세계의 병원 시장 규모는 2024년에 5조 4,618억 1,000만 달러로 평가되었습니다. 2032년에는 8조 9,783억 5,000만 달러에 이를 것으로 예상되며, 2025년부터 2032년의 예측 기간 동안 CAGR은 6.41%를 나타낼 것으로 전망됩니다. 병원은 세계 사람들에게 필수적인 의료 및 서비스를 제공함으로써 사회에 필수적인 역할을 수행합니다. 헬스케어 시스템의 기반인 병원은 구급 부문과 전문 치료를 포함한 다양한 서비스를 지역사회에 제공하고 개인의 건강과 안전을 지키는 데 필수적입니다. 전문의료에 대한 수요 증가, 환자 중심의 의료에 대한 주목의 높아짐, 의료 투어리즘의 대두 등, 몇가지 요인이 예측 기간중 시장을 견인하고 있습니다. 또한 인구의 급속한 증가, 만성 질환의 유병률 증가, 건강과 웰빙에 대한 의식 증가도 시장 성장에 박차를 가하고 있습니다.
헬스케어 서비스에 대한 요구도 특히 부유국에서의 고령화에 의해 높아지고 있습니다. 평균 수명이 연장됨에 따라 만성 질환을 앓고 있는 노인을 돌보는 병원과 의료기관 수요가 높아지고 있습니다. 정부와 개인은 건강 관리에 대한 지출을 늘리고 있으며, 이는 병원 시장 확대에 박차를 가하고 있습니다. 최첨단 진단 도구, 수술 장비 및 치료 기술의 혁신은 환자의 예후를 개선했을 뿐만 아니라 병원이 제공할 수 있는 서비스의 범위를 넓혀줍니다. 이것은 최첨단 치료와 치료를 요구하는 환자를 끌어들이고 시장 성장을 더욱 뒷받침하고 있습니다.
모든 부문은 해당 지역 및 국가에서 제공됩니다.
위에 언급된 회사는 시장 점유율에 따른 순위를 보유하지 않으며 조사 작업 중 이용 가능한 정보에 따라 변경될 수 있습니다.
Global Hospital Market size was valued at USD 5,461.81 billion in 2024 which is expected to reach USD 8,978.35 billion in 2032 with a CAGR of 6.41% for the forecast period between 2025 and 2032. Hospitals play an integral part in society by providing essential medical care and services to the population worldwide. They are the foundation of the healthcare system and are essential for preserving the wellbeing and safety of individuals by offering a range of services to the community, including emergency departments and specialty therapies. Several factors such as growing demand for specialized care, increasing focus on patient-centered care, and the emergence of medical tourism are driving the market during the forecast period. Additionally, rapid population growth, rising prevalence of chronic diseases and increased awareness of health and wellness also add to the market growth.
The need for healthcare services is also driven by an aging population, especially in wealthy nations. The demand for hospitals and medical institutions to care for elderly people with chronic diseases has increased due to longer life expectancies. Governments and private individuals are spending more on healthcare, which is fueling the hospital market's expansion. Cutting-edge diagnostic tools, surgical equipment, and therapeutic innovations have not only improved patient outcomes but have also expanded the scope of services that hospitals can offer. This attracts patients seeking state-of-the-art treatments and procedures, further driving the market growth.
Advancements in Medical Technologies
The worldwide hospital market is expanding as a result of improvements in patient outcomes, cost savings, and increased productivity owing to the advancements in medical technology. Healthcare professionals reach more patients and deliver higher-quality treatment because of innovations in telemedicine, robotic surgery, artificial intelligence, and wearable technology. These technologies will become more crucial to the future of healthcare as they develop further. Access to treatment for those living in rural or underserved regions is improved via telemedicine, which enables patients to communicate with medical professionals remotely.
For instance, the University of Mississippi Medical Center employs telemedicine to treat stroke victims in the state's outlying regions. Similarly, Israel's Sheba Medical Center has implemented an AI-based predictive analytics system that analyses electronic health records, patient data, and genetic information to identify individuals at high risk of developing complications.
Rising Investments and Mergers in the Global Hospital Market
The global hospital market is witnessing a surge in investments, particularly through mergers and acquisitions. Healthcare providers and private investors are actively acquiring existing facilities to expand their market share and enhance service capabilities. This trend is especially prominent in emerging markets, where private healthcare providers are leveraging strategic acquisitions to accelerate growth. Investments are also focused on upgrading hospital infrastructure, adopting advanced medical technologies, and expanding specialized healthcare services. Cross-border acquisitions are increasing as hospital groups seek to establish a presence in high-growth regions such as Southeast Asia and the Middle East.
For instance, in November 2024, Thomson Medical Group (TMG), a Singapore-listed company, acquired Vietnam's largest private healthcare group, FV Hospital, for approximately USD381.4 million. This acquisition marks TMG's strategic entry into Vietnam's rapidly growing healthcare market, providing a significant presence in a country with a population of 98 million. The deal was secured after competitive bidding involving numerous global suitors. TMG's executive vice-chairman, Kiat Lim, emphasized that this move paves the way for further investments across Vietnam's healthcare value chain.
Increasing Burden of Chronic Diseases
The rising prevalence of chronic diseases is one of the major factors driving the growth of the global hospital market as an increase in cases of such conditions bolster the requirement for advanced medical services and long-term care as well as frequent hospitalizations. As per the estimates of the World Health Organization (WHO), approximately 17.9 million lives are lost every year to cardiovascular diseases.
