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Showing posts with the label Micro Hospitals Market Size

Here's What Industry Insiders Say About Micro Hospitals

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According to this latest study, the growth in the Micro Hospitals market will change significantly from the previous year. Over the next five years, Micro Hospitals will register a CAGR in terms of revenue, and the global market size will reach USD in millions by 2028. Micro-hospitals are small-scale inpatient facilities on two to three-story buildings built on 20,000 to 50,000-square foot spaces that offer a wide range of medical services in a small, neighborhood setting. They run 24/7, all year long, and commonly have between eight and 10 beds where patients can be observed or admitted for a short stay. Many health systems such as SCL Health and Dignity Health are using micro-hospitals to expand their services and fill gaps in markets where there is not enough demand to support a traditional hospital. The growth trend for micro-hospitals is not likely to slow down in the near future. At the moment, most micro-hospitals are set in large urban and suburban metropolitan areas because th...