Press Release

Mobile Hospitals Market to Undergo Rapid Growth through 2025

Increasing cases of COVID-19 and growing need for affordable treatment to drive global mobile hospitals market

According to TechSci Research report, Global Mobile Hospitals Market By Product Type (Medical Centers, Mini Hospitals), By Application (Cardiovascular, Neurosurgery, Laparoscopy Surgery, Emergency Care, Diagnostic Imaging, Others), By Region, Forecast & Opportunities, 2025, the market is anticipated to witness robust CAGR during the forecast period. Key factors driving the global mobile hospitals market include exponential increase in COVID-19 cases around the globe, which is leading to growing requirement for hospitals and clinics. The convenience of taking these mobile hospitals in rural and remote areas, where there is lack of proper treatment and hospitals, is also acting as a major growth driver for global mobile hospitals market. Furthermore, technological innovations and integration of wireless technologies are turning mobile hospitals into fully-equipped mini hospitals. This is expected to further drive the market growth through 2025.

Moreover, efforts by governments and private organizations to provide better healthcare facilities is also supporting the growth of global mobile hospitals market. In addition to this, increasing prevalence of various lifestyle diseases and rise in demand for telehealth is also fueling the market growth. Also, rising expenditure on healthcare sector is expected to augment the global mobile hospitals growth in coming years. Apart from this, mobile hospitals are also finding wide application during natural disaster, civil unrest and warfare operations. The need for onsite treatment is further accelerating the growth of global mobile hospitals market. Also, the need for cost-effective treatment and lack of enough hospitals & clinics, especially in underdeveloped nations is leading to surging demand for mobile hospitals.

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The global mobile hospitals market is segmented based on product type, application and region. Based on product type, the market can be segmented into medical centers and mini hospitals. Among them, mini hospitals are expected to dominate the market growth during the forecast period owing to increasing requirement for hospital care units in the wake of global pandemic coronavirus. Mobile hospitals can be turned into a mini hospital with a few simplifications and contain all the elements of a fully functional hospital.

Based on application, global mobile hospital market can be segmented into cardiovascular, neurosurgery, laparoscopy surgery, emergency care, diagnostic imaging and others. Among them, emergency care segment is expected to register significant growth through 2025 owing to increasing usage of mobile hospitals during crisis and war situations. The easy and fast services provided by mobile hospitals is further fueling their demand for emergency care.

Major players operating in the global mobile hospitals market include Odulair LLC, Lamboo Mobile Medical, Neat Vehicles Ltd., NAFFCO FZCO, Mobile Healthcare Facilities LLC., SabaPalaye, Vanguard Healthcare Solutions, Medtronic Plc and Thermo Fisher Scientific, Inc. The market players are focusing on new product launches and investing on latest technology. They are also undergoing mergers & acquisitions and partnerships to increase their global market share.

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“North America contributed to highest revenue and dominated the global mobile hospitals market in 2019 owing to high adoption rate of the new technology and availability of advanced healthcare systems. However, Asia-Pacific is expected to register fastest CAGR during the forecast period as the region is witnessing increasing demand for better healthcare services and rising patient pool suffering from COVID-19 and other chronic diseases. Moreover, increasing expenditure on healthcare sector is expected to provide lucrative growth opportunities for companies in Asia-Pacific,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Global Mobile Hospitals Market By Product Type (Medical Centers, Mini Hospitals), By Application (Cardiovascular, Neurosurgery, Laparoscopy Surgery, Emergency Care, Diagnostic Imaging, Others), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of global mobile hospitals market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global mobile hospitals market.

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