Hospitals

In 2024, the projected revenue in the Hospitals market in France is expected to reach US$134.10bn.
This revenue is anticipated to show an annual growth rate (CAGR 2024-2029) of 2.37%, resulting in a market volume of US$150.80bn by 2029.
When compared globally, United States is expected to generate the highest revenue in the Hospitals market, reaching an estimated US$1.50tn in 2024.
Taking into account the total population figures, in France, each person is expected to generate revenues of US$2.07k in 2024.
France's hospitals are grappling with a shortage of beds, resulting in longer wait times for patients.

Definition:
Hospitals are licensed facilities that provide a variety of medical and surgical services, some of which are also provided by other facilities. A distinguishing characteristic of hospitals is “inpatient care,” which refers to services where patients are admitted to a hospital to stay overnight for closer monitoring.

This market includes general hospitals, psychiatric hospitals, and specialist hospitals, which provide various services to patients, ranging from diagnostics, medical and surgical treatments, nursing and specialized accommodation to other medical services. Depending on the specific legal regulations, the medical services provided by hospitals can vary greatly from country to country. Long-term care facilities, ambulatory care providers, and medical retailers are excluded from this market.

Structure:
The Hospitals market is divided into three categories: Inpatient Care, Outpatient Care, and Other Hospital Services. Inpatient Care comprises all the medical and surgical services that are provided to patients who are admitted to a hospital for an overnight stay. Outpatient Care covers all medical and surgical services that are provided to patients without having to spend the night in a hospital. Other Hospital Services includes hospital services that are provided outside of a basic hospital setting, e.g., day-care, long-term care, and home-based care.

Additional information:
The shown KPIs include revenues, average revenue per capita, number of hospitals, density of hospitals, average revenue per hospital, number of hospital beds, density of hospital beds, and average revenue per hospital bed. Market values represent revenues paid to hospitals by the respective healthcare payers (including VAT, if applicable). Reported market revenues include spending by consumers (B2C), enterprises (B2B), and governments (B2G). Revenues are allocated to the country where the money is spent.

General hospitals, including community, county, and regional hospitals
Psychiatric hospitals
Specialist hospitals, such as maternity clinics and aesthetics clinics

Long-term care facilities
Ambulatory care providers, such as specialist practices and dental practices
Providers of ancillary medical services
Medical retailers and other providers of medical supplies

The Hospitals market in France has been experiencing significant growth in recent years, driven by various factors such as the aging population, increasing prevalence of chronic diseases, and advancements in medical technology.

Customer preferences: Patients in France are increasingly seeking high-quality healthcare services that are accessible and affordable. They prefer hospitals that offer a wide range of services, including specialized treatments and advanced medical technology. Additionally, patients are becoming more involved in their own healthcare decisions and are seeking hospitals that prioritize patient-centered care.

Trends in the market: One of the major trends in the Hospitals market in France is the increasing adoption of digital health technologies. Hospitals are investing in electronic medical records, telemedicine, and other digital tools to improve patient care and reduce costs. Another trend is the growing popularity of private hospitals, which offer patients shorter wait times and a more personalized healthcare experience.

Local special circumstances: The French government plays a significant role in the Hospitals market, as it provides funding for public hospitals and regulates the healthcare industry. Additionally, France has a highly centralized healthcare system, with most healthcare services provided by public hospitals. Private hospitals are also present, but they are often more expensive and cater to patients with higher incomes.

Underlying macroeconomic factors: The French economy has been growing steadily in recent years, which has led to increased healthcare spending. Additionally, the aging population in France has led to a higher demand for healthcare services, particularly for chronic diseases such as diabetes and cardiovascular disease. The French government has also made efforts to improve the healthcare system by investing in medical technology and increasing access to healthcare services in rural areas.In conclusion, the Hospitals market in France is experiencing growth due to a combination of factors, including patient preferences, technological advancements, and underlying macroeconomic factors. As the healthcare industry continues to evolve, hospitals in France will need to adapt to meet the changing needs of patients and the healthcare system.

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on revenue received by hospitals from public or private sources, allocated to the country where the money is spent, including VAT if applicable.

Modeling approach / Market size:

Market sizes are determined by a bottom-up approach, based on a specific rationale for each market market. Next, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, public health spend, and GDP. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Health market, in a PDF format.

The healthcare landscape in the United States is a complicated one. There are federal health insurance plans for low-income individuals namely Medicaid and CHIP (Children’s health insurance program) and Medicare for seniors and the disabled. Aside from these, people must buy private health insurance or be left uninsured because the U.S. is the only high-income country without universal healthcare coverage. Hospitals in the U.S., therefore, receive payment from multiple payers. Most revenue generated by U.S. hospitals comes from private insurance, self, or other payments. The complexity of this multi-payer system is instrumental to the U.S. having the highest administrative health costs per capita among wealthy nations.