The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest hospital outsourcing market share in 2022.

The global hospital outsourcing market size grew from $327.9 billion in 2022 to $375.1 billion in 2023 at a compound annual growth rate (CAGR) of 14.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hospital outsourcing market size is expected to grow to $612.24 billion in 2027 at a CAGR of 13.0%.

Major Driver In The Hospital Outsourcing Market ­– Increase In Diabetic Patient Flow In Hospitals
For instance, according to the International Diabetics Federation (IDF) report, a Belgium-based diabetic organization, in the year 2021, approximately 537 million adults in-between the age group 20-79 years were living with diabetes and it is estimated to rise to 643 million by 2030 and 783 million by 2045. Therefore, the increase in diabetic patient flow in hospitals is driving the growth of the hospital outsourcing market.

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Key Hospital Outsourcing Market Segments
1) By Hospital Type: Private, Public
2) By Hospital Size: Small and Medium Hospitals, Large Hospitals
3) By Services: Healthcare IT, Clinical Services, Business Services, Transportation Services, Other Services
4) By End-Users: Nursing Homes and Assisted Living, Speciality Hospitals, General Medical and Surgical Hospitals, Emergency and Other Outpatient Care Centers, Other End Users

Recent Hospital Outsourcing Market Trend – Technological Advancement
Technology advancements have emerged as the key trend gaining popularity in the hospital outsourcing market. Major companies operating in the hospital outsourcing sector are focused on introducing technological innovations to sustain their position in the market.

Hospital Outsourcing Market Prominent Players
Major players in the hospital outsourcing market are AllScripts Healthcare Solutions Inc., Cerner Corporation, Sodexo S.A., LogistiCare Solutions LLC, The Allure Group, Aramark Corporation, Alere Inc., Flatworld Solution, Integrated Medical Transport, ABM Industries Inc., Abbott Laboratories, 3M Company (3M Health Information Systems), and TriMedx LLC.

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The Hospital Outsourcing Global Market Report 2023  provides a comprehensive overview on the hospital outsourcing market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the hospital outsourcing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Hospital outsourcing is a process in which some processes of a hospital are assigned to another vendor or a smaller facility that has expertise and specialization in the specific area.

View More Related Reports –
Healthcare RCM Outsourcing Global Market Report 2023
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