Global Hospitals and Outpatient Care Centers Market to Reach US$4.4 Trillion by the Year 2027
Amid the COVID-19 crisis, the global market for Hospitals and Outpatient Care Centers estimated at US$3.3 Trillion in the year 2020, is projected to reach a revised size of US$4.4 Trillion by 2027, growing at a CAGR of 4.3% over the period 2020-2027.
The U.S. Accounts for Over 28.8% of Global Market Size in 2020, While China is Forecast to Grow at a 7.1% CAGR for the Period of 2020-2027
The Hospitals and Outpatient Care Centers market in the U.S. is estimated at US$938.7 Billion in the year 2020. The country currently accounts for a 28.84% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$775 Billion in the year 2027 trailing a CAGR of 7.1% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 3.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR while Rest of European market (as defined in the study) will reach US$775 Billion by the year 2027.We bring years of research experience to this 8th edition of our report. The 142-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.Competitors identified in this market include, among others,
- DaVita, Inc.
- Johns Hopkins Medicine
- Kaiser Permanente
- Mayo Clinic
- Memorial Sloan Kettering Cancer Center
- National Health Service
- St. Jude Children’s Research Hospital
- The University of Texas MD Anderson Cancer Center
- University of Maryland Medical Center (UMMC)