Freestanding Emergency Department Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
Freestanding emergency department (FSED) are the health care facilities that provides emergency care without physically being connected to inpatient services. The number of freestanding EDs has increased in changing regulatory and health care environment. They are owned by a hospital or by a private organization. They have shorter wait times and higher patient satisfaction overall. They should provide stabilizing treatment and should arrange a mechanism for an appropriate transfer to the definitive care facility and same standards as hospital-based emergency departments for quality improvement and appropriate policies for referrals to physicians for aftercare.
MARKET SCOPE
The "Global Freestanding Emergency Department Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the freestanding emergency department market with detailed market segmentation by type, ownership type, services, application, and geography. The report provides key statistics on the market status of the leading freestanding emergency department market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global freestanding emergency department market is segmented into ophthalmology, internal medicine, otolaryngology, and other.
- On the basis of ownership type, the market is bifurcated into hospital affiliated, and independent.
- On the basis of services, the market is bifurcated into laboratory service, imaging service, emergency care, and other services.
- On the basis of application, the market is bifurcated hospital, clinic, and other.
MARKET DYNAMICS
Drivers
- Increasing awareness among the patients regarding the prevalence of freestanding EDs, growing number of injuries due to accidents and increasing prevalence of chest pain or disease are driving the freestanding emergency department market.
- Overcrowding of the emergency departments at the hospitals,growing preferences for convenience care among the population and increasing number of consumer driven health plans boosts the market growth.
- Growing investment by government and other organization and advanced healthcare infrastructure fuel the market growth.
Restraints
- Increasing cost associated with the usage of services.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The freestanding emergency department market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the freestanding emergency department market in these regions.
IMPACT OF COVID-19 ON FREESTANDING EMERGENCY DEPARTMENT MARKET
COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. With the number of rising cases, the healthcare workers have to perform alternative roles in order to meet the demand raised due to the outbreak and serve as many patients as possible. Previous infectious outbreaks and natural disasters have altered clinical operations and emergency department performance in various manners depending on the type and duration of disaster. The flexibility for freestanding EDs like the ability to temporarily work as a hospital during the COVID-19 public health emergency increased the growth opportunity for the market. Hence, the market is estimated to witness substantial growth.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The freestanding emergency department market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the freestanding emergency department market in these regions.
IMPACT OF COVID-19 ON FREESTANDING EMERGENCY DEPARTMENT MARKET
COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. With the number of rising cases, the healthcare workers have to perform alternative roles in order to meet the demand raised due to the outbreak and serve as many patients as possible. Previous infectious outbreaks and natural disasters have altered clinical operations and emergency department performance in various manners depending on the type and duration of disaster. The flexibility for freestanding EDs like the ability to temporarily work as a hospital during the COVID-19 public health emergency increased the growth opportunity for the market. Hence, the market is estimated to witness substantial growth.
MARKET PLAYERS
The report covers key developments in the freestanding emergency department market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from freestanding emergency department market are anticipated to have lucrative growth opportunities in the future with the rising demand for freestanding emergency department in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the freestanding emergency department market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Ardent Health Services
- HCA Healthcare
- Tenet Healthcare Corporation
- LifePoint Health, Inc.
- VMG Health
- Advis
- Universal Health Services, Inc.
- Ascension Health
- Emerus
- Physicians Premier ER
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Freestanding Emergency Department Market - By Type
1.3.2 Freestanding Emergency Department Market - By Ownership Type
