As of 2022, the largest hospital in the world was found in Henan, China. With seven thousand beds, First Affiliated Hospital of Zhengzhou University was ranked as the largest hospital globally according to its number of beds. The second largest hospital was also found in China. No U.S. hospital made the world top 20 list, although AdventHealth Orlando was close, being the largest hospital in the United States.

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.

United States US: Hospital Beds: per 1000 People data was reported at 2.900 Number in 2011. This records a decrease from the previous number of 3.000 Number for 2010. United States US: Hospital Beds: per 1000 People data is updated yearly, averaging 5.000 Number from Dec 1960 (Median) to 2011, with 43 observations. The data reached an all-time high of 9.200 Number in 1960 and a record low of 2.900 Number in 2011. United States US: 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 United States – Table US.World Bank.WDI: 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;

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.

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.

*Standardized units.Characteristics of the top 50 Cancer Hospitals, as ranked by the US News and World Report.

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.

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Electrical Hospital Beds Market Size 2024-2028

The electrical hospital beds market size is forecast to increase by USD 1.01 billion at a CAGR of 6.35% between 2023 and 2028.

The market is experiencing significant growth, driven by several key factors. The increasing number of hospital beds globally is a major growth driver, as electrical hospital beds offer advanced features and improved patient care compared to traditional beds. Additionally, the growth of medical tourism is fueling market expansion, as these beds are often preferred for their advanced functionality and comfort. Hospital beds, as hospital accessories and hospital supplies, play a crucial role In the overall hospital bed market, which includes rehabilitation equipment and medical furniture. However, the high cost of electrical hospital beds remains a challenge for the market, limiting their adoption in some healthcare facilities. Despite this, the market is expected to continue growing due to the increasing demand for advanced patient care and the ongoing development of more cost-effective solutions.

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The market encompasses a range of medical beds designed for patient care in healthcare facilities. These beds, which include Adjustable Beds and Patient Care Beds, are essential Hospital Room Equipment that prioritize Patient Comfort and Safety. Electric Beds, a type of Medical Furniture, offer various Hospital Bed Features and Functions, such as adjustable height, angle, and backrest, making them ideal for Intensive Care Units (ICUs) and Rehabilitation Centers. 
Patient Mobility is another crucial aspect of these beds, enabling easy transfer of patients and reducing the risk of injury. Medical Technology advances continue to influence the market, with innovations in Bedside Assistance, Patient Recovery, and Hospital Supplies enhancing patient care. The market is driven by the growing demand for advanced patient care solutions and the increasing population of elderly individuals requiring long-term care.

How is this Industry segmented and which is the largest segment?

The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product

  Specialty electrical hospital beds
  Standard electrical hospital beds


Type

  Semi-electric
  Fully electric


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK


  Asia

    China


  Rest of World (ROW)

By Product Insights

The specialty electrical hospital beds segment is estimated to witness significant growth during the forecast period. The market encompasses a range of Medical beds designed for patient care in healthcare facilities. These beds, which include Adjustable beds, Patient comfort beds, Electric beds, Rehabilitation beds, ICU beds, Nursing beds, and Elderly care beds, are integral components of Hospital infrastructure. They offer Bedside assistance, enhancing patient mobility and safety, while ensuring optimal patient comfort. Medical devices and Hospital supplies, such as Medical furniture, Rehabilitation equipment, and Patient support systems, are often integrated into these beds. Hospital bed design features Electric technology, allowing for customizable functions and specifications tailored to Patient recovery needs. Hospital bed functions include adjustable height, tilt, and angle options, ensuring Patient safety and comfort during medical procedures and rehabilitation.

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The specialty electrical hospital beds segment was valued at USD 1.23 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 34% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market encompasses a range of Medical beds designed for patient care in healthcare facilities. These beds, which include Adjustable beds, Patient care beds, Electric beds, Rehabilitation beds, ICU beds, Nursing beds, and Elderly care beds, are integral to the Hospital infrastructure. They offer Bedside assistance, enhancing Patient comfort and safety. Medical devices integrated into these beds, such as patient support systems and medical appliances, facilitate Patient mobility and recovery.

