The U.S. concierge medicine market size was estimated at USD 6.7 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 10.37% from 2024 to 2030. Concierge medical practice refers to a private form of practice where patients are charged an out-of-pocket retainer fee for accessing doctor’s services. This will include services such as office visits, round-the-clock access to physicians, lab tests, house calls, care while traveling, referrals to specialists, preventive care, regular health assessment, and others. Some advantages of concierge medicine are less waiting time, high compensation, and career satisfaction, which are expected to boost market growth. Furthermore, a growing geriatric population and increasing demand for healthcare services are anticipated to drive market growth.
U.S. Concierge Medicine Market Segmentation
Grand View Research has segmented the U.S. concierge medicine market based on specialty, and ownership:
U.S. Concierge Medicine Specialty Outlook (Revenue, USD Million, 2018 - 2030)
• Primary Care
• Pediatrics
• Osteopathy
• Internal Medicine
• Cardiology
• Psychiatry
• Others
U.S. Concierge Medicine Ownership Outlook (Revenue, USD Million, 2018 - 2030)
• Standalone
• Group
Key Companies profiled:
• MDVIP
• Signature MD
• Crossover Health
• Specialdocs Consultants, LLC
• PartnerMD
• Concierge Consultants & Cardiology
• Castle Connolly Private Health Partners
• Peninsula Doctor
• Cambell Family Medicine
• Destination Health
• Priority Physicians, Inc.
• U.S. San Diego Health
Order a free sample PDF of the U.S. Concierge Medicine Market Intelligence Study, published by Grand View Research.
Recent Developments
• In July 2023, Specialdocs Consultants, LLC announced a partnership with 10 physicians to launch its unique personalized care practices across the country. The partnership will strengthen Specialdocs Consultants’s position due to growing demand for concierge medicine.
• For instance, in February 2022, Castle Connolly Private Health Partners (CCPHP) announced a partnership with Banner Health to start the Banner Beyond Program. This program will offer a personalized and convenient member experience in a cutting-edge concierge setting.
