The Europe Hospital Outsourcing Market would witness market growth of 14.3% CAGR during the forecast period (2020-2026). Hospitals are progressively outsourcing their internal operations to the third-party service provider, for example, medical billing and IT administrations.
The hospitals are principally outsourcing medical billing and IT administrations to third-party service providers because of an absence of expertise and the inaccessibility of skilled assets in the business. Besides, with the foundation of guidelines and accreditation of these services providers, they are likewise considered responsible for their quality standards. Moreover, an absence of in-house expertise, capacities, and spending constraints are the significant issues faced by private hospitals in the business. Contract hospital service provider is a powerful way to deal with such problems of private hospitals because of the minimal cost service offering. It served to set up commonly beneficial connections among hospitals and third-party service providers.
Intricacy and absence of expertise in revenue prove management, payroll processing, central supply management, and home care services are the leading elements boosting the market over the forecast period. Notwithstanding, the increasing concern for data security, social, and language hindrances are anticipated to limit the development of the market for hospital outsourcing over the forecast period.
Currently, the hospital industry is seeing an increase in the outsourcing of in-house services attributable to the government order to deploy Electronic Medical Records (EMR), expanding healthcare expenses, and deployment of complex ICD-10 coding frameworks. Expanding patient flow and the rising pressure of medical cycles, for example, insurance qualification and records of patient registration are anticipated to drive the development of the market.
Based on Services, the market is segmented into Healthcare IT, Clinical services, Business services, Transportation services and Other Services. Based on Type, the market is segmented into Private and Public. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: Hospital Outsourcing Market in Europe is expected to register a CAGR of 14.3% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include AllScripts Healthcare Solutions, Inc., 3M Company (3M Health Information Systems), TriMedx, LLC (Aramark Healthcare Technologies), Abbott Laboratories, ABM Industries, Inc., Sodexo S.A., Flatworld Solutions Pvt. Ltd., Integrated Medical Transport LLC, The Allure Group, and The Providence Service Corporation (LogistiCare Solutions, LLC).
Scope of the Europe Hospital Outsourcing Market Analysis
Market Segmentation:
By Services
- Healthcare IT
- Clinical services
- Business services
- Transportation services
- Other Services
By Type
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Companies Profiled
- AllScripts Healthcare Solutions, Inc.
- 3M Company (3M Health Information Systems)
- TriMedx, LLC (Aramark Healthcare Technologies)
- Abbott Laboratories
- ABM Industries, Inc.
- Sodexo S.A.
- Flatworld Solutions Pvt. Ltd.
- Integrated Medical Transport LLC
- The Allure Group
- The Providence Service Corporation (LogistiCare Solutions, LLC)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Hospital Outsourcing Market, by Services
