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Global Retail Clinics Market Share, Size, Trends, Growth, Analysis, Forecast: By Ownership: Retail, Hospital, Others; By Application: Clinical Chemistry and Immunoassay, Vaccination, Point of Care Diagnostics, Others; By End Use: Stores, Malls, Hospitals, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
Global Retail Clinics Market Outlook
The global retail clinics market attained a value of more than USD 4.22 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 9.80%.
Key Trends in the Market
A retail clinic is a walk-in clinic situated at retail outlets like department stores, grocery stores, supermarkets, and malls. These clinics can be visited without getting an appointment. Thus, such clinics are appropriate for patients who require treatment for minor issues immediately or for people who would rather avoid going through the stresses of getting an appointment at traditional clinics with their physician.
- Retail clinics are making basic care more affordable and accessible, coupled with the rising preference of consumers toward the adoption of retail clinics, the demand is likely to increase. This is anticipated to drive the retail clinics market growth over the coming years.
- The surging prevalence of minor diseases like allergies, colds, and flu, among others, along with increasing healthcare spending and expenditure and the growing focus on healthcare are some of the key aspects expected to fuel the market growth of retail clinics globally.
- With the increasing initiatives by various governments toward healthcare awareness and growing stress on conventional healthcare institutions, demand for retail clinics is likely to push forward during the forecast period.
Market Analysis
Based on ownership, the retail clinics market can be segmented into retail, and hospital, among others. On the basis of application, the market is categorised into clinical chemistry and immunoassay, vaccination, and point of care diagnostics, among others. Based on end use, the market is segmented into stores, malls, and hospitals, among others. The regional markets can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global retail clinics market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
- Walgreen Co.,
- Walmart Inc.
- Rite Aid Corp.
- NextCare
- Bellin Health Systems
- Sutter Health
- Others
Market Share by Ownership
The retail segment is holding robust growth in the retail clinics market share across the globe on account of the growing motivation of retailers to draw customers to their stores. As more customers turn to online shopping modes, retail clinics are an effective way of drawing customers to physical stores. With the increase in the number of retail-owned clinics across the globe, the segment is likely to fuel market growth over the coming years.
Hospitals are also increasingly investing in retail clinics that would lower the pressure on their core facilities. With retail clinics that can diagnose and treat occurrences of disorders and illnesses like infections, sore throat, cough, cold, flu, allergies, and fever, hospitals are free to focus on more emergent and severe conditions.
Market Share by Region
Geographically, the North American region is expected to augment the retail clinics market share on account of the well-established healthcare infrastructure and increase in services available in the region. The United States is projected to lead the market growth in the region on account of the rapidly increasing demand for improved and better medical intervention as people are becoming more aware of the advantages of protective medical care.
In addition, healthcare services tend to be expensive in the United States, with long waiting periods in hospitals and clinics. Thus, a substantial percentage of patients are preferring basic and preventive medical care to cure their medical conditions before turning to more expensive and time-consuming healthcare providers. This has led several retail clinic companies in the United States to expand their services portfolio which is further expected to fuel the market growth of retail clinics in the coming years.
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Competitive Landscape
Walgreen Co. is a leading drugstore chain in the United States in terms of sales. It offers consumers a convenient as well as a multichannel approach to consumer goods and services, along with health and wellness services and cost-effective pharmacies. The services offered by the company facilitate lower costs for payers with better health outcomes.
Walmart Inc. is a leading retail company that specialises in grocery stores, hypermarkets, supermarkets, neighbourhood markets, and department and discount stores. The stores of the company provide health and wellness, grocery and consumable, technology, office, and entertainment, hardlines, apparel, and homecare products at everyday low prices. It also operates warehouse clubs like Sam's Clubs.
Rite Aid Corp is a prominent retail drugstore chain. It sells prescription drugs along with other merchandise like over-the-counter medications, health and beauty aids, personal care items, food and beverages, cosmetics, household items, greeting cards, groceries, seasonal merchandise, and pet care. Its service portfolio involves pharmacy-related solutions, incorporating specialty pharmacy services and fully integrated mail orders.
Other market players include NextCare, Bellin Health Systems, and Sutter Health, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Ownership |
|
| Breakup by Application |
|
| Breakup by End Use |
|
| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Region
7 Industry Opportunities and Challenges
8 Global Retail Clinics Market Analysis
8.1 Key Industry Highlights
8.2 Global Retail Clinics Historical Market (2018-2023)
8.3 Global Retail Clinics Market Forecast (2024-2032)
8.4 Global Retail Clinics Market by Ownership
8.4.1 Retail
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Hospital
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Others
8.5 Global Retail Clinics Market by Application
8.5.1 Clinical Chemistry and Immunoassay
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Vaccination
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Point of Care Diagnostics
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Retail Clinics Market by End Use
8.6.1 Stores
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Malls
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Hospitals
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Others
8.7 Global Retail Clinics Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Walgreen Co.,
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Walmart Inc.
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Rite Aid Corp.
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 NextCare
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Bellin Health Systems
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Sutter Health
11.2.6.1 Company Overview
11.2.6.2 Product Portfolio
11.2.6.3 Demographic Reach and Achievements
11.2.6.4 Certifications
11.2.7 Others
12 Industry Events and Developments
List of Key Figures and Tables
1. Global Retail Clinics Market: Key Industry Highlights, 2017 and 2027
2. Global Retail Clinics Historical Market: Breakup by Ownership (USD Million), 2018-2023
3. Global Retail Clinics Market Forecast: Breakup by Ownership (USD Million), 2024-2032
4. Global Retail Clinics Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Retail Clinics Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Retail Clinics Historical Market: Breakup by End Use (USD Million), 2018-2023
7. Global Retail Clinics Market Forecast: Breakup by End Use (USD Million), 2024-2032
8. Global Retail Clinics Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Retail Clinics Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Retail Clinics Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Retail Clinics Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Retail Clinics Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Retail Clinics Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Retail Clinics Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Retail Clinics Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Retail Clinics Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Retail Clinics Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Retail Clinics Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Retail Clinics Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Retail Clinics Market Structure.
Key Questions Answered in the Report
In 2023, the global market of retail clinics attained a value of more than USD 4.22 billion.
The market is assessed to grow at a CAGR of 9.80% between 2024 and 2032.
The major market drivers are the rising prevalence of minor health conditions and the growing burden on other conventional healthcare institutions.
The key retail clinics market trends include rising healthcare expenditure and spending, and extended wait times for traditional healthcare facilities.
The various ownerships of retail clinics include retail, and hospital, among others.
The various applications of retail clinics include clinical chemistry and immunoassay, vaccination, and point of care diagnostics, among others.
The various end uses of retail clinics include stores, malls, and hospitals, among others.
The major players in the market are Walgreen Co., Walmart Inc., Rite Aid Corp., NextCare, Bellin Health Systems, and Sutter Health, among others.
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