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GLOBAL HOSPITAL MARKET
FORECAST & OPPORTUNITIES
2016 – 2026
MARKET INTELLIGENCE . CONSULTING
www.techsciresearch.com
2
Scope of ReportProduct of Interest (POI): Hospital
Review Period
2016 – 2019
Base Year
2020
Estimated Year
2021
Forecast Period
2022 – 2026
Year Range
A hospital is a health care institution providing patienttreatment with specialized medical and nursing staff andmedical equipment.
Market Segmentation
BED CAPACITY
• Up to 100 beds
• 100-500 beds
• Above 500 beds
REGION
• Europe
• North America
• South America
• Middle East & Africa
• Asia Pacific
TYPE
Ownership
• Public
• Private
• General
• Specialty
• Multi-Speciality
HOSPITAL MARKET
TYPE OF SERVICES
• In-Patient Services
• Out-Patient Services
3
Table of Contents
S. No. Contents Page No.
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
5. Global Hospital Market Outlook, 2016-2026F
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Ownership (Public v/s Private)
5.2.2. By Type (General, Specialty, Multi-Speciality)
5.2.3. By Type of Services (In-Patient Services v/s Out-Patient Services)
5.2.4. By Bed Capacity (Up to 100 beds, 100-500 beds, Above 500 beds)
5.2.5. By Company (2020)
5.2.6. By Region
5.3. Market Map
6. Asia-Pacific Hospital Market Outlook, 2016-2026F
6.1. Market Size & Forecast
4
Table of Contents
S. No. Contents Page No.
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Ownership
6.2.2. By Type
6.2.3. By Type of Services
6.2.4. By Bed Capacity
6.2.5. By Country
6.3. Asia-Pacific: Country Analysis
6.3.1. China Hospital Market Outlook, 2016-2026F
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Ownership
6.3.1.2.2. By Type
6.3.1.2.3. By Type of Services
6.3.1.2.4. By Bed Capacity
6.3.2. India Hospital Market Outlook, 2016-2026F
5
Table of Contents
S. No. Contents Page No.
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Ownership
6.3.2.2.2. By Type
6.3.2.2.3. By Type of Services
6.3.2.2.4. By Bed Capacity
6.3.3. Japan Hospital Market Outlook, 2016-2026F
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Ownership
6.3.3.2.2. By Type
6.3.3.2.3. By Type of Services
6.3.3.2.4. By Bed Capacity
6.3.4. South Korea Hospital Market Outlook, 2016-2026F
6.3.4.1. Market Size & Forecast
6
Table of Contents
S. No. Contents Page No.
6.3.4.1.1. By Value
6.3.4.2. Market Share & Forecast
6.3.4.2.1. By Ownership
6.3.4.2.2. By Type
6.3.4.2.3. By Type of Services
6.3.2.2.4. By Bed Capacity
6.3.5. Australia Hospital Market Outlook, 2016-2026F
6.3.5.1. Market Size & Forecast
6.3.5.1.1. By Value
6.3.5.2. Market Share & Forecast
6.3.5.2.1. By Ownership
6.3.5.2.2. By Type
6.3.5.2.3. By Type of Services
6.3.5.2.4. By Bed Capacity
6.3.6. Singapore Hospital Market Outlook, 2016-2026F
6.3.6.1. Market Size & Forecast
6.3.6.1.1. By Value
7
Table of Contents
S. No. Contents Page No.
6.3.6.2. Market Share & Forecast
6.3.6.2.1. By Ownership
6.3.6.2.2. By Type
6.3.6.2.3. By Type of Services
6.3.6.2.4. By Bed Capacity
7. Middle East and Africa Hospital Market Outlook, 2016-2026F
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Ownership
7.2.2. By Type
7.2.3. By Type of Services
7.2.4. By Bed Capacity
7.2.5. By Country
7.3. Middle East and Africa: Country Analysis
7.3.1. South Africa Hospital Market Outlook, 2016-2026F
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
8
Table of Contents
S. No. Contents Page No.
7.3.1.2.1. By Ownership
7.3.1.2.2. By Type
7.3.1.2.3. By Type of Services
7.3.1.2.4. By Bed Capacity
7.3.2. Saudi Arabia Hospital Market Outlook, 2016-2026F
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Ownership
7.3.2.2.2. By Type
7.3.2.2.3. By Type of Services
7.3.2.2.4. By Bed Capacity
7.3.3. UAE Hospital Market Outlook, 2016-2026F
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Ownership
7.3.3.2.2. By Type
7.3.3.2.3. By Type of Services
7.3.3.2.4. By Bed Capacity
9
Table of Contents
S. No. Contents Page No.
7.3.4. Kuwait Hospital Market Outlook, 2016-2026F
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Ownership
7.3.4.2.2. By Type
7.3.4.2.3. By Type of Services
7.3.4.2.4. By Bed Capacity
8. North America Hospital Market Outlook, 2016-2026F
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Ownership
8.2.2. By Type
8.2.3. By Type of Services
8.2.4. By Bed Capacity
8.2.5. By Country
8.3. North America: Country Analysis
8.3.1. United States Hospital Market Outlook, 2016-2026F
8.3.1.1. Market Size & Forecast
10
Table of Contents
S. No. Contents Page No.
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Ownership
8.3.1.2.2. By Type
8.3.1.2.3. By Type of Services
8.3.1.2.4. By Bed Capacity
8.3.2. Mexico Hospital Market Outlook, 2016-2026F
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Ownership
8.3.2.2.2. By Type
8.3.2.2.3. By Type of Services
8.3.2.2.4. By Bed Capacity
8.3.3. Canada Hospital Market Outlook, 2016-2026F
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
11
Table of Contents
S. No. Contents Page No.
8.3.3.2.1. By Ownership
8.3.3.2.2. By Type
8.3.3.2.3. By Type of Services
8.3.3.2.4. By Bed Capacity
9. South America Hospital Market Outlook, 2016-2026F
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Ownership
9.2.2. By Type
9.2.3. By Type of Services
9.2.4. By Bed Capacity
9.2.5. By Country
9.3. South America: Country Analysis
9.3.1. Brazil Hospital Market Outlook, 2016-2026F
9.3.1.1. Market Size & Forecast
9.3.1.1.1 By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Ownership
12
Table of Contents
S. No. Contents Page No.
9.3.1.2.2. By Type
9.3.1.2.3. By Type of Services
9.3.1.2.4. By Bed Capacity
9.3.2. Argentina Hospital Market Outlook, 2016-2026F
9.3.2.1. Market Size & Forecast
9.3.2.1.1 By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Ownership
9.3.2.2.2. By Type
9.3.2.2.3. By Type of Services
9.3.2.2.4. By Bed Capacity
9.3.3. Colombia Hospital Market Outlook, 2016-2026F
9.3.3.1. Market Size & Forecast
9.3.3.1.1 By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Ownership
9.3.2.2.2. By Type
9.3.2.2.3. By Type of Services
9.3.2.2.4. By Bed Capacity
13
Table of Contents
S. No. Contents Page No.
10. Europe Hospital Market Outlook, 2016-2026F
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Ownership
10.2.2. By Type
10.2.3. By Type of Services
10.2.4. By Bed Capacity
10.2.5. By Country
10.3. Europe: Country Analysis
10.3.1. France Hospital Market Outlook, 2016-2026F
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Ownership
10.3.1.2.2. By Type
10.3.1.2.3. By Type of Services
10.3.1.2.4. By Bed Capacity
10.3.2. United Kingdom Hospital Market Outlook, 2016-2026F
10.3.2.1. Market Size & Forecast
14
Table of Contents
S. No. Contents Page No.
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Ownership
10.3.2.2.2. By Type
10.3.2.2.3. By Type of Services
10.3.2.2.4. By Bed Capacity
10.3.3. Germany Hospital Market Outlook, 2016-2026F
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Ownership
10.3.3.2.2. By Type
10.3.3.2.3. By Type of Services
10.3.3.2.4. By Bed Capacity
10.3.4. Spain Hospital Market Outlook, 2016-2026F
10.3.4.1. Market Size & Forecast
10.3.4.1.1 By Value & Volume
10.3.4.2. Market Size & Forecast
10.3.4.2.1. By Ownership
15
Table of Contents
S. No. Contents Page No.
10.3.4.2.2. By Type
10.3.4.2.3. By Type of Services
10.3.4.2.4. By Bed Capacity
10.3.5. Italy Hospital Market Outlook, 2016-2026F
10.3.5.1. Market Size & Forecast
10.3.5.1.1 By Value
10.3.5.2. Market Size & Forecast
10.3.5.2.1. By Ownership
10.3.5.2.2. By Type
10.3.5.2.3. By Type of Services
10.3.5.2.4. By Bed Capacity
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
13. Impact of COVID-19 on Global Hospital Market
16
Table of Contents
S. No. Contents Page No.
14. Competitive Landscape
14.1. Ramsay Health Care
14.2. Community Health Systems, Inc.
14.3. Spire Healthcare Group plc
14.4. Tenet Healthcare Corporation
14.5. Universal Health Services, Inc.
14.6. IHH Healthcare Berhad (Fortis Healthcare Limited)
14.7. Apollo Hospitals Enterprise Limited
14.8. HCA Healthcare
14.9. Fresenius SE (Helios and Vamed)
14.10. ORPEA Group
14.11. Netcare Limited
14.12. Aster DM Healthcare Limited
15. Strategic Recommendations
16. About Us & Disclaimer
RESEARCH METHODOLOGY
18
Research Methodology
✓ Identifying Key Opinion
Leaders
✓ Questionnaire Design
✓ In-depth Interviews
Data Collection
Developing List of Respondents
Formulating Questionnaire
Market Profiling
Data Validation
Data Analysis
