Factors such as the affordable care and reduced wait times provided by urgent care centres, increased investments in urgent care, strategic collaborations between urgent care providers and hospitals, and the growing senior population are all driving growth in the urgent care centre market.

The worldwide urgent care center market is estimated to grow at a CAGR of 4.5 percent from USD 21.0 billion in 2019 to USD 29.8 billion in 2027.

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In 2018, the acute sickness treatment segment is predicted to take the lead in the urgent care centre service market.

The urgent care centre market is divided into five categories based on services: acute sickness treatment, trauma/injury treatment, physical examinations, vaccinations & vaccination, and other services (diagnostics, telemedicine, travel & occupational medicine). The acute sickness treatment category is predicted to hold the greatest share of the market in 2018. The strong rise in this segment can be linked to the rising incidence of influenza-like diseases combined with the availability of urgent care services right away.

In 2018, the corporate-owned urgent care facilities sector is predicted to dominate the market.

The market has been divided into four categories based on ownership: corporate, physician, hospital, and others (joint venture with a hospital, physician & non-physician investors). Single physician owned urgent care centres and multiple physician owned urgent care centres are two types of physician owned urgent care centres. In 2018, the corporate-owned segment is predicted to have the biggest market share. This segment's huge share and rapid expansion can be ascribed to factors such as increased investment in urgent care platforms due to their strong revenue-generating capacity.

During the projected period, North America is expected to dominate the urgent care centre market.

North America will dominate the urgent care centre market in 2018, followed by Europe, Asia Pacific (APAC), and the Rest of the World. In addition, North America is expected to have the greatest CAGR during the forecast period. The rapid expansion in the geriatric population in the US and Canada, the development of speciality urgent care and increasing desire to delve into urgent care in the US, and excessively long healthcare wait times in Canada are all factors contributing to this region's huge share and high growth.
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Key Market Players

The major players operating in the urgent care center market include Concentra (US), MedExpress (US), American Family Care (US), NextCare Holdings (US), and FastMed Urgent Care (US). Other players involved in this market are CityMD (US), CareNow (US), GoHealth Urgent Care (US), HCA Healthcare UK (UK), Columbia Asia Hospitals (India), International SOS (China), and St. Josephs Health Care London (Canada).