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Hospitals And Clinics Market Impressive Growth, Opportunities And Future Forecast Till 2022 | Global Business Insights
The global hospitals and clinics market reached a value of nearly $3,693.4 billion in 2018, having grown at a compound annual growth rate (CAGR) of 8.2% since 2014.
The key drivers of the hospitals & clinics market include:
Increase In Lifestyle Diseases – Changes in lifestyles and increases in the number of sedentary jobs are transforming the disease profile of the world population. Non-communicable diseases such as cancer, diabetes and cardio vascular diseases are increasing in prevalence. Increasing lifestyle diseases are expected to be a major driver of the hospitals and clinics market.
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Hospitals & Clinics Market Segmentation:
The hospitals & clinics market is segmented by service provider, by end-user gender, and by geography
By Service Type- The hospitals & clinics market is segmented by service provider into
1) Hospitals
2) Clinics
The hospitals market accounted for the largest share of the hospitals and clinics market in 2018 at 84.1%. The clinics market is expected to be the fastest-growing segment going forward at a CAGR of 11.5%.
By End User Gender- The hospitals & clinics market is segmented by end-user gender into
1) Female
2) Male
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By Geography - The hospitals and clinics market is segmented into
1. North America
2. Western Europe
3. Asia Pacific
4. Eastern Europe
5. South America
6. Middle East
7. Africa
Some of the major key players involved in the hospitals and clinics market are
1. National Health Service
2. Kaiser Permanente
3. Fresenius Medical Care AG & Co. KGaA
4. DaVita Inc.
5. Universal Health Services, Inc
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