Micro-hospitals Industry- Regional Synopsis
North American Market Forecast
The micro-hospitals market in North America is estimated to have the largest share of approximately 41% in 2023, driven by the growing governmental investments in this market. According to a report, the total investment in healthcare was worth 57 billion USD in 2021, indicating a YoY increase of about 137%. Moreover, with the increase in research and development for producing more efficient and reliable healthcare and healthcare delivery platforms, these demands are expected to fuel the demand for the micro-hospitals market in the region.
APAC Market Statistics
The Asia Pacific micro-hospitals market is estimated to be the second largest, during the forecast timeframe led by an increase in the adoption of several technologically advanced healthcare models, along with the ever-expanding geographical reach of the companies in this industry as this causes a surge in the number of micro-hospitals healthcare start-ups along with the growing demand in service launches. For instance, according to the report by the US Department of Health & Human Services (HHS) in February 2022, HHS awarded around USD 55 million to increase virtual healthcare access and quality through community healthcare centers.