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U.S. Concierge Medicine Market by Ownership (Standalone, Group), by Specialty (Primary care, Pediatrics, Osteopathy, Internal medicine, Cardiology, Psychiatry, Other specialties), by U.S. Forecast 2025-2033
The size of the U.S. Concierge Medicine market was valued at USD XXX Billion in 2023 and is projected to reach USD XXX Billion by 2032, with an expected CAGR of 9.3% during the forecast period.Concierge medicine, or retainer medicine, is a type of healthcare model whereby patients pay an annual or monthly membership fee for more enriched medical services. This fee generally encompasses a lot of services which go beyond traditional healthcare to include increased access to the physician, elongated appointment times, same-day or even next-day appointments, availability after hours, among other things, and individually tailored care plans. Concierge medicine is designed to offer a more patient-centered and convenient healthcare experience, especially for those seeking greater accessibility and personalized attention from their physicians.
The market is moderately concentrated, with a few major players holding significant market share. Key players include Castle Connolly Private Health Partners, Concierge Choice Physicians, Crossover Health, MDVIP, One Medical Services, PartnerMD, Peninsula Doctor, Privia Health, Priority Physicians, Inc., SignatureMD, Specialdocs Consultants, LLC., and UC San Diego Health.
The rising prevalence of chronic diseases, increasing healthcare costs, and the growing adoption of value-based healthcare models drive the market growth. The integration of technology into concierge medicine services, such as telemedicine and personalized health apps, enhances patient convenience and access to care. Collaboration between concierge medical providers and health insurers is also emerging, offering integrated and cost-effective healthcare solutions.
Primary care is the dominant specialty segment, accounting for the majority of the market share due to its focus on preventive care and management of chronic conditions. Standalone ownership models are more prevalent, as they provide greater autonomy and control. California, Florida, Texas, and New York are key regions with high concentrations of concierge medicine practices due to their affluent populations and favorable regulatory environments.
The report provides comprehensive coverage of the market, including market size, growth, trends, competitive landscape, and key industry insights. It offers granular analysis of segments, geographical regions, and product offerings within the concierge medicine market.
The market is expected to witness steady growth over the forecast period. Growing awareness about personalized healthcare, favorable government initiatives, and technological advancements will drive its expansion. However, high costs and limited accessibility may pose challenges.
1. Ownership
2. Specialty
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 9.3% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
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