Edge Computing in Healthcare Market Expected to Cross

The Hospitals And Outpatient Care Centers Global Market Report 2023 by The Business Research Company, provides hospitals and outpatient care centers market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

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According to The Business Research Company’s Hospitals And Outpatient Care Centers Global Market Report 2023, the market grew from $4,019.8 billion in 2022 to $4,262.62 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hospitals and outpatient care centers market is expected to grow to $5,203.57 billion in 2027 at a CAGR of 5.1%.

Access to healthcare services in developing countries is expected to improve. Effective implementation of health plans is the core reason for the improvement in healthcare access in many developing regions such as India, China and many Latin American countries.

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The hospitals and outpatient care centers market is segmented:

1) By Type: Hospitals, Outpatient Care Centers

2) By End User Gender: Male, Female

3) By Type of Expenditure: Public, Private

Subsegments Covered: General Medical And Surgical Hospitals, Specialty (except Psychiatric And Substance Abuse) Hospitals, Psychiatric And Substance Abuse Hospitals, Freestanding Ambulatory Surgical And Emergency Centers, HMO Medical Centers, All Other Outpatient Care Centers, Kidney Dialysis Centers, Outpatient Mental Health And Substance Abuse Centers, Family Planning Centers

Mobile and IoT technologies are being implemented by hospitals to provide information to various stakeholders in the hospital ecosystem. This technology offers real time visibility of patient health through active and passive data collection. This technology can monitor medical conditions and prevent life threatening diseases. Data generated through I0T devices is becoming critical for patient care managers, and patients to diagnose, track and treat medical conditions. Major hospitals adopting IoT technology in the USA include HCA, Mercy Virtual Care Centre, and Kaiser Permanente. Thus, this technology enables healthcare providers to make accurate and informed decisions on patients’ health.

The hospitals and outpatient care centers market report table of contents includes: