Hospitals And Outpatient Care Centers Market Global Briefing 2018

Hospitals And Outpatient Care Centers Market Global Briefing 2018

  • January 2018 •
  • 39 pages •
  • Report ID: 4940178
Hospitals and outpatient centers are medical facilities that provide diagnostic and medical treatment to patients with a wide range of medical conditions. Outpatient care centers offer medical care or treatment that does not require any overnight stay in a hospital or medical facility. Outpatient care may be carried out in a medical office or at hospital.

The hospital industry comprises general medical and surgical hospitals, psychiatric and substance abuse services, patient care services and specialty hospitals services providing diagnostic and treatment to inpatients with medical conditions.

Asia Pacific was the largest region in the hospitals and outpatient care centers market in 2017, accounting for around 31% market share. North America was the second largest region accounting for around 29% market share. Middle East was the smallest region accounting for around 3% market share.

Virtual care is considered to be one of the key trends shaping the hospitals and outpatient care centers market. Virtual care is provided through remote monitoring, using telemedicine and home monitoring technologies.

Virtual care technologies are being adopted by hospitals to ensure optimum utilization of resources and reduce operational expenditures, and is expected to cut costs for the hospital industry. Virtual consultations help in efficient use of resources as they are able to attend to more patients and deliver quality care in an environment which is comfortable and convenient for the patients. Patients with severe chronic and complex health conditions require follow-up visits post-surgery or procedures which can be provided through telehealth programs.

For example Kaiser Permanente uses videoconferencing to attend behavioral health issues.

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