The US Hospital Supplies Market Report is Segmented by Product (Patient Examination Devices, Operating Room Equipment, Mobility Aids and Transportation Equipment, Sterilization and Disinfectant Equipment, Disposable Hospital Supplies, Syringes and Needles, and Other Types). The Report Offers the Value (USD) for the Above Segments.

In 2022, on average the expenses incurred by a non-profit hospitals for one inpatient day amounted to 3,167 U.S. dollars, compared to 2,383 U.S. dollars of expenses for for-profit hospitals. State or local government hospitals have costs somewhere in-between.

The United States Hospitals Market was valued at USD 1640.35 Billion in 2024 and is expected to reach USD 2558.65 Billion by 2030 with a CAGR of 7.65%.

The industry has encountered challenging conditions, with revenue falling at a CAGR of 1.2% to $28.5 billion over the past five years, despite a bump of 4.9% in 2023 alone. Hospitals have met a high degree of fiscal uncertainty via to the whittling down of the Patient Protection and Affordable Care Act (PPACA) from the prior administration, while a renewed focus on it by the Biden administration has already boosted the number of health-insured consumers, bolstering demand for hospital construction. From legislative hurdles to the global pandemic outbreak causing construction stoppages amid a surge in demand for hospital capacity, the industry has endured significant volatility.The industry includes private and public hospital construction, though private hospital construction makes up nearly 80.0% of the total. Growth in the value of both private and public hospital construction has been insufficient to keep up with inflation. This inconsistency in private and public markets helps to explain the halt in industry revenue growth, while at a broader level, hospitals have opted to shift acute care services to off-campus locations to reduce costs and reach a larger patient pool. The move has helped hospitals mitigate lower admission and inpatient days, but these facilities are smaller and generate less revenue for enterprises. As demand for hospital space in 2020 skyrocketed amid the pandemic, the industry couldn't respond rapidly due to local and state work stoppages.Going forward, revenue growth for the industry will resume as total health expenditure remains strong and the value of private nonresidential construction fully recovers and accelerates ahead of declines exhibited during the pandemic. As the population ages, a rising senior demographic will embolden demand for hospital services. In the post-pandemic world, government support for hospital capacity will also rise, benefiting industry performance. Overall, industry revenue is slated to grow at a CAGR of 3.0% to an estimated $33.0 billion in 2028 as profit recovers to 3.3%.

This paper presents new estimates of scale economies for US hospitals. We show that the common translog specification of hospital costs is a misspecification, and employ nonparametric, local linear estimation with both continuous and discrete covariates. A bootstrap method is used to provide inferences regarding ray scale economies and expansion path scale economies for a large sample of hospitals covering 1984-1996. We find evidence of changes in the structure of hospital costs over the sample period, as well as evidence of locally optimal hospital sizes.

The U.S. Hospital Information System is projected to be valued at $XX billion in 2024, driven by factors such as increasing consumer awareness and the rising prevalence of industry-specific trends. The market is expected to grow at a CAGR of YY%, reaching approximately $ZZ billion by 2034.

In 2024, the gross output of the U.S. hospitals industry stood at roughly ******* billion U.S. dollars. Revenue of the hospital industry rose steadily from *** billion U.S. dollars in 1997. The only time gross output decreased compared to the previous year was in 2020.

Between January and September 2024, healthcare organizations in the United States saw 491 large-scale data breaches, resulting in the loss of over 500 records. This figure has increased significantly in the last decade. To date, the highest number of large-scale data breaches in the U.S. healthcare sector was recorded in 2023, with a reported 745 cases.

The size of the US Health Information Exchange Industry market was valued at USD 0.66 Million in 2023 and is projected to reach USD 1.47 Million by 2032, with an expected CAGR of 12.12% during the forecast period. The U.S. HIE market has been enjoying a robust growth trajectory for years now and has received substantial impetus due to the requirements to improve care and outcome, occasioned by rising demand for healthcare providers to have their requirements of liquid sharing of data. HIE enables the electronic exchange of health information across various organizations and systems. This enables them to have broad access to patient information by healthcare professionals and reduces redundancies while enhancing care coordination. Key drivers in the market are driven by governments pushing interoperability and the use of EHRs seen within the 21st Century Cures Act, underlining the improvement of shared data. More attention is paid to value-based care models and population health management for health providers involved in better decision-making and improving patient care through HIE solutions. The geographic regions further illustrate an extensive array of public and private HIEs throughout the US; the fact that significant investment is occurring within both the public and private sectors speaks to the rapidly evolving market. Increased emphasis on advanced technologies such as cloud computing, artificial intelligence, and blockchain is being given to enable security and interoperability improvements for data systems as more healthcare organizations become conscious of the need for interconnected systems. Actually, the U.S. health information exchange industry is better poised to continue its growth in and around the future of healthcare delivery, one that is changing and further becoming efficient by its integration of collaboration among healthcare stakeholders. Recent developments include: In October 2022, Mpowered Health launched its xChange, the United States consumer-mediated healthcare data exchange. The exchange enables health plans, health systems, and other healthcare organizations to request and obtain medical records from consumers with their consent., In March 2022, mpro5 Inc announced its launch into the United States market with a strategy of enabling the collection and leverage of real-time data to simplify the most complex operational challenges in healthcare and hospitals.. Key drivers for this market are: Increasing Demand for Electronic Health Records Resulting in the Expansion of the Market, Government Support via Various Programs and Incentives; Reduction in Healthcare Cost and Improved Efficacy. Potential restraints include: Huge Initial Infrastructural Investment and Slow Return on Investment, Data Privacy and Security Concerns. Notable trends are: The Decentralized/Federated Model is Expected to Hold a Notable Market Share Over the Forecast Period.

Specialty hospitals have seen positive growth despite Medicare and Medicaid funding fluctuations, swings in the number of insured individuals and changes in per capita disposable income. Supportive non-operating investment income and diverse payor sources have supported continued revenue growth. At the same time, substantial government funding during the pandemic and waivers permitting the implementation of telehealth allowed hospitals to weather short-term demand and cost shocks. Despite the variability in funding and demand shock, revenue grew at a CAGR of 2.1% to $64.7 billion in 2024, with revenue increasing by 1.2% in 2024 alone. Mergers and consolidation continue to be prevalent trends among specialty hospitals. Belonging to a larger hospital chain allows specialty hospitals to benefit from economies of scale and increased access to innovation. Consolidation empowers specialty hospitals in health insurance contract negotiations, resulting in favorable prices. Also, larger establishments can negotiate more favorable terms with suppliers of critical inputs, leading to decreased costs and increased profit. Technological innovation has been pivotal in enhancing care quality and reducing operational costs, and smaller independent specialty hospitals may face challenges in bringing this quality to the market. Considerable investment required to procure advanced technology at large general hospitals puts smaller, unaffiliated specialty hospitals at a disadvantage. The outlook for specialty hospitals remains positive. With the growth in Medicaid and Medicare funding continuing at previous levels and a healthy economy supporting increased private insurance coverage, revenue and profit will climb. While state-level Certificate of Need (CON) laws may influence geographic concentration and boost competition, the hospital chain organizational trend will strengthen negotiating capabilities with insurance companies and suppliers. Specialty hospitals are emphasizing outpatient services, including advanced same-day surgeries. This shift is driven by patient preference, cost-efficiency and innovations such as minimally invasive procedures. Advancements in telehealth and remote monitoring will let hospitals manage post-surgery care effectively, reducing inpatient admissions. Lastly, demographic and preference shifts (a growing adult population with a higher prevalence of chronic diseases and a younger demographic benefiting from state-of-the-art technology) will drive customers to seek healthcare services at specialty hospitals. Revenue is forecast to rally at a CAGR of 2.9% through 2029 to total $74.6 billion and profit increasing to 14.7%.

Introduction

Global Big Data in Healthcare Market size is expected to be worth around USD 145.8 Billion by 2033 from USD 42.2 Billion in 2023, growing at a CAGR of 13.2% during the forecast period from 2024 to 2033.

Big data in healthcare encompasses vast amounts of diverse, unstructured data sourced from medical journals, biometric sensors, electronic medical records (EMRs), Internet of Medical Things (IoMT), social media platforms, payer records, omics research, and data repositories. Integrating this unstructured data into traditional systems presents considerable challenges, primarily in data structuring and standardization. Effective data structuring is essential for ensuring compatibility across systems and enabling robust analytical processes.

However, advancements in big data analytics, artificial intelligence, and machine learning have significantly enhanced the ability to convert complex healthcare data into actionable insights. These advancements have transformed healthcare, driving informed decision-making, enabling early and accurate diagnostics, facilitating precision medicine, and enhancing patient engagement through digital self-service platforms, including online portals, mobile applications, and wearable health devices.

The role of big data in pharmaceutical R&D has become increasingly central, as analytics tools streamline drug discovery, accelerate clinical trial processes, and identify potential therapeutic targets more efficiently. The demand for business intelligence solutions within healthcare is rising, fueled by the surge of unstructured data and the focus on developing tailored treatment protocols. As a result, the global market for big data in healthcare is projected to grow steadily during the forecast period.

In 2023, there were more than *** incidents of data compromises in the healthcare sector in the United States. Reaching its all-time highest. This indicates a significant growth since 2005 when the industry saw only ** cases of data compromises in the country.

The services offered by psychiatric hospitals are extensive, covering specialized facilities like detox centers, mental health hospitals providing comprehensive care and addiction hospitals focusing on substance use disorders. Some facilities are equipped to offer integrated services for individuals with multiple diagnoses. This growth indicates both rising demand and increased public awareness of mental health and substance use issues. However, geographic disparities, especially in the West, where uneven population distribution creates service provision challenges. The financial stability of these hospitals heavily depends on payor distribution. Medicare and Medicaid contribute about a quarter of the revenue, while third-party insurers provide nearly two-thirds. Economic conditions impact these payors differently, influencing hospital revenue, operational costs and profitability. During economic downturns, cuts in government funding may reduce revenue and changes in private insurance markets can influence patient volumes. Despite initial challenges from the health crisis, government and public insurance coverage have stimulated growth. Industry revenue will climb at a CAGR of 1.1% through 2025, reaching $35.3 billion, with a 3.0% increase in 2025 alone. Innovation and consolidation are transforming hospital services and organizational structures. Artificial intelligence, teletherapy and virtual reality enhance service offerings and patient outcomes. AI aids diagnosis and personalizes treatment, while teletherapy improves access, especially in underserved areas. Virtual reality introduces novel treatment options, appealing to patients seeking advanced therapies. Also, mergers and acquisitions and an increase in the number of hospital affiliations with chains promote financial stability and competitive strength. Larger organizations leverage resources to invest in infrastructure and negotiate favorable terms with insurers, helping them stay competitive despite rising staffing costs. Future federal policy might influence consumer demand and access to psychiatric services. The reorganization under the Administration for a Healthy America (AHA) may involve budget, staff and reimbursement cuts, potentially reducing service demand and access to grants and support. State-specific reductions in Medicaid funding could destabilize hospitals reliant on these reimbursements. Even so, economic factors are expected to drive overall growth. Increases in per capita disposable income, an increase in the number of privately insured individuals and growing health expenditures will bolster funding for hospital services. Industry revenue is projected to grow at a CAGR of 2.4%, reaching $39.7 billion by 2030, with profit revenue share remaining constant.

The U.S. Hospital Facilities Market size was valued at USD 268.4 million in 2023 and is projected to reach USD 451.12 million by 2032, exhibiting a CAGR of 7.7 % during the forecasts period. The practice would include the U. S. hospital facilities market, referred to as the physical structures used for offering patients medical care or treatment. This population covers a broad spectrum of sizes and types of the hospitals, ranging from the small community hospitals to the large academic medical centers. Hospital facilities include inpatient and emergency, outpatient clinic and other specially related surgical, oncological and physical therapy hospital services. The use involves service delivery in health facilities, research, and education of health care providers. Some of the major initiatives described in the market include the utilization of innovative tools in the management of patient care and hospital operations, the building or enhancement of green hospital structures, and utilization of telemedicine to enhance health care delivery in the facilities. Another facet of market forces that available for consideration is the economic forces that act in the hospital facility development and management processes as influenced by the regulatory and demography issues.

[250 Pages Report] The global demand for hospital supplies is expected to increase at 3.7% CAGR over the forecast period from 2022 to 2032. Sales in the hospital supplies market are estimated to reach a valuation of US$ 29.5 Billion in 2022. According to the study, hospitals held a substantial share of 47.2% in 2021 in the global hospital supplies market.

Scope Of Report

The US hospital supplies market, valued at $14.5 billion in 2025, is projected to experience robust growth, exhibiting a compound annual growth rate (CAGR) of 9.4% from 2025 to 2033. This expansion is driven by several key factors. The aging population, coupled with rising prevalence of chronic diseases requiring ongoing medical care, fuels consistent demand for hospital supplies. Technological advancements in medical devices, such as minimally invasive surgical tools and advanced diagnostic equipment, are contributing to increased efficiency and improved patient outcomes, further stimulating market growth. Furthermore, the increasing focus on improving healthcare infrastructure and the expansion of hospital facilities across the country are creating lucrative opportunities for suppliers. The market is segmented into consumables (e.g., bandages, syringes, medications), devices (e.g., medical imaging equipment, surgical instruments), and end-users (hospitals, clinics, and other healthcare providers). Consumables currently dominate the market share, reflecting their consistent and high-volume consumption. However, the devices segment is expected to experience significant growth due to technological innovation and rising adoption of advanced medical technologies. Competition within the US hospital supplies market is fierce, with numerous established multinational corporations and smaller specialized companies vying for market share. Major players such as 3M, Abbott Laboratories, Becton Dickinson, and Medtronic leverage their strong brand recognition, extensive distribution networks, and robust research and development capabilities to maintain a competitive edge. Strategic acquisitions, partnerships, and the development of innovative products are key competitive strategies employed by these companies. Potential market restraints include stringent regulatory requirements for medical devices and supplies, increasing healthcare costs, and price pressure from government and private payers. However, the overall positive outlook for the market is driven by the aforementioned growth drivers, making it a lucrative sector for investment and expansion.

Graph and download economic data for Total Revenue for Hospitals, All Establishments (REV622ALLEST144QSA) from Q4 2004 to Q1 2025 about hospitals, revenue, establishments, and USA.

The average number of hospital beds available per 1,000 people in the United States was forecast to continuously decrease between 2024 and 2029 by in total 0.1 beds (-3.7 percent). After the eighth consecutive decreasing year, the number of available beds per 1,000 people is estimated to reach 2.63 beds and therefore a new minimum in 2029. Depicted is the number of hospital beds per capita in the country or region at hand. As defined by World Bank this includes inpatient beds in general, specialized, public and private hospitals as well as rehabilitation centers.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the average number of hospital beds available per 1,000 people in countries like Canada and Mexico.

Graph and download economic data for Employment for Health Care and Social Assistance: General Medical and Surgical Hospitals (NAICS 62211) in the United States (IPURN62211W010000000) from 1987 to 2024 about surgical, general, healthcare, hospitals, social assistance, medical, health, NAICS, IP, employment, and USA.

The North America Healthcare Analytics Market report segments the industry into Technology Type (Predictive Analytics, Prescriptive Analytics, Descriptive Analytics), Application (Clinical Data Analytics, Financial Data Analytics, Administrative Data Analytics), Component (Hardware, Software, Service), Mode Of Delivery (On-premise Model, Cloud- and Web-based Models), End Users (Healthcare Providers, and more), and Geography.