1.4.2 Europe Hospital Outsourcing Market, by Type
1.4.3 Europe Hospital Outsourcing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.2 Market Composition
2.3 Key Factors Impacting the Market
2.3.1 Market Drivers
2.3.2 Market Restraints
Chapter 3. Strategies deployed in Hospital Outsourcing Market
Chapter 4. Europe Hospital Outsourcing Market by Services
4.1 Europe Healthcare IT Market by Country
4.2 Europe Clinical services Market by Country
4.3 Europe Business services Market by Country
4.4 Europe Transportation services Market by Country
4.5 Europe Other Services Market by Country
Chapter 5. Europe Hospital Outsourcing Market by Type
5.1 Europe Private Market by Country
5.2 Europe Public Market by Country
Chapter 6. Europe Hospital Outsourcing Market by Country
6.1 Germany Hospital Outsourcing Market
6.1.1 Germany Hospital Outsourcing Market by Services
6.1.2 Germany Hospital Outsourcing Market by Type
6.2 UK Hospital Outsourcing Market
6.2.1 UK Hospital Outsourcing Market by Services
6.2.2 UK Hospital Outsourcing Market by Type
6.3 France Hospital Outsourcing Market
6.3.1 France Hospital Outsourcing Market by Services
6.3.2 France Hospital Outsourcing Market by Type
6.4 Russia Hospital Outsourcing Market
6.4.1 Russia Hospital Outsourcing Market by Services
6.4.2 Russia Hospital Outsourcing Market by Type
6.5 Spain Hospital Outsourcing Market
6.5.1 Spain Hospital Outsourcing Market by Services
6.5.2 Spain Hospital Outsourcing Market by Type
6.6 Italy Hospital Outsourcing Market
6.6.1 Italy Hospital Outsourcing Market by Services
6.6.2 Italy Hospital Outsourcing Market by Type
6.7 Rest of Europe Hospital Outsourcing Market
6.7.1 Rest of Europe Hospital Outsourcing Market by Services
6.7.2 Rest of Europe Hospital Outsourcing Market by Type
Chapter 7. Company Profiles
7.1 AllScripts Healthcare Solutions, Inc.
7.1.1 Company Overview
7.1.1 Financial Analysis
7.1.2 Segmental and Regional Analysis
7.1.3 Research & Development Expense
7.1.4 Recent strategies and developments:
7.1.4.1 Partnerships, Collaborations, and Agreements:
7.2 3M Company (3M Health Information Systems)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.3 TriMedx, LLC (Aramark Healthcare Technologies)
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Product Launches and Product Expansions:
7.4 Abbott Laboratories
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.5 ABM Industries, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Recent strategies and developments:
7.5.4.1 Acquisition and Mergers:
7.6 Sodexo S.A.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Recent strategies and developments:
7.6.4.1 Partnerships, Collaborations, and Agreements:
7.7 Flatworld Solutions Pvt. Ltd.
7.7.1 Company Overview
7.8 Integrated Medical Transport LLC
7.8.1 Company Overview
7.9 The Allure Group
7.9.1 Company Overview
7.10. The Providence Service Corporation (LogistiCare Solutions, LLC)
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Recent strategies and developments:
7.10.3.1 Acquisition and Mergers:
7.10.3.2 Partnerships, Collaborations, and Agreements:
TABLE 1 Europe Hospital Outsourcing Market, 2016 - 2019, USD Million
TABLE 2 Europe Hospital Outsourcing Market, 2020 - 2026, USD Million
TABLE 3 Europe Hospital Outsourcing Market by Services, 2016 - 2019, USD Million
TABLE 4 Europe Hospital Outsourcing Market by Services, 2020 - 2026, USD Million
TABLE 5 Europe Healthcare IT Market by Country, 2016 - 2019, USD Million
TABLE 6 Europe Healthcare IT Market by Country, 2020 - 2026, USD Million
TABLE 7 Europe Clinical services Market by Country, 2016 - 2019, USD Million
TABLE 8 Europe Clinical services Market by Country, 2020 - 2026, USD Million
TABLE 9 Europe Business services Market by Country, 2016 - 2019, USD Million
TABLE 10 Europe Business services Market by Country, 2020 - 2026, USD Million
TABLE 11 Europe Transportation services Market by Country, 2016 - 2019, USD Million
TABLE 12 Europe Transportation services Market by Country, 2020 - 2026, USD Million
TABLE 13 Europe Other Services Market by Country, 2016 - 2019, USD Million
TABLE 14 Europe Other Services Market by Country, 2020 - 2026, USD Million
TABLE 15 Europe Hospital Outsourcing Market by Type, 2016 - 2019, USD Million
TABLE 16 Europe Hospital Outsourcing Market by Type, 2020 - 2026, USD Million
