MICRO-HOSPITALS MARKET ANALYSIS

The U.S. is expected to account for largest share in the global micro-hospitals market over the forecast period

The U.S. is expected to account for major share in global micro-hospitals market, over the forecast period, owing to increasing joint ventures between companies to open micro-hospitals in economy due to increasing adoption of micro-hospitals by large scale hospital chains. For instance, in December 2017, Allegheny Health Network announced plans to build four micro-hospitals in Pittsburgh, U.S. through partnership with Emerus (largest micro-hospital operator in the U.S.) by end of 2019.

Also, increasing per capita expenditure on healthcare ion the market is expected to be another factor for growth of the market in the country. According to OECD, 2017 report, the U.S. has highest per capita health expenditure of around US$ 10,000 globally and amongst all OECD countries. Reimbursement benefits at micro-hospitals owing to plans such as affordable care act is also, expected to aid in increasing adoption of these. According Centre for Disease Control and Prevention, 2017, around 90% people in U.S. have insurance coverage and thus, are potential users of micro-hospitals. Around 19 states in the U.S. have micro-hospitals, therefore, further expansion in others states is expected to propel growth of the micro-hospitals market over the forecast period.