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Hospital accessories and supplies, including Hospital bed design, features, functions, and specifications, contribute to the effective delivery of Healthcare services. Rehabilitati

Updates

• Notice of data discontinuation: Since the start of the pandemic, AP has reported case and death counts from data provided by Johns Hopkins University. Johns Hopkins University has announced that they will stop their daily data collection efforts after March 10. As Johns Hopkins stops providing data, the AP will also stop collecting daily numbers for COVID cases and deaths. The HHS and CDC now collect and visualize key metrics for the pandemic. AP advises using those resources when reporting on the pandemic going forward.

  • CDC Weekly case and death counts (national and state level)
  • CDC County level cases and deaths
  • HHS New hospital admissions
  • CDC NowCast COVID variant proportions (national and regional level)

• April 9, 2020

  • The population estimate data for New York County, NY has been updated to include all five New York City counties (Kings County, Queens County, Bronx County, Richmond County and New York County). This has been done to match the Johns Hopkins COVID-19 data, which aggregates counts for the five New York City counties to New York County.

• April 20, 2020

  • Johns Hopkins death totals in the US now include confirmed and probable deaths in accordance with CDC guidelines as of April 14. One significant result of this change was an increase of more than 3,700 deaths in the New York City count. This change will likely result in increases for death counts elsewhere as well. The AP does not alter the Johns Hopkins source data, so probable deaths are included in this dataset as well.

• April 29, 2020

  • The AP is now providing timeseries data for counts of COVID-19 cases and deaths. The raw counts are provided here unaltered, along with a population column with Census ACS-5 estimates and calculated daily case and death rates per 100,000 people. Please read the updated caveats section for more information.

• September 1st, 2020

  • Johns Hopkins is now providing counts for the five New York City counties individually.

• February 12, 2021

  • The Ohio Department of Health recently announced that as many as 4,000 COVID-19 deaths may have been underreported through the state’s reporting system, and that the "daily reported death counts will be high for a two to three-day period."
  • Because deaths data will be anomalous for consecutive days, we have chosen to freeze Ohio's rolling average for daily deaths at the last valid measure until Johns Hopkins is able to back-distribute the data. The raw daily death counts, as reported by Johns Hopkins and including the backlogged death data, will still be present in the new_deaths column.

• February 16, 2021

  - Johns Hopkins has reconciled Ohio's historical deaths data with the state.

  Overview

The AP is using data collected by the Johns Hopkins University Center for Systems Science and Engineering as our source for outbreak caseloads and death counts for the United States and globally.

The Hopkins data is available at the county level in the United States. The AP has paired this data with population figures and county rural/urban designations, and has calculated caseload and death rates per 100,000 people. Be aware that caseloads may reflect the availability of tests -- and the ability to turn around test results quickly -- rather than actual disease spread or true infection rates.

This data is from the Hopkins dashboard that is updated regularly throughout the day. Like all organizations dealing with data, Hopkins is constantly refining and cleaning up their feed, so there may be brief moments where data does not appear correctly. At this link, you’ll find the Hopkins daily data reports, and a clean version of their feed.

The AP is updating this dataset hourly at 45 minutes past the hour.

To learn more about AP's data journalism capabilities for publishers, corporations and financial institutions, go here or email kromano@ap.org.

