Hospital outsourcing involves assigning certain hospital processes to another vendor or specialized facility to support hospital processes and ensure smooth operations.
The main types of hospitals in the hospital outsourcing market are private and public. A private hospital refers to a hospital that is not owned by the government, these hospitals provide various types of services and activities conducted for the development and smooth function of hospitals. The various sizes of hospitals include small and medium hospitals and large hospitals that provide several services such as healthcare IT, clinical services, business services, transportation services, and others. The various end-users include nursing homes and assisted living, specialty hospitals, general medical and surgical hospitals, emergency and other outpatient care centers, and others.
The hospital outsourcing market research report is one of a series of new reports from The Business Research Company that provides hospital outsourcing market statistics, including hospital outsourcing industry global market size, regional shares, competitors with a hospital outsourcing market share, detailed hospital outsourcing market segments, market trends and opportunities, and any further data you may need to thrive in the hospital outsourcing industry. This hospital outsourcing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The hospital outsourcing market size has grown rapidly in recent years. It will grow from $415.51 billion in 2024 to $460.4 billion in 2025 at a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period can be attributed to cost containment, focus on core competencies, regulatory compliance, globalization, risk mitigation, quality improvement.
The hospital outsourcing market size is expected to see rapid growth in the next few years. It will grow to $695.55 billion in 2029 at a compound annual growth rate (CAGR) of 10.9%. The growth in the forecast period can be attributed to patient-centric services, increased complexity in healthcare services, flexibility and scalability, cybersecurity concerns, population health management. Major trends in the forecast period include technological advancements, digital transformation, rise of business process outsourcing (BPO) in healthcare, growing adoption of IT outsourcing, focus on revenue cycle management outsourcing.
The rising number of diabetic patients in hospitals is anticipated to drive the growth of the hospital outsourcing market in the coming years. Hospitals often turn to outsourcing services when patient numbers increase and their existing infrastructure cannot accommodate the demand. This trend is largely due to the surge in chronic illnesses such as diabetes and cardiovascular disease, which leads to more hospital admissions and puts additional pressure on medical procedures. For example, in April 2023, Diabetes UK, a UK-based trade association, reported that approximately 4.3 million individuals in the UK are currently diagnosed with diabetes. Data from the 2021-22 registration period indicates an increase of 148,951 cases compared to 2020-21. Furthermore, over 2.4 million people are identified as being at high risk of developing type 2 diabetes. Thus, the growing flow of diabetic patients in hospitals is driving the expansion of the hospital outsourcing market.
The increasing growth in the geriatric population is poised to drive the growth of the hospital outsourcing market. The geriatric population, comprising elderly or senior citizens, is on the rise, as reported by The United States Census Bureau. Hospital outsourcing provides specialized care, utilizes technology for remote services, and offers cost-effective solutions to address the unique challenges faced by older adults. The country's median age rose by 0.2 years to 38.9 years in 2022, indicating a continued aging trend. Therefore, the rising growth in the geriatric population is driving the growth of the hospital outsourcing market.
Major companies are developing advanced technologies, such as digital platforms, to improve revenue cycle outcomes and increase profitability. In October 2023, Omega Healthcare, a US-based healthcare services company, launched the Omega Digital Platform, employing AI, RPA, ML, bots, and NLP. This platform aims to enhance efficiency in revenue cycle tasks, reduce human intervention, and optimize revenue for various healthcare organizations.
Major companies are focusing on investments to increase profitability. Investments in hospital outsourcing involve financial commitments in services provided by external entities to manage specific functions or processes within a hospital. For instance, in 2023, Warburg Pincus LLC, a US-based equity firm, is set to invest in Everise, a US-based healthcare services outsourcing company, at a valuation of approximately $1 billion. This strategic investment aims to propel Everise as an industry leader through mergers and acquisitions, leveraging Warburg Pincus' extensive network and resources in Asia and the US.
