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Global Micro-Hospitals Market Size, Trends, and Growth Opportunity, By Location (Tier-1 Cities, Tier-2 Cities, and Tier-3 Cities), By end-user (international tourists, corporations, and individuals), By facilities (Physical Therapy, Primary Care, Rotating Specialists, Surgery Centres, On-Site X-Ray, Ultrasound), by region, and forecast until 2027.


Report ID : IR1001588 | Industries : Healthcare | Published On :June 2024 | Page Count : 250

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  • Global Micro-Hospitals Market Size, Trends, and Growth Opportunity, By Location (Tier-1 Cities, Tier-2 Cities, and Tier-3 Cities), By end-user (international tourists, corporations, and individuals), By facilities (Physical Therapy, Primary Care, Rotating Specialists, Surgery Centres, On-Site X-Ray, Ultrasound), by region, and forecast until 2027.
    Global Micro-Hospitals Market
    The global micro-hospitals market was valued at USD 237 billion in 2021 and is slated to reach USD 402.70 billion by 2027, at a CAGR of 7.24% from 2022 to 2027.
    Hospitals with fewer than 100 beds are referred to as microhospitals. Inpatient facilities known as "micro-hospitals" provide a variety of emergency medical treatments on a small scale. They mostly give ambulatory and emergency treatments, as well as assistance to low-acuity patients. The gap between healthcare delivery and quality can be closed in underdeveloped communities with the aid of these hospitals. Due to their efficiency in terms of cost and speed of delivery, microhospitals are advantageous for rural areas. For those with health issues who must receive constant medical care and live in rural locations, this can be crucial.
    Market Drivers
    Microhospitals are becoming more significant as they concentrate on the administrative shortcomings in wandering centres and unassisted crisis rooms. The fact that it poses no financial risk and requires less time to establish micro-hospitals than large-scale hospitals is another significant advantage it has over them. Due to the small number of patients, micro-hospitals provide comfort, patient-centered treatment, and simple access to offices. This component accelerates market expansion so much. Micro-hospitals can be built much more quickly, for much less money, and in a smaller amount of space than full-service hospitals. The price varies depending on the type of hospital and the region where it is located, but depending on the additional services provided, the Advisory Board calculates that the cost of constructing a micro-hospital can range from $7 million to $30 million. Thus, the cost-effectiveness of micro-hospitals is a major driver of industry expansion.
    Healthcare spending per person is rising, which is accelerating market expansion. Microhospital reimbursement incentives brought about by programmes like the Affordable Care Act are also contributing to the market's expansion. 90% of Americans, according to the CDC, have health insurance. Micro-hospitals are present in about 19 states in the United States. As a result, this component spurs market expansion. The number of micro-hospitals is rising, which is accelerating market expansion. New micro-hospitals were going to be opened in the United States by Mercy Health, Franciscan Health, Christus Health, and Dignity Health. Moreover, Emerus and Memorial Hermann Health System have decided to open microhospitals in the United States in 2017. As a result, these elements are spurring market expansion.
    Market Restraints
    Micro-hospitals are designed to handle a wide range of medical issues. Yet, due to their limited size, they are unable to address many medical conditions. A few instances might need to be transferred to bigger facilities with superior tools and cutting-edge medical professionals to address their condition for ongoing care and treatment. As a result, this factor is limiting market expansion.
    Impact of COVID-19
    The global market for microhospitals is anticipated to go through a brief period of slow revenue growth. Production activities across numerous industries have been affected by supply-chain disruptions brought on by this outbreak. With the implementation of rigorous regulations and other government directives intended to stop the virus's spread, a number of businesses were compelled to temporarily cease operations.
    Market Segmentation
    The global micro-hospitals market is divided into three sections: location, end-user, and facility.By location, such as Tier-1 cities, Tier-2 cities, or Tier-3 cities. By end-users such as international tourists, corporations, and individuals. By facilities such as physical therapy, primary care, rotating specialists, surgery centres, on-site X-ray, and ultrasound.
