatory surgery centers, urgent care centers, imaging centers, surgical hospitals, off-campus emergency departments, & microhospitals.

• FastMed Urgent Care- FastMed is an urgent care provider with around 200 clinics in Florida, Arizona, Texas, North Carolina, and California. It provides a broad range of acute/episodic, preventive, and occupational healthcare under three brands: FastMed, CareSpot, and MedPost. It addresses a wide spectrum of urgent care, family, and sports medicine needs. In addition to providing immediate walk-in attention for injuries or illness, it provides routine services, including labs & X-rays, vaccines, school or sports physicals, and occupational medicine.

• Ascension - Ascension is a nonprofit Catholic healthcare company. It is a leading voice for Catholic healthcare and an advocate among Catholic healthcare organizations. The system operates over 2,600 care sites, including 139 hospitals and over 39 senior living facilities in 19 states and the District of Columbia. It provides various services, including clinical & network services, investment management, venture capital investing, facilities management, biomedical engineering, risk management, and contracting through its group purchasing organization

• Aurora Health Care - Aurora is an integrated, nonprofit healthcare provider serving eastern Wisconsin & northern Illinois communities. The organization has 16 hospitals, more than 150 clinics, and 70 pharmacies in 30 communities. This health system was formed due to the merger between Illinois-based Advocate Health Care and Aurora Health Care, based in Wisconsin.

• CityMD (Summit Health Management, LLC) - CityMD is a healthcare company that offers comprehensive, quality medical services in New York & New Jersey. The company operates over 150 urgent care centers in New York & New Jersey and is one of the largest urgent care companies in the New York metro area. In November 2022, CityMD merged with the Summit Medical Group.

Value chain-based sizing & forecasting

Supply Side Estimates

• Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

• Segment revenue determination via variable analysis and penetration modeling.

• Competitive benchmarking to identify market leaders and their collective revenue shares.

• Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

• Identifying parent markets and ancillary markets

• Segment penetration analysis to obtain pertinent

• revenue/volume

• Heuristic forecasting with the help of subject matter experts

• Forecasting via variable analysis

U.S. Urgent Care Centers Market Report Objectives:

• Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

• Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

• Understanding market estimates and forecasts (with the base year as 2022, historic information from 2018 to 2021, and forecast from 2023 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

U.S. Urgent Care Centers Market Report Assumptions:

• The report provides market value for the base year 2022 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

• The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

• We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

• All market estimates and forecasts have been validated through primary interviews with the key industry participants.

• Inflation has not been accounted for to estimate and forecast the market.

• Numbers may not add up due to rounding off.

• Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

• Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

• Latin America includes Central American countries and the South American continent

• Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

• Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

• Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.