Private Hospital Global Market Report 2024

Description

Private Hospital Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on private hospital market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for private hospital? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The private hospital market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Category: Children's Hospital; Multispecialty Hospitals; Acute Care Hospitals; Specialty Hospitals
2) By Capacity: Large (>500 Beds); Medium (100 Beds-500 Beds); Small (100 Beds)
3) By Location: Rural; Urban
Companies Mentioned: Toulon Hyeres Private Hospital; Deaconesses Croix Saint; Nuffield Health; London Bridge Healthcare; Ramsay Health Care
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

A private hospital denotes a profit-driven establishment providing healthcare services funded and operated by an individual owner or a corporate entity. These hospitals cater to medical and surgical treatments for patients requiring healthcare, operating independently of public funding.

Private hospitals encompass various categories such as children's hospitals, multispecialty hospitals, acute care hospitals, and specialty hospitals. Children's hospitals specifically comprise trained personnel specializing in pediatric care, addressing acute and long-term medical needs of kids. Private hospitals vary in capacity, typically categorized as large, medium, or small. Location-wise, they can be situated in rural or urban areas.

The private hospital market research report is one of a series of new reports from The Business Research Company that provides private hospital market statistics, including private hospital industry global market size, regional shares, competitors with a private hospital market share, detailed private hospital market segments, market trends and opportunities, and any further data you may need to thrive in the private hospital industry. This private hospital market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The private hospital market size has grown rapidly in recent years. It will grow from $3168.57 billion in 2023 to $3667.59 billion in 2024 at a compound annual growth rate (CAGR) of 15.7%. The growth observed during the historical period can be attributed to competitive market dynamics, disease prevalence, healthcare consumerism, the demand for treatment, recruitment of healthcare professionals, and the emphasis on quality and accreditation within the healthcare sector.

The private hospital market size is expected to see rapid growth in the next few years. It will grow to $6489.38 billion in 2028 at a compound annual growth rate (CAGR) of 15.3%. The projected growth in the forecast period is driven by healthcare digitization, an aging population, the expansion of health insurance coverage, increased disposable income, and the growth of medical tourism. Notable trends expected during this period comprise technology integration, the expansion of telemedicine, advancements in data analytics and AI, a focus on healthcare staff well-being, the development of precision medicine, and the implementation of population health management

The rise in mortality rates due to chronic diseases is expected to drive the expansion of the private hospital market. Chronic diseases, necessitating ongoing medical attention lasting a year or more, have resulted in an alarming global death toll. Statistics from the World Health Organization in April 2021 highlighted that approximately 41 million people succumb annually to chronic diseases, constituting nearly 71% of all global deaths. This surge in chronic disease-related fatalities underpins the growth trajectory of the private hospital market.

The burgeoning trend of medical tourism is poised to significantly influence the growth of the private hospital market. Medical tourism, where individuals seek treatment or healthcare services abroad, has seen a substantial rise owing to the allure of private hospitals. These establishments offer high-quality care, reduced wait times, comprehensive healthcare packages, and specialized services, enhancing their appeal to medical tourists. For instance, in August 2023, data from Travelperk indicated a substantial influx of 34,000 foreign visitors to the UK in 2021 for medical treatments, emphasizing the pivotal role of medical tourism in propelling the private hospital market.

Technological advancements stand as a pivotal trend within the private hospital sector. Leading market players are increasingly investing in advanced medical technologies to bolster their position. For example, in June 2022, Sharp Sight Eye Hospitals, in collaboration with Logy.AI, introduced an AI-based screening solution with 92% accuracy for on-the-spot identification of cataracts. Leveraging artificial intelligence via a simple chatbot on WhatsApp, this solution facilitates early screening and timely treatment, highlighting the role of tech innovation in private hospitals.

Major private hospital entities focus on innovative offerings, such as launching multi-specialty hospitals, to drive revenue growth. For instance, in October 2023, Aster DM Healthcare inaugurated a 506-bed hospital in India, featuring cutting-edge medical facilities like Intra Operative Electron Radiation Therapy (IOERT) for precision cancer treatment. The hospital boasts advanced medical technology, including a full-room digital radiography system, a hybrid biplane catheter, and state-of-the-art operating theaters, signifying the importance of sophisticated medical infrastructure in the market.

