Micro-Hospitals Market is Estimated to Grow at a CAGR of 6.1% by 2024

CITY, Country, 2018-Oct-31 — /EPR Network/ —According to Goldstein Research, health systems are using micro hospitals to establish themselves in desirable markets that do not have enough demand for full-size hospitals and these micro hospitals are targeting urban and suburban areas where there are not enough hospitals to meet the demand. Micro hospitals are continuously gaining a foothold in states like Texas, Colorado, Nevada, and Arizona while chains like Dignity Health, a health system with facilities in Nevada, Arizona, and California, is also considering implementing the testing model in California. Global Micro-Hospitals Market is majorly growing in developed nations and North America has the largest market share which is likely to expand at a CAGR of 5.86% during the forecast period owing to the collaboration and partnership to increase the adaptation of micro-hospitals.

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Market Segmentation

On the basis of our in-depth analysis, global micro-hospitals market can be segmented as follows:

By Facilities

  • Physical therapy
  • Primary care
  • Rotating specialists
  • Surgery centers
  • On-site x-ray, CT and ultrasound

By Location

  • Tier-1 Cities
  • Tier-2 Cities
  • Tier-3 Cities

By End User

  • International Tourists
  • Corporates
  • Individuals

Based on Geography

  • North America (U.S. & Canada) Micro-Hospitals Market {Market Share (%), Market Size(USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Micro-Hospitals Market {Market Share (%), Market Size(USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden &RoE) Micro-Hospitals Market {Market Share (%), Market Size(USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Micro-Hospitals Market {Market Share (%), Market Size(USD Billion)}
  • The Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Micro-Hospitals Market {Market Share (%), Market Size(USD Billion)}

“Global Micro-Hospitals Market Outlook 2024” contains a detailed overview of the global micro-hospitals market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by facilities, by locations and by end users.

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Further, for the in-depth analysis, Global Micro-Hospitals Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as SCL Health, Emerus Holdings, Baylor Scott & White and Dignity etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report denotes the global micro-hospitals market past and present trends along with market projections that will assist industry consultants, technology providers, existing players searching for expansion opportunities, new players examining possibilities and other stakeholders to bring into line their market-centric approaches according to the ongoing and expected trends in the future.

Key queries countered in this global micro-hospitals market report

  • What is the global micro-hospitals market size by 2024 and what would be the expected growth rate of sales?
  • What are the micro-hospitals market trends?
  • What are the dynamics which are driving this market?
  • What are the major barriers to micro-hospitals market growth?
  • Who are the prominent vendors in this market space?
  • What are the market prospects for the current and entry level players?
  • What are the latest improvements and market strategies of the key players?

Industry Analysis by Facilities Type

Ultrasound Device

Ultrasound device is a device that uses high frequency sound waves to see the internal organ of the body. Also known as sonography, it helps the patients to visualize their kidney, liver and also the human fetus etc. The rise in number of chronic diseases such as cancer, asthma etc is propelling the market towards growth. Hospitals segment dominated the overall medical ultrasound devices market with a value of USD 2.5 billion in 2016 due to increase in demand for diagnostic equipment.

CT

Diagnostic radiology has been revolutionized by computed tomography (CT). The global diagnostic imaging market is projected to attain USD 40 billion by 2024, growing at the CAGR of 6.5% over the forecast period. The global CT market is expected to grow at the CAGR of 5% over the forecast period and valued USD 5.1 billion in 2016.

Medical Equipment Rental Market

Goldstein Research analyst forecast the Medical Equipment Rental Market size is set to reach USD 68.6 billion by 2024, at a CAGR of 6.2% over the forecast years. The private sector is likely to contribute 80-85 % of the USD 86 billion healthcare investment required by 2025.

Industry Analysis by End Users

Retail Clinics & In-Store Healthcare Market 

Retailers play a vital role in this new health marketplace with the leverage of having an existing customer base, brand loyalty, physical footprint, and health resources, they have an out-of-the-gate advantage. Analyst forecast the retail clinics & in-store healthcare market size is set to reach USD 10.25 billion by 2024,

United States Retail Clinics & In Store Healthcare Market

Retail clinics managed almost 10 million of patients annually that accounted for 10.2% of non-primary care outpatient visits in 2015 and health care savings valued USD 789 million owing to fact that retail clinics are affordable in comparison with other medical settings. Evolving role of clinics and pharmacy in US on the back of growing healthcare ecosystem is favoring the growth of U.S retail clinics & in store healthcare market

Veterinary Capital Equipment Market

Goldstein Research analyst forecast the veterinary capital equipment market size is set to reach USD 1.67 billion by 2025, at a CAGR of 6.45% over the forecast years.  According to American Veterinary Medical Association, in U.S., the number of veterinarians increases from 92,547 in 2011 to 107,995 in 2016 therefore growth in the number of veterinarians in the world is believed to impel the demand for veterinary capital equipment during the forecast period.

About Goldstein Research

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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts.

Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on healthcare industry analysis reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

Contact for more Info:

Steve Blade

(Global Sales Head)

USA: + 1-646-568-7747

Canada: 1-437-886-1181

UK: +44-203-318-6627

sales@goldsteinresearch.com

www.goldsteinresearch.com

Contact for more Info:

Steve Blade

(Global Sales Head)

USA: + 1-646-568-7747

Canada: 1-437-886-1181

UK: +44-203-318-6627

sales@goldsteinresearch.com

www.goldsteinresearch.com

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