DUBLIN--(BUSINESS WIRE)--The "Singapore Hospital Market Outlook to 2022 - by Public, Private Hospital & not-for-Profit Hospital, by Inpatient & Outpatient, by Acute, Community & Psychiatry Hospitals" report has been added to ResearchAndMarkets.com's offering.
Singapore hospitals market increased at a declining rate during 2012-2017. Macro trends positively affecting the hospital market include ageing population, rising chronic disease prevalence, escalating healthcare needs and increasing complexity of care needs. The growth slowdown was majorly due to slowdown in medical tourism. Backed by greater demand, major hospitals have invested in expansion strategies.
The hospitals in Singapore are controlled by the public sector, private sector and not-for-profit organizations. Private hospitals come under high value, low volume category (high fees, lower occupancy) whereas public hospitals come under high volume, low value category (low fees, higher occupancy). Public hospitals are more dedicated towards serving mass population whereas private hospitals are more inclined towards affluent class and medical tourists.
The hospitals market in Singapore is expected to grow at a positive CAGR during 2017-2022. Singapore hospitals market will be driven by organic expansion of both public and private hospitals and increased government initiatives in the healthcare sector to provide better care to the geriatric population. For instance, Tan Tock Seng Hospital will open new 300 bed infectious disease hospital by 2018 act as a containment facility in the event of an outbreak similar to the severe acute respiratory syndrome (Sars).
Further, the government has revealed expansion plans for Singapore General Hospital which includes opening of Outram Community Hospital by 2020, National Cancer Centre Singapore (NCCS) by 2040, expansion of SGH Accident & Emergency (A&E) Block. Further, rising competition in the industry may lead major players to undertake mergers and acquisitions which could drive the industry towards consolidation
Key Topics Covered:
1. Research Methodology
2. Singapore Hospital Market - Executive Summary
3. Singapore Healthcare Ecosystem
4. Singapore Healthcare System
5. Singapore Healthcare Key Metrics
6. Comparative Analysis with Other Asian Countries
7. Regulatory Bodies in Singapore Healthcare System
8. Singapore Hospital market
9. National Health Insurance Scheme, Singapore: Medishield Life
10. Reorganization of Public Healthcare System
11. Hospitalization Cost in Singapore
12. Singapore Hospital Market Segmentation
13. Singapore Hospital Market: Inpatient Profile
14. Hospital Admission Rate, 2016
15. Singapore Hospital Market: Business Model
16. Singapore Hospitals Market - Growth Drivers
17. Singapore Hospitals Market - Restraints
18. Major Hospital Projects in Singapore
19. Competitive Landscape in Singapore Hospitals Market
20. Singapore Hospitals Market: Future Outlook and Projections
21. Singapore Hospital Market - Analyst Recommendations
Companies Mentioned
- Bright Vision Hospital
- Changi general hospital
- IHH healthcare Berhad
- Institute of Mental Health
- Khoo Teck Puat Hospital
- KK Women's and Children Hospital
- Raffles Medical Group
- Raffles Medical group
- Singapore General Hospital
- Tan Tock Seng Hospital
- Yishun Community Hospital
For more information about this report visit https://www.researchandmarkets.com/research/8qxr35/singapore?w=4
