IMARC Group’s latest report, titled “Concierge Medicine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on the concierge medicine market share. The report also includes competitor and regional analysis, and contemporary advancements in the market. the global concierge medicine market size reached US$ 16.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 45.8 Billion by 2032, exhibiting a growth rate (CAGR) of 12.15% during 2024-2032.
Concierge medicine, or boutique or personalized medicine, is a healthcare model that offers enhanced and individualized medical services to patients who enroll in membership or pay a retainer fee. In this model, patients receive comprehensive and timely medical care, including extended appointment times, same-day or next-day consultations, and direct access to their physicians via phone or email. Concierge medicine aims to foster stronger doctor-patient relationships and prioritize preventive care, leading to more proactive health management.
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the key Players Operating in the Industry:
- Campbell Family Medicine
- Castle Connolly Private Health Partners LLC
- Concierge Consultants Cardiology
- MDVIP
- PartnerMD
- Peninsula Doctor
- Priority Physicians Inc
- Signature Md Inc
- Specialdocs Consultants LLC
Concierge Medicine Market Trends:
The global market is majorly driven by the increasing demand for personalized care. In line with this, the model promotes stronger connections between patients and physicians, significantly contributing to the market demand. Furthermore, timely access to healthcare is positively influencing the market. Apart from this, the rising focus on preventive care and wellness in concierge medicine appeals to individuals seeking proactive health management, catalyzing the market. Moreover, the growing aging population and the escalating healthcare expenditure are propelling the market. Besides, with the increasing burden on traditional healthcare systems, some patients turn to concierge medicine for more personalized and attentive care, thus strengthening the market. Additionally, the advances in telemedicine and digital health have facilitated the delivery of concierge services, making them more accessible and convenient for patients.
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Key Market Segmentation:
Services Insights:
- 24x7 Physician Access
- Specialist Consultation
- Lab Tests
- Travel Care
- Regular Checkups
Ownership Insights:
- Independent
- Group
Application Insights:
- Primary Care
- Cardiology
- Pediatrics
- Psychiatry
- Internal Care
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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IMARC Group is a leading market research compan that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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