Last Updated: 29 May 2025
Source: Statifacts
The U.S. concierge medicine market size was estimated at USD 8.14 billion in 2024 and is projected to be worth around USD 17.16 billion by 2034, growing at a CAGR of 7.58% from 2025 to 2034.
Industry Worth | Details |
Market Size in 2025 | USD 8.65 Billion |
Market Size by 2034 | USD 17.16 Billion |
Market Growth Rate from 2025 to 2034 | CAGR of 7.58% |
Concierge medicine is also known as retainer medicine, is a relationship between a patient and a primary care physician in which the patient pays an annual fee or retainer. Concierge doctors offer their services to patients directly in exchange for an upfront fee, generally paid monthly. A concierge medical practice provides direct access and personalized care to patients. In the United States, the concierge medicine market witnessed significant growth is driven by rising demand for personalized healthcare services, shortage of primary care physicians, and increasing demand for concierge medicine among physicians.
The U.S. concierge medicine market includes a wide range of applications across many industries, including personalized care, mobile imaging, lab tests, personalized attention, coordination of care, same-day appointments, and preventive care. It is a unique healthcare option providing premium care from a specialized team of physicians.
Lack of health insurance coverage: Insurance is our financial plan’s safety net; having the right insurance at the right amount protects us and our family from unforeseen events and provides a baseline financial cushion. Lacking health insurance for longer periods increases the risk of inadequate care for this condition and can lead to uncontrolled blood sugar levels.
High initial investment: High initial investment disadvantages include potential for reduced flexibility, higher upfront costs, and increased risk if the investment does not pay off. In addition, some businesses may struggle to secure funding for such large investments, which can limit their growth potential.
Expansion of telemedicine service: With telemedicine, we don’t have to visit a clinic or a doctor’s office, park, walk, or sit in a waiting room when we are sick. There is a group of patients who benefit from telehealth, including elderly patients, rural patients, pediatric patients, and their families. It helps to avoid periods of illness, improve their quality of life, live independently, and maintain and improve their health and well-being.
Published by Kesiya Chacko
Stats ID: | 8352 |
Format: | Databook |
Published: | May 2025 |
Delivery: | Immediate |
Last Updated: 29 May 2025
Source: Statifacts
Last Updated: 29 May 2025
Source: Statifacts
Subsegment | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | 2034 |
---|---|---|---|---|---|---|---|---|---|---|---|
In-Person Care | 4,457.96 | 4,721.64 | 5,016.52 | 5,346.39 | 5,715.60 | 6,129.19 | 6,592.95 | 7,113.57 | 7,698.79 | 8,357.58 | 9,100.34 |
Virtual Care | 2,073.92 | 2,216.67 | 2,376.57 | 2,555.86 | 2,757.14 | 2,983.38 | 3,238.05 | 3,525.18 | 3,849.42 | 4,216.22 | 4,631.93 |
Hybrid Care | 1,607.92 | 1,710.37 | 1,825.03 | 1,953.44 | 2,097.40 | 2,258.93 | 2,440.43 | 2,644.62 | 2,874.70 | 3,134.36 | 3,427.89 |
Last Updated: 29 May 2025
Source: Statifacts
Stats ID: | 8352 |
Format: | Databook |
Published: | May 2025 |
Delivery: | Immediate |
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