Health Professionals & Hospitals

Hospitals represent the main healthcare expenditure in most countries and employ many healthcare professionals. They are undoubtedly the cornerstones of any health system. Yet, despite their importance, hospitals currently face unprecedented challenges.

The COVID-19 pandemic shined a spotlight on hospitals. Despite earlier warnings, hospitals worldwide were unprepared. The importance of intensive care bed density and the lack of supplies required to handle such a pandemic became apparent. Many countries also faced medical staff shortages, with employee exposure to the coronavirus and economic layoffs playing a big part in the problem. However, hospitals and healthcare professionals face more longstanding challenges. Indeed, they have to adapt to the changing healthcare landscape. Technological enablement, digitization, and automation profoundly affect the healthcare industry. As a result, hospitals need to get smarter to keep up with this global digital transformation.

Market size

Hospitals account for the largest share of health expenditure

Distribution of national health care expenditure in the U.S. from 2015 to 2022, by category

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Further details: Visit original statistic Distribution of national health care expenditure in the U.S. from 2015 to 2022, by category

Hospital care expenditure in the United States reached a record 1.3 trillion U.S. dollars in 2021. That year, the United States had the highest per capita health expenditure among OECD countries. The U.S. spent 31 percent of its health expenditure on hospitals in 2021. That year, the U.S. spent about 18 percent of its GDP on health expenditure.

Hospitals worldwide
Hospitals in the U.S.
Health care in South Korea

Market segment

Public and private hospitals

Total number of not-for-profit and for-profit privately owned hospitals in select countries worldwide in 2021

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Further details: Visit original statistic Total number of not-for-profit and for-profit privately owned hospitals in select countries worldwide in 2021

Hospitals function either on public or private ownership. Public hospitals are primarily financed by the government, while private hospitals can be either profit-driven or non-profit. In 2020, the U.S. had around 1,574 publicly owned hospitals and 3,098 privately owned hospitals. The share of public and private hospitals varies from one country to another, depending on their health system, government, and income levels.

Americans without health insurance
Health professionals in Europe
Medical tourism in Europe

Industry trends

Lessons learned from the COVID-19 pandemic

Number of coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of May 2, 2023

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Further details: Visit original statistic Number of coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of May 2, 2023

Despite earlier warnings from organizations, hospitals were unprepared for an emergency such as the COVID-19 pandemic. Countries implemented lockdowns to avoid hospital bed overcapacity, staff shortages, and a lack of supplies and vital medical equipment. The different preparation levels of countries prompted a global discussion. Ultimately, hospital functioning is under increased scrutiny and is bound to evolve to better respond to future scenarios.

COVID-19
COVID-19 in the U.S.
COVID-19 vaccines

Industry leaders

How to assess the efficiency of hospitals

Share of employees who had access to healthcare benefits in the U.S. in 2023, by type of worker

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Further details: Visit original statistic Share of employees who had access to healthcare benefits in the U.S. in 2023, by type of worker

Hospitals are a pillar of any health system. These structures depend inherently on a country's health system and thus on its government. Hospitals are either measured in terms of structure density, hospital bed density, occupancy, length of stay, expenses, or funding. Perhaps the main criteria for an effective health system are how care and treatment are accessible and affordable.

The NHS
Obamacare
Health expenditures in the U.S.

State of the industry

  • Hospitals worldwide
  • Hospitals in the U.S.
  • Physicians in the U.S.
  • Hospitals in Germany
  • Hospitals in Japan
  • Physicians in Canada
  • Doctors in Germany
  • Smart hospitals

Industry Definition

Hospitals and health professionals are the backbones of any health system. This category provides key data on hospital structures and the professionals who help run them. Hospital infrastructures are bound to evolve as countries face aging populations, rises in the prevalence of chronic diseases, increases in disposable income, and growth in penetration of health insurance.

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