Professional Documents
Culture Documents
February 2023
Table of Contents
Hospitals And Outpatient Care Centers Market Characteristics ......................................................... 4
Hospitals And Outpatient Care Centers Market Global Market Trends And Strategies ...................... 6
Rising Demand For Cloud Based Electronic Health Records ........................................................... 6
Big Data Analytics To Offer Quality Care ........................................................................................ 6
Mobile And IoT Technology Adoption .............................................................................................7
Emergence Of Care Coordination ....................................................................................................7
Personalized Medicine for Customized Care ....................................................................................7
Asia Pacific Hospitals And Outpatient Care Centers Market ............................................................... 8
Asia Pacific Hospitals And Outpatient Care Centers Market Analysis ......................................... 8
Asia Pacific Hospitals And Outpatient Care Centers Market, 2017–2027 ..................................... 8
Asia Pacific Hospitals And Outpatient Care Centers Market, Split By Country, 2022 ................ 10
Asia Pacific Hospitals And Outpatient Care Centers Market, Historic And Forecast Growth Rate,
Split By Country, 2017-2027 ...................................................................................................... 12
Appendix .......................................................................................................................................... 14
Market Data Sources .................................................................................................................... 14
NAICS Definition Of The Industry Covered In This Report .............................................................15
Global Outlook Assumptions ........................................................................................................ 16
Research Methodology ................................................................................................................. 16
Abbreviations................................................................................................................................. 17
Currencies ...................................................................................................................................... 17
Research Inquiries .......................................................................................................................... 17
The Business Research Company................................................................................................... 17
Copyright And Disclaimer ............................................................................................................. 18
List Of Figures
Figure 1: Asia Pacific Hospitals And Outpatient Care Centers Market, 2017-2027, $ Billion ................ 8
Figure 2: Asia Pacific Hospitals And Outpatient Care Centers Market, Split By Country, 2022, $
Billion................................................................................................................................................ 10
Figure 3: Asia Pacific Hospitals And Outpatient Care Centers Market, Historic And Forecast Growth
Rate, Split By Country, 2017 - 2027 ................................................................................................... 12
List Of Tables
Table 1: Asia Pacific Hospitals And Outpatient Care Centers Market, 2017-2027, $ Billion ................. 9
Table 2: Asia Pacific Hospitals And Outpatient Care Centers Market, Split By Country, 2022, $ Billion
........................................................................................................................................................... 11
Table 3: Asia Pacific Hospitals And Outpatient Care Centers Market, Historic And Forecast Growth
Rate, Split By Country, 2017-2027...................................................................................................... 13
Table 4: Hospitals And Outpatient Care Centers Market Data Sources ............................................ 14
The hospitals and outpatient care centers market consists of revenues earned by entities that provide services
such as General Medical and surgical services, psychiatric and substance abuse services, and specialty
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 goods and/or services sold within the
specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless
otherwise specified).
The revenues for a specified geography are consumption values – that is, they are revenues generated by
organizations in the specified geography within the specified market, irrespective of where they are
produced. It does not include revenues from resales either further along the supply chain or as part of other
products.
The hospitals and outpatient care centers market is segmented into hospitals and outpatient care centers.
Hospitals
Hospitals refers to those facilities that provide many health services by using specialized facilities
and equipment that form a significant and integral part of the diagnostic and treatment
processes. The hospital market consists of revenues earned by entities that provide services such
as medical, diagnostic, and treatment services that include physician, nursing, and other health
services to inpatients and the specialized accommodation services required by inpatients. 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 hospitals market is segmented into general medical and surgical hospitals;
specialty (except psychiatric and substance abuse) hospitals; and psychiatric and substance abuse
hospitals.
Outpatient care centers provide services including those of physicians and medical staff, such as
family planning, diagnosis, and treatment of mental health disorders and alcohol and other
substance abuse, and other general or specialized outpatient care. The outpatient care centers
market consists of revenues earned by entities that provide services such as kidney dialysis,
fertility treatments, and others. 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 outpatient care centers market is segmented
into freestanding ambulatory surgical and emergency centers; HMO medical centers; all other
outpatient care centers; outpatient mental health and substance abuse centers; and family
planning centers.