In-depth secondary research was conducted to
determine top players in the global hospital market,
overall market size and segmental market size.
In order to conduct industry experts’
interviews, TechSci formulated a detailed
discussion guide.
List of industry players and industry
specialists was developed.
TechSci conducted interviews with
industry experts and industry players for data collection and
verification.
Data obtained as a result of primary and secondary research was
validated through rigorous
triangulation.
The data was scrutinized using MS-Excel, statistical
tools and internal proprietary database to obtain qualitative and
quantitative insights about the global hospital market.
Data
Collection
Data Filter
& AnalysisResearch &
Intelligence
Actionable
InsightsBusiness
Solution
Primary Research Desk Research Company Analysis
✓ Recent Developments
✓ Market Changing
Aspects/Dynamics
✓ Government Policies
✓ Conclusion
✓ Market Participants
✓ Key Strengths
✓ LinkedIn✓ TechSci Internal
Database
✓ Factiva✓ Hoovers
Paid Sources
✓ Company Websites✓ Company Annual
Reports✓ White Paper Study✓ Financial Reports✓ Investor
Presentations✓ Regulatory Body✓ Associations, etc.
Secondary Research
Primary Research
19
Research Methodology
Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of the global hospital market. The team has analyzed the outlook
of various segments of this market, while considering the major influencing factors such as growing geriatric population suffering from various chronic
diseases including cancer, diabetes, cardiovascular diseases, renal disorders, among others. The study includes market forecasting, which would enable
our clients to take better decisions while planning their strategy to achieve sustainability in the global hospital market.
Methodology Followed for Calculation of Market Size:
• Market Size by Value & Volume : Market size, in terms of value, for the year 2020 was calculated based on information collected through
exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as hospitals, channel partners, market
influencers & end users, industry experts, and other industry participants.
• The team interviewed more than 15 – 20 hospital, 100 – 120 end users, and 15 – 20 industry experts and other value chain stakeholders in the global
hospital market to obtain the overall market size from 2016 to 2020, which was validated by the Delphi technique. Taking standard deviation into
consideration, the market size was averaged out, to arrive at the market size data during 2016-2020.
20
Research Methodology
• Respondents were asked about the current and future market growth rates, market shares by ownership, by type, by type of service, by bed
capacity, by company and by each region. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue
shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various type were
further triangulated from other stakeholders.
Methodology Followed for Calculation of Market Shares:
• Market shares by ownership, by type, by type of service, by bed capacity, by company and by each region were calculated based on the responses
received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from
various types of hospital. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after
eliminating the outliers.
Methodology Followed for Forecasting:
• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in
SPSS/Tableau Software.
• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global hospital
market, TechSci Research used various forecast techniques such as:
✓ Moving Average
✓ Time Series Analysis
✓ Regression Analysis
✓ Econometric and Judgmental Analysis
21
Research Methodology
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used
the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that
the figures compiled are only for the organized market including market share data. The currency used in the report is the United States Dollar (USD),
with the market size indicated in USD million.
Partial List of Companies Interviewed Key Secondary Sources
▪ Ramsay Health Care
▪ Community Health Systems, Inc.
▪ Spire Healthcare Group plc
▪ Tenet Healthcare Corporation
▪ Universal Health Services, Inc.
