Global polyclinics market is anticipated to grow with an impressive CAGR value in the mentioned forecast years 2023-2027 on the account of increasing patient counts, requesting affordable healthcare services. Also, increasing instances of infectious diseases, and urgent requirement of medical care is further driving the growth of the global polyclinics market in the upcoming five years.
Polyclinics are type of clinic or hospital that provide multiple healthcare facilities under one roof. The difference lies in the size of the institution, polyclinics are more than specific specialty clinic since they have multiple facilities, but the institution is smaller than a general hospital in terms of lack of availability of the complicated & multiple level surgical & treatment facilities. Thus, polyclinics are somewhere between clinics & hospitals. In a polyclinic the patient may meet multiple doctors, get the issue diagnosed, and get minor procedures & treatments done. In simpler terms, they are also sometimes referred as mini-hospitals. Multiple physicians like dermatologist, dentist, optometrist, gynecologist, ENT specialist, pediatrician, etc.
Surging Demand For Healthcare Institutions Drive Market Growth
The global population is ever increasing and so is increasing the number of patients. Increasing number of patients requiring medical attention and medical care is driving the growth of the global polyclinics market in the upcoming five years. Also, establishing polyclinics is much more cost-efficient, since the establishment is not as huge as a hospital and often comprises of multiple services providing basic medical attention to the patient, thereby aiding the growth of the global polyclinics market in the next five years.
Moreover, constructing specialty hospitals & general health center in difficult terrains is complicated and difficult. In such cases establishing a polyclinic is much easier and more efficient and thus the number of polyclinics is increasing and thus driving the growth of the global polyclinics market in the upcoming five years.
Mitigation Demands to Manage Patient Count Supports Market Growth
Due to increasing number of patients and disease instances the patient burden on the hospitals have multiplied in recent years. Therefore, polyclinics also help in mitigating patient burden from the hospitals & specialty clinics thus driving the growth of the global polyclinics market in the next five years. Polyclinics include offices of various physicians and thus provides services like basic medical care and some minor surgical procedures too thereby further supporting the growth of the global polyclinics market in the future five years.
The polyclinics are also set up to combine the functions of hospital outpatient department and functions of a general physician office. Many corporate offices and factories have their personalized polyclinics center such that best possible healthcare services can be provided to their employees and factory workers free of cost. Increasing number of polyclinics by initiatives from the corporate offices are further aiding the growth of the global polyclinics market in the upcoming five years.
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Market Segmentation
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. On the basis of services, the market is sub-segmented into diagnostic, consultation, and treatment. Market segmentation based on therapy are bifurcates into gynecology & obstetrics, general & sports physiotherapy, dermatology, psychiatry, orthopedics, infertility, and others.
Company Profile
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), are enlisted in a partial list of major market players of the global polyclinics market. 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.
Attribute | Details |
Base Year | 2021 |
Historical Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | |
Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Brazil, Argentina, Colombia |
Key companies profiled | 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) |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |