According to Vision Research Reports, the global hospital services market size is expected to be worth around US$ 15.8 trillion by 2030 and is anticipated to grow at a CAGR of 9.1% during forecast period 2021 to 2030.
According to Vision Research Reports, the global hospital services market size is expected to be worth around US$ 15.8 trillion by 2030 and is anticipated to grow at a CAGR of 9.1% during forecast period 2021 to 2030.
The global hospital services market size was valued at US$ 8.8 trillion in 2020. Growing incidence of cancer & other chronic diseases and high cost of treatment are expected to be the vital impact rendering drivers for the market.
Medical costs have increased in the last few decades. Advanced diagnostic technology has paved the way for improved & early disease detection and aided research on treatments for terminal diseases, such as cancer. Medical innovation is primarily fueled by the sales profits made by various cutting-edge medical institutions. With increasing awareness and affordability, the market for medical services is expected to grow, which is already evident among many developed nations, as healthcare services contribute significantly to the growth of their GDP.
Get the sample copy of report@ https://www.visionresearchreports.com/report/sample/38662
Report Highlights
- Outpatient services is expected to be the fastest growing hospital service type over the forecast period, at a CAGR of 8.5%
- As per analysis of hospital industry, private hospitals are expected to lead the market among state owned and community hospitals, as increasing consumer affordability and lucrative facilities provided by private hospitals attract more patients globally.
- North America was the leading hospital services market in terms of hospital revenue and is expected to maintain its position during the forecast period, as the region has the most expensive healthcare service providers in the world.
- Based on application, neurorehabilitation & psychiatry services is expected to be the fastest growing, as a result of rising incidence of mental disorders and growing demand for mental wellness services. The segment is expected to fuel growth of outpatient services further, since the introduction of telemedicine in healthcare.
- Some major players include HCA Healthcare; Ascension Health; Cleveland Clinic; Community Health Systems, Inc.; Spire Healthcare Group plc.; and Mayo Clinic.
In this study, the years considered to estimate the market size of Hospital Services are as follows:
- History Year: 2017-2020
- Base Year: 2021
- Forecast Year 2022 to 2030
Enquire here Before Buying Report@ https://www.visionresearchreports.com/report/enquiry/38662
Key Players
- HCA Healthcare
- Mayo Clinic
- Cleveland clinic
- Tenet Healthcare
- Spire Healthcare Group plc
- Community Health Systems, Inc.
- Fortis Healthcare
- Ramsay Healthcare
Market Segmentation
By Service Type
- Inpatient Service
- Outpatient Services
By Hospital Type
- Private Hospital
- State-owned Hospital
- Public/Community Hospital
By Service Areas
- Acute Care
- Cardiovascular
- Cancer Care
- Neurorehabilitation & Psychiatry Services
- Pathology Lab, Diagnostics, and Imaging
- Obstetrics & Gynecology
- Others
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Click Here to View Full Report Table of Contents
Buy this Research Report@ https://www.visionresearchreports.com/report/cart/38662
You can place an order or ask any questions, please feel free to contact at sales@visionresearchreports.com | +1 9197 992 333