Artificial Intelligence
At 12.5% CAGR, Global Private Hospital Market Size & Share to Surpass USD 2000 Billion by 2028: Industry Trends & Forecast Report by Facts & Factors
NEW YORK, US, March 02, 2022 (GLOBE NEWSWIRE) — Facts and Factors published a new research report titled “Private Hospital Market By Category (Children’s Hospital, Multispecialty Hospitals, Acute Care Hospitals, and Specialty Hospitals), By Hospital Capacity (Large (>500 Beds), Medium (100 Beds – 500 Beds), Small (100 Beds)), By Location (Rural and Urban), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data and Forecast 2022 – 2028” in its research database.
“According to the latest research study, the demand of global Private Hospital Market size & share was worth around USD 820 billion in 2021 and is estimated to grow to about USD 2000 billion by 2028, with a compound annual growth rate (CAGR) of approximately 12.5% over the forecast period.”
The report analyzes the private hospital market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the private hospital market.
How big is the Private Hospital Market?
Private Hospital Market Overview:
Private hospitals are owned by either for-profit or non-profit organizations. It is often sponsored privately by payments made by patients for healthcare services, insurance, government agencies through national health insurance programs, and foreign delegations. Private hospitals are healthcare facilities that are privately funded. The private hospital market’s major sector is long-term healthcare. In different countries, the private healthcare industry varies in terms of size and responsibility.
The target market is significantly fragmented in many regions. Many small practices are owned by healthcare professionals in the private sector. Furthermore, the private hospital market is growing more commercial. In different countries, the private hospital market differs in size and responsibility. The private hospital market is severely fragmented in many regions. Many small practices owned by healthcare professionals exist in the private hospital market. Furthermore, the private hospital market is growing more commercial.
Get a Free Sample PDF of this Research Report for more Insights with Table of Content, Research Methodology and Graphs – https://www.fnfresearch.com/sample/private-hospital-market
(A free sample of this report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
- About 215+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on Request
- Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2022
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Facts and Factors research methodology
(Please note that the sample of this report has been modified to include the COVID-19 impact study prior to delivery.)
Private Hospital Market Dynamics:
Drivers
- Increasing demand for medical services to drive global market growth
The utilization of private medical services is increasing as demand for medical services has increased. The growing elderly population enhanced reimbursement policies, and rising rates of chronic diseases are among the important aspects of the growth of the global private hospital market. Large-scale outsourcing of National Health Services and the advent of advanced medical technology and treatments are propelling the global market forward.
Also, the global market would benefit from more medical tourism and shorter treatment wait times. The need for diagnostic therapy and care is on the rise in the global private hospital market. However, the charges connected with private hospitals are a major factor limiting their growth. This is mostly due to high operational costs and service charges.
Opportunities
- Emerging scenario for medical tourism to bring growth opportunities for the global market
The global private hospital market would benefit from more medical tourism and shorter treatment wait times. The need for diagnostic therapy and care is on the rise in the global market. Further, the global players are getting into mergers & acquisitions that are either assisting them to expand their reach or enter the market. Also, the advent and implementation of budding technologies like using AI (Artificial Intelligence) in radiology for computer-aided diagnosis or using nuclear medicine for treating neurological diseases & oncology will further pave way for growth opportunities in the global market.
Prominent Market Players
- Toulon Hyères Private Hospital
- St Francis Foundation
- Deaconesses Croix Saint
- Apollo Hospitals Enterprise Ltd.
- Healthe Care
- Ramsay Health Care
- HCA Healthcare
- Fresenius SE & Co. KGaA
- Nuffield Health
- Fortis Healthcare Limited
- London Bridge Healthcare
- Life Healthcare
- Spire Healthcare Group Plc.
- MEOCLINIC Gmbh
- IASIS Healthcare
- Care UK
Directly Purchase a copy of the report with TOC @ https://www.fnfresearch.com/buynow/su/private-hospital-market
Private Hospital Market: COVID-19 Impact Analysis
The COVID-19 pandemic is anticipated to notably widen the increase in the global private hospital market. With the upward push in the number of COVID-19 patients, an increase in the wide variety of diagnostics and remedies for COVID-19 is predicted, which in turn is expected to bring about the production of large quantities of clinical waste. Furthermore, the management of in-patient and out-patient services in the course of a pandemic is of utmost importance, given social distancing. Moreover, hygiene care is crucial in combating COVID-19 conditions. As a result of COVID-19, healthcare facilities must provide care in the safest possible method for patients and healthcare professionals, according to the Centers for Disease Control and Prevention (CDC).