Ramsay Healthcare's acquisition of Elysium Healthcare for £775 million ($915.6 million) in February 2022 marks a significant move in the private healthcare sector. This acquisition positions Ramsay Healthcare within the UK mental health hospital network, paving the way for potential organic and inorganic expansion opportunities while enhancing service provisions in the UK. Elysium Healthcare, a UK-based mental health service provider, represents a strategic investment for Ramsay Healthcare's growth and diversification initiatives.

Major companies operating in the private hospital market report are Toulon Hyeres Private Hospital, Deaconesses Croix Saint, Nuffield Health, London Bridge Healthcare, Ramsay Health Care, HCA Healthcare Inc., Spire Healthcare Group PLC, Meoclinic GmbH, Fortis Healthcare Limited, Fresenius SE & Co. KGaA, Life Healthcare Group, Max Superspecialty Hospital Group, Apollo Hospitals Enterprise Ltd., IASIS Healthcare LLC, Ascension Health, Community Health Systems Inc., Universal Health Services Inc., Tenet Healthcare Corporation, LifePoint Health Inc., Kindred Healthcare LLC, Encompass Health Corporation, Acadia Healthcare Company, Select Medical Holdings Corporation, Universal Health Realty Income Trust, Medical Properties Trust Inc., National Healthcare Corporation, Surgery Partners Inc., Surgery Care Affiliates Inc., Surgery Center Holdings LLC, IHH Healthcare Berhad

North America was the largest region in the private hospital market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the private hospital market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the private hospital market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The private hospital market includes revenues earned by entities by caregiver support services, clinical assessments, home health aides, health care escorts, and private nursing care. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r12977

1. Executive Summary

2. Private Hospital Market Characteristics

3. Private Hospital Market Trends And Strategies

4. Private Hospital Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Private Hospital Market Size and Growth

5.1. Global Private Hospital Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Private Hospital Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Private Hospital Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Private Hospital Market Segmentation

6.1. Global Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Children's Hospital
Multispecialty Hospitals
Acute Care Hospitals
Specialty Hospitals
6.2. Global Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Large (>500 Beds)
Medium (100 Beds-500 Beds)
Small (100 Beds)
6.3. Global Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Rural
Urban

7. Private Hospital Market Regional And Country Analysis

7.1. Global Private Hospital Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Private Hospital Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Private Hospital Market

8.1. Asia-Pacific Private Hospital Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Private Hospital Market

9.1. China Private Hospital Market Overview
9.2. China Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Private Hospital Market

10.1. India Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Private Hospital Market

11.1. Japan Private Hospital Market Overview
11.2. Japan Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Private Hospital Market

12.1. Australia Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Private Hospital Market

13.1. Indonesia Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Private Hospital Market

14.1. South Korea Private Hospital Market Overview
14.2. South Korea Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Private Hospital Market

15.1. Western Europe Private Hospital Market Overview
15.2. Western Europe Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Private Hospital Market

16.1. UK Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Private Hospital Market

17.1. Germany Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Private Hospital Market

18.1. France Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Private Hospital Market

19.1. Italy Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Private Hospital Market

20.1. Spain Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Private Hospital Market

21.1. Eastern Europe Private Hospital Market Overview
21.2. Eastern Europe Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Private Hospital Market

22.1. Russia Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Private Hospital Market

23.1. North America Private Hospital Market Overview
23.2. North America Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Private Hospital Market

24.1. USA Private Hospital Market Overview
24.2. USA Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Private Hospital Market

25.1. Canada Private Hospital Market Overview
25.2. Canada Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Private Hospital Market

26.1. South America Private Hospital Market Overview
26.2. South America Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Private Hospital Market

27.1. Brazil Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Private Hospital Market

28.1. Middle East Private Hospital Market Overview
28.2. Middle East Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Private Hospital Market

29.1. Africa Private Hospital Market Overview
29.2. Africa Private Hospital Market, Segmentation By Category, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Private Hospital Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Private Hospital Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Private Hospital Market Competitive Landscape And Company Profiles

30.1. Private Hospital Market Competitive Landscape
30.2. Private Hospital Market Company Profiles
- 30.2.1. Toulon Hyeres Private Hospital
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Deaconesses Croix Saint
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Nuffield Health
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. London Bridge Healthcare
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Ramsay Health Care
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Private Hospital Market Competitive Benchmarking

32. Global Private Hospital Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Private Hospital Market

34. Private Hospital Market Future Outlook and Potential Analysis

34.1 Private Hospital Market In 2028 - Countries Offering Most New Opportunities
34.2 Private Hospital Market In 2028 - Segments Offering Most New Opportunities
34.3 Private Hospital Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer