Global Hospitals and Outpatient Care Centers Market: Navigating Growth Avenues
The Business Research Company’s Hospitals and Outpatient Care Centers Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032
LONDON, GREATER LONDON, UK, December 4, 2023 /EINPresswire.com/ -- The global hospitals and outpatient care centers market1 demonstrated substantial growth, escalating from $4,019.8 billion in 2022 to $4,262.62 billion in 2023, achieving a commendable compound annual growth rate (CAGR) of 6.0%. The hospitals and outpatient care centers market is poised for continued expansion, with expectations to reach $5,203.57 billion by 2027, driven by a projected CAGR of 5.1%.
Enhanced Healthcare Access in Developing Countries
One of the key catalysts for the market's growth is the anticipated improvement in healthcare access across developing countries. This positive trend is attributed to the effective implementation of health plans, particularly evident in regions such as India, China, and various Latin American countries.
Notable country-specific health reforms contributing to enhanced healthcare access include China's urban resident basic medical insurance and new rural cooperative medical insurance schemes, Brazil's unified health system, and Mexico's popular health insurance. The increasing accessibility to healthcare services emerges as a significant driver propelling the hospitals and outpatient care centers market forward.
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Major Market Players Shaping the Landscape
Major companies playing pivotal roles in the hospitals and outpatient care centers market include Kaiser Permanente, UnitedHealth Group Incorporated, HCA Healthcare, Tenet Healthcare, Fresenius Medical Care AG & Co. KGaA, Mayo Clinic, Community Health Systems, Cleveland Clinic, Davita Inc., and Ramsay Health Care.
Integration of Mobile and IoT Technologies
Hospitals are increasingly incorporating mobile and Internet of Things (IoT) technologies to disseminate information to various stakeholders within the hospital ecosystem. This technological integration facilitates real-time visibility of patient health through active and passive data collection. Mobile and IoT technologies play a crucial role in monitoring medical conditions, preventing life-threatening diseases, and generating critical data for patient care managers and healthcare providers. Notable adopters of IoT technology in major hospitals in the USA include HCA, Mercy Virtual Care Centre, and Kaiser Permanente. This advancement empowers healthcare providers to make accurate and informed decisions regarding patients' health.
Regional Dynamics and Market Segmentation
In 2022, North America emerged as the largest region in the hospitals and outpatient care centers market, with Asia-Pacific securing the second-largest position. The comprehensive hospitals and outpatient care centers market report covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Hospitals And Outpatient Care Centers Market Segmentation2 Overview
The global hospitals and outpatient care centers market is segmented based on:
• Type: Hospitals, Outpatient Care Centers
• End User Gender: Male, Female
• Type of Expenditure: Public, Private
Subsegments Covered: General Medical And Surgical Hospitals, Specialty (except Psychiatric And Substance Abuse) Hospitals, Psychiatric And Substance Abuse Hospitals, Freestanding Ambulatory Surgical And Emergency Centers, HMO Medical Centers, All Other Outpatient Care Centers, Kidney Dialysis Centers, Outpatient Mental Health And Substance Abuse Centers, Family Planning Centers
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Hospitals And Outpatient Care Centers Global Market Report 2023 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Hospitals And Outpatient Care Centers Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on hospitals and outpatient care centers market size, hospitals and outpatient care centers market drivers and trends, hospitals and outpatient care centers market major players, hospitals and outpatient care centers market competitors' revenues, hospitals and outpatient care centers market positioning, and hospitals and outpatient care centers market growth across geographies. The hospitals and outpatient care centers market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the hospitals and outpatient care centers market report and tap into segments with the highest growth potential.
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