January 2025
The global concierge medicine market size is calculated at USD 21.77 billion in 2025 and is forecasted to reach around USD 39.02 billion by 2034, accelerating at a CAGR of 6.70% from 2025 to 2034. The North America concierge medicine market size surpassed USD 8.77 billion in 2024 and is expanding at a CAGR of 6.81% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.
The global concierge medicine market size was estimated at USD 20.40 billion in 2024 and is anticipated to reach around USD 39.02 billion by 2034, growing at a CAGR of 6.70% from 2025 to 2034. The growing popularity if effective and personalized care services are anticipated to surge the demand for concierge medicine market during the forecast period
Artificial Intelligence (AI) is proving itself to be extremely beneficial in the healthcare in the last few years. It has found various applications across the sector. In concierge medicine, AI can be a boon for professionals as well as patients. AI technology combined with machine learning (ML) and internet of things (IoT) can go a long in improving efficiency of concierge medicine. Booking appointments, getting virtual assistance and treatment becomes easier with tools driven by AI technology. Maintaining extensive records and history of the patient can be done in an efficient manner without any human error. Offering customized services like reminders, dosage instruction etc., is possible by utilization of AI based technology. It also provides real-time analysis by analyzing vast amount of data to help make informed decisions. All these factors could boost the concierge medicine market in the coming years.
The U.S. concierge medicine market size was evaluated at USD 6.14 billion in 2024 and is predicted to be worth around USD 1.97 billion by 2034, rising at a CAGR of 6.88% from 2025 to 2034.
Based on the region, North America dominated the global concierge medicine market in 2024. According to the Journal of General Internal Medicine in 2005, there were around 152 retainer physicians in the US, which accounted value of 5,000 to 20,000 retainer physicians in 2019. The rapid surge in the number of retainer physicians in the US has significantly driven the growth of concierge medicine in North America. Moreover, the rising prevalence of obesity, diabetes, cancer and various other psychological disorders in the US is stimulating patients to acquire more personalized services. The increased health consciousness among consumers and increasing demand for personalized healthcare services are boosting the demand for concierge medicine in North America. Further, the presence of several major prominent vendors in the region such as PartnerMD, Crossover Health, and MDVIP are helping to expand their business in this market.
Concierge Consultants & Cardiology, and Signature MD are expected to have a significant contribution to the growth of the North American concierge medicine market in the forthcoming years.
On the other hand, Europe is leading in the market after North America during the forecast period. Europe is expected to witness a rising demand for concierge medicine in the forthcoming years owing to the rising adoption of retainer services among physicians. The rising prevalence of chronic diseases has surged the volume of patients in Europe. The rising adoption of subscription-based healthcare models in Europe due to access to quality healthcare is expected to drive the growth of the Europe concierge medicine market in the forthcoming years.
Concierge medicine is also called boutique medicine, platinum practice, concierge care, retainer-based medicine, and direct primary care. The concierge medicine concept is appealing to both primary care physicians and their patients. Concierge medicine is a developing business model in the healthcare industry which is mostly focused on making a connection between the healthcare provider and patient. In this business, patients are required to pay their fees on an annual and monthly basis in exchange for which doctors agree to deliver or help to improve care and dedicate themselves to care for only a limited number of patients. Moreover, healthcare insurance companies forced health providers to consult more patients at lower margins. This resulted in an increased volume of patients leading to physician burnout, misdiagnosis, patient dissatisfaction, and restricted access to primary care facilities. This is a major driving factor that helped the growth of the concierge medicine market.
The rising popularity of personalized and effective care services is expected to boost the growth of the concierge medicine market. Increasing rapid traction among high-income consumers due to their rising affordability to acquire such luxurious and private medical care that resulting driving the growth of the market.
Report Coverage | Details |
Market Size in 2024 | USD 20.40 Billion |
Market Size by 2034 | USD 39.02 Billion |
Growth Rate from 2024 to 2034 | CAGR of 6.70% |
Largest Market | North America |
Base Year | 2023 |
Forecast Period | 2024 to 2034 |
Segments Covered | Application, Ownership, and Geography |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Rising health concerns
The rising prevalence of chronic diseases, growing geriatric population, shortage of physicians, rapidly increasing volume of patients, and increasing waiting time for getting physicians’ appointments are the major factors that boost the growth of the global concierge medicine market. The benefits of concierge medicine involve increased consultation time with physicians, personalized care, preventive care, and lesser hospitalizations are significantly driving the demand for concierge medicine among the population. The increasing awareness among the high-income groups regarding concierge medicine is expected to augment the growth of the global concierge medicine market.
Shortage of primary care physicians
The shortage of primary care physicians is a major challenge that may constrain market growth. According to the Association of American Medical Colleges, the US may face a shortage of 21,000 to over 55,000 primary care physicians by the year 2032.However, the increased number of patients and the shortage of physicians is resulting in problematic and low-quality services due to the increased pressure on the physicians to cater to a huge volume of patients. Therefore, consumers are encouraged to have personal and convenient consultations with physicians by adopting the subscription-based care model.
Rising demand for personalized healthcare
The demand for personalized healthcare is gaining popularity because it provides convenience, personalized attention by medical professional and no time constrains. Concierge medicine market could find a growth opportunity. Traditional professionals are unable to spend longer duration addressing individual patients’ needs because they have limited time. A concierge doctor can spend longer with the patient understanding the medical history and any specific concerns. The active and open approach of concierge doctors can offer patients a personalized approach to healthcare which takes into consideration their needs as well as convenience. The rising demand for personalized healthcare has promising potential for the growth of the concierge medicine market in the coming years.
Based on the application, the primary care segment dominated the global concierge medicine market in 2023. This is primarily attributed to the increasing adoption of the retainer model among physicians to reduce stress, maintain work-life balance, and more from a smaller pool of patients. The mental and financial benefits to the physicians associated with the adoption of the concierge medicine model have encouraged the growth of the primary care segment. Moreover, the shortage of primary care physicians is stimulating high-income consumers to increasingly adopt concierge medicine to acquire enhanced and convenient primary care services. The pediatrics segment is expected to grow strongly during the forecast period. This is mainly due to the increasing number of specialist pediatrics professionals adopting the retainer model across the globe.
The group segment dominated the global concierge medicine market in 2024 due to the companies with linked physicians, and groups of doctors with their own membership care model creating significant opportunities for this market. Additionally, several physicians integrate their practices with major prominent concierge care companies owing to the transition to a membership model needing extensive advertising, patient communication, and legal compliance is driving the growth of the market. Moreover, in such practices, patients receive with elegant and premium services such as care for visitors, travel care, care coordination, wellness & life coaching programs, VIP medicine with private rooms, enhanced physical examination, and others that result in propelling the growth of the market. Furthermore, increasing patient maintenance, membership renewal rates and rising demand among patients throughout the pandemic are key major factors that boost the segment growth.
Additionally, the segment's expansion is helping to increase the number of concierge medicine experts is one of the major driving factors for this market. Lastly, several individual practitioners turn to membership-based practices owing to increased job satisfaction, high salary and profitability and reduced workload is significantly witnessing positive growth in this segment.
The market is moderately fragmented with the presence of several local companies. The major prominent vendors are attempting to gain higher market share by adopting strategies, such as investments, partnerships, and acquisitions & mergers. The major prominent vendors are investing on the development of improved products or product lunch. Moreover, they are also focusing on maintaining competitive pricing.
The various developmental strategies like new product launches and mergers are expected to foster market growth and offer lucrative growth opportunities to the market players.
By Application
By Ownership
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