Retail Clinics - 2012 Yearbook

GBI Research’s new report, “Retail Clinics - 2012 Yearbook”, provides insights into the US retail clinic market, with coverage of the market landscape, key market trends, market drivers and restraints. The report provides market forecasts for the retail clinic industry until 2018 and the distribution of the retail clinics across the US. The key stakeholders and their issues are also addressed. The report provides an in-depth analysis of the competitive landscape, including the benchmarking of top companies, key trends on mergers and acquisitions, and licensing agreements involving retail clinics.

This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Research’s team of industry experts.

GBI Research’s analysis shows that the retail clinic market is in a growth stage and will reach a phase of maturity during the forecast period. The number of retail clinics in 2011 was 1,355 and is expected to reach 2,854 by 2018. The CAGR for the period 2011–2018 was calculated to be 11.2%. Since their inception in 2000 the retail clinics have grown in many ways. From treating a very limited number of conditions, today they treat a gamut of minor illnesses and also provide other services such as vaccinations, healthcare advices, screenings and diagnostics and many more. In case of payments, they transformed from receiving cash from patients to tie- ups with many insurance companies. The number of retail clinics has also increased from 202 in 2006 to 1,355 in 2011, with a presence in almost every state of the US. In 2006, a body called the Convenient Care Association (CCA) was formed to standardize retail clinics.

Scope

• Detailed market characterization, including market size forecast until 2018.
• Data and analysis on the regulatory landscape of the retail clinic market.
• Data and analysis on the various models followed by the retail clinics and SWOT analysis of the retail clinic industry.
• Analysis and review of the key stakeholders and their views on the retail clinic scenario that will impact the future of the retail clinic market. Each stakeholder is independently researched to provide a qualitative analysis of its implications on the market.
• Insightful review of the key industry drivers, restraints and challenges which are likely to impact the retail clinic market in the long run.
• The report also covers information on the leading market companies and the competitive landscape of the sector. Key companies covered include: MinuteClinic, Take Care Clinic, Walmart, The Little Clinic, Target Clinic, FastCare, RediClinic and Aurora Quick Care.

Reasons to buy

• Develop business strategies by understanding the trends shaping and driving the retail clinic market.
• Drive your company’s revenues by understanding the key trends, innovative products and technologies, market segments and stakeholders likely to impact the retail clinic market in the future.
• Formulate effective sales and marketing strategies through a greater understanding of the competitive landscape and through our analysis of the performance of various competitors.
• Organize your sales and marketing efforts by identifying the market categories and segments that present the best opportunities for consolidations, investments and strategic partnerships.

Table of Contents

1 Table of Contents 5
1.1 List of Tables 7
1.2 List of Figures 7

2 Retail Clinics 2012 - Introduction 8

3 Retail Clinics 2012 - Overview 9
3.1 Overview 9
3.1.1 Key Characteristics of Retail Clinics 10
3.1.2 Differences between Retail Clinic and Regular Clinic 11
3.2 Need for Retail Clinics - Filling the Gap 11
3.2.1 Appointment Wait Time 11
3.2.2 Shortage of Doctors 12

4 Retail Clinics 2012 - Market Overview 13
4.1 Market Size 13
4.2 Geographical Distribution 14
4.3 Retail Clinic Model 16
4.3.1 Different Types of Models 16

5 Retail Clinics 2012 - Market Characterization 18
5.1 Market Drivers 18
5.1.1 Shortage of Doctors 18
5.1.2 Higher Customer Satisfaction 18
5.1.3 Cost Effectiveness 18
5.2 Market Restraints 19
5.2.1 Competition from Primary Care Providers 19
5.2.2 Hiring of Nurse Practitioners 19
5.3 Key Stakeholders 19
5.3.1 Primary Care Providers 20
5.3.2 Nurse Practitioners 20
5.3.3 Employers 20
5.3.4 Health Insurance Policy Makers 20
5.3.5 Patients 21
5.4 SWOT Analysis 22
5.5 Retail Outlets 22
5.5.1 Retail Pharmacy 23
5.5.2 Grocery Stores 23
5.5.3 Mass Merchandiser 23

6 Retail Clinics 2012 - Regulatory Framework 24
6.1 Overview 24
6.2 Convenient Care Association 24
6.2.1 Purpose of CCA 24
6.2.2 CCA Quality and Safety Standards 26

