PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1798794
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1798794
U.S Concierge Medicine Market Introduction and Overview
According to SPER market research, 'US Concierge Medicine Market Size- By Ownership, By Specialty - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the U.S Concierge Medicine Market is predicted to reach 20.63 billion by 2034 with a CAGR of 10.56%.
A service known as concierge medicine involves a patient paying a medical professional an annual fee. This helps to manage the relationship between a patient and their primary care physician, allowing them to provide better care and more convenient access. It reduces paperwork and bureaucracy by allowing healthcare providers to focus on a small number of patients and provide personalized treatment. There are typically three concierge medicine models: Fee for Care (FFC), Fee for Extra Care (FFEC), and hybrid models.
Restraints: The primary obstacles to the adoption of concierge healthcare services in the United States are their incompatibility with conventional insurance models and the substantial out-of-pocket expenses associated with enrolment. The majority of concierge services are paid for by membership fees, which normally run from $1,500 to over $5,000 per year and are not covered by Medicare or private insurance. For patients with middle- and low-income incomes who already pay expensive premiums for regular insurance, this creates a financial barrier.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Ownership, By Specialty
Regions covered Northeast, Midwest, West, South
Companies Covered MDVIP, Signature MD, Crossover Health, Specialdocs Consultants, LLC, PartnerMD, Concierge Consultants & Cardiology, Castle Connolly Private Health Partners, Peninsula Doctor, Campbell Family Medicine, Destination HealthMDI.
U.S Concierge Medicine Market Segmentation:
By Ownership: Based on the Ownership, U.S Concierge Medicine Market is segmented as; Group, Standalone.
By Specialty: Based on the Specialty, U.S Concierge Medicine Market is segmented as; Primary Care, Internal Medicine, Pediatrics, Cardiology, Osteopathy, Psychiatry, Others.
By Region: This research also includes data Northeast, Midwest, West, South