The second wave of COVID-19, on the other hand, had an impact on the private hospital market because patient visitation, both domestic and international, had dropped. Hospitals were forced to halt non-emergency, outdoor patient department (OPD), and indoor patient department (IPD) services due to high infection rates and lockdowns. As a result of travel restrictions, medical tourism had also declined.
Despite the initial drop in visitation, signs of patient recovery and modified lockdown regulations resulted in a rise in hospital occupancy rates.
Key Insights from Primary:
- As per the analysis shared by our primary respondents, the global private hospital market is estimated to grow at a CAGR of 12.5% during the forecast period.
- Through the primary research, it was established that the Private Hospital market was valued at around USD 820 billion in 2021and is predicted to cross over USD 2000 billion by 2028.
- By 2028, the acute care hospital segment is expected to generate over USD 950 billion in revenue.
- Based on the Hospital capacity segment, the medium bed size segment is likely to generate almost USD 1,200 billion in revenue during the forecast period.
- On the basis of region, North America leads the global private hospital market.
Key questions answered in this report:
- What is the market size and growth rate forecast for Private Hospital Industry?
- What are the main driving factors propelling the Private Hospital Market forward?
- What are the leading companies in the Private Hospital Industry?
- What segments does the Private Hospital Market cover?
- How can I receive a free copy of the Private Hospital Market sample report and company profiles?
Inquire before buying this Research Report – https://www.fnfresearch.com/inquiry/private-hospital-market
Report Scope
| Report Attribute | Details |
| Market Size in 2021 | USD 820 Billion |
| Projected Market Size in 2028 | USD 2000 Billion |
| CAGR Growth Rate | 12.5% CAGR |
| Base Year | 2021 |
| Forecast Years | 2022-2028 |
| Key Market Players | Toulon Hyères Private Hospital, St Francis Foundation, Deaconesses Croix Saint, Apollo Hospitals Enterprise Ltd., Healthe Care, Ramsay Health Care, HCA Healthcare, Fresenius SE & Co. KGaA, Nuffield Health, Fortis Healthcare Limited, London Bridge Healthcare, Life Healthcare, Spire Healthcare Group Plc., MEOCLINIC Gmbh, IASIS Healthcare, and Care UK., among others |
| Key Segment | By Category, By Hospital Capacity, By Location, and By Region |
| Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
| Purchase Options | Request customized purchase options to meet your research needs. Explore purchase options |
Private Hospital Market: Segmentation Analysis
The global private hospital market is segregated based on category, hospital capacity, location, and region. Based on category, the global market is distinguished into children’s hospitals, multispecialty hospitals, acute care hospitals, and specialty hospitals. The acute care hospitals segment dominates the market.
Based on hospital capacity, the market is bifurcated into large, medium, and small. The medium size hospitals segment is expected to lead over the forecast period. As per location, the market is segmented into rural and urban, the latter contributes massively towards the overall private hospital market share.
Request for Customization on this Report as per your requirements – https://www.fnfresearch.com/customization/private-hospital-market
(We tailor your report to meet your specific research requirements. Inquire with our sales team about customizing your report.)
Still, Looking for More Information? OR Want Data for Inclusion in Magazine, Case Study, or Media?
Email Directly Here with Detail Information: [email protected]
Regional Dominance:
- North America leads the global private hospital market
North America leads the global private hospital market because of its vast aging population and rising rates of lifestyle-related disorders. During the forecast period, the global market is predicted to rise at a rapid pace, with Asia leading the way, followed by Europe. India and China are predicted to be the Asia Pacific region’s fastest-expanding private hospital markets.
Large patient pools increased healthcare knowledge, and increased healthcare costs are some of the primary driving reasons for the private hospital market in emerging countries. Furthermore, in developing countries, the government is unable to address healthcare needs due to a lack of resources.
