Specialty Hospitals in the Asia Pacific Market - Forecast to 2027: Dominated by Encompass Health Corporation and Select Medical Corporation - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Apr 11, 2019--The “Asia Pacific Specialty Hospitals Market to 2027 - Regional Analysis and Forecasts by Type and Country” report has been added to ResearchAndMarkets.com’s offering.
The Asia Pacific Specialty hospitals market is expected to reach US$ 99 Mn in 2027 from US$ 73.6 in 2018. The market is estimated to grow with a CAGR of 3.4% from 2018-2027.
The growth of the market is driven by the factors such as increasing prevalence of chronic diseases, rising PPP initiatives in this region and growing geriatric population in the Asia Pacific region. Whereas, problems associated with specialty hospitals and increased specialty hospitals costs concerns is likely to have a negative impact on the growth of the market in the coming years.
A public-private partnership (PPP) is a cooperative arrangement between two or more public and private hospitals. There are deficiencies in public hospitals, hence partnership with private sector has emerged as a new avenue to eradicate the insufficiencies. The approach also includes developing private specialty hospital on public land that allows certain number of beds/ treatments available to publicly funded patients.
For instance, In India, the Government of Punjab and Max Healthcare Institute entered into Public Private Partnership and are setting up a super specialty healthcare facility for cancer and trauma care. The partnership focuses on providing healthcare services for cancer and trauma care in Mohali, Punjab.
According to the partnership, Max Healthcare Institute Ltd (private provider) shall construct and manage the Greenfield super specialty hospital for a period of 50 years (concession period); and the Government of Punjab shall provide the land required for hospital to Max Healthcare Institute Ltd, who will provide the healthcare services. Max Healthcare Institute Ltd will pay the Government of Punjab an upfront consideration and 5% of the total revenue as annual concession fee.
Therefore, owing to the advantages of the Public Private Partnership in hospitals sector, the specialty hospitals are likely to boost the growth of the specialty hospitals market in the forecast years.
Japan is anticipated to lead the adoptions of Specialty Hospitals across the Asia Pacific region through the forecast period. The private hospitals such as Tokatsu Dialysis Hospital & Clinics offers 14 different medical specialties such as nephrology, cardiovascular, gastroenterological surgery and orthopedics among others. Likewise, the another multispecialty hospital in Japan is Sakra World Hospital which provide services for the neurosciences, cardiac sciences, women and child health, orthopedics, digestive and HPB sciences and renal sciences.
Thus, Japan is already ahead in the specialty hospitals in the region, however, it is expected that the market is likely to propel in the coming future.
Key Topics Covered:
Part 1. Introduction
1.1 Scope of the Study
1.2 Report Guidance
Part 2. Asia Pacific Specialty Hospitals Market - Key Takeaways
Part 3. Asia Pacific Specialty Hospitals Market - Market Landscape
3.2 Market Segmentation
3.2.1 Asia Pacific Specialty Hospitals Market - by Type
3.2.2 Asia Pacific Specialty Hospitals Market - by Country
3.3 Pest Analysis
3.3.1 Asia Pacific - Pest Analysis
Part 4. Asia Pacific Specialty Hospitals Market - Key Market Dynamics
4.1 Key Market Drivers
4.1.1 Rising Incidences of Chronic Disease Due To Change In Lifestyle In the Asia Pacific Region
4.1.2 Rising Public Private Partnership Initiatives In the Asian Healthcare Industry
4.2 Key Market Restraints
4.2.1 Expensive Treatment Costs At Specialty Hospitals
4.2.2 Issues Associated With the Specialty Hospitals
4.3 Key Market Opportunities
4.3.1 Super Specialty and Multi-Specialty Hospitals Are Expanding In the Asia Pacific
4.4 Future Trends
4.4.1 Microhospitals: New Trend In the Healthcare Industry
4.5 Impact Analysis
Part 5. Specialty Hospitals Market - Asia Pacific Analysis
5.1 Asia Pacific Specialty Hospitals Market Revenue Forecasts and Analysis
5.2 Market Positioning
5.3 Performance of Key Players
- Encompass Health Corporation
- Select Medical Corporation (Kessler Institute For Rehabilitation)
5.4 Expert Opinions
Part 6. Asia Pacific Specialty Hospitals Market Analysis - by Type
6.2 Asia Pacific Specialty Hospitals Market, by Type, 2017 & 2027 (%)
6.3 Asia Pacific Specialty Hospitals Market Revenue and Forecasts To 2027, by Type (US$ Bn)
6.4 Cancer Hospitals Market
6.5 Cardiac Hospitals Market
6.6 Rehabilitation Hospitals Market
6.7 Ent Hospitals Market
6.8 Neurology Hospitals Market
6.9 Orthopedic Hospitals Market
6.10 Others Market
Part 7. Asia Pacific Specialty Hospitals Market Revenue and Forecasts To 2027
7.2 Asia Pacific Specialty Hospitals Market Revenue and Forecasts To 2027, by Country (%)
7.3 China Specialty Hospitals Market Revenue and Forecasts To 2027 (US$ Bn)
7.4 Japan Specialty Hospitals Market Revenue and Forecasts To 2027 (US$ Bn)
7.5 India Specialty Hospitals Market Revenue and Forecasts To 2027 (US$ Bn)
Part 8. Specialty Hospitals Market -Industry Landscape
8.2 Growth Strategies In the Specialty Hospitals Market, 2016-2018
8.3 Organic Developments
Part 9. Specialty Hospitals Market-Key Company Profiles
9.1 Encompass Health Corporation
9.1.1 Key Facts
9.1.2 Business Description
9.1.3 Financial Overview
9.1.4 Product Portfolio
9.1.5 SWOT Analysis
9.1.6 Key Developments
9.2 Memorial Sloan Kettering Cancer Center
9.3 Steward Health Care
9.4 Belhoul Speciality Hospital
9.5 Advanced Specialty Hospitals
9.6 Hca Management Services L.P.
9.7 TH Medical
9.8 Chspsc LLC
9.9 Select Medical Corporation (Kessler Institute For Rehabilitation)
9.10 Kindred Healthcare Inc.
For more information about this report visit https://www.researchandmarkets.com/r/gt22f1
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Related Topics:Hospital Management
INDUSTRY KEYWORD: HEALTH HOSPITALS
SOURCE: Research and Markets
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PUB: 04/11/2019 10:24 AM/DISC: 04/11/2019 10:23 AM