JERSEY CITY, NJ† May 13, 2022 /PRNewswire/ — InsightAce Analytic Pvt. Ltd. announces the publication of a market assessment report on: “The US and European Concierge Medicine Market (Type (Independent Concierge Physician, Network Connected Concierge Physician), Areas of Specialization (Primary Care, Internal Medicine, Osteopathic Medicine, Cardiology, Pediatrics, and Others)) – Technology Trends, Market Analysis, Competitive Analysis, Revenue, and Forecast through 2030 .”
According to the latest market research report from InsightAce Analytic, the US and European Concierge Medicine market size was valued at US$ 8.13 billion in 2021, and it is expected to reach US$22.23 billion a promising CAGR of 10.02% in 2030 from 2022 to 2030.
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Concierge medicine is a relatively modern trend in the United States’ health care system, primarily intended and performed by primary care physicians to provide full treatment in a timely manner. Concierge medicine, also known as ‘private medicine’, is an alternative to standard medical procedures aimed at better meeting the needs of patients and physicians. Primarily used in internal medicine, these subscription-based business models serve as a lifeline for both chronic disease patients and physicians.
The market for concierge medicines is still modest compared to conventional treatment methods. However, in recent years, these types of services have seen steady growth. An important trend driving the GP market is the need for high-quality patient care. The shift to value-based healthcare in many countries is the rising demand for primary care physicians. The emergence of telemedicine companies is also expected to drive market growth in the near future.
Concierge medicine has improved efficiency by providing easy access to health services and better management of chronic diseases. The rise of the market can be attributed to the shorter waiting times, transparency and high quality treatment of these facilities. In addition, easy access to these facilities is one of the key elements driving the expansion of the market. Market growth is expected to accelerate as the number of patients requiring specialist treatment grows. Concierge medical services see an increase in membership due to Covid-19. The pandemic has changed the landscape of patient care in a way that traditional hospitals and healthcare practices are finding it difficult to adapt.
The US accounted for the highest share of revenue in 2021. The healthcare sector in the United States is huge and will only become more prominent as the population grows. Many companies and healthcare organizations work together to improve patient happiness and the quality of treatment. In addition, to maintain a presence in this rapidly growing market, companies have expanded their operations by upgrading existing facilities across the country.
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Major players in the Concierge Medicine market are Frisco Concierge Medicine, Sollis Health, Elysium Medical, Inc., Longeviti Health, Included Health, Northwest Community Healthcare, Elm Place Medical Group, MD2 International, Concierge Home Integrative Care, GoForward, Inc, WorldClinic, 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., US San Diego Health, Garner Health Technology , Inc., Risalto Health Inc., HeyRenee, The Perfect Companion, Inc., Upstate Concierge Medicine, SM Concierge Medicine, United Concierge Medicine, Sutter Health, Penn Personalized Care, Spectrum Health, Transcarent, Concierge Medicine Europe, Mediconcierge srl , Macbeth International, European Wellness Retreat, Swiss Medical Gate, HCA Concierge Centre, Concierge Choice UK, eedoo health concierge and others re celebrities Player.
In January 2022† HeyRenee raised $4.4 million in a seed round led by Quiet Capital, with participation from City Light Capital, Fika Ventures, Global Founders Capital, Mucker Capital, SaaS Ventures and Tau Ventures. HeyRenee aims to be the first open platform that seamlessly creates the optimal mix of services for each patient’s specific needs and then helps them through a simple, interactive daily plan.
In January 2022† Sollis Health announced its Series A investment round, led by Torch Capital and Denali Growth Partners. Sollis will be able to expand its unique brand of medical treatment to more patients, both in established cities such as: New York† The Angelsand Miami†palm tree beach and in new markets such as: San Franciscoby this financing.
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US and European Concierge Medicine Market Size (US$Million Value) and Forecasting and Trend Analysis, 2022 to 2030 Based on Type
US and European Concierge Medicine Market Size (US$Million Value) and Forecasting and Trend Analysis, 2022 to 2030 Based on Specialties
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Major Investments, Mergers & Acquisitions in US & Europe Concierge Medicine Market Industry
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