Browse the full “Private Hospital Market By Category (Children’s Hospital, Multispecialty Hospitals, Acute Care Hospitals, and Specialty Hospitals), By Hospital Capacity (Large (>500 Beds), Medium (100 Beds – 500 Beds), Small (100 Beds)), By Location (Rural and Urban), and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data and Forecast 2022 – 2028.” Report at https://www.fnfresearch.com/private-hospital-market
The global private hospital market is segmented as follows:
By Category Segmentation Analysis
- Children’s Hospital
- Multispecialty Hospitals
- Acute care Hospitals
- Specialty Hospitals
By Hospital Capacity Segmentation Analysis
- Large (>500 beds)
- Medium (100 beds-500 beds)
- Small (100 beds)
By Location Segmentation Analysis
- Rural
- Urban
Key Offerings:
- Market Size, Share & Forecast by Revenue | 2022−2028
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis by Category, Hospital Capacity, Location, and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Request Your Free Sample Report of the Global Private Hospital Market @ https://www.fnfresearch.com/sample/private-hospital-market
Recent Developments
- September 2021 – With the opening of the first-of-its-kind specialized Bone Marrow Unit in Central Mumbai, Fortis Hospital, the renowned multi-specialty tertiary care hospital, is ready to shape the future in bone marrow transplants.
- November 2021 – Quirónsalud, one of the largest private hospital firms in Spain and a subsidiary of Fresenius Helios, has agreed to acquire Clínica Clofán, and Centro Oncológico de Antioquia (COA), strengthening the company’s position in Colombia.
Browse Other Related Research Reports from Facts & Factors
K-12 Private Education Market: https://www.fnfresearch.com/k-12-private-education-market
Private Tutoring Market: https://www.fnfresearch.com/private-tutoring-market-by-type-online-and-blended-170
Hospital Outsourcing Market: https://www.fnfresearch.com/hospital-outsourcing-market
Hospital Mobile X-Ray Market: https://www.fnfresearch.com/hospital-mobile-x-ray-market
Private Label Food and Beverages Market: https://www.fnfresearch.com/private-label-food-and-beverages-market-by-product-773
Medical Device Market: https://www.fnfresearch.com/medical-device-market
About Facts & Factors:
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.
Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.
Follow Us on LinkedIn: https://www.linkedin.com/company/fnfresearch
Follow Us on Twitter: https://twitter.com/fnfresearch
Follow Us on Facebook: https://www.facebook.com/factsandfactors/
Contact Us:
Sanu Thomas
USA: +1 347 690-0211
United Kingdom: +44 2032 894158
Japan: +81 50 5806 9039
India: +91 96043 17127
Email: [email protected]
Web: https://www.fnfresearch.com
Blog: http://fnfnewsblog.com
Artificial Intelligence
PolyU research finds improving AI large language models helps better align with human brain activity
HONG KONG, May 27, 2024 /PRNewswire/ — With generative artificial intelligence (GenAI) transforming the social interaction landscape in recent years, large language models (LLMs), which use deep-learning algorithms to train GenAI platforms to process language, have been put in the spotlight. A recent study by The Hong Kong Polytechnic University (PolyU) found that LLMs perform more like the human brain when being trained in more similar ways as humans process language, which has brought important insights to brain studies and the development of AI models.
Current large language models (LLMs) mostly rely on a single type of pretraining – contextual word prediction. This simple learning strategy has achieved surprising success when combined with massive training data and model parameters, as shown by popular LLMs such as ChatGPT. Recent studies also suggest that word prediction in LLMs can serve as a plausible model for how humans process language. However, humans do not simply predict the next word but also integrate high-level information in natural language comprehension.
A research team led by Prof. Li Ping, Dean of the Faculty of Humanities and Sin Wai Kin Foundation Professor in Humanities and Technology at PolyU, has investigated the next sentence prediction (NSP) task, which simulates one central process of discourse-level comprehension in the human brain to evaluate if a pair of sentences is coherent, into model pretraining and examined the correlation between the model’s data and brain activation. The study has been recently published in the academic journal Sciences Advances.
