Report Scope of the Concierge Medicine Market Increasing rapid traction among high-income consumers due to their rising affordability to acquire such luxurious and private medical care that resulting driving the growth of the market. The rising popularity of personalized and effective care services is expected to boost the growth of the concierge medicine market. This is a major driving factor that helped the growth of the concierge medicine market. This resulted in an increased volume of patients leading to physician burnout, misdiagnosis, patient dissatisfaction, and restricted access to primary care facilities. Moreover, healthcare insurance companies forced health providers to consult more patients at lower margins. In this business, patients are required to pay their fees on an annual and monthly basis in exchange for which doctors agree to deliver or help to improve care and dedicate themselves to care for only a limited number of patients. Concierge medicine is a developing business model in the healthcare industry which is mostly focused on making a connection between the healthcare provider and patient. The concierge medicine concept is appealing to both primary care physicians and their patients. North America region hit highest revenue share 42.3% in 2021.Ĭoncierge medicine is also called boutique medicine, platinum practice, concierge care, retainer-based medicine, and direct primary care.The standalone segment is growing at a CAGR of 5.4% from 2022 to 2030.
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