According to American Hospital Association (AHA), an annual survey on hospitals in the U.S. reveals that, 5,534 hospitals were registered in the U.S. in 2017. According to the Central Bureau of Health Intelligence, the number of hospitals in India increased from 4,571 in 2000 to 11,993 in 2011. Furthermore, increasing government funding towards expanding the healthcare sector is fueling growth of the market. For instance, Saudi Arabia’s government allocated US$ 28.8 billion to health and social welfare, which includes funding for 11 new hospitals, 11 medical centers, and two medical complexes, in addition to the 132 hospitals and healthcare centers, in 2014.
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