Polyclinics Market to Grow with Impressive CAGR During the Forecast Period
Global Polyclinics
Market is driven by increasing instances of lifestyle & infectious diseases
in the forecast period, 2023-2027.
According to TechSci Research report, “Polyclinics
Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027”, the global polyclinics market has a potential to project an impressive
CAGR toward forces growth in the period, 2023-2027, on the account of increasing
number of patients requiring outpatient medical care. Moreover, increasing
geriatric population is also driving the growth of the global polyclinic market
in the upcoming five years.
Geriatric population is more susceptible to infectious diseases and
chronic diseases due to weak immune system thus supporting the growth of the
global polyclinics market in the next five years. Also, increasing instances of
infectious and chronic diseases is aiding the growth of the global polyclinics
market in the future five years. Additionally, increasing number of cancer
patients and their requirement for prolong chemotherapy and radiotherapy as an
outpatient service from the hospital, is also substantiating the growth of the
global polyclinics market in the forecast years until, 2027.
Additionally, government initiatives and financial aids to the
construction and functioning of polyclinics is further supporting the growth of
the global polyclinics market in the forecast period. Furthermore, increasing
lifestyle diseases and demand from the population to monitor and control the
treatment process on a regular basis is expected to aid the growth of the global
polyclinics market in the consecutive five years.
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The global polyclinics market segmentation is based
on type, services, therapy area, regional distribution, and competitive
landscape. Based on type the market is fragmented into large scale polyclinic
and express clinic. Large scale polyclinics are anticipated to hold the largest
revenue shares of the market and dominate the market segment in the upcoming
five years on the account of availability of the multiple services under one
roof.
Also, the possibility of achieving outpatient
services in a large scale polyclinic is more preferential for prolonged
requirement of services thus driving the growth of the sub-segment as well as
the growth of the global polyclinics market in the next five years. Express
clinics are also expected to register significant growth in revenue in future
five years on the grounds of increasing demand for the rapid diagnosis and
treatment among the population. Also, to provide healthcare facilities to
homeless population, and poor population is also aiding to the growth of the
express clinics that provide such services thereby driving the growth of the
global polyclinic market in the forecast years, until 2027.
On the basis of services, the market is
sub-segmented into diagnostic, consultation, and treatment. Diagnostic services
are anticipated to dominate the market segment in the upcoming five years while
generating maximum revenue shares. The growth can be attributed to the
increasing demand for the early diagnosis among the population. Also, to
decrease the overcrowding of the population in the hospitals & clinics for
diagnostic purpose the patients are influenced toward polyclinics and thus
driving the growth of the global polyclinic market in the next five years.
Consultation services are expected to generate
significant growth in the future five years on the grounds of increasing
patient preferences toward polyclinics for consultations. The polyclinics have
multiple physicians at one center and thus multiple consultations are possible.
Also, increasing demand for general and regular checkups for monitoring health
among the health conscious population is also aiding the growth of the global
polyclinics market in the forecast years.
Market segmentation based on therapy are bifurcates
into gynecology & obstetrics, general & sports physiotherapy,
dermatology, psychiatry, orthopedics, infertility, and others.
Some of the market players, dominating the global market are:
·
Optum Inc.
·
MCI Onehealth Technologies Inc.
·
Georgia Healthcare Group PLC
·
Centro Diagnostico Italiano (Bracco)
·
Fresenius SE & Co. KGaA
·
Polyclinic Medical Center, Inc.
·
Hindustan Health Care
·
Asthma Allergy Clinic (Sidhi Polyclinic)
The existing market players
are highly invested in research and product development along with viable
service provisions for the consumers. New market entrants may follow similar
strategies along with merger and acquisition methods for future brand
establishment.
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“Asia Pacific region is anticipated to register a robust growth
in the future five years on the grounds of increasing number of polyclinics in
the Asian countries like Singapore, India, Thailand, etc. Developing economies
are rapidly increasing number of polyclinics and are investing in their
settlement to mediate the patient count thereby supporting the growth of the
global polyclinics market in the upcoming five years. Also, government is
creating awareness and aggressive promotions by the polyclinics and
non-governmental organizations to influence patient visitation, is also aiding
the growth of the global polyclinics market in the next five years,” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global management
consulting firm.
“Polyclinics
Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027
Segmented
By Type (Large Scale Polyclinic v/s Express Clinic), By Services (Diagnostic,
Consultation, Treatment), By Therapy Area (Gynecology & Obstetrics, General
& Sports Physiotherapy, Dermatology, Psychiatry, Orthopedics, Infertility,
Others), By Region”, has
evaluated the future growth potential of global polyclinics and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in global polyclinics market.
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