Hospital and outpatient offer services such as wellness and prevention, diagnosis, treatment and
rehabilitation. Doctors may suggest tests after evaluating symptoms. After testing, diagnosis leads to
treatment options which include either medication, alternative therapy, other procedures or surgery.
Alternatively, counseling or medication and other therapies may be given for emotional and mental
conditions.
Globally, the hospital and outpatient care center industry is primarily in the private sector but both public
sector (government-funded) and charitable provision exists in many countries. In some countries, such as the
UK, government-funded provision makes up the majority of the industry. Private care in hospitals and
outpatient care centers is often paid for by insurance companies. The patients are corporate company
employees or individual insurance policy holders.
Hospitals should consider deploying cloud based EHRs to reduce operational costs and provide greater access to
health information to both patients and doctors.
Since big data analytics solutions enable aid hospitals in delivering quality care, large hospitals and hospital
chains should consider adopting these technologies.
Hospitals should explore mobile and IoT technologies for faster diagnosis, monitoring and treating medical
conditions.
Hospitals should consider collaborating with technology companies and other companies in the healthcare eco
system to deliver quality care to patients.
Hospitals should consider offering personalized medicine to cater to the requirements of patients and to minimize
side effects.
The chart and table below show the year-on-year growth of the Asia Pacific hospitals and outpatient care
centers market during 2017-2027.
Figure 1: Asia Pacific Hospitals And Outpatient Care Centers Market, 2017-2027, $
Billion
Table 1: Asia Pacific Hospitals And Outpatient Care Centers Market, 2017-2027, $
Billion
Segments 2017 2018 2019 2020 2021 2022 CAGR 2026 2027f CAGR
(2017- (2022-
2022) 2027)
Hospitals 822.38 880.03 967.05 955.49 982.64 1058.69 1448.88 1566.92 5.18% 8.16%
And
Outpatient
Care
Centers
The Business Research Company
Sources: Market Data Sources, TBRC Estimates, TBRC Analysis
The Asia Pacific hospitals and outpatient care centers market grew from $822.38 billion in 2017 to $1058.69
billion in 2022 at a CAGR of 5.18%.
Asia Pacific hospitals and outpatient care centers is expected to grow to $1566.92 billion in 2027 at a CAGR of
8.16%.
Asia Pacific Hospitals And Outpatient Care Centers Market, Split By Country, 2022
The chart and table below show the split of the Asia Pacific hospitals and outpatient care centers market by
country in 2022.
Figure 2: Asia Pacific Hospitals And Outpatient Care Centers Market, Split By
Country, 2022, $ Billion
Table 2: Asia Pacific Hospitals And Outpatient Care Centers Market, Split By
Country, 2022, $ Billion
Country Country Share Revenue
China was the largest country in the Asia Pacific hospitals and outpatient care centers market in 2022,
accounting for $425.32 billion.
Japan was the second largest country in the Asia Pacific hospitals and outpatient care centers market in 2022,
accounting for $299.34 billion.
Vietnam was the smallest country in the Asia Pacific hospitals and outpatient care centers market in 2022,
accounting for $2.32 billion.
Asia Pacific Hospitals And Outpatient Care Centers Market, Historic And Forecast Growth Rate, Split By
Country, 2017-2027
The chart and table below show the Asia Pacific hospitals and outpatient care centers market historic and
forecast growth rates by country during 2017-2027.
Figure 3: Asia Pacific Hospitals And Outpatient Care Centers Market, Historic And
Forecast Growth Rate, Split By Country, 2017 - 2027
Table 3: Asia Pacific Hospitals And Outpatient Care Centers Market, Historic And
Forecast Growth Rate, Split By Country, 2017-2027
Country CAGR (2017 - 2022) CAGR (2022 - 2027)
Bangladesh hospitals and outpatient care centers market had the highest CAGR of 9.13% during 2017-2022;
this country is expected to grow at a CAGR of 14.75% during 2022-2027.
