Global Concierge Medicine Market to Reach US$ 45.8 Billion by 2032, Stimulated by Enhanced Patient-Physician Relationship

September 08, 2023 | Healthcare

According to the latest report by IMARC Group, titled “Concierge Medicine Market Report by Services (24x7 Physician Access, Specialist Consultation, Lab Tests, Travel Care, Regular Checkups), Ownership (Independent, Group), Application (Primary Care, Cardiology, Pediatrics, Psychiatry, Internal Care, and Others), and Region 2024-2032,” the global concierge medicine market size reached US$ 16.3 Billion in 2023. Concierge Medicine, also known as boutique or retainer-based medicine, is a personalized healthcare model that emphasizes direct and enhanced patient-physician relationships. In this approach, individuals or families pay an annual fee to their chosen healthcare provider, granting them exclusive access to a range of medical services and benefits. This arrangement often results in longer appointment times, same-day or next-day appointments, and more comprehensive preventive care. With the growing dissatisfaction toward traditional healthcare systems, concierge medicine offers a more patient-centered approach. Physicians operating within this model typically have a smaller patient panel, allowing them to allocate more time and attention to each individual. Patients can discuss their health concerns in-depth, leading to better diagnoses and tailored treatment plans. Moreover, many concierge practices incorporate wellness and preventive strategies to proactively manage patients' health.

Global Concierge Medicine Market Trends:

Patients are increasingly seeking more personalized and tailored healthcare experiences. Concierge medicine aligns with this demand by offering patients longer appointment times, individualized treatment plans, and greater physician availability. This level of customization resonates with individuals who value comprehensive, one-on-one medical attention. Additionally, the foundation of concierge medicine lies in building strong, trust-based relationships between patients and physicians. This approach fosters better communication and understanding, thus improving diagnosis and treatment outcomes. The close rapport established within this model engenders patient loyalty and satisfaction. Other than this, long waiting times for appointments and limited face-to-face time with physicians have driven patients to seek alternatives that provide faster access to medical attention. Concierge medicine addresses this concern by offering same-day or next-day appointments, reducing the frustration associated with delays. Besides this, concierge medicine often emphasizes preventive care and wellness programs. Physicians in this model have the time to thoroughly assess patients' health, identify risk factors, and develop proactive strategies for maintaining well-being. This preventive focus resonates with health-conscious individuals aiming to avoid future health issues. In line with this, the integration of advanced medical technologies has facilitated remote consultations, telemedicine, and personalized health monitoring. Concierge medicine practices are quick to adopt these innovations, enhancing the overall patient experience and enabling more comprehensive and efficient care. Furthermore, as the global population ages, there is an increased demand for healthcare services. Concierge medicine appeals to older individuals seeking specialized geriatric care and a more supportive healthcare environment. Moreover, the growth of the middle and upper-middle class, particularly in emerging economies, has expanded the consumer base for premium healthcare services. Concierge medicine caters to this affluent demographic seeking high-quality, individualized medical care. Looking forward, the market value is projected to reach US$ 45.8 Billion by 2032, expanding at a CAGR of 12.15% during 2024-2032.

Market Summary:

  • Based on the service, the market has been segmented into 24X7 physician access, specialist consultation, lab tests, travel care, and regular checkups. Currently, 24X7 physician accounts for the largest market share.
  • On the basis of the ownership, the market has been divided into independent and group. Presently, the group holds the majority of the market share.
  • Based on the application, the market has been segregated into primary care, cardiology, pediatrics, psychiatry, internal care, and others. Currently, primary care represents the largest segment.
  • Region-wise, the market has been segmented into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, and others), Middle East and Africa, and Latin America (Brazil, Mexico, and others). Amongst these, North America holds the leading position in the market.
  • The competitive landscape of the market has also been examined, with some of the key players being Campbell Family Medicine, Castle Connolly Private Health Partners LLC, Concierge Consultants & Cardiology, MDVIP, PartnerMD, Peninsula Doctor, Priority Physicians Inc., Signature Md Inc. and Specialdocs Consultants LLC.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
 Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
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
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
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)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

134 N 4th St.
Brooklyn, NY 11249, USA
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Concierge Medicine Market to Reach US$ 45.8 Billion by 2032, Stimulated by Enhanced Patient-Physician Relationship
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More