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Global Hospital Market Report and Forecast 2023-2031

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    Report

  • 140 Pages
  • July 2023
  • Region: Global
  • Expert Market Research
  • ID: 5855093
The global hospital market is anticipated to grow at a CAGR of 6.70% during the forecast period of 2023-2031, likely to be driven by the rising healthcare expenditure across the globe.

Hospital Market: Introduction

A hospital is a medical facility or institution that provides comprehensive medical care, treatment, and services to individuals who are sick, injured, or in need of medical attention. Hospitals play a critical role in the healthcare system, offering a wide range of medical services and specialized treatments to patients of all ages and conditions. Key Features of Hospitals:
  • Medical Staff: Hospitals are staffed with a diverse team of medical professionals, including doctors, nurses, surgeons, specialists, and allied health professionals, who work together to provide medical care and treatment to patients
  • Inpatient and Outpatient Services: Hospitals offer both inpatient services, where patients stay overnight or for an extended period, and outpatient services, where patients receive medical care without being admitted to the hospital
  • Emergency Care: Hospitals have emergency departments that provide immediate medical attention to patients with critical and life-threatening conditions
  • Specialized Departments: Hospitals typically have specialized departments, such as cardiology, oncology, paediatrics, neurology, orthopaedics, and more, to cater to specific medical needs and conditions
Types of Hospitals:
  • General Hospitals: These hospitals provide a wide range of medical services and treatments and serve patients with various medical conditions
  • Specialized Hospitals: Specialized hospitals focus on specific medical areas, such as children's hospitals (paediatric hospitals), cancer hospitals (oncology centres), heart hospitals (cardiac centres), and more
  • Teaching Hospitals: Teaching hospitals are affiliated with medical schools and play a role in medical education and training of healthcare professionals

Key Trends in the Global Hospital Market

Here are some key trends in the global hospital market:
  • Adoption of Digital Health Technologies: Hospitals were increasingly adopting digital health technologies, such as electronic health records (EHRs), telemedicine, remote patient monitoring, and mobile health apps. These technologies aimed to improve patient care, enhance operational efficiency, and facilitate seamless communication among healthcare professionals
  • Focus on Patient-Centric Care: Hospitals were placing a greater emphasis on patient-centric care, aiming to improve the patient experience and satisfaction. Patient engagement strategies, personalized treatment plans, and improved communication between patients and healthcare providers were some of the approaches adopted to achieve this goal
  • Growth of Specialized and Super-Specialized Hospitals: There was a notable increase in the number of specialized and super-specialized hospitals focusing on specific medical areas, such as cancer treatment, cardiovascular care, orthopaedics, and women's health. These hospitals catered to specific medical needs and offered advanced treatments and facilities
  • Telemedicine Expansion: The COVID-19 pandemic accelerated the adoption of telemedicine services globally. Hospitals implemented telehealth platforms to provide remote consultations, monitor patients' health, and ensure continued care during the pandemic and beyond
  • Medical Tourism: Medical tourism continued to be a significant trend, with patients traveling to other countries for medical treatments and procedures. Some hospitals strategically targeted international patients by providing high-quality care at competitive prices

Global Hospital Market Segmentations

The market can be categorised into ownership, type, type of care, capacity, type of services, and region.

Market Breakup by Ownership

  • Public
  • Private
  • Semi - Government Hospital
  • Voluntary Agency Hospital

Market Breakup by Type

  • General
  • Multi- Specialty
  • Specialty
  • Teaching Cum Research Hospital

Market Breakup by Type of Care

  • Primary Care
  • Secondary Care
  • Tertiary Care

Market Breakup by Bed Capacity

  • Small Hospital (Up to 100 Beds)
  • Medium Hospital (101-300 Beds)
  • Large Hospital (More than 300 Beds)

Market Breakup by Type of Services

  • In-patient Services
  • Outpatient Services

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Global Hospital Market Overview