In September 2024, EQT AB, a private equity firm based in Sweden, acquired GeBBS Healthcare Solutions for an undisclosed amount. This acquisition is intended to accelerate growth in the healthcare technology sector by improving revenue cycle management services, broadening customer segments, and strengthening technological infrastructure. This move aligns with EQT's strategy to generate long-term value in the expanding healthcare outsourcing market. GeBBS Healthcare Solutions is a US-based provider specializing in technology-enabled Revenue Cycle Management (RCM) services.
Major companies operating in the hospital outsourcing market include Johnson & Johnson, Abbott Laboratories, MMM Group, 3M Company, Sodexo S.A., Becton Dickinson and Company, Aramark Corporation, ABM Industries Incorporated, Fortive Corporation, Cerner Corporation, Steris Plc, bioMerieux S.A., Getinge AB, AllScripts Healthcare Solutions Inc., LogistiCare Solutions LLC, Alere Inc., Ansell Limited, Cantel Medical, Sotera Health LLC, TriMedx LLC, Halyard Health Inc., Tri Source International Inc., Sterigenics International LLC, Belimed AG, The Allure Group, Flatworld Solutions, Matachana Group, Integrated Medical Transport Inc., Honeywell International Inc., Pal International Ltd., PDI Inc., Reckitt Benckiser Group plc, Schulke & Mayr GmbH
North America was the largest region in the hospital outsourcing market in 2024. The regions covered in the hospital outsourcing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the hospital outsourcing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The hospital outsourcing market includes revenues earned by entities by providing medical administration, medical transcription, it systems management and consultancy services. 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.
Hospital Outsourcing Global Market Report 2025 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 hospital outsourcing 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.
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Where is the largest and fastest growing market for hospital outsourcing ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The hospital outsourcing 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.
The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:1) By Hospital Type: Private; Public
2) By Hospital Size: Small And Medium Hospitals; Large Hospitals
3) By Services: Healthcare IT; Clinical Services; Business Services; Transportation Services; Other Services
4) By End-Users: Nursing Homes And Assisted Living; Specialty Hospitals; General Medical And Surgical Hospitals; Emergency And Other Outpatient Care Centers; Other End Users
Subsegments:
1) By Private: For-profit Hospitals; Non-profit Hospitals
2) By Public: Government Hospitals; Community Hospitals
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.
Table of Contents
1. Executive Summary
2. Hospital Outsourcing Market Characteristics
3. Hospital Outsourcing Market Trends And Strategies
4. Hospital Outsourcing Market - Macro Economic Scenario Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market
5. Global Hospital Outsourcing Growth Analysis And Strategic Analysis Framework
5.1. Global Hospital Outsourcing PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Hospital Outsourcing Market Growth Rate Analysis
5.4. Global Hospital Outsourcing Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Hospital Outsourcing Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Hospital Outsourcing Total Addressable Market (TAM)
6. Hospital Outsourcing Market Segmentation
6.1. Global Hospital Outsourcing Market, Segmentation By Hospital Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Private
Public
6.2. Global Hospital Outsourcing Market, Segmentation By Hospital Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Small And Medium Hospitals
Large Hospitals
6.3. Global Hospital Outsourcing Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Healthcare IT
Clinical Services
Business Services
Transportation Services
Other Services
6.4. Global Hospital Outsourcing Market, Segmentation By End-Users, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Nursing Homes And Assisted Living
Specialty Hospitals
General Medical And Surgical Hospitals
Emergency And Other Outpatient Care Centers
Other End Users
6.5. Global Hospital Outsourcing Market, Sub-Segmentation Of Private, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
For-profit Hospitals
Non-profit Hospitals
6.6. Global Hospital Outsourcing Market, Sub-Segmentation Of Public, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Government Hospitals
Community Hospitals
7. Hospital Outsourcing Market Regional And Country Analysis
7.1. Global Hospital Outsourcing Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Hospital Outsourcing Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion