Market Overview:
The global hospitals and outpatient care centers market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market is segmented by type, application, and region. By type, the market is divided into general medical and surgical services, psychiatric and substance abuse services, specialty (except psychiatric and substance abuse) services, family planning centers, outpatient mental health and substance abuse centers, health maintenance organization (HMO) medical centers, others. General medical and surgical services are further sub-segmented into ambulatory surgery center (ASC), diagnostic center/imaging center/laboratory service center (DCL), hospital outpatient department (HOD), other general surgery service providers. Psychiatric and substance abuse services are further sub-segmented into inpatient psychiatric hospitals & clinics; residential treatment facilities; day treatment programs; alcohol & drug rehabilitation facilities; correctional institutions offering mental health care; suicide prevention hotlines/crisis intervention lines).
Product Definition:
Hospitals are institutions where patients receive medical care. Outpatient care centers are facilities where people who are not hospitalized can go to receive medical treatment. Hospitals and outpatient care centers play an important role in the health of a community by providing access to health care services.
General Medical and Surgical Services:
GMS (General Medical and Surgical Services) is a range of medical services provided in hospitals and outpatient care centers. The GMS market includes products such as diagnostic tests, lab tests, X-ray & imaging equipment, surgical instruments/equipment, drugs & pharmacy items among others. General medical services include primary care physicians consultations; diagnosis or analysis of condition; preventive treatment including immunization against common diseases; surgery for removal of tumors or cysts; etc.
Psychiatric and Substance Abuse Services:
The psychiatric and substance abuse services market is expected to grow at a significant rate over the forecast period. The major drivers for this market are increasing prevalence of mental disorders coupled with rising substance abuse among adolescents and adults. Moreover, growing awareness about these disorders amongst the population is also expected to boost demand for these services in near future.
Application Insights:
The hospitals segment dominated the global market in 2017. This is attributed to factors such as increasing number of hospital construction projects and an increase in the adoption of outpatient services by hospitals. For instance, as per a study published by Global Health Analytics, Inc., around USD 6 billion was spent on building new hospitals across the world in 2016 while around USD 12 billion was spent on renovating old ones.
Moreover, according to a study published by IMS Institute for Healthcare Informatics &mathematical Modelling (IMS), it is estimated that about 70% of healthcare expenditure occurs outside hospital premises which are referred to as ambulatory care centers or clinics. Thus growth in this segment can be attributed to growing demand for outpatient care due to increasing awareness among people regarding their health conditions and its treatment along with rising spending capacity among consumers globally.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to factors such as favorable reimbursement policies, increasing government funding for research and development of new treatment methods, and rising awareness about mental health disorders. Moreover, an increase in the number of private hospitals is also expected to contribute towards regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to various initiatives taken by governments across countries such as India and China for developing healthcare infrastructure at a domestic level coupled with international collaborations aimed at improving access for patients living outside their native country or region. For instance, The Chinese Government has undertaken several initiatives such as National Health Commission (NHC) under which it aims to establish a universal healthcare system that covers primary care services along with hospitalization costs for outpatients across China from 2014 – 15 fiscal year until 2020 – 11th Five-Year Plan (2016 - 20).
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 5.0% from 2016 to 2020, according to a study by Grand View Research, Inc. This growth can be attributed to the increasing life expectancy and declining fertility rates across the world. As the population ages, there will be an increase in demand for hospital services and outpatient care center services.
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as cancer, heart disease, and diabetes is on the rise globally due to changing lifestyles and aging populations. This is leading to an increase in demand for hospital services and outpatient care center services worldwide.
- Technological advancements: Hospitals are increasingly adopting new technologies such as telemedicine, big data analytics, and 3D printing technology in order to improve patient care outcomes and reduce costs. Outpatient care centers are also investing in new technologies such as electronic health records (EHRs) systems in order to improve patient satisfaction levels and operational efficiency..
