Press release
Global Private Hospital Market 2024-2033: Trends, Analysis & Growth Forecast
The private hospital market size has grown rapidly in recent years. It will grow from $3168.57 billion in 2023 to $3667.59 billion in 2024 at a compound annual growth rate (CAGR) of 15.7%. The growth in the historic period can be attributed to competitive market dynamics, disease prevalence and treatment needs, healthcare consumerism, healthcare professional recruitment, quality and accreditation.
The private hospital market size is expected to see rapid growth in the next few years. It will grow to $6489.38 billion in 2028 at a compound annual growth rate (CAGR) of 15.3%. The growth in the forecast period can be attributed to healthcare digitization, aging population, health insurance expansion, rising disposable income, medical tourism expansion. Major trends in the forecast period include technology integration, telemedicine expansion, data analytics and ai, healthcare staff well-being, precision medicine, population health management.
Market Overview -
A private hospital refers to a for-profit institution that provides treatment and healthcare services that are privately funded and operated by the owner, who is often a company or a single person. The private hospital provides medical and surgical treatment to sick and injured patients.
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Private Hospitals Addressing The Global Surge In Chronic Diseases And Transforming Healthcare
The rising death rate due to chronic diseases is expected to propel the private hospital market. Chronic diseases refer to an illness that lasts for a year or longer that requires ongoing medical attention. Private hospitals provide a crucial chance to begin managing chronic illnesses properly and address preventative health concerns. For instance, according to data published in April 2021 by the World Health Organization, a Switzerland-based health organization for international public health, 41 million people die every year due to chronic diseases globally, close to 71% of all deaths. Therefore, the rising death rate due to chronic diseases is driving the growth of the private hospital market.
Competitive Landscape -
Major companies operating in the private hospital market report are Toulon Hyeres Private Hospital, Deaconesses Croix Saint, Nuffield Health, London Bridge Healthcare, Ramsay Health Care, HCA Healthcare Inc., Spire Healthcare Group plc, Meoclinic GmbH, Fortis Healthcare Limited, Fresenius SE & Co. KGaA, Life Healthcare Group, Max Superspecialty Hospital Group, Apollo Hospitals Enterprise Ltd., IASIS Healthcare LLC, Ascension Health, Community Health Systems Inc., Universal Health Services Inc., Tenet Healthcare Corporation, LifePoint Health Inc., Kindred Healthcare LLC, Encompass Health Corporation, Acadia Healthcare Company, Select Medical Holdings Corporation, Universal Health Realty Income Trust, Medical Properties Trust Inc., National Healthcare Corporation, Surgery Partners Inc., Surgery Care Affiliates Inc., Surgery Center Holdings LLC, IHH Healthcare Berhad
Revolutionizing Patient Care By The Integration Of Advanced Medical Technologies In Private Hospitals
Technological advancement is a key trend in the private hospital market. Major market players are concentrating on creating or using advanced medical technologies to sustain their position in the private hospital market. For instance, in June 2022, Sharp Sight Eye Hospitals, an India-based private eye hospital chain, in collaboration with Logy.AI, an India-based AI healthcare platform, introduced an AI-based screening solution to identify cataracts on the spot to avoid blindness with 92% accuracy. The solution uses the smartphone for cataract screening, which is a simple chatbot on WhatsApp, leveraging artificial intelligence (AI) for early screening and treatment at the right stage.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/private-hospital-global-market-report
Key Segments -
The private hospital market covered in this report is segmented -
1) By Category: Children's Hospital, Multispecialty Hospitals, Acute Care Hospitals, Specialty Hospitals
2) By Capacity: Large (>500 Beds), Medium (100 Beds-500 Beds), Small (100 Beds)
3) By Location: Rural, Urban
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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The Business Research Company
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
The private hospital market size is expected to see rapid growth in the next few years. It will grow to $6489.38 billion in 2028 at a compound annual growth rate (CAGR) of 15.3%. The growth in the forecast period can be attributed to healthcare digitization, aging population, health insurance expansion, rising disposable income, medical tourism expansion. Major trends in the forecast period include technology integration, telemedicine expansion, data analytics and ai, healthcare staff well-being, precision medicine, population health management.
Market Overview -
A private hospital refers to a for-profit institution that provides treatment and healthcare services that are privately funded and operated by the owner, who is often a company or a single person. The private hospital provides medical and surgical treatment to sick and injured patients.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=8211&type=smp
Private Hospitals Addressing The Global Surge In Chronic Diseases And Transforming Healthcare
The rising death rate due to chronic diseases is expected to propel the private hospital market. Chronic diseases refer to an illness that lasts for a year or longer that requires ongoing medical attention. Private hospitals provide a crucial chance to begin managing chronic illnesses properly and address preventative health concerns. For instance, according to data published in April 2021 by the World Health Organization, a Switzerland-based health organization for international public health, 41 million people die every year due to chronic diseases globally, close to 71% of all deaths. Therefore, the rising death rate due to chronic diseases is driving the growth of the private hospital market.
Competitive Landscape -
Major companies operating in the private hospital market report are Toulon Hyeres Private Hospital, Deaconesses Croix Saint, Nuffield Health, London Bridge Healthcare, Ramsay Health Care, HCA Healthcare Inc., Spire Healthcare Group plc, Meoclinic GmbH, Fortis Healthcare Limited, Fresenius SE & Co. KGaA, Life Healthcare Group, Max Superspecialty Hospital Group, Apollo Hospitals Enterprise Ltd., IASIS Healthcare LLC, Ascension Health, Community Health Systems Inc., Universal Health Services Inc., Tenet Healthcare Corporation, LifePoint Health Inc., Kindred Healthcare LLC, Encompass Health Corporation, Acadia Healthcare Company, Select Medical Holdings Corporation, Universal Health Realty Income Trust, Medical Properties Trust Inc., National Healthcare Corporation, Surgery Partners Inc., Surgery Care Affiliates Inc., Surgery Center Holdings LLC, IHH Healthcare Berhad
Revolutionizing Patient Care By The Integration Of Advanced Medical Technologies In Private Hospitals
Technological advancement is a key trend in the private hospital market. Major market players are concentrating on creating or using advanced medical technologies to sustain their position in the private hospital market. For instance, in June 2022, Sharp Sight Eye Hospitals, an India-based private eye hospital chain, in collaboration with Logy.AI, an India-based AI healthcare platform, introduced an AI-based screening solution to identify cataracts on the spot to avoid blindness with 92% accuracy. The solution uses the smartphone for cataract screening, which is a simple chatbot on WhatsApp, leveraging artificial intelligence (AI) for early screening and treatment at the right stage.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/private-hospital-global-market-report
Key Segments -
The private hospital market covered in this report is segmented -
1) By Category: Children's Hospital, Multispecialty Hospitals, Acute Care Hospitals, Specialty Hospitals
2) By Capacity: Large (>500 Beds), Medium (100 Beds-500 Beds), Small (100 Beds)
3) By Location: Rural, Urban
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
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