The global retail clinics market was valued at USD 5.23 Billion in 2024, driven by the increasing number of easily accessible locations like supermarkets and pharmacies across the globe. The market is expected to grow at a CAGR of 8.60% during the forecast period of 2025-2034, with the values likely to reach USD 11.93 Billion by 2034.
Retail Clinics Market Overview
Retail clinics are healthcare facilities located within retail stores, pharmacies, supermarkets, and other accessible retail environments. They provide a range of basic medical services and treatments for common, non-emergency conditions such as minor illnesses and injuries, preventive care, and basic medical tests. Typically staffed by nurse practitioners or physician assistants and physician oversight, these clinics offer qualified medical care. Retail clinics eliminate the need for appointments with their walk-in availability and extended hours and often provide more affordable care compared to traditional healthcare settings. Emphasizing quick, efficient service with shorter wait times, they appeal to patients with busy schedules, complementing primary care by offering accessible, affordable, and timely medical services.
Many retail clinics operate beyond the typical business hours, including weekends, making them accessible to patients with busy schedules. As traditional healthcare costs rise, patients look for more affordable options, boosting the demand for retail clinics. Also, public awareness and acceptance of retail clinics as a viable healthcare option are growing, contributing to market growth. With the increasing initiatives by various governments toward healthcare awareness and growing stress on conventional healthcare institutions, demand for retail clinics is likely to push forward during the forecast period.
Retail Clinics Market Growth Drivers
Convenience and Accessibility Augmenting the Market Growth
Retail clinics are strategically located in easily accessible places like supermarkets, pharmacies, and shopping centers, making healthcare services more convenient for patients. This convenience attracts a wide range of patients who prefer quick and easy access to medical care without the need for appointments. For instance, in March 2023, Walmart Health revealed an expansion of its in-store clinics by partnering with health systems to offer a wider range of services, including lab work, X-rays, and mental health counselling, making comprehensive care more accessible to the community.
Expansion in Technological Advancements to Meet Rising Retail Clinics Market Demand
Technological advancements in retail clinics, such as electronic health records (EHR) and telemedicine are improving the quality of care and operational efficiency. These innovations enable seamless patient information sharing, remote consultations, and better management of patient care. For instance, in October 2022, Rite Aid introduced a new digital health platform that included telehealth services, digital scheduling, and patient health tracking tools, providing patients with technologically advanced options for managing their health and accessing care.
Retail Clinics Market Trends
The market is witnessing several trends and developments to improve the current global scenario. Some of the notable trends are as follows:
Partnerships and Collaborations
One of the major market trends entails retail clinics forming partnerships with larger healthcare systems, increasing their credibility and patient base.
Adoption of Telemedicine Services and EHR
Integration of electronic health records (EHR) and telemedicine services in retail clinics is enhancing patient care and operational efficiency.
Expansion of Services
Retail clinics are expanding their service offerings beyond basic care to include preventive services, chronic disease management, and vaccinations. This is expected to boost the market value significantly in the forecast period.
Growing Aging Population Base
The growing elderly population, which requires frequent medical attention, is driving the demand for accessible and convenient healthcare services provided by retail clinics.
Retail Clinics Market Segmentation
Retail Clinics Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Ownership
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook