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At 2.8% of CAGR Specialty Hospitals Market Is Hitting $509.10 Billion by 2027

Increasing Incidences of Chronic Diseases is Expected to Speed Up the Growth of The Specialty Hospitals Market from 2019 to 2027.

 

Pune, India -- (SBWIRE) -- 03/05/2019 -- Specialty hospitals are not new and are involved in providing cancer, cardiology, orthopedic and other specialized patient care. The hospital industry is subject of renewed importance on quality of care and consumer satisfaction and hence specialty hospitals have been established to offer specialized care. Joint replacement surgery is on rise due to rising joint diseases like arthritis.

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Every year more and more people live with this condition, which can result in life-changing complications. As per the American Academy of Orthopaedic Surgeons, by 2030, number of total knee replacement surgeries in the US are projected to grow to 3.5 million procedures per year. The increase in the joint replacement procedures poses opportunities for specialty hospitals market to grow. Also, according to the World Health Organization in 2018, cancer was the second leading cause of death across the globe, and is responsible for an estimated 9.6 million deaths in 2018. Furthermore, the American Cancer Society estimated that in 2018, 1,735,350 new cancer cases were diagnosed. Cardiology specialty hospitals treat several heart conditions that helps in relieving and controlling the symptoms. According to Emory Healthcare in 2018, around 5 million people in America suffer from congestive heart failure (CHF).

Top Major Player Influencing the Specialty hospitals Market are-
1. Encompass Health Corporation
2. Kindred Healthcare Inc
3. Memorial Sloan-Kettering
4. Steward Health Care System LLC
5. Belhoul Speciality Hospital
6. Advanced Specialty Hospitals
7. HCA Management Services L.P
8. TH Medica, Community Health Systems, Inc.
9. Universal Health Services, Inc.
10. Select Medical Corporation (Kessler Institute for Rehabilitation)

The objective of the study is to describe, define, and forecast the specialty hospitals market by type. The report also provide detailed information regarding the major factors influencing growth of the market (drivers, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall market.

The specialty hospitals market report analyzes factors affecting specialty hospitals market from both demand side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, , opportunities, and future trend. The report provides the analysis for the every segment in detail across all the regions such as North America, Europe, Asia Pacific, Middle East & Africa and South and Central America.

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