The global acute hospital care market is expected to reach USD 4.50 trillion by 2030, at a CAGR of 5.98% from 2022 to 2030. The rising number of individuals suffering from acute disease/conditions, given the heavy alcohol and tobacco consumption, will contribute to the growing number of acute hospital care patients. The unhealthy lifestyle has increased the number of obese populations, who are often more susceptible to cardiovascular conditions like heart attacks and strokes, which is one of the primary medical conditions treated in acute hospital care. The growing geriatric population significantly contributes to the rising number of acute hospital care patients. The rise in government healthcare expenditure to make treatments accessible and affordable for the citizenry will also aid in the growth of the acute hospital care market.

Market Overview:

Acute diseases/illnesses/injuries appear suddenly and with great severity. Accidents, burns, and fractures are some examples of acute injuries. Acute diseases require urgent medical attention and care. The urgent medical attention, care, and treatment offered to a patient suffering from an acute illness or injury are provided in a hospital, termed acute hospital care. It is short-term inpatient medical care offered by healthcare professionals in a hospital. Acute care hospital care included pre-hospital emergency care, short-term inpatient stabilization, trauma care, urgent care, critical care, and emergency medicine. The primary goal of acute hospital care is to stabilize the patient and address the life-threatening conditions of the patient. Then the patient is moved for the necessary treatments. They are the primary point of contact for acute injuries or illnesses. Acute hospital care plays a critical role in saving the patient's life. They are crucial in preventing any form of disability or deformity caused by an acute injury or illness. The demand for acute hospital care has increased with the rising number of acute injuries/illnesses. Acute hospital care has also started concentrating on providing crucial services to mentally ill patients, which is a significant step towards achieving universal healthcare.

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Market Dynamics:

Drivers:

• Increase in incidence of acute diseases

An increase in hours spent in Infront of laptops and mobile screens combined with a sedentary lifestyle, no physical exercise & unhealthy diet has led to a rise in the number of individuals suffering from acute diseases. The growing geriatric population has witnessed an increasing prevalence of cardiovascular diseases, mainly cardiac arrests. Acute diseases' sudden and short-term nature makes them life-threatening if not treated in time. Emergency acute care services can cater to the critical nature of treating patients with acute conditions in time to save their life. The growing incidence of acute diseases in individuals will drive the acute hospital care market.

• Increase in the number of accidents and trauma cases

Accidents are amongst the most prominent reason for deaths globally. Rash driving, drinking and driving, and poor implementation of traffic rules and regulations in developing economies have led to an exponential increase in the number of accidents and untimely deaths of citizens. Quick response and primary patient care at accident sites can save patients' lives. Acute hospital care plays a significant role in early patient care and will rise with the increasing number of accidents and trauma cases globally.

Restraints:

• Lack of skilled professionals

The risks associated with acute hospital care can range from permanent disability or deformity to death as the primary patient care accorded to acute healthcare patients in emergencies are for life-threatening conditions. Improper patient care can lead to deadly infections or cause pain & discomfort to the patient. The hospital staff performing the procedure must be qualified and equipped to avoid such risks. The underdeveloped and developing economies do not have the necessary skilled healthcare professionals to cater to the rising number of acute disease/condition patients. This disproportion can hinder the growth of the acute hospital care market.

Opportunities:

• Government regulations & technological advancements

With the increased demand for acute hospital care, major players have invested capital in researching and developing better drugs, medical devices, equipment, and systems. Furthermore, government regulations aimed at improving healthcare infrastructure and mandating 24/7 patient care to everyone will provide lucrative opportunities for the market players.

Challenges:

• Acute hospital care is expensive

Further treatments follow the immediate acute care treatment provided to the patients until the patient fully recovers. Such extensive hospital stays or at-home care is expensive. The lack of insurance and favorable reimbursement policies offered by the government in developing and underdeveloped nations restrict access to acute healthcare for most of the population. The expensive private insurance market leaves the average citizen without any medical coverage. The poor state of universal healthcare further adds to out-of-pocket healthcare expenditure. Therefore, the costly acute hospital care in the absence of universal healthcare care accorded by the government will restrict the market's growth.

Segmentation Analysis:

The global acute hospital care market has been segmented based on facility type, medical condition, service type, and region.

