Global Hospitals And Outpatient Care Centers Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends
1 Jul, 2021
The hospitals and outpatient care centers market consists of sales of hospitals and outpatient care services by entities (organizations, sole traders and partnerships) that are engaged in providing diagnostic and medical treatment to patients with a wide range of medical conditions. Clinics offer medical care or treatment that does not require any overnight stay in a hospital or medical facility. Outpatient care may be carried out in a medical office or at hospital.
Global Hospitals And Outpatient Care Centers Market Size And Drivers:
The global hospitals and outpatient care centers market is expected to grow from $3384.21 billion in 2020 to $3784.65 billion in 2021 at a compound annual growth rate (CAGR) of 11.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $4959.61 billion in 2025 at a CAGR of 7%. Effective implementation of health plans is the core reason for the improvement in healthcare access.
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Trends In The Global Hospitals And Outpatient Care Centers Market
Mobile and IoT technologies are being implemented by hospitals to provide information to various stakeholders in the hospital ecosystem. This technology offers real time visibility of patient health through active and passive data collection. This technology can monitor medical conditions and prevent life threatening diseases. Data generated through IoT devices is becoming critical for patient care managers, patients to diagnose, track and treat medical conditions. Major hospitals adopting IoT technology in the USA include HCA, Mercy Virtual Care Center and Kaiser Permanente. Thus, this technology enables healthcare providers to make accurate and informed decisions on patients’ health.
Global Hospitals And Outpatient Care Centers Market Segments:
The global hospitals and outpatient care centers market is further segmented based on type, end user gender, type of expenditure and geography.
By Type: Hospitals, Outpatient Care Centers
By End User Gender: Male, Female
By Type of Expenditure: Public, Private
Sub segments 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
By Geography: The global hospitals and outpatient care centers market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global hospitals and outpatient care centers market, accounting for 40% of the market in 2020.
Read More On The Report For The Global Hospitals And Outpatient Care Centers Market At:https://www.thebusinessresearchcompany.com/report/hospitals-and-outpatient-care-centers-global-market-report-2020-30-covid-19-impact-and-recovery
Hospitals And Outpatient Care Centers Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides hospitals and outpatient care centers market overviews, analyzes and forecasts market size and growth for the global hospitals and outpatient care centers market, hospitals and outpatient care centers market share, hospitals and outpatient care centers market players, hospitals and outpatient care centers market segments and geographies, hospitals and outpatient care centers market’s leading competitors’ revenues, profiles and market shares. The hospitals and outpatient care centers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.