MarketInsightsReport has published a report titled Global Hospitals And Outpatient Care Centers Market research report 2020 that is a detailed observation of several aspects, including the rate of growth, technological advances, and different methodologies implemented by the primary current market players. The report is based on a collective analysis of data, which is obtained through primary and secondary research. It provides a systematic approach to the current and prospective scenario of this market.
The global hospitals and outpatient care centers market is expected to decline from $3831.9 billion in 2019 to $3525.9 billion in 2020 at a compound annual growth rate (CAGR) of -8%. The decline is mainly due to the COVID-19 outbreak and extending lockdown as a measure to contain it. The shutdown of nonessential medical care services as recommended by state and national officials, as a measure to contain the virus spread resulted in financial crises for hospitals, outpatient care centers, and other private clinics. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $5401.9 billion in 2023.
Top Companies in the global Hospitals And Outpatient Care Centers Market are
National Health Investors, Inc. (NYSE:NHI); Kaiser Permanente; Fresenius Medical Care AG & Co. KGaA (NYSE:FMS); DaVita Inc.; Universal Health Services, Inc. (NYSE:UHS), and Others.
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North America was the largest region in the global hospitals and outpatient care centers market, accounting for 39% of the market in 2019. Asia Pacific was the second largest region accounting for 26% of the global hospitals and outpatient care centers market. Africa was the smallest region in the global hospitals and outpatient care centers market.
Big data analytics technologies are increasingly being adopted by hospital service providers to generate valuable insights to deliver quality care. This technology offers tools to analyze large data sets to generate critical information associated with patient medical history and preferences. It generates insights to improve and streamline processes, enhance patient satisfaction levels and offer quality care to the patients. Big data analytics solutions providers are also offering applications to the patients to track and manage their health and help identify healthcare service providers. Major big data analytics solutions providers include SAS, IBM, Oracle and Microsoft.
The hospitals and clinics market consist of sales of hospital and outpatient care services and related goods by entities (organizations, sole traders and partnerships) that provide hospital and outpatient care services. This industry includes hospitals such as general hospitals, specialty hospitals and psychiatric and substance abuse hospitals that provide treatment and diagnosis for various diseases. It also includes establishments such as clinics that provide kidney dialysis, family planning counselling and other outpatient care services.
1) By Type: Hospitals; Outpatient Care Centers
2) By End User Gender: Male; Female
3) By 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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Regions covered By Hospitals And Outpatient Care Centers Market Report 2020 To 2030 are
North America (The United States, Canada, and Mexico), Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Central & South America (Brazil, and Rest of South America), and Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)
Effect of the Hospitals And Outpatient Care Centers market report is
– A comprehensive evaluation of all opportunities and risks in the market.
– Hospitals And Outpatient Care Centers market current developments and significant occasions.
– A deep study of business techniques for the development of the market-driving players.
– Conclusive study about the improvement plot of the market for approaching years.
– Top to the bottom approach of market-express drivers, targets, and major littler scale markets.
– Favorable impressions inside imperative mechanical and publicize the latest examples striking the market.