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Health Insurance Reforms Ignite Growth In Hospitals And Outpatient Car By vamshi krishna

  in Business | Published 2018-12-17 11:44:19 | 78 Reads | Unrated


The global hospitals and outpatient care centers market was valued at around $4 trillion in 2017. Asia Pacific was the largest region in the hospitals and outpatient care centers market in 2017, accounting for above 31% market share.

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The global hospitals and outpatient care centers market, one of the segments of healthcare services industry. During the historic period it grew at a compound annual growth rate (CAGR) of more than 7%. This was mainly due to the technological advancements and emerging market growth in the healthcare sector.

For the forecasted period, the hospitals and outpatient care centers market size is expected to be over $6100 billion by 2021, growing at a CAGR of nearly 9%. The growth rate for forecasted period is higher when compared to the historic period. This is mainly attributed to growi

ng aging population.

Find TBRC’s Report on the Hospitals and Outpatient Care Centers Market:

Access to healthcare services in developing countries is expected to improve. Effective implementation of health plans is the core reason for the improvement in healthcare access in many developing regions such as India, China and many Latin American countries. Some of the country-specific health reforms which are set to improve healthcare access are China’s urban resident basic medical insurance and new rural cooperative medical insurance schemes, Brazil’s unified health system and Mexico’s popular health insurance. Hence, increasing access to healthcare services is expected to be a major driver of the hospitals and outpatients care centers market.

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The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

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