    Regional Analysis
    The global micro-hospitals market is segmented into five regions: the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The market for micro-hospitals is dominated by North America because more large hospitals are adopting them and because significant corporations are working together more to open micro-hospitals. Additionally, it is projected that rising healthcare spending per capita will accelerate market expansion. A large increase in the region's economy is anticipated in Asia-Pacific as a result of rising healthcare spending, rising public awareness of the value of high-quality healthcare, and supportive government measures. This region's growth is also anticipated to be fueled by rising investments made by global market players in the expansion of their companies.
    Key Players
    This report includes a list of numerous key players, namely Emerus Hospital Partners, LLC (U.S.), SCL Health (U.S.), Saint Luke's Health System (U.S.), Baylor Scott & White Health (U.S.), CHRISTUS Health (U.S.), and Dignity Health (U.S.).
    Market Taxonomy
    By Location
    •        Tier-1 Cities
    •        Tier-2 Cities
    •        Tier-3 Cities
    end user
    •        International Tourists
    •        Corporates
    •        Individuals
    By Facilities
    •        Physical Therapy
    •        Primary Care
    •        Rotating Specialists
    •        Surgery Centres
    •        On-Site X-Ray
    •        Ultrasound
    By Region
    •        North America
    •        Latin America
    •        Europe
    •        Asia Pacific
    •        Middle East and Africa

    Global Micro-Hospitals Market 
    1 Introduction        
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Micro-Hospitals Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Cumulative Impact due to recent Energy Crises
    4.2.5 Cumulative Impact due to nearing Economic Downturn
    4.2.6 Post Covid-19 World Supply and Demand Conditions
    4.2.7 Cumulative Impact of Russia-Ukraine Conflict
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Micro-Hospitals Market, By Location
