United States Concierge Medicine Market Set to Surge, Projected to Reach US$ 17.97 Billion by 2033 with a 10.32% CAGR

United States Concierge Medicine Market
United States Concierge Medicine Market

The United States concierge medicine market with expected sales reaching a whopping US$ 6.73 billion by 2023 and a US$ 17.97 billion valuation by 2033. The concierge medicine industry, which is expected to expand at a strong compound annual growth rate (CAGR) of 10.32% between 2023 and 2033, is changing the face of healthcare by providing individualized, patient-focused services.

Concierge medicine, sometimes referred to as boutique or retainer medicine, is a revolutionary approach to providing healthcare, providing patients with unmatched access to individualized treatment in a discreet environment. In order to receive complete medical care catered to their specific needs, patients participating in concierge medical clinics pay an out-of-pocket retainer charge.

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Beyond standard primary care, concierge medical practices provide a plethora of additional services, such as house calls, laboratory tests, office visits, care while traveling, specialist referrals, preventative care, routine physicals, and much more. Patients will receive holistic, individualized medical care that is catered to their particular requirements and preferences thanks to this all-encompassing approach to healthcare.

Stakeholders in the healthcare ecosystem are positioned to take use of cutting-edge technologies and cooperative collaborations to improve patient care delivery and improve healthcare outcomes as the concierge medicine market grows.

Key Takeaways:

  • The United States concierge medicine market is expected to reach US$17.97 billion by 2033, reflecting a robust CAGR of 10.32%.
  • Rising demand for personalized healthcare and increased disposable income are driving market growth.
  • Concierge medicine offers patients personalized care, extended access, and a wider range of services.

Shorter wait times, better compensation, and work satisfaction are just a few advantages of concierge medicine, all of which are anticipated to support market expansion. The market may be driven by the aging population and the increased need for healthcare services from concierge medicine.

Key Players:

  • MDVIP
  • Signature MD
  • Crossover Health
  • Specialdocs Consultants, LLC
  • PartnerMD
  • Concierge Consultants & Cardiology
  • Castle Connolly Private Health Partners
  • Peninsula Doctor
  • Cambell Family Medicine
  • Destination Health
  • Priority Physicians, Inc.
  • USA San Diego Health

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Key Segments:

By Specialty:

  • Primary Care
  • Pediatrics
  • Osteopathy
  • Internal Medicine
  • Cardiology
  • Psychiatry
  • Others

By Ownership:

  • Standalone
  • Group

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • Middle East and Africa
  • Europe

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