1.3.3 Freestanding Emergency Department Market - By Services
1.3.4 Freestanding Emergency Department Market - By Application
1.3.5 Freestanding Emergency Department Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FREESTANDING EMERGENCY DEPARTMENT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. FREESTANDING EMERGENCY DEPARTMENT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. FREESTANDING EMERGENCY DEPARTMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. FREESTANDING EMERGENCY DEPARTMENT - GLOBAL MARKET OVERVIEW
6.2. FREESTANDING EMERGENCY DEPARTMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. FREESTANDING EMERGENCY DEPARTMENT MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. OPHTHALMOLOGY
7.3.1. Overview
7.3.2. Ophthalmology Market Forecast and Analysis
7.4. INTERNAL MEDICINE
7.4.1. Overview
7.4.2. Internal Medicine Market Forecast and Analysis
7.5. OTOLARYNGOLOGY
7.5.1. Overview
7.5.2. Otolaryngology Market Forecast and Analysis
7.6. OTHER
7.6.1. Overview
7.6.2. Other Market Forecast and Analysis
8. FREESTANDING EMERGENCY DEPARTMENT MARKET - REVENUE AND FORECASTS TO 2028 - OWNERSHIP TYPE
8.1. OVERVIEW
8.2. OWNERSHIP TYPE MARKET FORECASTS AND ANALYSIS
8.3. HOSPITAL AFFILIATED
8.3.1. Overview
8.3.2. Hospital Affiliated Market Forecast and Analysis
8.4. INDEPENDENT
8.4.1. Overview
8.4.2. Independent Market Forecast and Analysis
9. FREESTANDING EMERGENCY DEPARTMENT MARKET - REVENUE AND FORECASTS TO 2028 - SERVICES
9.1. OVERVIEW
9.2. SERVICES MARKET FORECASTS AND ANALYSIS
9.3. LABORATORY SERVICE
9.3.1. Overview
9.3.2. Laboratory Service Market Forecast and Analysis
9.4. IMAGING SERVICE
9.4.1. Overview
9.4.2. Imaging Service Market Forecast and Analysis
9.5. EMERGENCY CARE
9.5.1. Overview
9.5.2. Emergency Care Market Forecast and Analysis
9.6. OTHER SERVICES
9.6.1. Overview
9.6.2. Other Services Market Forecast and Analysis
10. FREESTANDING EMERGENCY DEPARTMENT MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
10.1. OVERVIEW
10.2. APPLICATION MARKET FORECASTS AND ANALYSIS
10.3. HOSPITAL
10.3.1. Overview
10.3.2. Hospital Market Forecast and Analysis
10.4. CLINIC
10.4.1. Overview
10.4.2. Clinic Market Forecast and Analysis
10.5. OTHER
10.5.1. Overview
10.5.2. Other Market Forecast and Analysis
11. FREESTANDING EMERGENCY DEPARTMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Freestanding Emergency Department Market Overview
11.1.2 North America Freestanding Emergency Department Market Forecasts and Analysis
11.1.3 North America Freestanding Emergency Department Market Forecasts and Analysis - By Type
11.1.4 North America Freestanding Emergency Department Market Forecasts and Analysis - By Ownership Type
11.1.5 North America Freestanding Emergency Department Market Forecasts and Analysis - By Services
11.1.6 North America Freestanding Emergency Department Market Forecasts and Analysis - By Application
11.1.7 North America Freestanding Emergency Department Market Forecasts and Analysis - By Countries
11.1.7.1 Canada Freestanding Emergency Department Market
11.1.7.1.1 Canada Freestanding Emergency Department Market by Type
11.1.7.1.2 Canada Freestanding Emergency Department Market by Ownership Type
11.1.7.1.3 Canada Freestanding Emergency Department Market by Services
11.1.7.1.4 Canada Freestanding Emergency Department Market by Application
11.1.7.2 Mexico Freestanding Emergency Department Market
11.1.7.2.1 Mexico Freestanding Emergency Department Market by Type
11.1.7.2.2 Mexico Freestanding Emergency Department Market by Ownership Type
11.1.7.2.3 Mexico Freestanding Emergency Department Market by Services
11.1.7.2.4 Mexico Freestanding Emergency Department Market by Application
11.1.7.3 US Freestanding Emergency Department Market
11.1.7.3.1 US Freestanding Emergency Department Market by Type
11.1.7.3.2 US Freestanding Emergency Department Market by Ownership Type
11.1.7.3.3 US Freestanding Emergency Department Market by Services
11.1.7.3.4 US Freestanding Emergency Department Market by Application
11.2. EUROPE
11.2.1 Europe Freestanding Emergency Department Market Overview
11.2.2 Europe Freestanding Emergency Department Market Forecasts and Analysis
11.2.3 Europe Freestanding Emergency Department Market Forecasts and Analysis - By Type
11.2.4 Europe Freestanding Emergency Department Market Forecasts and Analysis - By Ownership Type
11.2.5 Europe Freestanding Emergency Department Market Forecasts and Analysis - By Services
11.2.6 Europe Freestanding Emergency Department Market Forecasts and Analysis - By Application
11.2.7 Europe Freestanding Emergency Department Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Freestanding Emergency Department Market
11.2.7.1.1 Germany Freestanding Emergency Department Market by Type
11.2.7.1.2 Germany Freestanding Emergency Department Market by Ownership Type
11.2.7.1.3 Germany Freestanding Emergency Department Market by Services
11.2.7.1.4 Germany Freestanding Emergency Department Market by Application