    5.1 Y-o-Y Growth Comparison, By Location
    5.2 Global Micro-Hospitals Market Share Analysis, By Location
    5.3 Global Micro-Hospitals Market Size and Forecast, By Location
    5.3.1 Tier-1 Cities
    5.3.2 Tier-2 Cities
    5.3.3 Tier-3 Cities 
    6 Global Micro-Hospitals Market, By End User
    6.1 Y-o-Y Growth Comparison, By End User
    6.2 Global Micro-Hospitals Market Share Analysis, By End User
    6.3 Global Micro-Hospitals Market Size and Forecast, By End User
    6.3.1 International Tourists
    6.3.2 Corporates
    6.3.3 Individuals
    7 Global Micro-Hospitals Market, By Facilities
    7.1 Y-o-Y Growth Comparison, By Facilities
    7.2 Global Micro-Hospitals Market Share Analysis, By Facilities
    7.3 Global Micro-Hospitals Market Size and Forecast, By Facilities
    7.3.1 Physical Therapy
    7.3.2 Primary Care
    7.3.3 Rotating Specialists
    7.3.4 Surgery Centres
    7.3.5 On Site X-Ray
    7.3.6 Ultrasound
    8 Global Micro-Hospitals Market, By Region
    8.1 Global Micro-Hospitals Market Share Analysis, By Region
    8.2 Global Micro-Hospitals Market Share Analysis, By Region
    8.3 Global Micro-Hospitals Market Size and Forecast, By Region
    9 North America Micro-Hospitals Market Analysis and Forecast (2022-2027)
    9.1 Introduction
    9.2 North America Micro-Hospitals Market Share Analysis, By Location
    9.3 North America Micro-Hospitals Market Size and Forecast, By End User
    9.4 North America Micro-Hospitals Market Size and Forecast, By Facilities
    9.5 North America Micro-Hospitals Market Size and Forecast, By EV application
    9.6 North America Micro-Hospitals Market Size and Forecast, By Country
    9.6.1 U.S.
    9.6.2 Canada
    9.6.3 Mexico
    10 Europe Micro-Hospitals Market Analysis and Forecast (2022-2027)
    10.1 Introduction
    10.2 Europe Micro-Hospitals Market Share Analysis, By Location
    10.3 Europe Micro-Hospitals Market Size and Forecast, By End User 
    10.4 Europe Micro-Hospitals Market Size and Forecast, By Facilities
    10.5 Europe Micro-Hospitals Market Size and Forecast, By Country
    10.6.1 Germany
    10.6.2 France
    10.6.3 UK
    10.6.4 Rest of Europe
    11 Asia Pacific Micro-Hospitals Market Analysis and Forecast (2022-2027)
    11.1 Introduction
    11.2 Asia Pacific Micro-Hospitals Market Share Analysis, By Location
    11.3 Asia Pacific Micro-Hospitals Market Size and Forecast, By End User 
    11.4 Asia Pacific Micro-Hospitals Market Size and Forecast, By Facilities
    11.5 Asia Pacific Micro-Hospitals Market Size and Forecast, By Country
    11.5.1 China        
    11.5.2 Japan
    11.5.3 India
    11.5.4 Rest of Asia Pacific
    12 Latin America Micro-Hospitals Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Latin America Micro-Hospitals Market Share Analysis, By Location
    12.3 Latin America Micro-Hospitals Market Size and Forecast, By End User 
    12.4 Latin America Micro-Hospitals Market Size and Forecast, By Facilities
    12.5 Latin America Micro-Hospitals Market Size and Forecast, Country
    12.5.1 Brazil
    12.5.2 Rest of Latin America
    14 Middle East Micro-Hospitals Market Analysis and Forecast (2022-2027)
    14.1 Introduction
    14.2 Middle East Micro-Hospitals Market Share Analysis, By Product
    14.3 Middle East Micro-Hospitals Market Size and Forecast, By End User 
    14.4 Middle East Micro-Hospitals Market Size and Forecast, By Facilities
    14.5 Middle East Micro-Hospitals Market Size and Forecast, By Country
    14.5.1 Saudi Arabia
    14.5.2 UAE
    14.5.3 Egypt
    14.5.4 Kuwait
    14.5.5 South Africa
    15 Competitive Analysis
    15.1 Competition Dashboard
    15.2 Market share Analysis of Top Vendors
    15.3 Key Development Strategies
    16 Company Profiles
    16.1 Emerus Hospital Partners, LLC (U.S)
    16.1.1 Overview
    16.1.2 Offerings
    16.1.3 Key Financials
    16.1.4 Business Segment & Geographic Overview
    16.1.5 Key Market Developments
    16.1.6 Key Strategies
    16.2 SCL Health (U.S)
    16.2.1 Overview
    16.2.2 Offerings
    16.2.3 Key Financials
    16.2.4 Business Segment & Geographic Overview
    16.2.5 Key Market Developments
    16.2.6 Key Strategies
    16.3 Saint Luke's Health System (U.S) 
    16.3.1 Overview
    16.3.2 Offerings
    16.3.3 Key Financials
    16.3.4 Business Segment & Geographic Overview
    16.3.5 Key Market Developments
    16.3.6 Key Strategies
    16.4 Baylor Scott & White Health (U.S) 
    16.4.1 Overview
    16.4.2 Offerings
    16.4.3 Key Financials
    16.4.4 Business Segment & Geographic Overview
    16.4.5 Key Market Developments
    16.4.6 Key Strategies
    16.5 CHRISTUS Health (U.S) 
    16.5.1 Overview
    16.5.2 Offerings
    16.5.3 Key Financials
    16.5.4 Business Segment & Geographic Overview
    16.5.5 Key Market Developments
    16.5.6 Key Strategies
    16.6 Dignity Health (U.S).
    16.6.1 Overview
    16.6.2 Offerings
    16.6.3 Key Financials
    16.6.4 Business Segment & Geographic Overview
    16.6.5 Key Market Developments
    16.6.6 Key Strategies