According to a ranking by Statista and Newsweek, the best hospital in the United States is the Mayo Clinic in Rochester, Minnesota. Moreover, the Mayo Clinic was also ranked as the best hospital in the world, among over 50,000 hospitals in 30 countries. Cleveland Clinic in Ohio and the Johns Hopkins Hospital in Maryland were ranked as second and third best respectively in the U.S., while they were second and forth best respectively in the World.
According to a ranking of the best hospitals in the U.S., the best hospital for adult cancer is the University of Texas MD Anderson Cancer Center, which had a score of 100 out of 100, as of 2024. This statistic shows the top 10 hospitals for adult cancer in the United States based on the score given by U.S. News and World Report's annual hospital ranking.
According to a ranking by Statista and Newsweek, the best hospital in Norway is Oslo Universitetssykehus in Oslo. Moreover, Oslo Universitetssykehus was also ranked as the 29th best hospital in the world, among over 50,000 hospitals in 30 countries. St. Olavs Hospital in Trondheim and Haukeland Universitetssykehus in Bergen were ranked as second and third best respectively in the Norway, while they were 138th and 151st best respectively in the World.
According to a ranking by Statista and Newsweek, the best hospital in Denmark is the Rigshospitalet - København in Copenhagen. Moreover, the Rigshospitalet - København was also ranked as the 21st best hospital in the world, among over 50,000 hospitals in 30 countries. Aarhus Universitetshospital in Aarhus and Odense Universitetshospital in Odense were ranked as second and third best respectively in the Denmark, while they were 23rd and 85th best respectively in the World.
According to a ranking by Statista and Newsweek, the best hospital in Finland is Helsinki University Hospital in Helsinki. Moreover, Helsinki University Hospital was also ranked as the 50th best hospital in the world, among over 50,000 hospitals in 30 countries. Tampere University Hospital in Tampere and Turku University Hospital in Turku were ranked as second and third best respectively in the Finland, while they were 126th and 121st best respectively in the World.
According to a ranking of the best hospitals in the U.S., the best hospital for adult cardiology, heart, and vascular surgery is the Cleveland Clinic in Ohio, which had a score of 100 out of 100, as of 2024. This statistic shows the top 10 hospitals for adult cardiology, heart, and vascular surgery in the United States based on the score given by U.S. News and World Report's annual hospital ranking.
According to a ranking by Statista and Newsweek, the best hospital in Sweden is the Karolinska Universitetssjukhuset in Stockholm. Moreover, Karolinska Universitetssjukhuset was also ranked as the seventh-best hospital in the world, among over 50,000 hospitals in 30 countries. Sahlgrenska Universitetssjukhuset in Göteborg and Akademiska Sjukhuset in Uppsala were ranked as second and third best respectively in the Sweden, while they were 74th and 75th best respectively in the World.
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South Korea Number of Hospital was up 3.5% in 2019, compared to the previous year.
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The average for 2020 based on 36 countries was 4.44 hospital beds. The highest value was in South Korea: 12.65 hospital beds and the lowest value was in Mexico: 0.99 hospital beds. The indicator is available from 1960 to 2021. Below is a chart for all countries where data are available.