Scope Of The Report
Report Attributes
Report Details
Report Title
Hospitals and Outpatient Care Centers Market Research Report
By Type
General Medical and Surgical Services, Psychiatric and Substance Abuse Services, Specialty (Except Psychiatric and Substance Abuse) Services, Family Planning Centers, Outpatient Mental Health and Substance Abuse Centers, Health Maintenance Organization (HMO) Medical Centers, Others
By Application
Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, Others
By Companies
National Health Service, Kaiser Permanente, Davita, Mayo Clinic, Cleveland Clinic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Hospitals and Outpatient Care Centers Market Report Segments:
The global Hospitals and Outpatient Care Centers market is segmented on the basis of:
Types
General Medical and Surgical Services, Psychiatric and Substance Abuse Services, Specialty (Except Psychiatric and Substance Abuse) Services, Family Planning Centers, Outpatient Mental Health and Substance Abuse Centers, Health Maintenance Organization (HMO) Medical Centers, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Ambulatory Surgical Centers, Diagnostic Centers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- National Health Service
- Kaiser Permanente
- Davita
- Mayo Clinic
- Cleveland Clinic
Highlights of The Hospitals and Outpatient Care Centers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- General Medical and Surgical Services
- Psychiatric and Substance Abuse Services
- Specialty (Except Psychiatric and Substance Abuse) Services
- Family Planning Centers
- Outpatient Mental Health and Substance Abuse Centers
- Health Maintenance Organization (HMO) Medical Centers
- Others
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- Diagnostic Centers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hospitals and Outpatient Care Centers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hospitals are medical facilities that provide inpatient care to patients. Outpatient care centers offer a variety of services such as doctor's appointments, dental work, and physical therapy.
Some of the major companies in the hospitals and outpatient care centers market are National Health Service, Kaiser Permanente, Davita, Mayo Clinic, Cleveland Clinic.
The hospitals and outpatient care centers market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hospitals and Outpatient Care Centers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hospitals and Outpatient Care Centers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hospitals and Outpatient Care Centers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hospitals and Outpatient Care Centers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hospitals and Outpatient Care Centers Market Size & Forecast, 2020-2028
4.5.1 Hospitals and Outpatient Care Centers Market Size and Y-o-Y Growth
4.5.2 Hospitals and Outpatient Care Centers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 General Medical and Surgical Services
5.2.2 Psychiatric and Substance Abuse Services
5.2.3 Specialty (Except Psychiatric and Substance Abuse) Services
5.2.4 Family Planning Centers
5.2.5 Outpatient Mental Health and Substance Abuse Centers
5.2.6 Health Maintenance Organization (HMO) Medical Centers
5.2.7 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Ambulatory Surgical Centers
6.2.3 Diagnostic Centers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hospitals and Outpatient Care Centers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hospitals and Outpatient Care Centers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 General Medical and Surgical Services
9.6.2 Psychiatric and Substance Abuse Services
9.6.3 Specialty (Except Psychiatric and Substance Abuse) Services
9.6.4 Family Planning Centers
9.6.5 Outpatient Mental Health and Substance Abuse Centers
9.6.6 Health Maintenance Organization (HMO) Medical Centers
9.6.7 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Ambulatory Surgical Centers
9.10.3 Diagnostic Centers
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 General Medical and Surgical Services
10.6.2 Psychiatric and Substance Abuse Services
10.6.3 Specialty (Except Psychiatric and Substance Abuse) Services
10.6.4 Family Planning Centers
10.6.5 Outpatient Mental Health and Substance Abuse Centers
10.6.6 Health Maintenance Organization (HMO) Medical Centers
10.6.7 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Ambulatory Surgical Centers
10.10.3 Diagnostic Centers
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 General Medical and Surgical Services
11.6.2 Psychiatric and Substance Abuse Services
11.6.3 Specialty (Except Psychiatric and Substance Abuse) Services
11.6.4 Family Planning Centers
11.6.5 Outpatient Mental Health and Substance Abuse Centers
11.6.6 Health Maintenance Organization (HMO) Medical Centers
11.6.7 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Ambulatory Surgical Centers
11.10.3 Diagnostic Centers
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 General Medical and Surgical Services
12.6.2 Psychiatric and Substance Abuse Services
12.6.3 Specialty (Except Psychiatric and Substance Abuse) Services
12.6.4 Family Planning Centers
12.6.5 Outpatient Mental Health and Substance Abuse Centers
12.6.6 Health Maintenance Organization (HMO) Medical Centers
12.6.7 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Ambulatory Surgical Centers
12.10.3 Diagnostic Centers
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 General Medical and Surgical Services
13.6.2 Psychiatric and Substance Abuse Services
13.6.3 Specialty (Except Psychiatric and Substance Abuse) Services
13.6.4 Family Planning Centers
13.6.5 Outpatient Mental Health and Substance Abuse Centers
13.6.6 Health Maintenance Organization (HMO) Medical Centers
13.6.7 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Ambulatory Surgical Centers
13.10.3 Diagnostic Centers
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hospitals and Outpatient Care Centers Market: Competitive Dashboard
14.2 Global Hospitals and Outpatient Care Centers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 National Health Service
14.3.2 Kaiser Permanente
14.3.3 Davita
14.3.4 Mayo Clinic
14.3.5 Cleveland Clinic
