United States Concierge Medicine Market Poised for Rapid Growth, Expected to Reach USD 17.97 Billion by 2033 at a 10.32% of CAGR

United States Concierge Medicine
United States Concierge Medicine Market

The United States concierge medicine market is on track for remarkable expansion, with market valuation predicted to reach USD 17.97 billion by 2033. According to recent projections, the industry is set to grow at an impressive compound annual growth rate (CAGR) of 10.32% from 2023 to 2033. By the end of 2023, sales in the U.S. concierge medicine market are expected to hit USD 6.73 billion.

This substantial growth is driven by increasing demand for personalized healthcare services, a growing focus on preventive care, and the rising number of high-net-worth individuals seeking bespoke medical care.

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Concierge medical clinics offer a wide range of extra services in addition to basic care, including routine physicals, preventative care, house calls, laboratory testing, office visits, care while abroad, and much more. This comprehensive approach to healthcare will enable patients to obtain personalized, holistic care that is tailored to their unique needs and preferences.

As the market for concierge medicine grows, stakeholders in the healthcare ecosystem will be well-positioned to leverage innovative technology and collaborative efforts to enhance patient care delivery and improve healthcare outcomes.

Key Takeaways:

  • Market Size: The United States concierge medicine market is projected to be worth US$ 6.73 billion by the end of 2023.
  • Growth Rate: The industry is anticipated to thrive at a CAGR of 10.32% from 2023 to 2033.
  • Future Valuation: By 2033, the market is expected to reach a valuation of US$ 17.97 billion.
  • Driving Factors: Key drivers include the increasing demand for personalized healthcare services, an emphasis on preventive care, and the rising number of affluent individuals seeking customized medical care.

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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