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Hospitals play a critical role in healthcare, offering specialized treatments and emergency services essential for public health, regardless of economic fluctuations or individuals' financial situations. Rising incomes and broader access to insurance have fueled demand for care in recent years, supporting hospitals' post-pandemic recovery initiated by federal policies and funding. The recovery for many hospitals was also promoted by mergers that lessened financial strains, especially in rural hospitals. This trend toward consolidation has resulted in fewer enterprises relative to establishments, enhancing hospitals' bargaining power regarding input costs and insurance reimbursements. With this improved position, hospitals are expected to see revenue climb at a CAGR of 2.0%, reaching $1.5 trillion by 2025, with a 3.2% increase in 2025 alone. Competition, economic conditions and regulatory changes will impact hospitals based on size and location. Smaller hospitals, particularly rural ones, may encounter more significant obstacles as the industry transitions from fee-based to value-based care. Independent hospitals face wage inflation, staffing shortages and drug supply costs. Although state and federal policies aim to support small rural hospitals in addressing hospital deserts, uncertainties linger over federal Medicare funding and Medicaid reimbursements, which account for nearly half of hospital care spending. Even so, increasing per capita disposable income and increasing the number of individuals with private insurance will boost revenues from private insurers and out-of-pocket payments for all hospitals, big and small. Hospitals will continue incorporating technological advancements in AI, telemedicine and wearables to enhance their services and reduce cost. These technologies aid hospital systems in strategically expanding outpatient services, mitigating the increasing competitive pressures from Ambulatory Surgery Centers (ASCs) and capitalizing on the increased needs of an aging adult population and shifts in healthcare delivery preferences. As the consolidation trend advances and technology adoption further leverages economies of scale, industry revenue is expected to strengthen at a CAGR of 2.4%, reaching $1.7 trillion by 2030, with steady profit over the period.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 2.51(USD Billion) |
MARKET SIZE 2024 | 2.61(USD Billion) |
MARKET SIZE 2032 | 3.55(USD Billion) |
SEGMENTS COVERED | Cord Length ,Number of Outlets ,Plug Type ,Application ,Industry ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Increasing demand for patient safety Growing preference for disposable extension cords Advancements in medical technology Stringent regulatory policies Rising healthcare expenditure |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Siemens AG. ,Leviton Manufacturing Company, Inc.. ,Panasonic Corporation. ,Prysmian Group. ,General Electric Company. ,Belden Inc.. ,Hubbell Incorporated. ,Cooper Industries, Inc.. ,Eaton Corporation PLC. ,Southwire Company, LLC. |
MARKET FORECAST PERIOD | 2025 - 2032 |
KEY MARKET OPPORTUNITIES | High demand for safety Rapid technological advancements Growing healthcare infrastructure Increasing awareness of infection control Expansion of outpatient facilities |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.93% (2025 - 2032) |
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 15.44(USD Billion) |
MARKET SIZE 2024 | 16.31(USD Billion) |
MARKET SIZE 2032 | 25.3(USD Billion) |
SEGMENTS COVERED | Power Output ,Fuel Type ,Application ,End-User ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | 1 Advancements in Technology 2 Stringent Regulatory Requirements 3 Rising Healthcare Infrastructure Development 4 Focus on Environmental Sustainability 5 Increased Adoption of Wireless Technology |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Aggreko ,MTU Onsite Energy ,Kohler Power Systems ,Siemens ,Generac Power Systems ,Toshiba Mitsubishi Electric Industrial Systems Corporation ,Wilson Power Solutions ,Yanmar ,Atlas Copco Group ,Pramac ,HydroMAC ,Cummins ,Clarke Energy ,RollsRoyce Power Systems ,Caterpillar |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | 1 Growing demand for reliable power sources 2 Increasing focus on healthcare infrastructure development 3 Advancements in battery technology 4 Government initiatives for healthcare modernization 5 Rising awareness about patient safety |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 5.64% (2024 - 2032) |
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Reducing unplanned readmissions is a major focus of current hospital quality efforts. In order to avoid unfair penalization, administrators and policymakers use prediction models to adjust for the performance of hospitals from healthcare claims data. Regression-based models are a commonly utilized method for such risk-standardization across hospitals; however, these models often suffer in accuracy. In this study we, compare four prediction models for unplanned patient readmission for patients hospitalized with acute myocardial infarction (AMI), congestive health failure (HF), and pneumonia (PNA) within the Nationwide Readmissions Database in 2014. We evaluated hierarchical logistic regression and compared its performance with gradient boosting and two models that utilize artificial neural networks. We show that unsupervised Global Vector for Word Representations embedding representations of administrative claims data combined with artificial neural network classification models improves prediction of 30-day readmission. Our best models increased the AUC for prediction of 30-day readmissions from 0.68 to 0.72 for AMI, 0.60 to 0.64 for HF, and 0.63 to 0.68 for PNA compared to hierarchical logistic regression. Furthermore, risk-standardized hospital readmission rates calculated from our artificial neural network model that employed embeddings led to reclassification of approximately 10% of hospitals across categories of hospital performance. This finding suggests that prediction models that incorporate new methods classify hospitals differently than traditional regression-based approaches and that their role in assessing hospital performance warrants further investigation.
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Global Hospital Market was valued at USD 3875.20 Billion in 2024 and is expected to reach USD 5581.87 Billion by 2030 with a CAGR of 6.47%.
