Acute Care Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
- Transparency Market Research
- October 2030
- 0 pages
Acute care is a branch of secondary health care in which short term treatment is provided to patients for their various medical conditions such as severe injury and recovery from surgery. Acute care medical services are usually provided to patients by health care professionals including medical and surgical specialties. Acute care may necessitate stay of a patient in hospital emergency department and ambulatory surgery center. Hospital-based acute inpatient care typically has the goal of discharging patients as soon as they attain healthy and stable medical condition. Usually acute care settings include emergency department, coronary care, intensive care, neonatal intensive care and cardiology.
Acute care market segmentation
Based on the medical condition of the patients, acute care services can be segmented as emergency care, urgent care, short term stabilization, pre-hospital care, critical care, trauma care and acute care surgery. According to Heart Foundation projected that Cardiovascular Disease (CVD) is the leading global cause of death, accounting for 17.03 million deaths per year. It projected that the number will grow to more than 23.06 million by 2030.
The market for acute care is expected to show tremendous growth rate throughout the forecast period 2014 to 2020. The rising number of elderly people across the globe is one of the many reasons for acute care market growth as they usually suffer from various acute diseases such as viral infection and cardiovascular diseases. In addition, increasing number of hospital owing to rising healthcare expenditure would further drive the growth of acute care market. Large revenue contribution of the region is due to the presence of large number of patient population. In addition, presence of large number of hospitals and ambulatory surgery centers in the region further propels the growth of acute care market. Likewise, large number of emergency visits in hospitals across North America due to huge incidences of trauma injury has also contributed heavily in collecting largest share of the global acute care market. Europe accounted for the second largest share of global acute care market owing to presence of significant number of patient population.
The acute sector is involved in two types of vanguards; sites that encourage the spread of excellence between hospitals covering over 15 million people, and sites that focus on integrated care between different services and local areas.
Acute care market growth
According to the World Health Organization, around 80 percent of the total CVD deaths occur in developing countries. These unmet medical needs of the population in emerging economies will support the growth acute care market. In addition, increase in healthcare infrastructure and medical expenditure by the governments in Asia-Pacific will also increase the number of medical institutions such as hospitals that would provide acute care services. Likewise, rise in healthcare expenditure will also widen the entry of acute care service provider in the market. For instance, it has been estimated that China’s healthcare expenditure was USD 357 billion and is expected to reach USD 1,000 billion in 2020.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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