Specialty Hospitals Market 2020: Qualitative Analysis Reveals Explosive Growth by Encompass Health Corporation, Kindred Healthcare Inc, Memorial Sloan-Kettering, Steward Health Care System LLC, Belhoul Speciality Hospital and Others

Specialty Hospitals Market report holds a massive importance when it comes to market definition, classifications, applications and engagements. Not to mention these topics have been thoroughly studied with the best tools and techniques. This market research report lends a hand to stay up-to-date about the entire market and also brings into light holistic view of the market. Specialty Hospitals market report conducts estimations on the market status, growth rate, future trends, market drivers, market restraints, key opportunities, challenges, market risks, entry barriers, sales channels, distributors and Porter's Five Forces Analysis. With this market report, insights and realities of the Healthcare industry can be acquired which helps keep the business on the right track.

The report provides key statistics on the market status of Global and Regional manufacturers and hence works as an important source of guidance for companies and individuals interested in the industry. Additionally, the data and information have been taken from the reliable sources and include websites, annual reports of the companies, journals, and mergers which is again checked and validated by the market experts. In this swiftly revolutionizing industry, market research or secondary research is the best way to collect information quickly and here this Specialty Hospitals market research report plays vital role.

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MARKET INTRODUCTION

The global specialty hospitals market accounted to US$ 401.65 Mn in 2018 and is expected to grow at a CAGR of 2.8% during the forecast period 2018 - 2027, to account to US$ 509.10 Mn by 2027.

Market Insights

Rapid Growth in the Geriatric Population

Diabetes among geriatric population is a growing public health burden worldwide. It is a major cause morbidity and mortality in ageing population that later largely attributable to various chronic complications. Ageing population is poised to become one of the most significant transformation with a heavy impact on the social and economic level across the globe. These population is growing exponentially worldwide. According to a report of United Nation (2017), there were approximately 962 million people aged 60 or over across the globe in 2017 and was projected to reach to 425 million by 2050.

Key Competitors In Market are Encompass Health Corporation, Kindred Healthcare Inc, Memorial Sloan-Kettering, Steward Health Care System LLC, Belhoul Speciality Hospital, Advanced Specialty Hospitals, HCA Management Services L.P, TH Medica, Community Health Systems, Inc., Universal Health Services, Inc., Select Medical Corporation (Kessler Institute for Rehabilitation)

Strategic Insights

Expansions and agreements were observed as the most adopted strategy in global specialty hospitals industry. Few of the expansions and agreements made by the players in the market are listed below:

2019: In January, 2018, Tenet Healthcare Corporation and Anthem Blue Cross signed a new multi -year agreement.

2016: In March, 2016, Memorial Sloan Kettering launched Teen and Young Adult (TYA) Programs to offer special services for people. Moreover, MSK opened a lounge, especially for this teen and adult age group.

Market segmentation:

Specialty Hospitals Market to 2027 - Global Analysis and Forecasts by Type (Cardiac Hospitals, Cancer Hospitals, Rehabilitation Hospitals, ENT Hospitals, Neurological Hospitals, Orthopedic Hospitals, and Others) and Geography

By Geography North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. And 13 countries globally along with current trend and opportunities prevailing in the region.

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Posted by Rajat Sahni on Wednesday July 08 2020, 8:59 AM EST. All trademarks acknowledged. Filed under Healthcare. Comments and Trackbacks closed. Follow responses: RSS 2.0