Pages | 185 |
Market Size | 2024: USD 3875.20 Billion |
Forecast Market Size | 2030: USD 5581.87 Billion |
CAGR | 2025-2030: 6.47% |
Fastest Growing Segment | Public |
Largest Market | North America |
Key Players | 1. Ramsay Health Care Limited 2. Community Health Systems, Inc. 3. Spire Healthcare Group plc 4. Tenet Healthcare Corporation 5. Universal Health Services, Inc. 6. IHH Healthcare Berhad 7. Apollo Hospitals Enterprise Limited 8. HCA Healthcare, Inc. 9. Fresenius SE & Co. KGaA 10. ORPEA Group |
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Association of rurality of patients’ residence with patient experience.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 10.78(USD Billion) |
MARKET SIZE 2024 | 11.1(USD Billion) |
MARKET SIZE 2032 | 14.0(USD Billion) |
SEGMENTS COVERED | Material ,Type ,Track Length ,Curtain Type ,Application ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Rising demand for privacy and infection control Increasing focus on patient safety and comfort Growing healthcare infrastructure in emerging markets Technological advancements leading to innovative products Increasing awareness of infection prevention and control measures |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Assa Abloy ,Allegion ,Schlage ,HillRom Holdings ,Dorma ,Hafele ,Arjo ,Getinge ,Stanley Healthcare ,Stryker ,Yale ,Tente ,Borgmann |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | Growing healthcare infrastructure Increasing demand for infection control Technological advancements Rising focus on patient privacy Growing awareness about healthcare hygiene |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 2.94% (2024 - 2032) |
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San Marino Hospital Beds: per 1000 People data was reported at 3.800 Number in 2012. This records a decrease from the previous number of 3.850 Number for 2011. San Marino Hospital Beds: per 1000 People data is updated yearly, averaging 6.734 Number from Dec 1980 (Median) to 2012, with 10 observations. The data reached an all-time high of 7.657 Number in 1988 and a record low of 3.800 Number in 2012. San Marino Hospital Beds: per 1000 People data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s San Marino – Table SM.World Bank: Health Statistics. Hospital beds include inpatient beds available in public, private, general, and specialized hospitals and rehabilitation centers. In most cases beds for both acute and chronic care are included.; ; Data are from the World Health Organization, supplemented by country data.; Weighted average;
Hospital beds provide information on health care capacities, i.e. on the maximum number of patients who can be treated by hospitals. Curative care (or acute care) beds in hospitals are beds that are available for curative care. These beds are a subgroup of total hospital beds which are defined as all hospital beds which are regularly maintained and staffed and immediately available for the care of admitted patients; both occupied and unoccupied beds are covered. Hospitals are defined according to the classification of health care providers of the System of Health Accounts (SHA); all public and private hospitals should be covered.
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Lebanon LB: Hospital Beds: per 1000 People data was reported at 3.500 Number in 2012. This stayed constant from the previous number of 3.500 Number for 2009. Lebanon LB: Hospital Beds: per 1000 People data is updated yearly, averaging 3.465 Number from Dec 1960 (Median) to 2012, with 10 observations. The data reached an all-time high of 4.581 Number in 1960 and a record low of 1.651 Number in 1990. Lebanon LB: Hospital Beds: per 1000 People data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Lebanon – Table LB.World Bank: Health Statistics. Hospital beds include inpatient beds available in public, private, general, and specialized hospitals and rehabilitation centers. In most cases beds for both acute and chronic care are included.; ; Data are from the World Health Organization, supplemented by country data.; Weighted average;
As of March 2024, Brazil was home to approximately ***** hospitals, ****** operating rooms, and ******* hospital beds. In 2022, Hospital Israelita Albert Einstein, located in Brazil, was considered the leading hospital in Latin America, based on quality. That year, Hospital Sírio-Libanês and Hospital Moinhos de Vento were also among the ten leading hospitals in the region.More information by Global Health Intelligence on hospital infrastructure in various Latin American countries can be found here.
According to a ranking by Statista and Newsweek, the best hospital in the United States is the Mayo Clinic in Rochester, Minnesota. Moreover, the Mayo Clinic was also ranked as the best hospital in the world, among over 50,000 hospitals in 30 countries. Cleveland Clinic in Ohio and the Johns Hopkins Hospital in Maryland were ranked as second and third best respectively in the U.S., while they were second and forth best respectively in the World.