Direct Primary Care Market Expected to Reach $82.5 Billion by 2032

According to a new report published by Allied Market Research, titled, “Direct Primary Care Market," The direct primary care market size was valued at $55.8 billion in 2022, and is estimated to reach $82.5 billion by 2032, growing at a CAGR of 4.3% from 2023 to 2032.

Direct primary care (DPC) is a novel healthcare paradigm in which physicians collaborate with their patients to deliver primary care services for a fixed, recurring membership fee. By removing the administrative hurdles of the old insurance-based billing system, DPC clinics can provide a broad range of services in a transparent and cost-effective manner. DPC practices now a grassroots movement with over 1,000 locations nationwide can do so while providing patients with a higher level of service, communication, and relationship than what is commonly seen in dysfunctional healthcare system. Philosophically, the concept aims to restore the patient-physician relationship without the involvement of insurance companies. 

DPC gives patients more access to their primary care physicians. Patients can obtain prompt and tailored care with longer appointment periods, same-day or next-day appointments, and digital platforms that allow them to contact with doctors. DPC frequently provides a transparent and cheap payment system. Instead of relying on insurance for each visit, patients pay a set cost that covers a variety of services. This can be more cost-effective, particularly for people without comprehensive insurance or high deductibles.

The DPC approach promotes tighter relationships between patients and their doctors, which can result in greater communication, patient satisfaction, and health outcomes. In addition, patients with direct primary care providers tend to have fewer emergency room visits, as their care is more proactive and preventive. All these factors are anticipated to drive the direct primary care market growth.  

DPC provides primary care services but excludes expert consultations, hospitalization, and emergency treatment. Patients who require substantial specialized treatment or have chronic conditions may still require additional insurance coverage to receive these services, which can be costly.  While most of the time patients do notice cost reductions if a patient were to have a catastrophic incident that maxed out their deductible that year, they could find themselves spending more that year for medical bills than would have otherwise occurred. All these factors are anticipated to restraint the direct primary care market share.  

There are numerous chances for direct primary care to prioritize preventive and individualized care. Preventive treatment, such as health screenings, vaccines, lifestyle coaching, and community education, serves to prevent the start of illnesses, allowing for targeted early interventions. Advances in genomes and diagnostics also allow for more precise disease risk mapping, resulting in personalized disease preventive regimens for patients.

Primary care physicians can use health data analytics to develop personalized management strategies based on patients' health profiles and goals. This emphasis on preventive and individualized care can boost patient satisfaction while lowering overall expenses. All these factors are anticipated to drive the direct primary care market size growth.  

The direct primary care industry is segmented into type and region. By type, the market is classified into clinical services, laboratory services, consultative services, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

The key players profiled in the direct primary care market analysis report include One Medical, Oak Street Health, Paladina Health, Forward Health, Crossover Health, EverMed, Plum Health, Nextera Healthcare, Boston Direct Health, and PeakMed. 

The report offers a comprehensive analysis of the global direct primary care market trends by thoroughly studying different aspects of the market, including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players working towards the growth of the market. The report also highlights on the present scenario and upcoming trends & developments that are contributing toward the growth of the market. Moreover, restraints and challenges that hold power to obstruct the market growth are also profiled in the report along with the Porter’s five forces analysis of the market to elucidate factors such as competitive landscape, bargaining power of buyers and suppliers, threats of new players, and emergence of substitutes in the direct primary care industry. 

Key Findings of the Study 

• Depending on type, the clinical services segment emerged as the global leader in 2022 and is anticipated to be the fastest growing sub-segment during the direct primary care market forecast period. 

• Region wise, the Asia-Pacific market registered the highest direct primary care market share in 2022 and is projected to maintain its position during the forecast period.