7 Retail Clinics 2012 - Competitive Landscape 28
7.1 Overview 28
7.2 MinuteClinic 29
7.2.1 Overview 29
7.2.2 M&A Deals 30
7.2.3 Partnership Deals 30
7.3 Take Care Clinic 32
7.3.1 Overview 32
7.3.2 M&A Deals 32
7.3.3 Partnership Deals 33
7.4 Walmart 34
7.4.1 Overview 34
7.5 The Little Clinic 35
7.5.1 Overview 35
7.6 Target Clinic 36
7.6.1 Overview 36
7.7 FastCare 37
7.7.1 Overview 37
7.8 RediClinic LLC 38
7.8.1 Overview 38
7.9 Aurora Quick Care 39
7.9.1 Overview 39

8 Retail Clinics 2012 - Future Outlook 40
8.1 Consumer Awareness 40
8.2 Agreements with Employers 40
8.3 Expanding their Scope 41

9 Retail Clinics 2012 - Conclusion 42

10 Retail Clinics 2012 - Appendix 43
10.1 Market Definitions 43
10.2 Abbreviations 43
10.3 Bibliography 43
10.4 Research Methodology 44
10.4.1 Coverage 44
10.4.2 Secondary Research 44
10.4.3 Primary Research 44
10.4.4 Expert Panel Validation 45
10.5 Contact Us 45
10.6 Disclaimer 45

List of Tables

Table 1: Retail Clinics - 2012 Yearbook, Minor Medical Conditions Treated at Retail Clinics 9
Table 2: Retail Clinics 2012, Differences between Retail Clinics and Regular Clinics 11
Table 3: Retail Clinics 2012, Growth Forecasts, 2006-2018 13
Table 4: Retail Clinics 2012, Number of Retail Clinics in States of the US, April 2012 15
Table 5: Retail Clinics 2012, MinuteClinic, Major M&A Deals, 2005-2012 30
Table 6: Retail Clinics 2012, MinuteClinic, Major Partnership Deals, 2005 - 2012 30
Table 7: Retail Clinics 2012, Take Care Clinic, Major M&A Deals, 2005-2012 32
Table 8: Retail Clinics 2012, Take Care Clinic, Major Partnership Deals, 2005 - 2012 33

List of Figures

Figure 1: Retail Clinics 2012, Key Characteristics of Retail Clinics 10
Figure 2: Retail Clinics 2012, Average Wait Time in Metropolitan Cities 11
Figure 3: Retail Clinics 2012, Shortage of Doctors, 2010-2025 12
Figure 4: Retail Clinics 2012, Number of Retail Clinics Forecast - 2006-2018 13
Figure 5: Retail Clinics 2012, Number of Retail Clinics in 20 States of the US, April 2012 14
Figure 6: Retail Clinics 2012, Retail Clinics Models 16
Figure 7: Retail Clinics 2012, Market Drivers and Restraints 18
Figure 8: Retail Clinics 2012, Key Stakeholders 19
Figure 9: Retail Clinics 2012, Key Stakeholders - Patient’s Perspective 21
Figure 10: Retail Clinics 2012, SWOT Analysis 22
Figure 11: Retail Clinics 2012, Retail Clinic Outlets, 2012 22
Figure 12: Retail Clinics 2012, Parameters Related to Retail Clinic Outlets 23
Figure 13: Retail Clinics 2012, Purpose of CCA Clinical Advisory Board 24
Figure 14: Retail Clinics 2012, Quality Assessment by CCA Members 25
Figure 15: Retail Clinics 2012 CCA Quality and Safety Standards, 2012 26
Figure 16: Retail Clinics 2012, Market Share Analysis (%), 2011 28
Figure 17: Retail Clinics 2012, MinuteClinic, Snapshot 29
Figure 18: Retail Clinics 2012, Take Care Clinic, Snapshot 32
Figure 19: Retail Clinics 2012, Walmart Clinic, Snapshot 34
Figure 20: Retail Clinics 2012, The Little Clinic, Snapshot 35
Figure 21: Retail Clinics 2012, Target Clinic, Snapshot 36
Figure 22: Retail Clinics 2012, FastCare Clinic, Snapshot 37
Figure 23: Retail Clinics 2012, RediClinic, Snapshot 38
Figure 24: Retail Clinics 2012, Aurora Quick Clinic, Snapshot 39
Figure 25: Retail Clinics 2012, Emerging Trends 40