Global Medical-Social Working Services Market, By Service Type (Patient Intake Screening, Patient Counselling and Education, Discharge Planning, Patient Advocacy, Others), End-User (Female, Male, Others), Type of Expenditure (Public, Private), Application (Hospitals, Nursing Homes, Assisted Care Facilities, Residential Treatment Centers, Others) – Industry Trends and Forecast to 2030.
Medical-Social Working Services Market Analysis and Size
Increasing volume of patients suffering from several cardiovascular disorders and cancer, and the changing lifestyle of the people along with growing sedentary jobs are some of the primary factors that is likely to boost the market's growth. Several research organizations are anticipated to invest more time and money to improve the patient condition, eventually increasing market growth.
Data Bridge Market Research analyses that the medical-social working services market is expected to reach USD 14.21 trillion by 2030, which is USD 7.4 trillion in 2022, and is expected to undergo a CAGR of 8.50% during the forecast period 2022 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Medical-Social Working Services Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2023 to 2030
|
|
Base Year
|
2022
|
|
Historic Years
|
2021 (Customizable to 2015 - 2020)
|
|
Quantitative Units
|
Revenue in USD Trillion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Service Type (Patient Intake Screening, Patient Counselling and Education, Discharge Planning, Patient Advocacy, Others), End-User (Female, Male, Others), Type of Expenditure (Public, Private), Application (Hospitals, Nursing Homes, Assisted Care Facilities, Residential Treatment Centers, Others)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
|
|
Market Players Covered
|
Kaiser Foundation Health Plan, Inc. (U.S.), DaVita Inc (U.S.), Universal Health Services, Inc (U.S.), Laboratory Corporation of America Holdings (U.S.), Envision Healthcare (U.S.), Johns Hopkins University (U.S.), Knight Health Holdings, LLC (U.S.), Genesis HealthCare (U.S.), Memorial Sloan Kettering Cancer Center (U.K.), Amedisys. (U.S.), RadNet, Inc (U.S.), Magellan Health, Inc (U.S.), Trinity Health (U.S.), TH Medical (U.S.), Sutter Health (U.S.), Providence (U.S.), Mayo Foundation for Medical Education and Research (MFMER) (U.S.), Quest Diagnostics Incorporated (U.S.), Brookdale Senior Living Inc. (U.S.), Feeding America West Michigan (U.S.)
|
|
Market Opportunities
|
|
Market Definition
Social workers are associated with improving the overall well-being of individuals, particularly the most susceptible populations. Medical social workers provide frontline services to patients and their families to help relieve the economic, social, and psychological difficulties that is associated with severe health conditions. Several medical social workers frequently offer major programs to support healthier habits, decrease infections, and overcome barriers to entry.
Medical-Social Working Services Market Dynamics
Drivers
- Increasing Incidence of Child Care Centers
Child day care centers are adopting technologies to enable parents to stay connected with their children. Several daycare centers are using different apps to video stream classroom activities and send pictures and videos of children to their parents. This technology allows parents to observe their child at the care center by seeing videos and pictures of kids at child day care centers. For instance, Trust Child Care Centers collaborated with Parent Care Network in Canada to provide video to parents to help them observe their child activities at the daycare center. Eleyo, OnCare, Bloomz, myKidzDay, KidCheck are some of the major companies providing child care software, technologies and applications that care service providers utilize. Thus, this boosts the market growth.
Opportunities
- Growing Cases of Autism and their Associated Treatments
Autism Spectrum Disorder (ASD) is on the rise with each passing decade. According to the Center for Disease Control and Prevention (CDC) data, 1 in 59 children are identified with an autism spectrum disorder (ASD) in the U.S. Numerous studies show that early diagnosis and intervention can lead to major improved outcomes. With regards to this, several autism research organizations are likely to invest more money and time for the betterment of this medical condition. training social service employees for autism child care counsellors, number of therapists and psychologists will surge and they are projected to serve more individuals and ultimately generate more revenues. Thus, it will enhance the market growth.
- Increasing Elderly Population
The rising number of elderly population is expected to demand more of these services, which will boost the market growth. 1 in 6 people in the world will be aged 60 years or over by the end of 2030. The proportion of the population aged 60 years and over will rise from 1 billion in 2020 to 1.4 billion. The world’s population of people aged 60 years and above will double by 2050. Thus, this increasing geriatric population is expected to boost the growth of the market
Restraints/Challenges
- Lack of Skilled Healthcare Personnel
Lack of trained personnel and increasing competition among the different healthcare services firms will likely hinder the growth of the medical-social working services market.
This medical-social working services market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the medical-social working services market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Global Medical-Social Working Services Market
The advent of COVID-19 pandmeic has hindered the market in 2020 as governments imposed lockdowns that restricted the shutdown of schools, colleges, child care and community centers. Though, some of the social services markets remained comparatively unaffected as the outbreak did not impact their operations. In the post pandemic era, the market is recovering from the disruption and the opening of these service centres is again on the rise.
Global Medical-Social Working Services Market Scope
The medical-social working services market is segmented on the basis of service type, type of expenditure, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Service Type
- Patient Intake Screening
- Patient Counselling and Education
- Discharge Planning
- Patient Advocacy
- Others
Type of Expenditure
- Public
- Private
Application
- Hospitals
- Nursing Homes
- Assisted Care Facilities
- Residential Treatment Centers
- Others
End-User
- Female
- Male
- Others
Medical-Social Working Services Regional Analysis/Insights
The medical-social working services market is analyzed and market size insights and trends are provided by service type, type of expenditure, application and end-user as referenced above.
The countries covered in the medical-social working services market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the medical-social working services because of the increasing incidences of cardiovascular disorders along with frequency of geriatric population.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 due to the incidence of various social worker that is available in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The medical-social working services market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for medical-social working services market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the medical-social working services market. The data is available for historic period 2011-2021.
Competitive Landscape and Global Medical-Social Working Services Market Share Analysis
The medical-social working services market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to medical-social working services market.
Some of the major players operating in the medical-social working services market are:
- Kaiser Foundation Health Plan, Inc. (U.S.)
- DaVita Inc (U.S.)
- Universal Health Services, Inc (U.S.)
- Laboratory Corporation of America Holdings (U.S.)
- Envision Healthcare (U.S.)
- Johns Hopkins University (U.S.)
- Knight Health Holdings, LLC (U.S.)
- Genesis HealthCare (U.S.)
- Memorial Sloan Kettering Cancer Center (U.K.)
- Amedisys. (U.S.)
- RadNet, Inc (U.S.)
- Magellan Health, Inc (U.S.)
- Trinity Health (U.S.)
- TH Medical (U.S.)
- Sutter Health (U.S.)
- Providence (U.S.)
- Mayo Foundation for Medical Education and Research (MFMER) (U.S.)
- Quest Diagnostics Incorporated (U.S.)
- Brookdale Senior Living Inc. (U.S.)
- Feeding America West Michigan (U.S.)
SKU-