11.2.7.2 France Freestanding Emergency Department Market
11.2.7.2.1 France Freestanding Emergency Department Market by Type
11.2.7.2.2 France Freestanding Emergency Department Market by Ownership Type
11.2.7.2.3 France Freestanding Emergency Department Market by Services
11.2.7.2.4 France Freestanding Emergency Department Market by Application
11.2.7.3 Italy Freestanding Emergency Department Market
11.2.7.3.1 Italy Freestanding Emergency Department Market by Type
11.2.7.3.2 Italy Freestanding Emergency Department Market by Ownership Type
11.2.7.3.3 Italy Freestanding Emergency Department Market by Services
11.2.7.3.4 Italy Freestanding Emergency Department Market by Application
11.2.7.4 Spain Freestanding Emergency Department Market
11.2.7.4.1 Spain Freestanding Emergency Department Market by Type
11.2.7.4.2 Spain Freestanding Emergency Department Market by Ownership Type
11.2.7.4.3 Spain Freestanding Emergency Department Market by Services
11.2.7.4.4 Spain Freestanding Emergency Department Market by Application
11.2.7.5 United Kingdom Freestanding Emergency Department Market
11.2.7.5.1 United Kingdom Freestanding Emergency Department Market by Type
11.2.7.5.2 United Kingdom Freestanding Emergency Department Market by Ownership Type
11.2.7.5.3 United Kingdom Freestanding Emergency Department Market by Services
11.2.7.5.4 United Kingdom Freestanding Emergency Department Market by Application
11.2.7.6 Rest of Europe Freestanding Emergency Department Market
11.2.7.6.1 Rest of Europe Freestanding Emergency Department Market by Type
11.2.7.6.2 Rest of Europe Freestanding Emergency Department Market by Ownership Type
11.2.7.6.3 Rest of Europe Freestanding Emergency Department Market by Services
11.2.7.6.4 Rest of Europe Freestanding Emergency Department Market by Application
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Freestanding Emergency Department Market Overview
11.3.2 Asia-Pacific Freestanding Emergency Department Market Forecasts and Analysis
11.3.3 Asia-Pacific Freestanding Emergency Department Market Forecasts and Analysis - By Type
11.3.4 Asia-Pacific Freestanding Emergency Department Market Forecasts and Analysis - By Ownership Type
11.3.5 Asia-Pacific Freestanding Emergency Department Market Forecasts and Analysis - By Services
11.3.6 Asia-Pacific Freestanding Emergency Department Market Forecasts and Analysis - By Application
11.3.7 Asia-Pacific Freestanding Emergency Department Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Freestanding Emergency Department Market
11.3.7.1.1 Australia Freestanding Emergency Department Market by Type
11.3.7.1.2 Australia Freestanding Emergency Department Market by Ownership Type
11.3.7.1.3 Australia Freestanding Emergency Department Market by Services
11.3.7.1.4 Australia Freestanding Emergency Department Market by Application
11.3.7.2 China Freestanding Emergency Department Market
11.3.7.2.1 China Freestanding Emergency Department Market by Type
11.3.7.2.2 China Freestanding Emergency Department Market by Ownership Type
11.3.7.2.3 China Freestanding Emergency Department Market by Services
11.3.7.2.4 China Freestanding Emergency Department Market by Application
11.3.7.3 India Freestanding Emergency Department Market
11.3.7.3.1 India Freestanding Emergency Department Market by Type
11.3.7.3.2 India Freestanding Emergency Department Market by Ownership Type
11.3.7.3.3 India Freestanding Emergency Department Market by Services
11.3.7.3.4 India Freestanding Emergency Department Market by Application
11.3.7.4 Japan Freestanding Emergency Department Market
11.3.7.4.1 Japan Freestanding Emergency Department Market by Type
11.3.7.4.2 Japan Freestanding Emergency Department Market by Ownership Type
11.3.7.4.3 Japan Freestanding Emergency Department Market by Services
11.3.7.4.4 Japan Freestanding Emergency Department Market by Application
11.3.7.5 South Korea Freestanding Emergency Department Market
11.3.7.5.1 South Korea Freestanding Emergency Department Market by Type
11.3.7.5.2 South Korea Freestanding Emergency Department Market by Ownership Type
11.3.7.5.3 South Korea Freestanding Emergency Department Market by Services
11.3.7.5.4 South Korea Freestanding Emergency Department Market by Application
11.3.7.6 Rest of Asia-Pacific Freestanding Emergency Department Market
11.3.7.6.1 Rest of Asia-Pacific Freestanding Emergency Department Market by Type
11.3.7.6.2 Rest of Asia-Pacific Freestanding Emergency Department Market by Ownership Type
11.3.7.6.3 Rest of Asia-Pacific Freestanding Emergency Department Market by Services
11.3.7.6.4 Rest of Asia-Pacific Freestanding Emergency Department Market by Application
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Freestanding Emergency Department Market Overview
11.4.2 Middle East and Africa Freestanding Emergency Department Market Forecasts and Analysis
11.4.3 Middle East and Africa Freestanding Emergency Department Market Forecasts and Analysis - By Type
