Global Mobile Hospital Market projected to grow at a CAGR of 23.3% during the forecast period 2020-2027
A new research report published by Fior Markets with the title Mobile Hospital Market by Applications (Cardiovascular, Neurosurgery, Emergency Care, Laparoscopy Surgery, Diagnostic Imaging and Others), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2020 to 2027.
The global mobile hospital market is expected to grow from USD 8.33 billion in 2019 to USD 20.40 billion by 2027, at a CAGR of 23.3% during the forecast period 2020-2027. The North America region stands as a promising market for mobile hospitals and is expected to account for the majority market share worldwide in terms of revenue during the forecast period. The wide applicability of the mobile hospital market, increased demand for the health services and technologically equipped products has helped the market to increase its demand in the region. The markets in the United States and Canada are proliferating, commanding significant shares in the regional market.
NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
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Key players in the global mobile hospital market are Mobile Healthcare Facilities LLC., Odulair LL, Lamboo Mobile Medical, and NEAT Vehicles, among others. Key companies are mainly focusing on developing new products, forming partnerships, and joint ventures to gain significant market share in the global mobile hospital market.
On the basis of application, the global mobile hospital market has been divided into cardiovascular, neurosurgery, emergency care, laparoscopy surgery, diagnostic imaging and others. The core objective of the mobile healthcare service is to provide emergency care to the soldiers and the patients suffering from chronic diseases. Thus, the emergency care constitutes the major market share. The adoption of the mobile healthcare, especially in rural areas, has helped improve the health facilities. Moreover, the diagnostic imaging is expected to grow at a lucrative rate owing to the wide applications.
The key factors that drive the global mobile hospital market are increasing demand for telehealth, government initiatives, rising elderly population, affordable treatment and technological innovation, among other reasons. However, some factors hinder the growth of the mobile hospital market, which are low technological awareness and national healthcare budget constraints.
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About the report:
The global mobile hospital market is analyzed on the basis of value (USD Billion), volume (K Units), export (K Units), and import (K Units). All the segments have been analyzed on global, regional and country basis. The study includes an analysis of more than 30 countries for each segment. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The study includes porter’s five forces model, attractiveness analysis, raw material analysis, and competitor position grid analysis.
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