The research team trained two models, one with NSP enhancement and the other without, both also learned word prediction. Functional magnetic resonance imaging (fMRI) data were collected from people reading connected sentences or disconnected sentences. The research team examined how closely the patterns from each model matched up with the brain patterns from the fMRI brain data.
It was clear that training with NSP provided benefits. The model with NSP matched human brain activity in multiple areas much better than the model trained only on word prediction. Its mechanism also nicely maps onto established neural models of human discourse comprehension. The results gave new insights into how our brains process full discourse such as conversations. For example, parts of the right side of the brain, not just the left, helped understand longer discourse. The model trained with NSP could also better predict how fast someone read – showing that simulating discourse comprehension through NSP helped AI understand humans better.
Recent LLMs, including ChatGPT, have relied on vastly increasing the training data and model size to achieve better performance. Prof. Li Ping said, “There are limitations in just relying on such scaling. Advances should also be aimed at making the models more efficient, relying on less rather than more data. Our findings suggest that diverse learning tasks such as NSP can improve LLMs to be more human-like and potentially closer to human intelligence.”
He added, “More importantly, the findings show how neurocognitive researchers can leverage LLMs to study higher-level language mechanisms of our brain. They also promote interaction and collaboration between researchers in the fields of AI and neurocognition, which will lead to future studies on AI-informed brain studies as well as brain-inspired AI.”
Media ContactMs Annie WongSenior Manager, Public AffairsTel: +852 3400 3853Email: [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/polyu-research-finds-improving-ai-large-language-models-helps-better-align-with-human-brain-activity-302156065.html
PARIS, May 27, 2024 /PRNewswire/ — VivaTech 2024 broke records with more than 165,000 visitors over four days, a 10% increase over 2023. The event welcomed 13,500 start-ups, a 20% increase over the previous year.
A BUSINESS AND FINANCE ACCELERATOR
VivaTech has established itself as a key business event, generating more than 400,000 online business connections this year. Startups forged business relationships with companies from 25 sectors and met over 2,000 investors.
VIVA TECHNOLOGY CONFIRMS ITS INTERNATIONAL APPEAL
The event attracted representatives from more than 120 countries and 40 national pavilions. Japan, the country of the year, showcased its ecosystem with a ministerial delegation and more than 40 startups. Africa was also in the spotlight with the Africa Tech Lab and the AfricaTech Awards, honouring innovative startups such as Schoolz, Rology and Inclusivity Solutions.
AI AND SUSTAINABLE TECH AT THE HEART OF THE PROGRAMME
VivaTech 2024 showcased the latest advances in artificial intelligence, with nearly 40% of exhibitors dedicated to this technology. Sustainable tech was also in the spotlight, especially through the Impact Bridge, a space dedicated to initiatives for a sustainable future. VivaTech’s environmental efforts were rewarded with ISO 20-121 certification.
DIVERSITY MORE THAN EVER IN VIVATECH’S DNA
Diversity took centre stage where over 40% of speakers were women. Among the most notable initiatives, the Female Founder Challenge rewarded Albane Dersy from Inbolt. At the same time, Femtech France took advantage of the event to launch its second Femtech industry barometer.
THE MEETING PLACE FOR REVEALS, EXCLUSIVITIES AND INNOVATIONS
For four days, VivaTech was the scene of numerous revelations, with some fifty worldwide or European exclusives unveiled. Among these, Tesla’s Cybertruck made its first appearance in France, marking a highlight of the event.
INTERNATIONAL SPEAKERS
VivaTech 2024 consolidated its position as the must-attend technology event with over 400 international speakers sharing their visions on AI and sustainable tech. Speakers included Elon Musk, John Kerry, Eric Schmidt, Arthur Mensch, Robin Li, Linda Yaccarino and Serena and Venus Williams. Institutional figures such as Fumio Kishida, Bruno Le Maire and Thierry Breton also took an active part in the debates.
WE LOOK FORWARD TO SEEING YOU FROM 11 TO 14 JUNE 2025 AT PARIS PORTE DE VERSAILLES!