Here are some key drivers in the global hospital market:
  • Increasing Global Healthcare Spending: Rising healthcare expenditures by governments, private sectors, and insurance companies were driving the growth of the global hospital market. The growing demand for healthcare services, infrastructure development, and advancements in medical technologies contributed to increased spending
  • Aging Population and Chronic Diseases: The global aging population was driving the demand for hospital services, as older individuals tend to have a higher incidence of chronic diseases and require more medical attention. As chronic diseases like cardiovascular conditions, diabetes, and cancer became more prevalent, hospitals experienced an increased workload
  • Technological Advancements: Hospitals were investing in advanced medical technologies, such as robotic-assisted surgeries, minimally invasive procedures, telemedicine, and digital health solutions. These technologies improved patient outcomes, increased efficiency, and expanded the range of medical services offered
  • Demand for Specialized Healthcare: The rising prevalence of complex medical conditions and the need for specialized treatments led to the growth of hospitals with specialized departments, such as oncology centres, cardiovascular institutes, and women's health centres
  • Global Medical Tourism: Medical tourism, where patients travel internationally to seek medical treatments and procedures, contributed to the growth of the hospital market in certain regions. Hospitals offering high-quality care at competitive prices attracted patients from around the world

Key Players in the Global Hospital Market

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players.
  • Ramsay Health Care Limited
  • Community Health Systems, Inc
  • Spire Healthcare Group plc
  • Tenet Healthcare Corporation
  • Universal Health Services, Inc
  • IHH Healthcare Berhad
  • Apollo Hospitals Enterprise Limited
  • HCA Healthcare, Inc
  • Fresenius SE & Co. KGaA
  • ORPEA Group
  • Netcare Limited
  • Aster DM Healthcare Limited
*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.