The rising prevalence of conditions such as cardiovascular diseases and cancer are thus supporting the market's expansion as patients suffering from such conditions require frequent medical care and heavily rely on advanced diagnostic and treatment solutions often available in hospitals.
North America Dominates while APAC is Fastest Growing
Favorable healthcare policies, technological developments, growing number of specialty hospitals and inbound medical tourism are the major factors behind the largest market share of North America for hospitals. According to American Hospital Association (AHA), United States alone has more than 6,100 hospitals out of which 3,400 are urban community hospitals. More than 1,50,000 people visit United States every year to receive some form of treatment.
On the other hand, Asia-Pacific will be the fastest growing region for the hospitals market for the period under study owing to improvements in healthcare system, region's ageing population and improvements in technology. There are more than 25,000 hospitals in China (60% public and 40% private).
Government Initiatives
Several countries are known for their strong healthcare systems and government support for hospital facilities. They invest in infrastructure development, provide funding and subsidies, and implement policies that aim to improve healthcare access and quality. For instance, Norway spends 10.1% of its GDP on healthcare, making it one of the world's highest healthcare spenders. This totals USD 43 billion, or USD 7,900 per inhabitant in 2021. Approximately half of the medical equipment is sold to Norway's public hospital trusts, which account for 94% of all hospital stays. Similarly, in India, the Ministry of AYUSH has implemented a Centrally Sponsored Scheme of the National AYUSH Mission to provide cost-effective AYUSH Services by upgrading AYUSH Hospitals, Dispensaries, and AYUSH Educational Institutions, as well as establishing new AYUSH hospitals and teaching institutions and operationalizing 12,500 AYUSH Health & Wellness Centres.
Expansion of Specialized Services
The growing emphasis on specialist services is likely to be the primary driver among hospital service providers worldwide. Apollo Hospitals in India has built a network of specialized centers, including Apollo Cancer Institutes, Apollo Heart Institutes, and Apollo Institutes of Orthopaedics. To address specific medical disorders, these centers provide comprehensive and specialised care, utilising innovative technology and recognized professionals. Similarly, Germany is known for its highly specialized hospitals and centers of excellence. One notable example is the Charite - Universitatsmedizin Berlin, one of Europe's largest university hospitals. Charite is renowned for its specialized departments, including the Charite Comprehensive Cancer Center and Charite Center for Neurology. These specialized centers offer cutting-edge diagnostics, research, and multidisciplinary treatment options, attracting patients from both within Germany and internationally seeking specialized care in their respective fields. Specialty Hospital is the fastest growing category in North America followed by General hospitals.
Improving Access to Quality Care in Rural Areas
Hospitals are implementing telemedicine initiatives, mobile healthcare units, and partnerships with rural clinics to improve access to care for rural populations and address healthcare disparities. In the United States, the Federal Office of Rural Health Policy (FORHP) implements various initiatives to improve access to healthcare services in rural areas. These grants enable hospitals and clinics to establish telemedicine programs, connect with specialists in urban areas, and provide virtual consultations and follow-up care to patients in remote locations. Similarly, India's Mobile Medical Unit (MMUs) Programme is a collaboration of hospitals with community organizations or government agencies with the goal to provide healthcare to people's homes, particularly in rural, disadvantaged, and underserved areas.
Impact of COVID-19
The pandemic has brought about a never-before-seen rise in demand for medical services, particularly in nations with high infection rates. In order to treat COVID-19 patients, hospitals had to expand their capacity, which put a burden on all of their resources, including personnel, machinery, and supplies. While people try to avoid needless in-person trips to hospitals and clinics, the outbreak has also raised demand for telemedicine services.
On the other hand, the outbreak has had a negative impact on the financial viability of hospitals, particularly in nations where private insurance or individual contributions account for the majority of the cost of healthcare. Hospitals' income has decreased as a result of the pandemic's impact on elective surgeries and non-COVID-19-related treatments. Hospital finances have also been made more difficult by the rising costs of treating COVID-19 patients, which include the cost of purchasing personal protective equipment (PPE) and recruiting more employees.
Impact of Russia-Ukraine War
The global hospital market is significantly impacted by the ongoing war between Russia and Ukraine. Potential repercussions include the disruption of medical supply chains, an increase in demand for medical services, a decline in investments, an increase in healthcare expenses, and an effect on medical tourism. The intensity of these effects will depend on the scope and duration of the war, emphasizing the necessity for the healthcare sector to be on guard and flexible in response to circumstances.
Key Players Landscape and Outlook
Ongoing efforts of players operating in the hospital industry to enhance patient care, improve outcomes, and leverage technological advancements drive growth in the healthcare industry. Although, diversification and expansion are the key strategies adopted by most of the industry leaders. For example, HCA Healthcare, one of the largest hospital operators in the United States, has expanded its service offerings by acquiring ambulatory surgery centers, urgent care clinics, and outpatient facilities. This diversification allows HCA Healthcare to offer a comprehensive range of services to patients.
Apollo Hospitals, one of the largest healthcare providers in India, has expanded its services by establishing Apollo Cradle, a specialized maternity and childcare hospital chain. This expansion allows Apollo Hospitals to cater specifically to the needs of expectant mothers and children, offering comprehensive and specialized care in this domain.
Another example is Ramsay Health Care, a global hospital operator, which has expanded its services by acquiring and operating a network of rehabilitation hospitals. This diversification into rehabilitation services allows Ramsay Health Care to provide comprehensive care to patients recovering from surgeries, injuries, or medical conditions that require rehabilitation.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work