TABLE 17 Europe Private Market by Country, 2016 - 2019, USD Million
TABLE 18 Europe Private Market by Country, 2020 - 2026, USD Million
TABLE 19 Europe Public Market by Country, 2016 - 2019, USD Million
TABLE 20 Europe Public Market by Country, 2020 - 2026, USD Million
TABLE 21 Europe Hospital Outsourcing Market by Country, 2016 - 2019, USD Million
TABLE 22 Europe Hospital Outsourcing Market by Country, 2020 - 2026, USD Million
TABLE 23 Germany Hospital Outsourcing Market, 2016 - 2019, USD Million
TABLE 24 Germany Hospital Outsourcing Market, 2020 - 2026, USD Million
TABLE 25 Germany Hospital Outsourcing Market by Services, 2016 - 2019, USD Million
TABLE 26 Germany Hospital Outsourcing Market by Services, 2020 - 2026, USD Million
TABLE 27 Germany Hospital Outsourcing Market by Type, 2016 - 2019, USD Million
TABLE 28 Germany Hospital Outsourcing Market by Type, 2020 - 2026, USD Million
TABLE 29 UK Hospital Outsourcing Market, 2016 - 2019, USD Million
TABLE 30 UK Hospital Outsourcing Market, 2020 - 2026, USD Million
TABLE 31 UK Hospital Outsourcing Market by Services, 2016 - 2019, USD Million
TABLE 32 UK Hospital Outsourcing Market by Services, 2020 - 2026, USD Million
TABLE 33 UK Hospital Outsourcing Market by Type, 2016 - 2019, USD Million
TABLE 34 UK Hospital Outsourcing Market by Type, 2020 - 2026, USD Million
TABLE 35 France Hospital Outsourcing Market, 2016 - 2019, USD Million
TABLE 36 France Hospital Outsourcing Market, 2020 - 2026, USD Million
TABLE 37 France Hospital Outsourcing Market by Services, 2016 - 2019, USD Million
TABLE 38 France Hospital Outsourcing Market by Services, 2020 - 2026, USD Million
TABLE 39 France Hospital Outsourcing Market by Type, 2016 - 2019, USD Million
TABLE 40 France Hospital Outsourcing Market by Type, 2020 - 2026, USD Million
TABLE 41 Russia Hospital Outsourcing Market, 2016 - 2019, USD Million
TABLE 42 Russia Hospital Outsourcing Market, 2020 - 2026, USD Million
TABLE 43 Russia Hospital Outsourcing Market by Services, 2016 - 2019, USD Million
TABLE 44 Russia Hospital Outsourcing Market by Services, 2020 - 2026, USD Million
TABLE 45 Russia Hospital Outsourcing Market by Type, 2016 - 2019, USD Million
TABLE 46 Russia Hospital Outsourcing Market by Type, 2020 - 2026, USD Million
TABLE 47 Spain Hospital Outsourcing Market, 2016 - 2019, USD Million
TABLE 48 Spain Hospital Outsourcing Market, 2020 - 2026, USD Million
TABLE 49 Spain Hospital Outsourcing Market by Services, 2016 - 2019, USD Million
TABLE 50 Spain Hospital Outsourcing Market by Services, 2020 - 2026, USD Million
TABLE 51 Spain Hospital Outsourcing Market by Type, 2016 - 2019, USD Million
TABLE 52 Spain Hospital Outsourcing Market by Type, 2020 - 2026, USD Million
TABLE 53 Italy Hospital Outsourcing Market, 2016 - 2019, USD Million
TABLE 54 Italy Hospital Outsourcing Market, 2020 - 2026, USD Million
TABLE 55 Italy Hospital Outsourcing Market by Services, 2016 - 2019, USD Million
TABLE 56 Italy Hospital Outsourcing Market by Services, 2020 - 2026, USD Million
TABLE 57 Italy Hospital Outsourcing Market by Type, 2016 - 2019, USD Million
TABLE 58 Italy Hospital Outsourcing Market by Type, 2020 - 2026, USD Million
TABLE 59 Rest of Europe Hospital Outsourcing Market, 2016 - 2019, USD Million
TABLE 60 Rest of Europe Hospital Outsourcing Market, 2020 - 2026, USD Million
TABLE 61 Rest of Europe Hospital Outsourcing Market by Services, 2016 - 2019, USD Million
TABLE 62 Rest of Europe Hospital Outsourcing Market by Services, 2020 - 2026, USD Million
TABLE 63 Rest of Europe Hospital Outsourcing Market by Type, 2016 - 2019, USD Million
TABLE 64 Rest of Europe Hospital Outsourcing Market by Type, 2020 - 2026, USD Million
TABLE 65 Key Information – AllScripts Healthcare Solutions, Inc.
TABLE 66 Key Information – 3M Company
TABLE 67 Key Information – TriMedx, LLC
TABLE 68 Key Information – Abbott Laboratories
TABLE 69 Key Information – ABM Industries, Inc.
TABLE 70 key Information – Sodexo S.A.
TABLE 71 Key Information – Flatworld Solutions Pvt. Ltd.
TABLE 72 Key Information – Integrated Medical Transport LLC
TABLE 73 Key Information – The Allure Group
TABLE 74 Key Information – The Providence Service Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: The Providence Service Corporation