Queries

Use AP's queries to filter the data or to join to other datasets we've made available to help cover the coronavirus pandemic

• Filter cases by state here

• Rank states by their status as current hotspots. Calculates the 7-day rolling average of new cases per capita in each state: https://data.world/associatedpress/johns-hopkins-coronavirus-case-tracker/workspace/query?queryid=481e82a4-1b2f-41c2-9ea1-d91aa4b3b1ac

• Find recent hotspots within your state by running a query to calculate the 7-day rolling average of new cases by capita in each county: https://data.world/associatedpress/johns-hopkins-coronavirus-case-tracker/workspace/query?queryid=b566f1db-3231-40fe-8099-311909b7b687&showTemplatePreview=true

• Join county-level case data to an earlier dataset released by AP on local hospital capacity here. To find out more about the hospital capacity dataset, see the full details.

• Pull the 100 counties with the highest per-capita confirmed cases here

• Rank all the counties by the highest per-capita rate of new cases in the past 7 days here. Be aware that because this ranks per-capita caseloads, very small counties may rise to the very top, so take into account raw caseload figures as well.

Interactive

The AP has designed an interactive map to track COVID-19 cases reported by Johns Hopkins.

@(https://datawrapper.dwcdn.net/nRyaf/15/)

Interactive Embed Code

<iframe title="USA counties (2018) choropleth map Mapping COVID-19 cases by county" aria-describedby="" id="datawrapper-chart-nRyaf" src="https://datawrapper.dwcdn.net/nRyaf/10/" scrolling="no" frameborder="0" style="width: 0; min-width: 100% !important;" height="400"></iframe><script type="text/javascript">(function() {'use strict';window.addEventListener('message', function(event) {if (typeof event.data['datawrapper-height'] !== 'undefined') {for (var chartId in event.data['datawrapper-height']) {var iframe = document.getElementById('datawrapper-chart-' + chartId) || document.querySelector("iframe[src*='" + chartId + "']");if (!iframe) {continue;}iframe.style.height = event.data['datawrapper-height'][chartId] + 'px';}}});})();</script>

Caveats

• This data represents the number of cases and deaths reported by each state and has been collected by Johns Hopkins from a number of sources cited on their website.
• In some cases, deaths or cases of people who've crossed state lines -- either to receive treatment or because they became sick and couldn't return home while traveling -- are reported in a state they aren't currently in, because of state reporting rules.
• In some states, there are a number of cases not assigned to a specific county -- for those cases, the county name is "unassigned to a single county"
• This data should be credited to Johns Hopkins University's COVID-19 tracking project. The AP is simply making it available here for ease of use for reporters and members.
• Caseloads may reflect the availability of tests -- and the ability to turn around test results quickly -- rather than actual disease spread or true infection rates.
• Population estimates at the county level are drawn from 2014-18 5-year estimates from the American Community Survey.
• The Urban/Rural classification scheme is from the Center for Disease Control and Preventions's National Center for Health Statistics. It puts each county into one of six categories -- from Large Central Metro to Non-Core -- according to population and other characteristics. More details about the classifications can be found here.

Johns Hopkins timeseries data - Johns Hopkins pulls data regularly to update their dashboard. Once a day, around 8pm EDT, Johns Hopkins adds the counts for all areas they cover to the timeseries file. These counts are snapshots of the latest cumulative counts provided by the source on that day. This can lead to inconsistencies if a source updates their historical data for accuracy, either increasing or decreasing the latest cumulative count. - Johns Hopkins periodically edits their historical timeseries data for accuracy. They provide a file documenting all errors in their timeseries files that they have identified and fixed here

Attribution

This data should be credited to Johns Hopkins University COVID-19 tracking project

In 2023, there were nearly 11 thousand hospitals in Columbia, the highest number among OECD countries, followed by 8,156 hospitals in Japan. If only general hospitals were counted (excluding mental health hospitals and other specialized hospitals), Japan had the most number of general hospitals among OECD countries worldwide. Most countries reported hospitals numbers similar to or lower than the previous year. Meanwhile, Mexico, South Korea and the Netherlands all reported more hospitals than last year.

Correlation coefficients (R2) between US News and World Report Reputation Score, and measures of research productivity.

