Market Overview:
The global concierge medicine market size reached USD 18.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 49.4 Billion by 2033, exhibiting a growth rate (CAGR) of 11.66% during 2025-2033. The surging prevalence of different medical conditions, rising preference for personalized medicines, and the growing demand for mobile health (m-Health) services represent some of the key factors driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2024
|
Forecast Years
|
2025-2033
|
Historical Years
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2019-2024
|
Market Size in 2024
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USD 18.3 Billion |
Market Forecast in 2033
|
USD 49.4 Billion |
Market Growth Rate 2025-2033 |
11.66% |
Concierge medicine, also known as retainer medicine, is a healthcare delivery model that provides patients with personalized and individualized medical care. It involves a retainer fee on a monthly or annual basis, which patients pay to receive a higher level of service and attention from the healthcare professional. It offers preventive care, lifestyle management, ongoing monitoring of chronic conditions, physical examination, and laboratory tests. It aids in improving health outcomes, minimizing hospitalization visits, and encouraging patients and healthcare professionals to make informed decisions. It also creates a personalized care plan that is designed to help patients achieve their health goals.
Concierge Medicine Market Trends:
The surging prevalence of severe medical conditions, such as heart stroke, hypertension, diabetes, cancer, asthma, arthritis, and cardiovascular diseases, among the masses represents one of the major factors driving the demand for concierge medicine around the world. Moreover, the increasing aging population, which is more prone to different chronic diseases and the rising preference for personalized medicines is favoring the growth of the market. In addition, the growing need for remote patient monitoring (RPM) solutions and the increasing demand for mobile health (m-Health) services to treat diseases remotely is influencing the market positively. It can also be attributed to rapid digitization, considerable reliance on smartphones, rising penetration of the high-speed internet, and improving income levels of individuals. Apart from this, the advent of wearable devices, such as fitness trackers, fitness bands, and smartwatches that allow patients to track their health and wellness metrics, is contributing to the market growth. These wearable devices can also be connected with m-health applications and help healthcare professionals to monitor and collect patient data in real time and make more informed decisions about their health. Furthermore, there is an increase in the integration of artificial intelligence (AI), machine learning (ML), and electronic health record (EHR) systems in the healthcare technology to identify and predict diseases and provide personalized and accurate assumptions and treatment methods based on the history of patients. This, coupled with the advent of genetic testing that allows physicians to identify specific genetic predispositions and help them in tailoring the prevention strategies for the patients, is propelling the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global concierge medicine market, along with forecasts at the global, regional, and country levels from 2025-2033. Our report has categorized the market based on services, ownership, and application.
Services Insights:
- 24x7 Physician Access
- Specialist Consultation
- Lab Tests
- Travel Care
- Regular Checkups
The report has provided a detailed breakup and analysis of the concierge medicine market based on the services. This includes 24x7 physician access, specialist consultation, lab tests, travel care, and regular checkups. According to the report, 24x7 physician access represented the largest segment.
Ownership Insights:
A detailed breakup and analysis of the concierge medicine market based on the ownership has also been provided in the report. This includes independent and group. According to the report, group accounted for the largest market share.
Application Insights:
- Primary Care
- Cardiology
- Pediatrics
- Psychiatry
- Internal Care
- Others
The report has provided a detailed breakup and analysis of the concierge medicine market based on the application. This includes primary care, cardiology, pediatrics, psychiatry, internal care, and others. According to the report, primary care represented the largest segment.
Regional Insights:
- North America
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Latin America
- Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for concierge medicine. Some of the factors driving the North America concierge medicine market included the increasing awareness about the benefits associated with concierge medicine, rising need for customized health plans, surging geriatric population, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global concierge medicine market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Campbell Family Medicine, Castle Connolly Private Health Partners LLC, Concierge Consultants & Cardiology, MDVIP, PartnerMD, Peninsula Doctor, Priority Physicians Inc., Signature Md Inc., Specialdocs Consultants LLC, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2024 |
Historical Period |
2019-2024 |
Forecast Period |
2025-2033 |
Units |
Billion USD |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Services
- Ownership
- Application
- Region
|
Services Covered |
24x7 Physician Access, Specialist Consultation, Lab Tests, Travel Care, Regular Checkups |
Ownerships Covered |
Independent, Group |
Applications Covered |
Primary Care, Cardiology, Pediatrics, Psychiatry, Internal Care, Others |
Regions Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
Campbell Family Medicine, Castle Connolly Private Health Partners LLC, Concierge Consultants & Cardiology, MDVIP, PartnerMD, Peninsula Doctor, Priority Physicians Inc., Signature Md Inc., Specialdocs Consultants LLC, etc. |
Customization Scope |
10% Free Customization |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global concierge medicine market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global concierge medicine market?
- What is the impact of each driver, restraint, and opportunity on the global concierge medicine market?
- What are the key regional markets?
- Which countries represent the most attractive concierge medicine market?
- What is the breakup of the market based on the services?
- Which is the most attractive services in the concierge medicine market?
- What is the breakup of the market based on the ownership?
- Which is the most attractive ownership in the concierge medicine market?
- What is the breakup of the market based on the application?
- Which is the most attractive application in the concierge medicine market?
- What is the competitive structure of the global concierge medicine market?
- Who are the key players/companies in the global concierge medicine market?
Key Benefits for Stakeholders:
- IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the concierge medicine market from 2019-2033.
- The research study provides the latest information on the market drivers, challenges, and opportunities in the global concierge medicine market.
- The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the concierge medicine industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.