The United States Concierge Medicine Market is expected to be valued US$ 17.97 billion by 2033. Between 2023 and 2033, the Concierge Medicine sector is predicted to grow at a CAGR of 10.32%. Concierge Medicine sales in the United States are expected to reach US$ 6.73 billion by 2023.
A concierge medical practise is a private practise in which patients pay an out-of-pocket retainer fee to use the doctor's services. Office visits, 24-hour access to physicians, lab testing, house calls, treatment while travelling, referrals to specialists, preventive care, regular health exams, and other services are all options.
Shorter wait times, higher income, and work satisfaction are just a few of the advantages of Concierge Medicine, all of which are predicted to boost industry growth. The increased desire for Concierge Medicine and the growing senior population may drive the industry.
Rising chronic diseases, an ageing population, physician shortages, and long wait times for doctor visits are driving market expansion. Concierge Medicine's benefits, such as lengthier doctor visits, customised care, preventive care, and fewer hospitalisations, drive up demand.
The concierge medical business will expand as high-income groups become more aware of the benefits of Concierge Medicine. Physician stress is a major issue in the acceptability of the retainer care model.
According to the Medscape National Physician Burnout Suicide Report survey, 42% of doctors were burned out in 2020.
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