Contact: [email protected]
Photo – https://mma.prnewswire.com/media/2422630/Viva_Technology.jpgLogo – https://mma.prnewswire.com/media/2379487/Viva_Technology_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/vivatech-2024-a-record-breaking-event-302156012.html
Artificial Intelligence
Only Much Louder’s AI-powered influencer marketing tech, Hypothesis, expands globally, to empower brands to connect with international creators
OML Entertainment’s Hypothesis is targeting the Asia–Pacific Region, Middle East, Africa, and USA by 2025.Hypothesis will open borders for brands and agencies, facilitating a region-agnostic global platformMUMBAI, India, May 27, 2024 /PRNewswire/ — Only Much Louder’s AI-powered influencer marketing tech, Hypothesis, expands its global footprint, after revolutionizing the Indian influencer market. In the first phase, Hypothesis will be available in the Asia–Pacific region (Singapore, Australia, Malaysia, Philippines, Vietnam, Thailand), Middle Eastern countries (Abu Dhabi, GCC nations, Egypt, Lebanon, Saudi Arabia, Kuwait, Qatar) as well as in Africa (Kenya, Nigeria, South Africa) and the USA.
Himani Agrawal, Senior Vice President, Hypothesis-OML, said, “At Hypothesis, we’re proud to offer a comprehensive kit for creator evaluation using 100+ data points. We provide the ultimate tool for your marketing arsenal. This is made even more convenient with our self-serve mode, empowering brands to initiate impactful influencer campaigns independently.”
Hypothesis streamlines data-driven influencer marketing globally, after recognising a critical disconnect between creator technology and services. Hypothesis was created with an inherent potential to serve a global audience, by empowering brands and agencies to transcend geographical limitations and unite discovery, outreach, and analytics in a single, user-friendly platform. This will accelerate the growth of the creator economy, creating opportunities for creators and brands.
Gunjan Arya, CEO of OML Entertainment, said, “We will be closely monitoring the milestones of Hypothesis to infiltrate the markets at the rate of 5–10% in the first year. We will also keep an eye on the acquisition rate, which is aimed to rise by 15–20%. Besides, we seek to derive over 35% of revenue from our global expansion efforts.”
With Hypothesis, OML is strategizing to expand into markets like Australia, the Asia–Pacific, the Middle East, and Africa, due to the region’s influencer marketing industry, which stands at 33.4% CAGR. Regions like the USA and the MENA have emerged as key players that are driven by advanced technologies and demand for data analytics.
Leveraging OML’s successful presence in Southeast Asia, the Middle East, Africa, and Eastern Europe, Hypothesis is set for a smooth rollout. OML’s established network, combined with their in-house expertise, will provide a strong foundation for this endeavor.
For details, visit hyp.io
Photo: https://mma.prnewswire.com/media/2422425/OML_Entertainment_Hypothesis.jpg
View original content:https://www.prnewswire.co.uk/news-releases/only-much-louders-ai-powered-influencer-marketing-tech-hypothesis-expands-globally-to-empower-brands-to-connect-with-international-creators-302155957.html
-
Artificial Intelligence7 days agoIntouchCX Applauded by Frost & Sullivan for Enabling Seamless, Effortless, and Memorable Customer Interactions with Its Innovation-led Solutions Suite
-
Artificial Intelligence3 days agoTitans of Tech: GP Bullhound releases its annual report on the European tech ecosystem
-
Uncategorized3 days agoGienTech Hosted the “2024 GienTech Digital Transformation Conference” to Promote Overseas Collaborative Ecosystem Development
-
Uncategorized3 days ago
Hyreo ushers in a New Dawn for Recruitment Technology with Hyreo Labs
-
Artificial Intelligence3 days agoBybit Web3 Announces Upcoming IDO for Aperture Finance, Simplifying Web3 Finance
-
Artificial Intelligence3 days agoNorthern Data Group’s Peak Mining, announces purchase of a second 300MW data center location in Corpus Christi, Texas
-
Artificial Intelligence5 days agoHONOR Unveils Four-Layer AI Architecture and Forges Ahead with Google Cloud for More AI Experiences at VivaTech 2024
-
Artificial Intelligence3 days agoIoT Node and Gateway Market worth $604.7 billion by 2029 – Exclusive Report by MarketsandMarkets™