▪ IHH Healthcare Berhad (Fortis Healthcare
Limited)
▪ Apollo Hospitals Enterprise Limited
▪ HCA Healthcare
▪ Fresenius SE (Helios and Vamed)
▪ ORPEA Group
▪ Netcare Limited
▪ Aster DM Healthcare Limited
▪ World Bank
▪ TechSci Research Proprietary Database & Knowledge
Repository
▪ Company Annual Reports
▪ Industry Magazines
▪ Industry Reports
▪ News Dailies
▪ Credible Paid Databases
22
Industry Brief
According to TechSci Research report, “Global Hospital Market, By Ownership (Public v/s Private), By Type (General, Specialty, Multi-
Speciality), By Type of Services (In-Patient Services v/s Out-Patient Services), By Bed Capacity (Up to 100 beds, 100-500 beds, Above 500
beds), By Company, By Region (North America, South America, Asia Pacific, Middle East & Africa, Europe), Forecast & Opportunities,
2026”, Global Hospital Market stood at USD4207.46 billion in 2020 and is expected to grow at CAGR of 6.70% during the forecast period. Health
insurance plans covering the treatment cost in developed countries is a major factor contributing the growth of global hospital market. Quality
healthcare professionals providing efficient treatment and presence of global players in the hospital industry is expected to boost the global
hospital market growth. Also, the surge in the demand for psychiatry services and mental wellness hospitals among youth to cope up with busy
lifestyle is anticipated to boost the global hospital market growth throughout the forecast period. Increasing awareness towards mental and
physical well-being and rise in the geriatric population world-wide is fueling the global hospital market growth.
Global hospital market has been segmented based on ownership, type, type of services, bed capacity, region, and company. Based on type of
services, global hospital market can be classified into in-patient services and out-patient services. In-patient services segment dominated the
overall market in 2020 with a share of 55.99%. In-patient services are hospitalization procedures including patient stay which is expected to play
a major role to generate market revenue. However, with advent of technologies and discoveries for quick and efficient treatment coupled with
shorter recovery time for surgeries is reducing the time for patient stay in the hospitals. Out-patient services consisting of remote consultations
and telemedicine are expected to witness significant growth during the forecast period. Increase in the convenience and great recovery results
are other factors leading to the growth of the global hospital market growth.
Some of the leading players in global hospital market are Ramsay Health Care, Community Health Systems, Inc., Spire Healthcare Group plc,
Tenet Healthcare Corporation, Universal Health Services, Inc., IHH Healthcare Berhad (Fortis Healthcare Limited), Apollo Hospitals Enterprise
Limited, HCA Healthcare, Fresenius SE (Helios and Vamed), ORPEA Group, Netcare Limited, and Aster DM Healthcare Limited. In order to
expand their market share, the companies adopt new product launches, collaborations, conduction of periodic sales and many more strategies.
The growth of the global hospital market owing to increase in the affordability of hospital services coupled with emerging diseases in the
prevailing conditions is aiding market growth which eventually increase the competition amongst themselves and give out more positive
outcomes.
“Proliferation of internet across the globe and emergence of new technologies owing to huge investments in healthcare sector is expected to
boost the market. Also, technological breakthroughs with adoption of digital healthcare technologies such as artificial intelligence, big data
analytics, internet of medical things, among others to provide seamless service with real-time analytics is anticipated to boost the global hospital
market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
23
Sample Data - Snapshot
Global Hospital Market Size, By Value (USD Million), 2016–2026F
CAGR By Value
XX%CAGR By Value
YY%
5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 13.00 14.00 15.00
2016 2020 2021E 2026F
By Value (USD Million)
60%60%60%60%60%60%60%60%60%60%60%
40%40%40%40%40%40%40%40%40%40%40%
2016
2017
2018
2019
2020
2021E
2022F
2023F
2024F
2025F
2026F
Public Private
Asia-Pacific Hospital Market Share, By Ownership, By Value, 2016–2026F
India Hospital Market Share, By Type, By Value, 2016–2026F
40%40%40%40%40%40%40%40%40%40%40%
30%30%30%30%30%30%30%30%30%30%30%
30%30%30%30%30%30%30%30%30%30%30%
2016
2017
2018
2019
2020
2021E
2022F
2023F
2024F
2025F
2026F
General Specialty Multi- Speciality
24
Report Ordering
Report Name: GLOBAL HOSPITAL MARKET
FORECAST & OPPORTUNITIES2016 – 2026
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About Us & Disclaimer
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas
to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting
models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and
global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the
market.
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The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or
complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and firsthand.
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obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together
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