11.4.4 Middle East and Africa Freestanding Emergency Department Market Forecasts and Analysis - By Ownership Type
11.4.5 Middle East and Africa Freestanding Emergency Department Market Forecasts and Analysis - By Services
11.4.6 Middle East and Africa Freestanding Emergency Department Market Forecasts and Analysis - By Application
11.4.7 Middle East and Africa Freestanding Emergency Department Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Freestanding Emergency Department Market
11.4.7.1.1 South Africa Freestanding Emergency Department Market by Type
11.4.7.1.2 South Africa Freestanding Emergency Department Market by Ownership Type
11.4.7.1.3 South Africa Freestanding Emergency Department Market by Services
11.4.7.1.4 South Africa Freestanding Emergency Department Market by Application
11.4.7.2 Saudi Arabia Freestanding Emergency Department Market
11.4.7.2.1 Saudi Arabia Freestanding Emergency Department Market by Type
11.4.7.2.2 Saudi Arabia Freestanding Emergency Department Market by Ownership Type
11.4.7.2.3 Saudi Arabia Freestanding Emergency Department Market by Services
11.4.7.2.4 Saudi Arabia Freestanding Emergency Department Market by Application
11.4.7.3 U.A.E Freestanding Emergency Department Market
11.4.7.3.1 U.A.E Freestanding Emergency Department Market by Type
11.4.7.3.2 U.A.E Freestanding Emergency Department Market by Ownership Type
11.4.7.3.3 U.A.E Freestanding Emergency Department Market by Services
11.4.7.3.4 U.A.E Freestanding Emergency Department Market by Application
11.4.7.4 Rest of Middle East and Africa Freestanding Emergency Department Market
11.4.7.4.1 Rest of Middle East and Africa Freestanding Emergency Department Market by Type
11.4.7.4.2 Rest of Middle East and Africa Freestanding Emergency Department Market by Ownership Type
11.4.7.4.3 Rest of Middle East and Africa Freestanding Emergency Department Market by Services
11.4.7.4.4 Rest of Middle East and Africa Freestanding Emergency Department Market by Application
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Freestanding Emergency Department Market Overview
11.5.2 South and Central America Freestanding Emergency Department Market Forecasts and Analysis
11.5.3 South and Central America Freestanding Emergency Department Market Forecasts and Analysis - By Type
11.5.4 South and Central America Freestanding Emergency Department Market Forecasts and Analysis - By Ownership Type
11.5.5 South and Central America Freestanding Emergency Department Market Forecasts and Analysis - By Services
11.5.6 South and Central America Freestanding Emergency Department Market Forecasts and Analysis - By Application
11.5.7 South and Central America Freestanding Emergency Department Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Freestanding Emergency Department Market
11.5.7.1.1 Brazil Freestanding Emergency Department Market by Type
11.5.7.1.2 Brazil Freestanding Emergency Department Market by Ownership Type
11.5.7.1.3 Brazil Freestanding Emergency Department Market by Services
11.5.7.1.4 Brazil Freestanding Emergency Department Market by Application
11.5.7.2 Argentina Freestanding Emergency Department Market
11.5.7.2.1 Argentina Freestanding Emergency Department Market by Type
11.5.7.2.2 Argentina Freestanding Emergency Department Market by Ownership Type
11.5.7.2.3 Argentina Freestanding Emergency Department Market by Services
11.5.7.2.4 Argentina Freestanding Emergency Department Market by Application
11.5.7.3 Rest of South and Central America Freestanding Emergency Department Market
11.5.7.3.1 Rest of South and Central America Freestanding Emergency Department Market by Type
11.5.7.3.2 Rest of South and Central America Freestanding Emergency Department Market by Ownership Type
11.5.7.3.3 Rest of South and Central America Freestanding Emergency Department Market by Services
11.5.7.3.4 Rest of South and Central America Freestanding Emergency Department Market by Application
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. FREESTANDING EMERGENCY DEPARTMENT MARKET, KEY COMPANY PROFILES
13.1. ARDENT HEALTH SERVICES
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. HCA HEALTHCARE
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. TENET HEALTHCARE CORPORATION
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. LIFEPOINT HEALTH, INC.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. VMG HEALTH
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. ADVIS
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. UNIVERSAL HEALTH SERVICES, INC.
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. ASCENSION HEALTH
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. EMERUS
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. PHYSICIANS PREMIER ER.
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. Ardent Health Services
2. HCA Healthcare
3. Tenet Healthcare Corporation
4. LifePoint Health, Inc.
5. VMG Health
6. Advis
7. Universal Health Services, Inc.
8. Ascension Health
9. Emerus
10. Physicians Premier ER.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.