Urgent Care Market of US to reach USD18.8 billion by 2018 | An Aranca Infographic
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©2014 Aranca. All Rights Reserved. www.aranca.com If you wish to reproduce or use this infographic in any format, please email us at [email protected] Compiled by: Priyanka Kulkarni Aranca’s Views The unique operating model of urgent care centers and service offerings (such as extended hour access for patients with acute illness and injury care which is either beyond the scope or availability of the typical primary care practice) are likely to be the key factors driving popularity of urgent care centers. Urgent Care Market in the US Gaining Ground! Favorable demographics, regulatory framework and a growing support from private insurers are driving urgent care market in the US. Urgent Care Market in the US 2008–18 (USD Billion) 2008 2010 2012 2014E 2016E 2018E The Patient Protection and Affordable Care Act (PPACA) is expected to add 32 million individuals by 2019, thus driving demand for urgent care services. 11.1 12.3 13.7 13.0 17.0 18.8 Growth in Urgent Care Centers in the US, 2012–19 CAGR (2008–18): 5.4% 2012 2019E ~9,000 ~15,000 CAGR: 7.57% Favorable demographic trends would drive growth in urgent care patient volume. Between 2005 to 2025, the population of individuals over the age of 65 is expected to double to approximately 80 million, thus increasing the need for healthcare services. Urgent Care Physicians by Specialties (2012) Family Medicine Emergency Medicine More than one specialty Internal medicine 3% Another specialty 2% Pediatrics only Locations of Urgent Care Centers in the US (2012) Urgent care centers provide ambulatory care for a variety of medical conditions that need prompt attention but are not serious enough to require treatment in an emergency department. Total Urgent Care Centers: 9,000 Rural Urban Suburban 75% 10% 15% Urgent Care Cost Savings Vs. Emergency Care (2012) Expansion of private insurance coverage in the US is a sustainable driver for growth in the urgent care industry, as about 55% of urgent care revenue is currently reimbursed by private insurers. EMERGENCY URGENT CARE USD 130 USD 650 Savings of 80% Source : Urgent Care Association of America, Urgent Care Industry Overview by Harris Williams & Co., Desk Research 48% 30% 10% 8% Note: E refers to Estimated Note: E refers to Estimated
Transcript of Urgent Care Market of US to reach USD18.8 billion by 2018 | An Aranca Infographic
©2014 Aranca. All Rights Reserved. www.aranca.comIf you wish to reproduce or use this infographic in any format, please email us at [email protected]
Compiled by: Priyanka Kulkarni
Aranca’s Views
The unique operating model of urgent care centers and service o�erings (such as extended hour
access for patients with acute illness and injury care which is either beyond the scope or
availability of the typical primary care practice) are likely to be the key factors driving popularity
of urgent care centers.
Urgent Care Market in the US
Gaining Ground!Favorable demographics, regulatory framework and a growing support from private insurers are driving urgent care market in the US.
Urgent Care Market in the US 2008–18 (USD Billion)
2008 2010 2012 2014E 2016E 2018E
The Patient Protection and A�ordable Care Act (PPACA) is expected to add 32 million individuals by 2019, thus driving demand for urgent care services.
11.112.3
13.7 13.0
17.0
18.8
Growth in Urgent Care Centers in the US, 2012–19
CAGR (2008–18): 5.4%
2012 2019E
~9,000
~15,000
CAGR: 7.57%
Favorable demographic trends would drive growth in urgent care patient volume. Between 2005 to 2025, the population of individuals over the age of 65 is expected to double toapproximately 80 million, thus increasing the need for healthcare services.
Urgent Care Physicians by Specialties (2012)
Family MedicineEmergency Medicine
More than one specialty
Internal medicine
3% Another specialty
2%Pediatrics only
Locations of Urgent Care Centers in the US (2012)
Urgent care centers provide ambulatory
care for a variety of medical
conditions that need prompt
attention but are not serious enough
to require treatment
in an emergency department.
Total Urgent Care Centers: 9,000
Rural
Urban Suburban75%
10%
15%
Urgent Care Cost Savings Vs. Emergency Care (2012)
Expansion of private insurance coverage in the US is a sustainabledriver for growth in the urgent care industry, as about 55% of urgent care revenue is currently reimbursed by private insurers.
EMERGENCY
URGENT CARE
USD 130USD 650
Savings of 80%
Source : Urgent Care Association of America, Urgent Care Industry Overview by Harris Williams & Co., Desk Research
48%
30%
10%
8%
Note: E refers to Estimated
Note: E refers to Estimated
