Global Acute Hospital Care Market Size study, by Medical Condition (Emergency Care, Trauma Care), By Service (ICU, NICU), By Facility Type (Psychiatric, Specialized Hospitals) and Regional Forecasts 2022-2028
Global Acute Hospital Care Market is valued approximately USD 2900 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.59% over the forecast period 2022-2028. The rapidly growing global elderly population, increased chronic illness prevalence, and rising disposable income are significant reasons driving the industry's growth. According to United Nations estimates, there were 703 million people over the age of 65 in the globe in 2019. Furthermore, increased healthcare awareness, advanced healthcare infrastructure and technology, and advantageous reimbursement policies are propelling industry expansion. It is predicted that by 2025, 49 percent of the population would have a chronic ailment. Rapid globalisation, changing lifestyles, the adoption of bad habits, rising alcohol and cigarette usage, and a lack of physical exercise are all factors leading to an increase in the incidence of chronic illnesses. These elements are predicted to propel industrial expansion. To generate industry development during the projection period, acute care hospitals must retain viability and evaluate new service lines. These institutions may concentrate on extending their service portfolio by offering post-acute care, which will assure their financial sustainability and provide several expansion options. Inpatient rehabilitation centres, LTAC facilities, home health agencies, and skilled nursing facilities are all part of it. HCA Healthcare, for example, purchased Mission Health, a six-hospital system in western North Carolina, in February 2019. The goal of this transaction was to obtain access to the North Carolina consumer base. Mission Health was able to acquire special protection for its rural population as a result of this arrangement, resulting in the country's largest per capita foundation. Universal Health Services, Inc. purchased a 109-bed mental hospital in Gulfport, Mississippi, in February 2018. The high cost of Acute Hospital Care, on the other hand, stifles market expansion over the projection period of 2022-2028.
The key regions considered for the Global Acute Hospital Care Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. The availability of sufficient healthcare resources, a developed healthcare infrastructure, increased healthcare spending, and an increase in the frequency of chronic diseases contributed to North America's dominance of the global healthcare market in 2021. Furthermore, the government is launching beneficial steps to reduce rising healthcare costs. Short-term and long-term economic and financial constraints, an increase in the risk of chronic illnesses, a high demand for technical breakthroughs, a growing need for a competent workforce, and the enormous impact of the pandemic all pose challenges to the European healthcare system.
Major market player included in this report are:
TH Medical (Tenet Healthcare Corporation)
Fresenius Medical Care AG & Co. KGaA
Ramsay Health Care
Asklepios Kliniken GmbH& Co. KGaA
Universal Health Services, Inc.
Community Health Systems, Inc.
Ascension
IHH Healthcare Berhad
Mediclinic International
Lifepoint Health, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Medical Condition:
Emergency Care
Trauma Care
Acute Care Surgery
Short-term Stabilization
Others
By Facility Type:
General Acute Care Hospitals
Psychiatric Hospitals
Specialized Hospitals
Rehabilitation Hospitals
Long-term Acute Care
By Service:
Intensive Care Unit (ICU)
Neonatal Intensive Care Unit (NICU)
Coronary Care Unit (CCU)
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Acute Hospital Care Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
TH Medical (Tenet Healthcare Corporation)
Fresenius Medical Care AG & Co. KGaA
Ramsay Health Care
Asklepios Kliniken GmbH& Co. KGaA
Universal Health Services, Inc.
Community Health Systems, Inc.
Ascension
IHH Healthcare Berhad
Mediclinic International
Lifepoint Health, Inc.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook