Hospital Outsourcing Market by New Trends, Technology and Global Analysis for Forecast Period 2021-2030

An in-depth analysis of global Hospital Outsourcing Market has been recently published by Absolute Markets Insights. The market study report includes present market scenarios, historical records and future predictions. An accurate data of several market aspects such as type, application, and end user are included in the report for providing business knowledge to readers. Moreover, the study provides a complete overview of the competitive landscape of the industries.
Outsourcing is emerging as a prominent strategy for controlling the costs incurred for providing services such as catering, IT management and revenue management etc., amongst the healthcare facilities. A third-party contractor is given the responsibility of managing non-core services in the healthcare industry. As the contractor specializes in these services, the costs can be reduced considerably without the reduction in service quality. These factors are leading to the growth of the global hospital outsourcing market

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The COVID-19 pandemic is expected to have a positive impact on the global hospital outsourcing market in the coming years. This is due to the rise in outsourcing of services such as hybrid IT management, cleaning and disinfecting, security management, etc., as a result of the cost cutting initiatives amongst the private healthcare facilities. Specialized transportation services are also growing in demand, as added care is being taken during the transportation of the COVID-19 patients, as well as the elderly. Thus, the global hospital outsourcing market is expected to see significant growth due to the COVID-19 pandemic.

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Key Findings of the Report:
• In terms of revenue, global hospital outsourcing market was valued at US$ 217.51 Bn in 2021and is anticipated to grow at a CAGR of 12.82% over the forecast period.
• North America accounted for the highest market share in the global hospital outsourcing market in 2021. The higher number of both private and public hospitals in countries like the U.S. and Canada that are seeking outsourcing services, especially IT outsourcing, transportation outsourcing, security outsourcing, etc., is a major reason for the larger share of North America in the global hospital outsourcing market. Furthermore, the region contains numerous third-party hospital service providers.
• Large organizations were the most prominent outsourcers of hospital services, especially in regions like North America and the Middle East.

Some of the players operating in the hospital outsourcing market:
3M, ABM, ACC Medlink, AdvantEdge Healthcare Solutions, Allscripts Healthcare, LLC, Apollo Sindoori, Aramark, Cerner Corporation, CIRFOOD, Clean Team, Cleaning Services Group, Inc., e-care India, Fast Guard Service, First Class Valet, Flatworld Solutions Pvt. Ltd., Grupa Impel, Healthcare Resource Group, Inc., Integrated Medical Transport, Maxicus, ModivCare Solutions, LLC., OCS Group limited, Optum, Inc., R1 RCM, Inc., Red Bean Hospitality, Sodexo, SSR Techvision, Stathakis, The Budd Group, TRIMEDX, XPressGuards.com, amongst others.

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Global Hospital Outsourcing Market:
• By Hospital Size
o Small and Medium Hospitals
o Large Hospitals

• By Service Type
o Information Technology Services
o Clinical Services
o Insurance Verification Services
o Recruitment Services
o Business and Administration Services
o Facility Management and Security Services
o Revenue Management Services
o Marketing Services
o Catering and Cafeteria Services
o Transportation Services
o Others

• By Hospital Type
o Public Hospitals
o Private Hospitals

• By End-User
o Clinics
o Nursing Homes and Assisted Living
o General Medical & Surgical Hospitals
o Specialty Hospitals
o Emergency and Other Outpatient Care Centers
o Others
• By Region
o North America
 U.S
 Canada
 Mexico
 Rest of North America
o Europe
 France
 The UK
 Spain
 Germany
 Italy
 Nordic Countries
 Denmark
 Finland
 Iceland
 Sweden
 Norway
 Benelux Union
 Belgium
 The Netherlands
 Luxembourg
 Rest of Europe
o Asia Pacific
 China
 Japan
 India
 New Zealand
 Australia
 South Korea
 Southeast Asia
 Indonesia
 Thailand
 Malaysia
 Singapore
 Rest of Southeast Asia
 Rest of Asia Pacific
o Middle East and Africa
 Saudi Arabia
 UAE
 Egypt
 Kuwait
 South Africa
 Rest of Middle East & Africa
o Latin America
 Brazil
 Argentina
 Rest of Latin America

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