Table of Contents

1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage - Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Hospital Market Overview
3.1 Global Hospital Market Historical Value (2016-2022)
3.2 Global Hospital Market Forecast Value (2023-2031)
4 Global Hospital Market Dynamics
4.1 Market Drivers and Constraints
4.2 SWOT Analysis
4.3 Porter’s Five Forces Model
4.4 Key Demand Indicators
4.5 Key Price Indicators
4.6 Industry Events, Initiatives, and Trends
4.7 Value Chain Analysis
5 Global Hospital Market Segmentation
5.1 Global Hospital Market by Ownership
5.1.1 Market Overview
5.1.2 Public
5.1.3 Private
5.1.4 Semi - Government Hospital
5.1.5 Voluntary Agency Hospital
5.2 Global Hospital Market by Type
5.2.1 Market Overview
5.2.2 General
5.2.3 Multi- Specialty
5.2.4 Specialty
5.2.5 Teaching Cum Research Hospital
5.3 Global Hospital Market by Type of Care
5.3.1 Market Overview
5.3.2 Primary Care
5.3.3 Secondary Care
5.3.4 Tertiary Care
5.4 Global Hospital Market by Bed Capacity
5.4.1 Market Overview
5.4.2 Small Hospital (Up to 100 Beds)
5.4.3 Medium Hospital (101-300 Beds)
5.4.4 Large Hospital (More than 300 Beds)
5.5 Global Hospital Market by Type of Services
5.5.1 Market Overview
5.5.2 In-patient Services
5.5.3 Outpatient Services
5.6 Global Hospital Market by Region
5.6.1 Market Overview
5.6.2 North America
5.6.3 Europe
5.6.4 Asia Pacific
5.6.5 Latin America
5.6.6 Middle East and Africa
6 North America Hospital Market
6.1 Market Share by Country
6.2 United States of America
6.3 Canada
7 Europe Hospital Market
7.1 Market Share by Country
7.2 United Kingdom
7.3 Germany
7.4 France
7.5 Italy
7.6 Others
8 Asia Pacific Hospital Market
8.1 Market Share by Country
8.2 China
8.3 Japan
8.4 India
8.5 ASEAN
8.6 Australia
8.7 Others
9 Latin America Hospital Market
9.1 Market Share by Country
9.2 Brazil
9.3 Argentina
9.4 Mexico
9.5 Others
10 Middle East and Africa Hospital Market
10.1 Market Share by Country
10.2 Saudi Arabia
10.3 United Arab Emirates
10.4 Nigeria
10.5 South Africa
10.6 Others
11 Patent Analysis
11.1 Analysis by Type of Patent
11.2 Analysis by Publication year
11.3 Analysis by Issuing Authority
11.4 Analysis by Patent Age
11.5 Analysis by CPC Analysis
11.6 Analysis by Patent Valuation
11.7 Analysis by Key Players
12 Grants Analysis
12.1 Analysis by year
12.2 Analysis by Amount Awarded
12.3 Analysis by Issuing Authority
12.4 Analysis by Grant Application
12.5 Analysis by Funding Institute
12.6 Analysis by NIH Departments
12.7 Analysis by Recipient Organization
13 Funding Analysis
13.1 Analysis by Funding Instances
13.2 Analysis by Type of Funding
13.3 Analysis by Funding Amount
13.4 Analysis by Leading Players
13.5 Analysis by Leading Investors
13.6 Analysis by Geography
14 Partnership and Collaborations Analysis
14.1 Analysis by Partnership Instances
14.2 Analysis by Type of Partnership
14.3 Analysis by Leading Players
14.4 Analysis by Geography
15 Regulatory Framework
15.1 Regulatory Overview
15.1.1 US FDA
15.1.2 EU EMA
15.1.3 INDIA CDSCO
15.1.4 JAPAN PMDA
15.1.5 Others
16 Supplier Landscape
16.1 Ramsay Health Care Limited
16.1.1 Financial Analysis
16.1.2 Product Portfolio
16.1.3 Demographic Reach and Achievements
16.1.4 Mergers and Acquisitions
16.1.5 Certifications
16.2 Community Health Systems, Inc.
16.2.1 Financial Analysis
16.2.2 Product Portfolio
16.2.3 Demographic Reach and Achievements
16.2.4 Mergers and Acquisitions
16.2.5 Certifications
16.3 Spire Healthcare Group plc
16.3.1 Financial Analysis
16.3.2 Product Portfolio
16.3.3 Demographic Reach and Achievements
16.3.4 Mergers and Acquisitions
16.3.5 Certifications
16.4 Tenet Healthcare Corporation
16.4.1 Financial Analysis
16.4.2 Product Portfolio
16.4.3 Demographic Reach and Achievements
16.4.4 Mergers and Acquisitions
16.4.5 Certifications
16.5 Universal Health Services, Inc.
16.5.1 Financial Analysis
16.5.2 Product Portfolio
16.5.3 Demographic Reach and Achievements
16.5.4 Mergers and Acquisitions
16.5.5 Certifications
16.6 IHH Healthcare Berhad
16.6.1 Financial Analysis
16.6.2 Product Portfolio
16.6.3 Demographic Reach and Achievements
16.6.4 Mergers and Acquisitions
16.6.5 Certifications
16.7 Apollo Hospitals Enterprise Limited
16.7.1 Financial Analysis
16.7.2 Product Portfolio
16.7.3 Demographic Reach and Achievements
16.7.4 Mergers and Acquisitions
16.7.5 Certifications
16.8 HCA Healthcare, Inc.
16.8.1 Financial Analysis
16.8.2 Product Portfolio
16.8.3 Demographic Reach and Achievements
16.8.4 Mergers and Acquisitions
16.8.5 Certifications
16.9 Fresenius SE & Co. KGaA
16.9.1 Financial Analysis
16.9.2 Product Portfolio
16.9.3 Demographic Reach and Achievements
16.9.4 Mergers and Acquisitions
16.9.5 Certifications
16.10 ORPEA Group
16.10.1 Financial Analysis
16.10.2 Product Portfolio
16.10.3 Demographic Reach and Achievements
16.10.4 Mergers and Acquisitions
16.10.5 Certifications
16.11 Netcare Limited
16.11.1 Financial Analysis
16.11.2 Product Portfolio
16.11.3 Demographic Reach and Achievements
16.11.4 Mergers and Acquisitions
16.11.5 Certifications
16.12 Aster DM Healthcare Limited
16.12.1 Financial Analysis
16.12.2 Product Portfolio
16.12.3 Demographic Reach and Achievements
16.12.4 Mergers and Acquisitions
16.12.5 Certifications
17 Global Hospital Market - Distribution Model (Additional Insight)
17.1 Overview
17.2 Potential Distributors
17.3 Key Parameters for Distribution Partner Assessment
18 Key Opinion Leaders (KOL) Insights (Additional Insight)
19 Company Competitiveness Analysis (Additional Insight)
19.1 Very Small Companies
19.2 Small Companies
19.3 Mid-Sized Companies
19.4 Large Companies
19.5 Very Large Companies
20 Payment Methods (Additional Insight)
20.1 Government Funded
20.2 Private Insurance
20.3 Out-of-Pocket
  • *Additional insights provided are customisable as per client requirements.

Companies Mentioned

  • Ramsay Health Care Limited
  • Community Health Systems, Inc.
  • Spire Healthcare Group plc
  • Tenet Healthcare Corporation
  • Universal Health Services, Inc.
  • IHH Healthcare Berhad
  • Apollo Hospitals Enterprise Limited
  • HCA Healthcare, Inc.
  • Fresenius SE & Co. KGaA
  • ORPEA Group
  • Netcare Limited
  • Aster DM Healthcare Limited

Methodology

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