Global In-store Health Clinics Market: Overview
Globally, the demand for in-store health clinics is rising due to the increasing preference for convenient healthcare facilities with additional multiple services. Moreover, increasing cases of communicable diseases and limited access to primary care physician and units has also led to the growth of this market. The in-store health clinics also manage chronic medical conditions such as asthma, hypertension, and high cholesterol. This help people to get immediate medical assistance in times of emergency.
The in-store health clinics are located in retail stores, supermarkets, and pharmacies. The medical services provided in the in-store health clinics include immunization, physiotherapy, diagnostic services, treatment for illness like cold, flu, fever, etc., lab tests such as urinalysis, blood glucose, pregnancy, complete metabolic panel, and other similar services.
The report gives an in-depth analysis of the global in-store health clinics market, covering drivers and restraints. It presents insights into trends and opportunities affecting the growth of the market. Moreover, it provides a detailed study of regions and the key segments that are derived through factual knowledge.
Global In-store Health Clinics Market: Trends and Opportunities
Trends supporting the growth of the in-store health clinics market are rising acute and simple health conditions. The number of women suffering from urinary tract infection or respiratory complications has grown at a large scale. Thus, women with these problems prefer retail health clinics as these clinics assure to maintain confidentiality of their medical condition. In addition to that, low hospital related expenses and reduced transportation cost has fueled the demand in the in-store health clinics market.
Global In-store Health Clinics Market: Geographic Analysis
Key regions analyzed in the in-store health clinics market includes Latin America, North America, Asia Pacific, Europe, and the Middle East and Africa. Among these regions, North America held the maximum share in the market and is followed by Europe. The dominance of these regions can be attributed to rising adoption rate for retail clinics and growing awareness about the same. According to various research articles published in the U.S. states that more than 1 million women are admitted in the hospital due to urinary tract infections. This has resulted in the growth of in-store health clinics where a large percentage of women come to seek medical support.
On the other hand, regions such as Latin America, South East Asia, and the Middle East are expected to offer lucrative growth opportunities for the in-store health clinics market. These growth opportunities can be attributed to growing disposable income in these regions. Moreover, rising awareness about these clinics and high adoption of retail clinics has also fueled the demand in this market.
Global In-store Health Clinics Market: Competitive Landscape
The competitive landscape presented in the report provides an in-depth analysis of the various players operating in the in-store health clinics market. This segment is likely to help the players in taking better decision for now and in future. To mention some of the few leading players in the market are Concentra, Inc., FastMed Urgent Care, NEXtCARE, MinuteClinic (CVS), Doctors Care, Physicians Urgent Care, The Little Clinic, and Target Brands, Inc. These players are making continuous efforts to expand their market reach and are focusing on using advanced technologies and innovation.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.