Medical social work is a disciplinary social work held in an outpatient clinic, hospital, nursing home, long-term care facility, or a community health agency. These services help to relieve the social, economic and psychological difficulties of people, especially the vulnerable population. The medical social workers work along with the families to assess the psychosocial functions of patients. It aims to connect the patients to the necessary resource and support as a preventive care. Significant programs, to support healthier habits and reduce infection, are offered by the medical workers, as they are solely concerned with the general well-being of their patients.
Impact of COVID-19 Pandemic on Medical Social Working Market (Pre and Post Analysis
COVID-19 has created an economic crisis in addition to the healthcare crisis. COVID-19 pandemic has exerted an enormous burden on the healthcare system worldwide. Developed countries are expected to cause economic recession. The pandemic has an adverse impact on the healthcare system, resulting in 50–70% drop in revenue from March. Many small hospitals, clinics, and nursing homes have been forced to shut their operations. In addition, social distancing and localized curfews have resulted in delayed elective surgical procedures. Furthermore, visa cancellations have led to an interruption in medical tourism and can negatively impact the healthcare services market growth.
Top Impacting Factors
Increase in number of cancer patients and rise in prevalence of cardiovascular disorders are considered important factors to boost the growth of the medical social working services market.
However, lack of skilled and trained professionals in healthcare services hampers the growth of the medical social working services market.
On the contrary, rise in awareness among patients regarding the benefits of taking the help of the social services is expected to create new avenues for the growth of the medical social working services market during the forecast period.
Key Benefits of the Report
- This study presents the analytical depiction of the medical social working service industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the medical social working service market share.
- The current market is quantitatively analyzed to highlight the medical social working service market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the medical social working services market.
- The report provides a detailed market analysis based on competitive intensity and how the competition will take shape in coming years
Questions answered in the medical social working service report
- Who are the leading players active in the medical social working service market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What future projections would help in taking further strategic steps?
- What is "medical social working service"?
- What is "medical social working service" market prediction in the future?
Medical Social Working Services Market Report Highlights
| Aspects | Details |
 By Service Types |
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 By Distribution Channel |
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 By Region |
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 Key Market Players | Crown, Kaiser Permanente, Quest Diagnostics Incorporated, Mayo Foundation for Medical Education and Research (MFMER), Memorial Sloan Kettering Cancer Center, Genesis HealthCare, DaVita Inc, Envision Healthcare, Cleveland Clinic, Laboratory Corporation of America Holdings, Universal Health Services, Inc. |
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