U.S. Hospital Facilities Market Analysis Report 2023-2030 - Market Projected to Surpass $2540 Billion by 2030 with Focus on Patient Service and Technology Integration

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Dec 20, 2023, 20:15 ET

DUBLIN, Dec. 20, 2023 /PRNewswire/ -- The "U.S. Hospital Facilities Market Size, Share & Trends Analysis Report by Patient Service, Facility Type (Private Hospitals, Public/Community Hospitals), Bed Size, Service Type, and Segment Forecasts, 2023-2030" report has been added to ResearchAndMarkets.com's offering.

The U.S. hospital facilities market size is anticipated to reach USD 2540.4 billion by 2030 and is anticipated to grow at a CAGR of 7.7% from 2023 to 2030, according to the report. Technological advancements, such as telehealth, mobile apps, artificial intelligence, and wearable devices, are boosting market growth. Furthermore, the demand and supply gap in the U.S. healthcare system is increasing rapidly. This can mainly be attributed to the growing number of patients and the limited resources available to provide necessary care.

Lifestyle changes and an increase in the number of sedentary jobs are transforming the disease profile of the U.S. population. Noncommunicable diseases such as cancer, diabetes, and cardiovascular diseases are increasing in prevalence. For instance, according to a CDC report, diabetes prevalence had risen to an estimated 37.3 million patients in 2022. Lifestyle diseases due to poor dietary habits, lack of exercise, and smoking, irrespective of gender, age, & heredity, lead to several health problems, such as low body oxygen levels & breathing difficulties. Chronic disease prevalence is expected to rise in the country.

The COVID-19 pandemic adversely impacted the U.S. healthcare system. Healthcare facilities across the U.S. were facing both financial and organizational difficulties. One of the major steps taken by the hospitals at the start of the pandemic was to delay elective procedures, which culminated in monumental monetary losses for the hospitals. According to AHA COVID-19 Financial Impact Report Estimates, due to canceled services during the pandemic, non-federal hospitals lost around USD 161.4 billion in income during the four months from March 2020 to June 2020. Furthermore, the decline in visits was mostly attributed to the cancellation of elective treatments, which resulted in a revenue loss of millions of dollars. According to CovidSurg, 28.4 million surgeries were canceled or postponed during the first 3 months of disruption caused by the pandemic. The aforementioned factors negatively impacted the market.

U.S. Hospital Facilities Market Report Highlights

The cardiovascular segment dominated the market, accounting for a share of around 20% in 2022. The segment is further expected to dominate the market over the forecast period.
The public/community hospitals segment dominated the market with a share of over 52% in 2022. Community hospitals hold the highest number of patient beds and offer a wide variety of care areas through different services.
The outpatient services segment dominated the market with a share of around 51% in 2022 and is additionally poised to be the fastest-growing segment with a CAGR of 9.0% over the forecast period.
Based on bed size, the market is segmented into 0-99, 100-199, 200-299, and 300-more. The 0-99 segment dominated the market in 2022 with a revenue share of 53.2%. This segment comprises small hospitals that primarily serve rural or remote areas with low population density.

Companies Profiled:

The Johns Hopkins Hospital
Mayo Clinic
Cleveland Clinic
Cedars-Sinai
Massachusetts General Hospital
UCSF Health
NewYork-Presbyterian Hospital
Brigham and Women's Hospital
Ronald Regan UCLA Medical Center
Northwestern Memorial Hospital

Key Topics Covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. U.S. Hospital Facilities Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Market Dynamics
3.4. U.S. Hospital Facilities Market Analysis Tools

Chapter 4. U.S. Hospital Facilities Market: Patient Service & Trend Analysis
4.1. U.S. Hospital Facilities Market: Key Takeaways
4.2. U.S. Hospital Facilities Market: Patient Service Movement & Market Share Analysis, 2022 & 2030
4.3. Inpatient Services
4.4. Outpatient Services

Chapter 5. U.S. Hospital Facilities Market: Facility Type & Trend Analysis
5.1. U.S. Hospital Facilities Market: Key Takeaways
5.2. U.S. Hospital Facilities Market: Facility Type Movement & Market Share Analysis, 2022 & 2030
5.3. Public/Community Hospitals
5.4. State Owned & Federal Hospitals
5.5. Private Hospitals

Chapter 6. U.S. Hospital Facilities Market: Service Type & Trend Analysis
6.1. U.S. Hospital Facilities Market: Key Takeaways
6.2. U.S. Hospital Facilities Market: Service Type Movement & Market Share Analysis, 2022 & 2030
6.3. Acute Care
6.4. Cardiovascular
6.5. Cancer Care
6.6. Neurorehabilitation & Psychiatry Services
6.7. Pathology Lab, Diagnostics, And Imaging
6.8. Obstetrics & Gynecology

Chapter 7. U.S. Hospital Facilities Market: Bed Size Estimates & Trend Analysis
7.1. Segment Definitions
7.2. U.S. Hospital Facilities Market: Segment Dashboard
7.3. U.S. Hospital Facilities Market: Bed Size Movement & Market Share Analysis
7.4. 0-99
7.5. 100-199
7.6. 200-299
7.7. 300-more

Chapter 8. Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/r/iu8s47

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