Snapshot img

Electronic Health Records Market Size 2025-2029

The electronic health records market size is forecast to increase by USD 49.41 billion at a CAGR of 14.8% between 2024 and 2029.

The Electronic Health Records (EHR) market is experiencing significant growth due to several key factors. One of the primary drivers is the numerous benefits of EHR systems, including improved patient care, streamlined workflows, and enhanced data accessibility. Additionally, the increasing demand for self-medication and homecare medical devices is fueling the adoption of EHR systems.
However, this growth is not without challenges. Data security and privacy concerns are becoming increasingly prominent, as the digitalization of health records increases the risk of breaches. Despite these challenges, the market is expected to continue expanding, driven by the advantages of EHR systems and the growing need for efficient, accessible healthcare solutions.

What will be the Size of the Electronic Health Records Market During the Forecast Period?

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Electronic Health Records (EHR) have revolutionized the healthcare industry by streamlining the management and sharing of patient's healthcare records. Professional services play a pivotal role in the adoption of EHR systems in hospitals and healthcare units. This segment offers consulting, implementation, and training services, enabling seamless integration of EHR solutions. The digitalization of healthcare records has significantly reduced the reliance on paperwork and manual processes. Big data derived from EHR systems is transforming healthcare delivery, particularly in managing chronic diseases. Hospitals and advanced healthcare facilities are increasingly adopting web-based EHR and client server-based EHR solutions to improve efficiency and accuracy.

How is the Electronic Health Records Market Segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Deployment

  On-premises
  Cloud-based


Component

  Services
  Software
  Hardware


Business

  Licensed Software
  Technology Resale
  Subscriptions
  Professional Services
  Others


Type

  Standalone
  Integrated


End-User

  Physician Offices
  Hospitals
  Others


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK
    France
    Italy
    Spain


  Asia

    China
    India
    Japan


  Rest of World (ROW)

By Deployment Insights

The on-premises segment is estimated to witness significant growth during the forecast period.

Electronic Health Records (EHR) systems are essential tools for managing patient information in various healthcare settings. On-premises EHR is a deployment model where the systems are installed and operated on the native IT infrastructure of businesses and enterprises. While these systems offer physical control and can be cost-effective in the long run, they come with challenges such as integration issues with other business software, potential for duplicate data entry, and interface problems.

In contrast, cloud-based EHR solutions offer seamless integration, real-time data access, and scalability. The post-acute segment, including rehabilitation centers, is a significant market for EHR, along with hospitals, ambulatory services, doctors, pharmacies, and laboratories. EHR systems enable efficient data sharing, reducing errors and improving patient care across these healthcare settings.

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The on-premises segment was valued at USD 17.86 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 45% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The North American electronic health records (EHR) market is the most advanced among regions, holding a significant market share due to extensive EHR adoption. Regulatory norms and incentivizing policies have driven the implementation of EHR systems and healthcare IT in the US and Canada, leading countries in the region. The regulatory framework for EHR implementation is stringent in North America, ensuring data security and interoperability. Key components of EHR include medicines, allergies, immunization status, lab test results, hospital discharge instructions, billing information, and software technology. Artificial intelligence is increasingly integrated into EHR systems to enhance data analysis and improve patie

Trends indicate that the overall number of hospital beds in the U.S. is decreasing. In 1975, there were about 1.5 million hospital beds in the country. Despite fluctuations, by 2022 there were just 916,752 hospital beds in the U.S. There is a growing trend towards consumer use of outpatient services, which tend to be less costly for patients. This may be only one reason why hospital bed numbers are decreasing in the United States.

Hospital occupancy

Despite seeing a decrease in the number of hospital beds in the U.S., hospital occupancy rate has also generally decreased compared to 1975. The number of hospital admissions, on the other hand, has been fluctuating.

Hospital costs

Costs also may be an important factor in the reduction of number of hospital beds in the U.S., however, costs do not appear to be on the decline. Inpatient stays in U.S. community hospitals has been steadily increasing. In fact, the United States has the highest daily hospital costs in the world. While hospital costs depend heavily on the condition that is being treated, the U.S. had consistently the highest costs for inpatient treatments such as a hip replacement, or a coronary bypass surgery.

Snapshot img

Medical Tapes And Bandages Market Size 2024-2028

The medical tapes and bandages market size is forecast to increase by USD 2.65 billion at a CAGR of 6.4% between 2023 and 2028.

The market is experiencing significant growth due to several key factors. The rising number of chronic wounds, particularly those related to diabetes and venous leg ulcers, is driving demand for effective dressings wound care solutions. Advanced wound debridement alternatives, including specialized medical tapes and bandages, are increasingly being adopted in clinical settings to promote faster healing and reduce the risk of infection. Additionally, the growing number of traumatic injuries from recreational activities and surgical procedures is leading to an increased need for medical tapes and bandages. This trend is expected to continue as the global population ages and the prevalence of chronic conditions increases. The development of new and innovative wound care products is also contributing to market growth. Overall, the market is poised for continued expansion in the coming years.

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The market encompasses a wide range of products used for various therapeutic and protective applications in healthcare settings. These essential medical supplies play a crucial role in the treatment and management of various medical conditions, including advanced wound care and wound healing, chronic wound management, and diabetic wound care. Medical tapes and bandages are integral components of patient care, particularly in the context of surgical procedures and post recovery. They serve multiple purposes, such as providing support, promoting healing, and preventing infection. Medical tapes are used for securing medical devices, while bandages are employed for wound dressing and compression.
Skin grafts and tissue regeneration are other therapeutic areas where medical tapes and bandages are indispensable. Pressure ulcers, leg ulcers, and burn care are some of the common applications for these medical supplies. Infection prevention is another significant area where medical tapes and bandages contribute, with antimicrobial dressings and non-stick dressings being popular choices. Medical tapes and bandages are also extensively used in sports medicine for the treatment of muscle strains, joint injuries, and other traumatic wounds.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

End-user

  Hospitals
  Clinics
  Ambulatory care centers
  Home care


Geography

  North America

    Canada
    US


  Europe

    Germany


  Asia

    China


  Rest of World (ROW)

By End-user Insights

The hospitals segment is estimated to witness significant growth during the forecast period.

In the United States healthcare landscape, hospitals and clinics serve as significant consumers of medical tapes and bandages due to their extensive use in wound care. These institutions have specialized departments, including emergency rooms, that provide critical care services to patients with various injuries and conditions. The demand for advanced wound care solutions, such as medical tapes and bandages, is high in these settings due to the prevalence of chronic wounds, including venous leg ulcers and diabetic ulcers. Hospitals and clinics procure these products in large quantities to cater to the needs of their patients undergoing invasive, minimally invasive, and non-invasive surgical procedures.

Further, the increasing number of hospitalizations, often resulting from traumatic injuries or complications from chronic conditions, fuels the demand for the medical tapes and bandages market. The healthcare industry's focus on providing high-quality patient care and improving patient outcomes has led to the adoption of advanced wound care technologies. Medical tapes and bandages play a crucial role in this regard, ensuring proper wound closure, protection, and healing. As a result, the market for medical tapes and bandages is expected to grow steadily, driven by the increasing demand from hospitals and clinics.

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The hospitals segment was valued at USD 2.54 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 43% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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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.

This Voice of the People poll seeks the opinions of Canadians, on predominantly economic, political, and social issues. The questions ask opinions about corruption, democracy, government, and world issues. There are also questions on topics such as the reduction and elimination of incidences of torture, familiarity with global institutions, predictions about the next generation, public school trends, and public clinics/hospitals. There are also questions on other topics of interest such as problems facing Canada, private/public sector contribution to the improvement of social services, trust in people, and globalization/globalisation. The respondents were also asked questions so that they could be grouped according to geographic and social variables. Topics of interest include: economy; corruption; American foreign policy; politics; next generation; elections; public schools; public clinics/hospitals; torture; global institution; democracy; and trust. Basic demographic variables are also included.

Snapshot img

Elderly And Disabled Assistive Solutions Market Size 2024-2028

The elderly and disabled assistive solutions market size is forecast to increase by USD 15.61 billion at a CAGR of 8.09% between 2023 and 2028.

The market is experiencing significant growth due to various driving factors. Governments and NGOs worldwide are taking initiatives to promote the use of assistive technologies for the elderly and disabled population. This includes funding research and development, as well as implementing policies and programs to increase the accessibility and affordability of these solutions. A rise in the adoption of binaural hearing aids has been witnessed among people with bilateral hearing loss. The growing number of disabled and aged people, due to factors such as aging populations and the prevalence of chronic diseases, is increasing the need for mobility aids, assistive devices, and healthcare services tailored to their needs.
Additionally, there is a growing demand for customized assistive solutions, particularly in developing countries, where the elderly population is rapidly expanding and the infrastructure for supporting their needs is limited. However, challenges remain, such as the high cost of these technologies and the lack of standardization and interoperability between different devices and systems. Despite these challenges, the market is expected to continue growing as the global population ages and the need for assistive solutions becomes increasingly urgent.

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The market encompasses a wide range of rehabilitative devices and mobility aids designed to enhance the quality of life for elderly and disabled individuals. These solutions cater to various needs, including cognitive and physical impairments, enabling independent living alternatives and improving healthcare outcomes. Rehabilitative devices, such as braces, prosthetics, and orthotics, play a crucial role in restoring mobility and functionality for those affected by chronic diseases or road traffic accidents. Mobility aids, including wheelchairs, scooters, canes, and walkers, provide essential support for individuals with limited mobility, enabling them to move around safely and independently. Cognitive aids, such as visual aids, hearing aids, computer software, and hardware systems, help individuals with dementia, cognitive impairments, and other disabilities to improve their daily functioning and communication abilities. These solutions can significantly enhance the overall healthcare experience, leading to better health results for the elderly and disabled population. The healthcare expenditure for the elderly and disabled population is substantial, making the demand for assistive solutions increasingly important. Hospitals and homecare services are major consumers of these solutions, as they aim to provide comprehensive care and support for their patients and clients.
Additionally, the geriatric population, in particular, benefits significantly from these solutions, as they often face multiple chronic conditions that require ongoing assistance. Bathroom safety solutions, such as grab bars, shower chairs, and non-slip mats, are essential for ensuring the safety and independence of elderly and disabled individuals in their own homes. These solutions can help prevent falls and accidents, reducing the risk of injury and hospitalization. In conclusion, The market plays a vital role in enhancing the quality of life for elderly and disabled individuals, enabling independent living alternatives, and reducing healthcare expenses. The market is diverse, encompassing a wide range of rehabilitative devices, mobility aids, cognitive aids, and safety solutions, catering to various needs and impairments.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product

  Hearing devices
  Mobility and ambulatory devices
  Healthcare furniture and BSE
  Vision and reading aids


End-user

  Hospital
  Home care setting
  Nursing homes
  Assisted living facilities


Geography

  North America

    US


  Europe

    Germany
    UK
    France


  Asia

    Japan


  Rest of World (ROW)

By Product Insights

The hearing devices segment is estimated to witness significant growth during the forecast period.

The market encompasses a range of products designed to enhance the daily lives of individuals with cognitive impairments, chronic diseases, and mobility issues. Hearing aids and devices represent a significant segment of this market, driven by the increasing prevalence of hearing impairments due to factors such as noise pollution, genetic

Snapshot img

Wearable Pulse Oximeters Market Size 2024-2028

The wearable pulse oximeters market size is forecast to increase by USD 275.59 million at a CAGR of 7.54% between 2023 and 2028.

The market is experiencing significant growth, driven by several key factors. Firstly, the increasing prevalence of chronic respiratory diseases has led to a heightened demand for continuous monitoring devices. This trend is further bolstered by the increasing adoption of online marketing strategies, making these devices more accessible to consumers. However, the market also faces challenges, including the limitations and complications associated with wearable pulse oximeters. These devices may provide inaccurate readings due to factors such as motion artifacts or poor skin contact, which can impact their reliability. Furthermore, technologically, the market includes pulse oximetry based on LED and infrared sensors. End-users include hospitals, clinics, home healthcare settings, and consumers. Additionally, concerns regarding data privacy and security may hinder the widespread adoption of these devices. Despite these challenges, the market is expected to continue growing, driven by advancements in technology and increasing consumer awareness of the importance of health monitoring.

What will be the Size of the Market During the Forecast Period?

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The market encompasses the production and distribution of devices that measure the saturation of oxygen in the blood, primarily used for individuals with COPD and obstructive sleep apnea. These devices, which include both wearable and portable models, leverage IoT technology to transmit data in real-time. Abnormal levels of hemoglobin variants such as carboxyhemoglobin and methemoglobin can be detected through these devices, aiding in the diagnosis and management of anemia, vasoconstriction, peripheral vascular diseases, and venous congestion.



Bright ambient light and nail varnish can impact the accuracy of readings, necessitating the use of disposable sensors or reusable probes. The market caters to both adult and pediatric segments, with handheld, fingertip, and handheld pulse oximeters available. The technology segment continues to evolve, with connected devices gaining popularity. The regulatory framework governs product recalls and quality standards, ensuring the reliability and safety of these essential medical devices during surgical procedures and hospitalizations, as per the American Hospital Association.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product Type

  Fingertip and ring pulse oximeters
  Wrist-worn pulse oximeters


End-user

  Hospitals and other healthcare facilities
  Homecare


Geography

  North America

    US


  Europe

    Germany
    UK


  Asia

    China
    Japan


  Rest of World (ROW)

By Product Type Insights

The fingertip and ring pulse oximeters segment is estimated to witness significant growth during the forecast period.

Wearable pulse oximeters, a type of wearable medical device, have gained significant attention in the healthcare industry due to their portability and convenience. These devices, which include fingertip and handheld models, are particularly useful for individuals with respiratory conditions such as COPD and obstructive sleep apnea. The IoT technology integrated into these devices enables real-time monitoring of vital signs, including SpO2 (blood oxygenation), pulse rate, and waveform. However, the accuracy of wearable pulse oximeters can be affected by various factors such as abnormal hemoglobin levels, carboxyhemoglobin, methemoglobin, anemia, vasoconstriction, peripheral vascular diseases, venous congestion, bright ambient light, and nail varnish.

Furthermore, inaccurate readings can lead to misdiagnosis and improper treatment, especially during surgical procedures and hospitalizations. The regulatory framework for wearable pulse oximeters is still evolving, with organizations such as the American Hospital Association and the World Health Organization advocating for standardized device specifications and clinical studies on their effectiveness. Product recalls have been reported due to issues with disposable sensors and reusable probes.

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The Fingertip and ring pulse oximeters segment was valued at USD 364.60 million in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 42% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional

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Healthcare Information Software Market Size 2024-2028

The healthcare information software market size is forecast to increase by USD 8.75 billion at a CAGR of 5.65% between 2023 and 2028.

In the dynamic healthcare landscape, smaller healthcare organizations and outpatient care facilities are increasingly adopting advanced information management systems to streamline operations and enhance patient care. The information-intensive nature of healthcare necessitates the use of efficient and integrated solutions for effective data exchange and decision-making. The clinical solutions segment, including revenue cycle management (RCM) solutions, is witnessing significant growth due to the need for cost reduction and improved patient care. The healthcare industry in the US is undergoing a digital transformation, with a significant focus on implementing advanced software solutions to enhance patient care, improve healthcare quality, and reduce costs.
Moreover, key trends include the adoption of AI in healthcare for improved diagnostics and patient outcomes, as well as the integration of consumer technology companies' offerings for better patient engagement. However, challenges persist, such as ensuring usability, interoperability, and data security in the face of growing cyberattacks. Health systems are focusing on IT architecture and data communication standards to address these concerns and provide comprehensive healthcare provider solutions. The cost of care and the need for efficient data exchange remain critical factors driving market growth.

What will be the Size of the Market During the Forecast Period?

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The market is witnessing notable growth due to various factors. Patient Safety and Quality: The need for enhanced patient safety and improved healthcare quality is a major driver for the adoption of healthcare information software. These solutions enable healthcare providers to access centralized medical records, ensuring accurate and timely diagnosis and treatment. Additionally, healthcare IT infrastructure, including telehealth and e-prescribing systems, facilitates remote patient monitoring and teleconsultation, enabling better care for patients with chronic diseases.
Moreover, the integration of healthcare systems is another key trend in the market. Healthcare organizations are investing in software solutions that enable seamless data exchange between different healthcare providers and departments. This not only enhances patient care but also reduces administrative costs and improves overall efficiency. The widespread use of smartphones and improved internet coverage in the US is fueling the growth of the market. Remote patient monitoring and teleconsultation are becoming increasingly popular, enabling patients to access healthcare services from the comfort of their homes. Furthermore, smartphones and mobile applications are being used to facilitate e-prescribing and other clinical solutions.
However, the rising healthcare costs in the US are also driving the adoption of healthcare information software. These solutions enable healthcare providers to streamline their operations, reduce administrative costs, and improve patient outcomes, leading to cost savings in the long run. The use of big data analytics and artificial intelligence (AI) in healthcare is a growing trend. These technologies enable healthcare providers to analyze patient data and identify patterns and trends, leading to better diagnosis and treatment. Additionally, AI-powered chatbots and virtual assistants are being used to provide patients with personalized healthcare advice and support.
In conclusion, the market is witnessing significant growth due to factors such as the need for enhanced patient safety and quality, the integration of healthcare systems, the widespread use of smartphones and internet coverage, and rising healthcare costs. The use of big data analytics and AI is also a growing trend, enabling healthcare providers to provide more personalized and effective care to their patients.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  HIS
  PIS


Deployment

  On premises
  Cloud based


Geography

  North America

    US


  Europe

    Germany
    UK


  Asia

    China
    Japan


  Rest of World (ROW)

By Application Insights

The HIS segment is estimated to witness significant growth during the forecast period.

Healthcare Information Software (HIS) is a vital solution for managing the intricate requirements of healthcare systems globally. A significant component of HIS is Electronic Health Records (EHR), which offers digital solutions for patie

As of 2016, the top U.S. hospital for child birth is Northside Hospital in Atlanta, Georgia. All hospitals are required, by law, to report and provide access to birth records through the federal National Vital Statistics system. The U.S. system of reporting births (and deaths) is funded by individual States as well as through the National Center for Health Statistics.

Georgia birth data

Georgia is one of the most populous states in the United States. The metropolitan area with the highest birth rate in the U.S. was Hinesville, Georgia. Hinesville is located in the south eastern section of the state of Georgia. Despite having the hospital that delivers the most babies in the U.S., Georgia does not have one of highest birth rates in the U.S. As of 2017, Utah had the highest birth rate in the United States.

Birth-related developments

The number of U.S. births has remained relatively stable since 1990. Despite having a relatively stable birth rate, the number bassinet available in U.S. hospitals is on the decline. Birth rates, however, show variation among different U.S. populations. Mothers of American Indian or Alaska Native descent tend to have higher birth rates than other ethnicities.