India hospitals and outpatient care centers market had the second highest CAGR of 9.07% during 2017-2022;
this country is expected to grow at a CAGR of 14.89% during 2022-2027.
Japan hospitals and outpatient care centers market had the smallest CAGR of 1.15% during 2017-2022; this
country is expected to grow at a CAGR of 2.63% during 2022-2027.
Appendix
Market Data Sources
Table 4: Hospitals And Outpatient Care Centers Market Data Sources
Source URL
Outpatient Care Centers-The outpatient care centers market consists of sales of outpatient care services and
related goods by entities (organizations, sole traders and partnerships) that provide outpatient care services
including those of physicians and medical staff, such as family planning, diagnosis, and treatment of mental
health disorders and alcohol and other substance abuse, and other general or specialized outpatient care. The
outpatient care centers market is segmented into freestanding ambulatory surgical and emergency centers;
HMO medical centers; all other outpatient care centers; kidney dialysis centers; outpatient mental health and
substance abuse centers; and family planning centers. Only goods and services traded between entities or
sold to end consumers are included.
Hospitals-The hospitals market consists of sales of hospital services and related goods by entities
(organizations, sole traders and partnerships) that provide hospital services such as medical, diagnostic, and
treatment services that include physician, nursing, and other health services to inpatients and the specialized
accommodation services required by inpatients. Outpatient services offered by hospitals are also included in
this segment. Many of the health services provided by hospitals can only be provided using the specialized
facilities and equipment that form a significant and integral part of the diagnostic and treatment processes.
The hospitals market is segmented into general medical and surgical hospitals; specialty (except psychiatric
and substance abuse) hospitals; and psychiatric and substance abuse hospitals. Only goods and services
traded between entities or sold to end consumers are included.
Research Methodology
The Business Research Company’s reports are based on the methodology below.
Data
Our datasets are created using a wide range of proprietary and public sources including leading government
bodies, associations, trade journals, market intelligence reports and trade magazines. Data is modelled based
on hard data, extrapolation, regression analysis based on known macro data inputs, interpolation between
hard figures, comparisons with other geographies and markets, price estimations, and qualitative inputs.
Data is triangulated within our unique market data model covering an exhaustive list of 200+ markets across
12 countries and 5 regions. Comparable data is used for sanity check and trend analysis. For example our
global market value data is compared to unit sales and price data for the relevant market as well as relevant
macro-economic datasets in order to establish validity.
Market Numbers-
Market value is defined as the revenues earned by organizations for products and services within the specified
market. The break down by geography is revenue generated within the specific industry by organizations in
the specified geography, irrespective of where they are produced.
The competitor market share data is intended to represent the companies that gain the most revenues from
the given market and the percentage share of the market that they hold. If a company derives most of its
revenues from the market, its revenues are given in full. If a large part of the company's revenues come from
other markets, only the division of the company which operates in this market is included. Where accurate
information is not available on the revenues a company generates from the market its market share is not
included, however a profile of the company may still be included if it is a significant competitor in the market.
Analysis
Analysis is drawn from our Consultants’ wide range of industry and research experience as well as public and
proprietary sources. Consultants are trained in research techniques and ethics by the Market Research
Society.
Every year The Business Research Company carries out thousands of interviews with senior executives and
industry experts across hundreds of markets. Through these interviews we develop our internal
understanding of markets and geographies and cross reference our understanding of global markets with
expert feedback utilizing ‘Delphic’ research methodologies.
Referencing
The Business Research Company prides itself on the quality and validity of its data and analysis. Our unique
‘end noted’ referencing approach allows the user to trace our market numbers and analysis back to the
specific data sources they were derived from.
Note on Currency Conversions – All currency conversions are done on the basis of 2021 exchange rates.
Abbreviations
Currencies
$ stands for US Dollar
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i
http://www.forbes.com/sites/athenahealth/2015/04/13/3-technology-trends-transforming-health-care/#3a3951a2601a
ii
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iii
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iv
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vii
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viii
https://blog.451alliance.com/hospital-at-home-how-covid-19-accelerated-iot-adoption/
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http://www.casenetllc.com/solutions.html
x
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