Acute Hospital Care Market to reach a market size of $3.5 billion by 2025- KBV Research
Based on facility type, the acute hospital care market covers general acute care hospitals, specialized hospitals, psychiatric hospitals, rehabilitation hospitals, and long-term acute care facilities. The large market share of general acute care facilities is associated with the majority of admissions under short-term acute care. The general acute care hospitals market segment would achieve a market value of $2,076 Billion by 2025, growing at a CAGR of 6.8 % during the forecast period. The Psychiatric Hospitals market is expected to witness a CAGR of 7.9% during (2019-2025).
The major strategies followed by the market participants are Product launches and Partnerships & Collaborations. Based on the Analysis presented in the Cardinal matrix, Fresenius Medical Care AG & Co. KGaA, HCA Healthcare, Inc., Ramsay Health Care Pty Ltd., and Universal Health Services, Inc. (Ardent Health Services) are some of the forerunners in the Acute Hospital Care Market. HCA Healthcare has taken over Mission Health for delivering high quality patient care. Universal Health has acquired The Danshell Group for expanding into new geographical areas and entering into new services. Fresenius has acquired Guangzhou KangNiDaiSi Medical Investment Co., Ltd. in order to expand its business in China.
Full Report: https://www.kbvresearch.com/acute-hospital-care-market/
The Intensive Care Unit (ICU) market garnered the highest market share among Acute Hospital Care Services in 2018, and is expected to retain its dominance till 2025; The ICU market is poised to grow at a CAGR of 6.6 % during the forecast period attaining a market size of $1,790.8 Billion by 2025. The Coronary Care Unit (CCU) market would experience a growth rate of more than 6% during (2019-2025).
The North America market dominated the Global Acute Hospital Care Market by Region 2018, growing at a CAGR of 6.4% during the forecast period. The Europe market is expected to witness a CAGR of 6.6% during (2019-2025). Additionally, The Asia Pacific market is expected to witness a CAGR of 8.5% during (2019-2025). The China market continued to hold the largest market share of 31.6% in Asia Pacific Acute Hospital Care Market by Country in 2018 followed by Japan and India. The Japan market is expected to witness a CAGR of 9.4% during (2019-2025). Additionally, The India market is expected to witness a CAGR of 9.4% during (2019-2025).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Tenet Healthcare Corporation, Ramsay Health Care Pty Ltd., Asklepios Kliniken GmbH & Co. KGaA, HCA Healthcare Inc., Community Health Systems Inc., Ascension Health Inc., Mediclinic International PLC, LifePoint Health, Inc. (RCCH Healthcare), Universal Health Services, Inc. (Ardent Health Services) and Fresenius Medical Care AG & Co. KGaA.
Recent Strategies Deployed in Acute Hospital Care Market
Jun 2019 - Mediclinic has expanded its reach to Brandwacht, Stellenbosch by opening a new acute hospital which has greater capacity and delivers high quality patient care.
Aug 2019 - Ascension has signed an agreement with Allegan General Hospital under which Allegan will operate as Ascension Company and both will provide high quality healthcare services.
Feb 2019 - Fresenius has acquired NxStage Medical in order to enhance the business capabilities in Dialysis and critical care.
Feb 2019 - HCA Healthcare has taken over Mission Health for delivering high quality patient care.
Dec 2018 - Fresenius has acquired Guangzhou KangNiDaiSi Medical Investment Co., Ltd. in order to expand its business in China.
Jul 2018 - Universal Health has acquired The Danshell Group for expanding into new geographical areas and entering into new services.
May 2018 - Mediclinic has acquired Deira and Me’aisem due to which the company will expand its business in Dubai.
Apr 2018 - Tenet has acquired United Surgical Partners International (USPI) from Welsh, Carson, and Anderson & Stowe (WCAS) in order to enhance its medical facilities.
Feb 2018 - HCA Healthcare has purchased Memorial Health for the expansion of its secondary services.
Feb 2018 - Ascension has taken over Presence Health for adding its medical centers, outpatients’ facilities and other sites of care.
Nov 2017 - Ramsay has acquired Malouf Pharmacies for the development of the base related to integrated healthcare services.
» Partnerships, Collaborations and Agreements:
July 2019 - Fresenius Medical Care has invested in BioIntelliSense. BioIntelliSense is currently developing a medical grade data service platform. This platform would help in continuous remote health monitoring, algorithmic clinical insights and predictive analytics. With this agreement, Fresenius is going to use the advanced analytics and artificial intelligence in order to develop medical wearable for clinical pathways.
Jan 2019 - Tenet has signed an agreement with Cigna for delivering its uninterrupted in-network access to Cigna's members.
Jan 2019 - Tenet and Anthem Blue Cross have signed an agreement under which the members of Blue Cross will have the access to the network of Tenet facilities.
Jul 2018 - Ascension has signed a contract with Centene in order to form a joint venture company for offering Medicare advantage to multiple markets.
May 2018 - Ascension has agreed to form a joint venture company with Ramsay Health Care in order to enhance its supply chain.
Global Acute Hospital Care Market Segmentation
By Medical Condition
Acute care surgery
By Facility Type
General Acute Care Hospitals
Long Term Acute Care (LTAC)
Intensive Care Unit (ICU)
Neonatal Intensive Care Unit (NICU)
Coronary Care Unit (CCU)
Rest of North America
Rest of Europe
Rest of Asia Pacific
Rest of LAMEA
Tenet Healthcare Corporation
Ramsay Health Care Pty Ltd.
Asklepios Kliniken GmbH & Co. KGaA
HCA Healthcare, Inc.
Community Health Systems, Inc
Ascension Health, Inc.
Mediclinic International PLC
LifePoint Health, Inc. (RCCH Healthcare)
Universal Health Services, Inc. (Ardent Health Services)
Fresenius Medical Care AG & Co. KGaA
Acute Hospital Care Market Related Reports:
North America Market
Asia Pacific Market
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