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Specialty Hospitals Market 2019 Global Key Vendors Analysis, Revenue, Trends & Forecast to 2027 - Memorial Sloan-Kettering, Steward Health Care System, Belhoul Speciality Hospital, Advanced Specialty Hospitals
Specialty hospitals can be defined as hospitals that are involved in treatment for a specific medical condition or illness. Initially there were only children or women specialty hospitals which were dedicated to women’s and children’s health issues. With the advent of technology now there are specialty hospitals dedicated to a certain disease like cardiology specialty hospital or a cancer specialty clinic. The need for specialized inpatient and outpatient care has been growing. Specialty hospitals have an important role for treating patients who need special care offering high quality care and safety and enhancing access. The report would be of an interest to various stakeholders operating in the specialty hospitals market. These stakeholders include, hospitals, specialty clinics & hospitals, venture capitalist, and others.Specialty Hospitals Market to 2027 - Global Analysis and Forecasts by Type (Cardiac Hospitals, Cancer Hospitals, Rehabilitation Hospitals, ENT Hospitals, Neurological Hospitals, Orthopedic Hospitals, and Others) and Geography
According to a new market research study titled ‘Specialty Hospitals Market to 2027 – Global Analysis and Forecasts by Type, the global specialty hospitals market is expected to reach US$ 509.10 Bn in 2027 from US$ 401.65 Bn in 2018. The market is estimated to grow with a CAGR of 2.8% from 2018-2027.
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Companies operating in the Specialty Hospitals Market-
1. Encompass Health Corporation
2. Kindred Healthcare Inc
3. Memorial Sloan-Kettering
4. Steward Health Care System LLC
5. Belhoul Speciality Hospital
6. Advanced Specialty Hospitals
7. HCA Management Services L.P
8. TH Medica, Community Health Systems, Inc.
9. Universal Health Services, Inc.
10. Select Medical Corporation (Kessler Institute for Rehabilitation)
The hospitals listed above has taken various strategic steps to hold their position in the market. For instance, in November, 2016 Kessler Institute for Rehabilitation acquired Marlton Rehabilitation Hospital to expand their business. Similarly, Community Health Systems announced a definitive agreement to sell the assets of Ocala, Florida Hospital. Thus, owing to such strategic move has helped hospitals to grow and provide better medical health and services to their patients. Whereas, the specialty hospitals market is likely to propel in the future due to the increasing number of the private hospitals.
The report highlights the trends prevalent in the global specialty hospitals market and the factors driving the market along with those that act as deterrents to its growth. The market is expected to grow due to the increasing incidences of chronic diseases, growing public private partnership in healthcare industry and growing geriatric population are boosting growth of specialty hospital market. However, high costs of specialty hospitals and rising concerns over specialty hospitals is anticipated to restrain the market growth.
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The ageing population is growing every day, the need for inpatient care will witness huge growth. With the number of patients rising, micro-hospitals are steadily evolving. Micro hospitals deliver highly effective treatment in a low-cost setting. The hospital focuses on the community needs and operates within a compact clinical and administration framework. The hospitals facilities range from 15,000 to 60,000 square feet and hospitals offer eight to twelve beds. These smaller facilities provide lower-cost treatment options for patients as compared to the larger hospitals. Micro hospitals offer same services and short hospital stay, thereby reducing the patient cost. As there are lower number of beds, the micro hospitals offer personalized care. Facilities such as micro-hospitals, psychiatric hospitals and other specialty hospitals offer lower cost, patient-centric treatment that is more highly tailored according to the patient needs. Micro-hospitals are better option where there is little or no access to acute or emergency care. Thus, due to these advantages micro hospitals seem to be gaining a foothold and have been springing up in multiple regions. With growing popularity for the micro hospitals to provide cost effective solutions to the patients. The healthcare industry is likely to experience the positive outcomes in the coming future.
The objective of the study is to describe, define, and forecast the specialty hospitals market by type. The report also provide detailed information regarding the major factors influencing growth of the market (drivers, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall market.
The specialty hospitals market report analyzes factors affecting specialty hospitals market from both demand side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, , opportunities, and future trend. The report provides the analysis for the every segment in detail across all the regions such as North America, Europe, Asia Pacific, Middle East & Africa and South and Central America.
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About Us - The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Healthcare IT, Biotechnology and Medical Device industries.
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Phone : +1-646-491-9876
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