Acute Hospital Care Market Size, Share & Trends Analysis Report By Medical Condition (Emergency Care, Trauma Care), By Service (ICU, NICU), By Facility Type (Psychiatric, Specialized Hospitals), And Segment Forecasts, 2023 - 2032

Acute Hospital Care Market Size And Forecast
The global acute hospital care market size was valued at USD 2.9 trillion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 5.59% from 2023 to 2032. Global geriatric population increase, the incidence of chronic diseases, and rising disposable income are all driving the industry's expansion. In 2019, there were an estimated 703 million people over the age of 65 worldwide, according to the United Nations. In addition, the market is growing as a result of improved reimbursement practises, expanding healthcare infrastructure, and technologies. According to projections, 49% of the population would have a chronic illness by 2025.

The prevalence of chronic diseases is increasing as a result of rapid globalisation, shifting lifestyles, the adoption of harmful behaviours, rising alcohol and cigarette use, and a lack of physical activity. These elements are anticipated to fuel industrial expansion. In order to sustain profitability and evaluate potential new service offerings, acute care hospitals must continue to be a viable business. These facilities can concentrate on diversifying their range of services by offering post-acute care, which would guarantee their financial sustainability and present numerous chances for expansion. It consists of skilled nursing facilities, home health companies, LTAC facilities, and inpatient rehabilitation centres.

Market Overview:
Acute illnesses, traumas, and diseases manifest quickly and severely. Acute injuries include, but are not limited to, fractures, burns, and accidents. Acute illnesses necessitate prompt medical care and attention. Acute hospital care refers to the immediate medical attention, care, and treatment provided in a hospital to a patient experiencing an acute sickness or injury. It is hospital-based, short-term inpatient medical care provided by medical experts. Pre-hospital emergency care, short-term inpatient stabilisation, trauma care, urgent care, critical care, and emergency medicine were all included in acute care hospital care. Stabilizing the patient and addressing any life-threatening problems they may have are the main objectives of acute hospital treatment. After that, the patient is transferred for the required procedures. They are the first line of defence for serious illnesses or injuries. The patient's life can be saved with acute hospital care. They are essential in preventing any kind of impairment or deformity brought on by an acute illness or accident. With the rise in acute injuries and illnesses, there is a growing need for hospital-based acute care. The provision of essential services to patients with mental illnesses has also begun to receive more attention in acute hospital treatment, which is a key step toward establishing universal healthcare.

This will increase their profit margin and diversify their offering of services. About 40% of patients who enter these hospitals need ongoing care, giving these facilities a varied service portfolio and presenting expansion potential. Furthermore, for enhancing market penetration, reimbursement and insurance coverage are essential. Access to and affordability of acute treatment are restricted by the high cost of using healthcare services as well as other expensive expenses. For low-income and below-poverty-line populations in developing nations, healthcare access is seriously hampered by the absence of government-sponsored universal insurance plans.

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Market Segmentations:
Global Acute Hospital Care Market: Major Players
Community Health Systems, Inc.
Tenet Healthcare Corporation
Universal Health Services, Inc.
Ramsay Healthcare
Ardent Health Services
Legacy Lifepoint Health, Inc.
Mediclinic International
HCA Healthcare, Inc.
IHH Healthcare
Ascension Health
Fresenius Medical Care
Asklepios Kliniken GmbH

Global Acute Hospital Care Market: By Types
General Acute Care Hospitals
Psychiatric Hospitals
Specialized Hospitals
Rehabilitation Hospitals
Long-term Acute Care

Global Acute Hospital Care Market: By Applications
Intensive Care Unit (ICU)
Neonatal Intensive Care Unit (NICU)
Coronary Care Unit (CCU)
Others

Global Acute Hospital Care Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Acute Hospital Care market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, 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), and Argentina, Brazil, and Rest of South America as part of South America.

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Competitive Analysis:
The major companies are currently focusing on putting strategies into practise, such as adopting new technology, product developments, mergers and acquisitions, joint ventures, alliances, and partnerships, to strengthen their market positions in the global acute hospital care sector.
In February 2019, HCA Healthcare acquired Mission Health, a network of six hospitals in western North Carolina. The aim of this acquisition was to gain access to the consumer base in North Carolina. As a result of this arrangement, Mission Health was able to obtain special protection for its rural people, which resulted in the development of the largest per-person foundation in the country.

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An Overview of the Impact of COVID-19 on Market: The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Acute Hospital Care Market Report Highlights
• Based on medical conditions, the emergency care segment held the largest revenue share in 2021 due to a rise in the number of patients at hospitals seeking admission for shorter durations
• This includes cases of trauma, injury, respiratory disorders, or cardiac problems, such as acute myocardial infarction
• The NICU services segment is projected to witness the fastest CAGR from 2022 to 2030 due to the rising number of preterm births and increasing prevalence of respiratory distress among infants
• The general acute care facilities segment held the largest share in 2021 due to the majority of admission cases requiring short-term emergency medical attention
• Psychiatric hospitals offering acute psychiatric treatment to patients are expected to register the fastest CAGR over the forecast period
• This is attributed to the high prevalence of stroke due to the factors, such as an increase in smoking & alcohol consumption and poor lifestyle choices

Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

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