The urgent care clinics industry has been steadily growing over the last decade or so, with people like Millennials acting as a primary driving force behind them. We live in a society that wants things faster, more convenient, and more affordable than ever before and urgent care centers are one of the rare places where all of that can be consistently found, especially in comparison with its rivals.

The success of these locations should only continue if a new report from Transparency Market Research is ultimately proven true. According to MedGadget.com, the global market research firm released their latest report pertaining to walk in clinics entitled, “Urgent Care Centers Market (Illness, Injury, Physical, Vaccination, Diagnostic and Screening) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020.”

According to the report, the market value for urgent care walk in clinics will grow to over $30 billion by the year 2020. In 2013 the market value stood at $23.5 billion, which puts the estimated compound annual growth rate at about a healthy 3.8%.

“For the research on this topic, we conducted in-depth interviews and discussions with a wide range of key opinion leaders within urgent care centers market, which was supplemented by extensive secondary research,” the reports summary reads. “The rise in the healthcare spending expenditure along with increasing geriatric population in particular has boosted the demand for cost-effective and convenient medical care worldwide. The urgent care model is designed to provide convenient access to quality, cost-effective healthcare services to general public around the world.”

Today, almost all urgent care walk in clinics have physicians on staff (95%) and 70% can provide intravenous fluids when needed. Approximately 97% of all urgent care visits have wait times under 40 minutes.

So far it seems as if the people at the forefront of this industry have done exactly what they set out to do: provide quality care adn treatment services at affordable prices and in timely and convenient manners. The proof is the $30 billion pudding.