Japan Urgent Care Center Market Analysis

Japan Urgent Care Center Market Executive Summary

Japan Urgent Care Center Market is valued at around $1.53 Bn in 2022 and is projected to reach $2.4 Bn by 2030, exhibiting a CAGR of 5.8% during the forecast period 2023-2030.

Urgent Care Center Market refers to the market for healthcare facilities that provide treatment or medical care for injuries and sicknesses that require immediate attention but are not life-threatening. However, any delay in these treatments can affect to health of the patient or lead to disability. It is affordable and has a shorter waiting time compared to hospitals or other healthcare facilities.

The increasing prevalence of chronic diseases and road accidents has contributed to the growth of the global market for urgent care centers in recent years. Increasing demand for more affordable, convenient, and effective medical care or treatment has led to the global market for urgent care centers. They provide access to quality care services to patients.

There are many global players in the market of Urgent Care centers but Concentra, Inc.; American Family Care; CityMD Urgent Care; MedExpress Urgent Care; NextCare Urgent Care; Tenet Health Urgent Care; FastMed Urgent Care; Ascension Health Urgent Care; WellNow Urgent Care; Sutter Health; Aurora Urgent Care; and Intuitive Health are major players.

Demand for urgent care facilities is projected to increase in the younger population in the coming years. The elderly population is gradually shifting towards urgent care centers as it is affordable, convenient, and less time-consuming compared to other healthcare facilities. Urgent care centers are focusing on ground floor locations for easy access, streamlined appointment procedures, and a patient-centric approach. It is attributed to driving the Market for Urgent Care Centers.

Cost efficiency, the aging population, and investments in the healthcare sector are projected to fuel the market for Urgent Care centers in coming years. The market still has many challenges including patient preference, the limited scope of services, retention and recruitment of skilled surgeons, regulatory compliances, and increasing market competition. 

Market Dynamics

Drivers of Japan Urgent Care Center Market

Increasing Need for Accessible Healthcare Services: People are turning towards more accessible healthcare facilities for shorter waiting times and timely medical care or treatment. Urgent care facilities are a practical substitute for hospitals and other healthcare facilities to get proper medical care during emergency situations when conditions are not life-threatening. 

Cost-Effective: Urgent care centers are more affordable than hospital facilities or emergency rooms. Healthcare cost is increasing with time and people try to balance it with a more affordable and viable substitute. It is increasing demand for the urgent care center market.

Technological Advancement: There has been continuous advancements and new developments in the healthcare sector which has increased the demand for urgent care center. Telemedicine has boosted market demand as it allows patients to receive remote medical consultations with healthcare specialists from urgent care centers.

Focus on Preventive Care: Urgent care centers are focusing on vaccination, regular health checkups, and health screenings. With preventive care services urgent care centers are expanding their services and it has boosted the growth of the Urgent Care Center Market.

Partnerships and Consolidation: Hospitals, healthcare systems, and physicians’ groups are establishing an Urgent Care center to expand their services. It will improve healthcare infrastructure and better integration of care across the continuum.   

Restraints of Japan Urgent Care Center Market

Patient Preference: Lack of awareness about Urgent Care centers and some patients prefer treatment in hospitals because of reservations in their minds, are affecting the growth of the Urgent Care center market. Hospitals have a wide range of services and facilities while urgent care centers have limits in services.

Limited Scope of Services: Urgent care centers provide immediate care for non-life-threatening conditions but it does not provide services to complex or critical cases because of a lack of specialized instruments and devices. For these conditions, patients have to be referred to hospitals or advanced healthcare facilities. It can hamper the growth of the Urgent Care Center Market.

Market Competition: Hospitals and healthcare systems are entering the market which is making it more competitive. Urgent Care centers need to differentiate themselves from other competitors by providing quality services, maintaining patient satisfaction rates, and building relationships with physicians and insurance companies to stay in the market.

Physician Recruitment and Retention: Urgent Care centers require skilled physicians, qualified nursing staff, and physician assistants for the treatment of patients. Hospitals and Urgent Care centers have an intense competition to attract and retain physicians. Work-life balance, compensation, and professional autonomy are the factors that play a major role in physicians’ retention and recruitment. Continuously looking out for these factors is challenging for Urgent Care centers.

Adapting to Changing Healthcare Policies: healthcare policies and regulations change for the Urgent Care market and adaptation to change is a challenge that can affect the market demand for Urgent Care centers.