According to The Insight Partners market research study titled ‘Retail Clinics Market to 2027 – Global Analysis and Forecasts by location, ownership type, application and Geography. The global retail clinics market is expected to reach US$ 8,108.98 Mn in 2027 from US$ 3,408.96 Mn in 2018. The market is estimated to grow with a CAGR of 10.2% from 2019-2027. The report highlights trend prevalent in the global retail clinics market and the factors driving the market along with those that act as challenges to its growth.

Retail owned segment is expected to drive the growth of the global retail clinics market by ownership type segment. According to a new market research study titled ‘‘Retail Clinics Market to 2027 – Global Analysis and Forecasts by location, ownership type, application and Geography.

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The global retail clinics market is expected to reach US$ 8,108.98 Mn in 2027 from US$ 3,408.96 Mn in 2018. The market is estimated to grow with a CAGR of 10.2% from 2019-2027.

The market is likely to grow due to the significant advantage of retail clinics and benefits associated with retails clinics. In addition, the growing healthcare expenditure is likely to have a positive impact on the growth of the market in the coming years.

Retail clinics are a category of the walk-in clinic located in retail stores, supermarkets, and pharmacies that treat uncomplicated minor illnesses and provide preventative health care services. These retail clinics have extended hours, which makes a more comfortable option for patients who work during the day. The majority of the things that can be treated at a traditional facility can also be treated at a retail clinic.

Global the retail clinics market is segmented on the basis of location, ownership type and application. The market based on location segment is classified as stores, malls and others. On the basis of ownership type the market is segmented into retail owned and hospital owned. Based on application the market is classified as clinical chemistry & immunoassay, point of care diagnostics, vaccination and others.

Major players operating in the retail clinics market, The Kroger Co., CVS Health, Rite Aid Corp, Walmart Inc., Walgreens co., Nextcare Holdings, Inc., MedExpress, Doctors care, Bellin Health Systems and Concentra, Inc. among others.

CVS Health, Walgreens co. and The Kroger Co. – Are the Notable Market Players in Retail Clinics Market

The prominent players in the retail clinics market focus on various growth strategies to enroot their presence and garner significant market share across the globe. Some of the notable players in the global retail clinics market include The Kroger Co., CVS Health, Rite Aid Corp, Walmart Inc., Walgreens co., Nextcare Holdings, Inc., MedExpress, Doctors care, Bellin Health Systems and Concentra, Inc. The major market players within recent years have been observed to invest a substantial amount towards the development of new products, acquiring of other players and expansion. This implies a vivid picture of the strategies adopted by the market players to retain their positions and generate increased growth revenue in the retail clinics market. Global leaders in the market have majorly chosen product launches as one of the critical strategies to improve its product lines to offer customer-centric benefit to its end-users and enhance its geographic diversification.

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