Europe Hospital Market By Ownership (Public and Private) By Type (General, Specialty, Multi-Specialty) By Type of Services (In-Patient Services and Out-Patient Services) By Bed Capacity (Up to 100 beds, 100-500 beds, above 500 beds), By Country, Competition, Forecast & Opportunities, 2028

Europe Hospital Market is expected to grow at a significant rate during the forecast period. The high prevalence of chronic diseases in the region is the major driver for the Hospital Market in the forecast period. Well-developed healthcare infrastructure, including hospital beds, equipment, supplies, and the rise in investments by the government and leading authorities is expected to accelerate the growth of the Hospital market in Europe. The rising awareness among consumers about the benefits of effective healthcare treatment and the adverse effects of several diseases is attracting patients to avail of healthcare services. Further, an increase in hospital admission rates due to the presence of quality healthcare services coupled with the presence of specialized departments to provide treatment for different diseases is aiding to boom the market growth. Also, hospitals hire qualified healthcare professionals to ensure the effective treatment of patients, which is further fueling the demand for Hospital services in Europe.

Increasing Geriatric Population

The nations' aging population which is more vulnerable to chronic illnesses is projected to increase in the upcoming years. For instance, according to the United Nations department of economic social affairs report 2022 roughly 19% of the population in Europe was 65 years of age or older, making it the region with the greatest proportion of elderly people in 2022. According to estimates by 2050, one in four individuals in Europe is expected to be 65 or older. Additionally, the growing senior population is largely to blame for the high hospital admission rates, driving the demand in this market, given that the geriatric population is more sensitive to acute and chronic ailments. Moreover, the increasing demand for early diagnosis and treatments is expected to boost the growth of the market. Government initiatives and home sample collection by hospitals and associated laboratories are expected to supplement the growth of the market.

Rise in Prevalence of Chronic Diseases

The leading cause of death for adults in almost all nations is today chronic diseases/non-communicable diseases, and in the coming ten years, that number is expected to rise. In Europe, osteoarthritis was diagnosed in 917 women and 664 men per 100,000 people in 2019. Since 1990, osteoarthritis has been on the rise in Europe, and women are far more likely than males to develop it. Additionally, across the region, women were substantially more likely than males to experience low back discomfort and musculoskeletal diseases. These two illnesses have become more common over the past 30 years. In 2019 there were more than 15% of people experienced low back discomfort in nations including Denmark, Germany, and Portugal. Further, Cardiovascular Diseases accounts for 45% of all deaths in Europe and 37% of all deaths in the Europe. According to contemporary estimates, overweight and obesity account for more than 1.2 million fatalities yearly, or more than 13% of all deaths in the European Region, making them among the main causes of death. This in turn is anticipated to boost the growth of the Europe Hospital market during the forecast period.

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Market Segmentation

Europe Hospital market is segmented into ownership, type, type of services, bed capacity, regional distribution, and company. Based on ownership, the market can be bifurcated into public and private. Based on type, the market is categorized into general, specialty, and multi-specialty. Based on the type of service the market is divided into in-patient services, and outpatient services. Further, based on capacity the market is categorized into up to 100 beds, 100-500 beds, and above 500 beds.

Market players

HCA Healthcare UK, Fresenius SE & Co. KGaA, Spire Healthcare Group plc, Orpea Group, Asklepios Klinik Barmbek, Sana Kliniken AG, San Donato Group (Gruppo San Donato), among others are some of the key players operating in the Europe Hospital Market.

Report Scope:

In this report, Europe Hospital market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Europe Hospital Market, By Ownership:

o    Public

o    Private

Europe Hospital Market, By Type:

o    General

o    Specialty

o    Multi- Specialty

·         Europe Hospital Market, By Type of Services:

o    In-Patient Services

o    Out-Patient Services

·         Europe Hospital Market, By Bed Capacity:

o    Up to 100 beds

o    100-500 beds

o    Above 500 beds

·         Europe Hospital Market, By Country:

o    Germany

o    France

o    United Kingdom

o    Italy

o    Spain

o    Netherlands

o    Switzerland

o    Sweden

o    Belgium

o    Ireland

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Europe Hospital market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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