Bedless Hospitals Industry to Reach USD 1,829.51 Million by 2033 with 6.8% CAGR Growth

Bedless Hospitals Industry
Bedless Hospitals Industry

The global bedless hospitals industry is projected to grow from USD 947.66 million in 2023 to USD 1,829.51 million by 2033, expanding at a compound annual growth rate (CAGR) of 6.8% during the forecast period. This growth is driven by the increasing demand for cost-effective healthcare services and advancements in outpatient care technologies.

Bedless hospitals, designed for outpatient treatments and short-stay procedures, offer an efficient alternative to traditional inpatient facilities. The adoption of minimally invasive surgical techniques and technological advancements in diagnostics and treatments are key factors boosting the market. Additionally, a growing emphasis on patient-centric care and cost reduction in healthcare delivery is propelling demand for these facilities.

The rise in chronic diseases and aging populations worldwide has further increased the need for advanced outpatient care. However, challenges such as limited availability of high-end technologies in developing regions and the need for skilled healthcare professionals may restrain growth.

A Detailed Full Report – https://www.futuremarketinsights.com/reports/bedless-hospitals-market

Key Takeaways:

  1. The bedless hospitals market is forecasted to grow at a 6.8% CAGR, reaching $1.83 billion by 2033.
  2. Increasing adoption of minimally invasive procedures and advanced outpatient care drive market demand.
  3. The need for cost-effective healthcare solutions positions bedless hospitals as a sustainable alternative to traditional setups.
  4. Market growth faces challenges from technology accessibility in developing regions and workforce skill gaps.

Market Drivers

  1. Shift Towards Outpatient Care: There is a growing trend towards outpatient services and procedures that do not require overnight hospitalization, driving the demand for bedless hospital models.
  2. Cost-Effectiveness: Bedless hospitals can reduce operational costs associated with maintaining inpatient facilities, making healthcare delivery more affordable.
  3. Technological Advancements: Innovations in telemedicine and remote monitoring are facilitating effective patient management without the need for hospital beds, enhancing the bedless hospital model’s viability.
  4. Increased Patient Preference: Patients often prefer receiving care in outpatient settings due to convenience and comfort, further promoting the growth of bedless hospitals.
  5. Government Initiatives: Supportive government policies aimed at improving healthcare access and efficiency are encouraging the establishment of bedless hospitals.

Regional Insights

  • The market is expected to see significant growth across various regions, particularly in North America and Europe, where healthcare systems are increasingly adopting innovative care models.
  • The Asia-Pacific region is also anticipated to contribute to market growth due to rising healthcare investments and a growing emphasis on outpatient care.

Start-up Scenario

Glamyo Health, based in Delhi, is a multi-specialty healthcare startup that aims to provide a hassle-free experience for all elective surgeries and cosmetic procedures through personalized care. Glamyo Health claims to provide high-quality medical care, drugs, and food at a fraction of the market price. From consultations to post-surgery follow-ups, the startup provides a single point of contact and provides end-to-end services.

Market Competition

The key players in this market include Healthway Medical Group, AmSurg Corp., Medical Facilities Corporation, HCA Holdings Inc., Tenet Healthcare, Surgical Care Affiliates Inc., Surgery Partners, Community Health Systems, Inc., and Vision Group Holdings.

  • In January 2022, DPR Construction led a project team that effectively installed expansive hyperbaric oxygen therapy equipment in a distinctive bedless hospital. This groundbreaking medical facility is flawlessly integrated with a high-end hotel located in central Florida.
  • Medical Facilities Corporation stated in 2020 that it has reached a definitive agreement to sell its investment in Two Rivers Surgical Center to two of the managing physicians for an undisclosed sum. In early 2018, Medical Facilities bought a stake in this ambulatory surgery center (ASC) in a joint venture with NueHealth, LLC. The selling of their stake in Two Rivers Surgical Center allows them to concentrate their efforts and resources on their present strategic projects.
  • HCA Healthcare, Inc., one of the major healthcare providers in the United States, announced plans in 2022 to develop five new full-service hospitals in Texas to assist fulfill the state’s growing need for healthcare services. The new hospitals will be located in the following areas throughout the state: one in the Dallas Fort Worth area, one in the Houston area, one in the San Antonio area, in collaboration with Methodist Healthcare Ministries, and two in the Austin area, in collaboration with St. David’s Foundation and Georgetown Health Foundation.

Key Companies Profiled

  • Healthway Medical Group
  • AmSurg Corp.
  • Medical Facilities Corporation
  • HCA Holdings Inc.
  • Tenet Healthcare
  • Surgical Care Affiliates Inc.
  • Surgery Partners
  • Community Health Systems Inc.
  • Vision Group Holdings

Key Segments Profiled in the Global Bedless Hospitals Market

Bedless Hospitals Market by Center Type:

  • Single Specialty Center Bedless Hospitals
  • Multi-specialty Center Bedless Hospitals

Bedless Hospitals Market by Services:

  • Bedless Hospitals for Diagnostic Services
  • Bedless Hospitals for Surgical Services

Bedless Hospitals Market by Specialty Area:

  • Bedless hospitals for gastroenterology
  • Bedless hospitals for ophthalmology
  • Bedless hospitals for orthopedics
  • Bedless hospitals for pain/neurology
  • Bedless hospitals for urology
  • Bedless hospitals for dermatology
  • Bedless hospitals for other specialty areas

Bedless Hospitals Market by Region:

  • North America Bedless Hospitals Market
  • Latin America Bedless Hospitals Market
  • Europe Bedless Hospitals Market
  • East Asia Bedless Hospitals Market
  • South Asia & Oceania Bedless Hospitals Market
  • Middle East & Africa Bedless Hospitals Market

Author By:

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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