Retail clinics are a convenient way for patients to visit a walk-in
health care clinic. These clinics are located inside retail stores
such as supermarkets and department stores. They are sometimes
referred to as convenient care clinics. These clinics offer benefits
similar to that offered by traditional clinics. They are usually
staffed by nurses and physician assistants. Retail clinics provide
medical services such as treatment for flu, cold, dehydration, fever,
cough, diagnostic services, vaccination, laboratory tests,
physiotherapy, and treatment for injuries.
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The first retail clinic was opened in 2001 in Minnesota. Retail
clinics are experiencing a commendable growth due to patient
preference for convenient care options, cost effectiveness, easy
accessibility, and multiple services offered. Furthermore, factors
contributing to the growth of this market are increase in shortage of
primary care physician, growth in health care expenditures, and rise
in incidence rate of communicable diseases.
Also, several retail clinics are providing treatment and management
for chronic diseases such as asthma, diabetes, hypertension, and high
cholesterol disorders. This factor is likely to propel the market
growth during the forecast period. However, retail clinics are a
secondary choice for many patients, which limits customer volume in
these clinics. Low patient population visiting retail clinics and
regulations in some countries are impacting the growth of the retail
clinics market.
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The retail clinics market can be segmented on the basis of location,
types of suppliers, and geography. Based on location, retail clinics
are further segmented into stores, malls, and other retail locations.
Geographically, this market is further divided into North America,
Europe, Asia Pacific, Latin America, and Middle East Asia and Africa.
North America accounted for a significant growth rate due to factors
such as large population base turning toward convenience care,
adoption of electronic medical and chart records, and introduction of
digital tools. According to Centers for Disease Control and
Prevention (CDC), about 18 million adults suffered from asthma in
2012, which was one of the factors that had driven the growth of the
retail clinics market.
South East Asia, Middle East, and Latin America are projected to be
the potential markets in the near future due to higher adoption rate
of retail clinics, rise of disposable income, increase in disease
burden, shortage of physicians, and ease of usage. Star Dental Care,
a U.S. based institute, is aiming to open up retail dental clinics in
India by 2017, which is estimated to enhance the growth of the market
in this country.
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Major players operating in the retail clinics market include Kroger,
Rite Aid, Doctors Care, Clear Balance, CVS Health’s MinuteClinic,
NEXtCARE, RediClinic, Target Brands, Inc., The Little Clinic, U.S.
HealthWorks, Inc., Urgent Care MSO, LLC, and Walgreen Co. Growth of
retail clinics and the companies are related to initiatives aimed at
patient’s satisfaction. With growing experience, companies are
expanding their services and experiment with new methods such as
telemedicine integration, point-of-care technologies, and offering
new services. For example, Minute Clinic (CVS) launched a digital
tool in May 2016 which helped patients to estimate the wait time at
several locations.
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