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Putting A New Spin On Things: How the Acute Care Centers is Contributing to the Pharmaceutical Industry

04-24-2019 09:37 AM CET | Industry, Real Estate & Construction

Press release from: Acute Care Centers Market

Putting A New Spin On Things: How the Acute Care Centers

The report "Acute Care Centers Market - Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025", has been prepared based on an in-depth market analysis with inputs from industry experts.

Some of the major drivers for the growth of acute care centers include demographic trends towards rapidly aging population, expansion of private insurance coverage, rising incidence of stress-related acute diseases such as stroke etc. According to U.S. Department of Health and Human Services and the National Ambulatory Medical Care survey, population aged over 65 in the U.S. will be doubled by 2030. Although the elderly population in the U.S. represents only 13% of the overall population, patients aged 65 and above it accounted for 38% of emergency medical responses in 2011. Expansion of private insurance coverage is expected to further push the market for acute care centers as over 55% of the U.S. acute care patients are reimbursed by private insurance. Development of guidelines for acute care would further raise the patient's trust in service providers and thus increase the adoption. But high rates of claim denials is a major concern and thus limiting the growth of acute care centers market.

The global market for acute care centers market is segmented on basis of service providers and geography:

Segmentation by Acute Care Service Providers
-Primary Care Centers
-Hospitals Emergency Rooms
-Free Standing Emergency Rooms
-Coronary and Intensive Care Centers
-Neonatal Intensive care Centers

On the basis of service providers, the global acute care centers market has been segmented into primary care centers, hospital, and free-standing emergency rooms, coronary & intensive care centers, neonatal intensive care centers etc. Decreasing access to primary care services due to lack of medical resources and overcrowding at primary care physicians office etc. is pushing patients towards situations where they have to seek for acute care. However, obtaining healthcare at acute care centers has led to 80% saving in U.S. healthcare expenditure in 2010.

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On the basis of regional presence, global acute care centers market is segmented into five key regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America will continue to dominate the global acute care centers market due to high patient volumes. Moreover, acute care centers in the U.S. are trying to implement Electronic Medical Record (EMR) systems hence patients can be directly referred to the hospital. Europe is expected to hold second largest market share in global acute care centers market due to rising prevalence of cardiovascular diseases.

The market for acute care centers is highly fragmented with a large number of urgent care chains operating in the global market. In 2011, U.S. Healthcare systems had approximately 9,900 operational urgent care chains which comprised of less than 1% of a total market.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

-Tailwinds and headwinds molding the market’s trajectory
-Market segments based on products, technology, and applications
-Prospects of each segment
-Overall current and possible future size of the market
-Growth pace of the market
-Competitive landscape and key players’ strategies

The main aim of the report is to:

-Enable key stakeholder’s in the market bet right on it
-Understand the opportunities and pitfalls awaiting them
-Assess the overall growth scope in the near term
-Strategize effectively with respect to production and distribution

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MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.

About us is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.


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