• The facility type segment is divided into general acute care hospitals, long-term acute care, specialized hospitals, psychiatric hospitals, and rehabilitation hospitals. The general acute care hospitals segment dominated the market with a market share of around 38% in 2021. General acute care hospitals provide a broad spectrum of healthcare services. They are sufficiently equipped and staffed to provide short-term inpatient care and medical and other surgical services necessary to stabilize the patient and prevent loss of life at the primary stages of injury/illness/diagnosis. General acute care hospitals provide essential medical services, including surgical, medicine, nursing, laboratory, and anesthesia 24/7. They are usually the first point of contact to access any healthcare needs in case of emergencies or otherwise. With the growing number of accidents, cardiovascular conditions, and trauma cases, general acute care hospitals are anticipated to dominate the market in the coming years.
• The medical condition segment is divided into emergency care, acute care surgery, trauma care, short-term stabilization, urgent care, critical care, pre-hospital care, and others. The emergency care segment dominated the market with a market share of around 39% in 2021. The increasing number of accidents, trauma cases, strokes, heart attacks, acute infections, and burn injuries contribute to the growing emergency care demand. Emergency care is critical to saving patients' lives as they are equipped to deal with life-threatening conditions like severe bleeding, cerebrovascular accident, poisoning, lacerations, broken bones, or severe allergic reactions in time. The increasing government expenditure to improve emergency care response to mitigate resulting disability, trauma, or loss of life will also contribute to the segment's growth. Growing government initiatives that provide favorable reimbursement policies will also contribute to developing the emergency care segment. 
• The service type segment is divided into neonatal intensive care unit (NICU), intensive care unit (ICU), coronary care unit (CCU), and others. In 2021, the intensive care unit segment dominated the market, accounting for around 47% of global revenue. The intensive care unit provides round-the-clock nursing, monitoring, and treatment to extremely ill patients. ICUs are equipped with sophisticated machinery, medical equipment, and devices and trained healthcare professionals. The growing geriatric population has contributed to the growing pool of patients suffering from multiple comorbidities, increasing the demand for ICUs. The demand for ICUs witnessed a significant increase during the Covid-19 pandemic. Most ICU beds were reserved for covid 19 patients, which prompted the government and the hospitals to increase the number of ICU beds to cater to the other critical care patients. The increase in investment during the covid-19 pandemic towards building ICUs has stayed the course even after the pandemic started waning and is expected to contribute to the segment's growth.

Regional Segmentation Analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The North American region emerged as the largest market for the global acute hospital care market, with a 40.26% share of the market revenue in 2021.

• North America currently dominates the acute hospital care market due to the increasing number of patients with chronic diseases, cardiovascular conditions, and mental illnesses. The growing geriatric population will also contribute to the rising demand for acute healthcare facilities. Accidents and trauma cases have also increased the demand for emergency care in the region. The rising awareness about mental health conditions has prompted private players and the government to develop acute healthcare services catering to mentally ill patients. The renewed focus on defense personnel or war veterans suffering from PTSD has contributed to the increase in investments to establish regional rehabilitation centers. The rise in substance abuse and alcoholism has also encouraged the government to focus on ramping up rehabilitation centers. The renewed focus on providing the necessary treatments to patients at an affordable rate is also expanding the market for acute hospital care. The significant presence of top market players in the region contributes to its growing dominance in the acute hospital care market.

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Competitive Analysis:

The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global acute hospital care industry.

HCA Healthcare purchased Mission Health, a network of six hospitals in western North Carolina, in February 2019. The goal of this transaction was to obtain access to North Carolina's consumer base. Mission Health was able to get special protection for its rural residents as a result of this agreement, leading to the creation of the largest per-person foundation in the nation.

List of Key Market Players:

• Ascension Health
• Asklepios Kliniken GmbH
• Community Health Systems Inc.
• Fresenius Medical Care
• HCA Healthcare Inc.
• LifePoint Health Inc.
• Mediclinic International
• Ramsay Healthcare
• Tenet Healthcare Corporation
• Universal Health Services Inc.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting And Research Firm
• Venture capitalists
• Third-party knowledge providers

Report Description:

• Global Acute Hospital Care Market, Industry Analysis, Trends, Analysis and Forecast, 2022 to 2030 is a forthcoming/imminent research report which is to be published by The Brainy Insights.
• 2021 is considered as the base year of the report. 2019 and 2020 are considered as the historic years and 2022 to 2030 are the forecast years. The global acute hospital care market is based on revenue (USD Trillion). The report incorporates the market study based on revenue. The study covers the market share revenue/market share/volume for each of the segments, regions, and countries catering to the global acute hospital care market. The regions analyzed for the market are Europe, Asia Pacific, North America, South America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
• The report encompasses with the relative data & information, which have been validated by the leading industry professionals and experts across the globe. The research report also delivers an outline of the attractiveness of acute hospital care based on facility type, medical condition, service type and regions which are deduced and formulated based on their growth rate (CAGR), market size, and attractiveness by analyzing the present and prospects to fathom market growth and development in future.
• The report illustrates the detailed (both quantitative and qualitative) analysis of historical data, revenues, key developments, along with the crucial strategies adopted by key organizations catering to the global acute hospital care market. This offers vital and in-depth insights to depict the overall market scenario.
• The report offers the detailed study for the company profiles of key organizations operating in the global acute hospital care market and a comparative assessment based on their product offering, business overviews, geographic presence, business strategies, segment market share, product development & innovations, recent developments, joint venture, partnerships, mergers & acquisitions, strategic alliances, SWOT analysis, and key financial information. This helps in evaluating the overall competition present in the market scenario.
• The report provides an elaborative assessment of the porter's five forces analysis coupled with SWOT analysis to provide business related data and information. Porter's five forces model is analyzed to understand the overall competitive scenario that is prevailing in the market. Additionally, the SWOT analysis identifies both the positive and negative attributes of the market development which influences the company's growth and development to sustain and survive in the long run.
• Along with that, the report also focuses on the market related driving factors, growth limitations (restraints), potential industry opportunities, significant trends and development which act as a key potential for the investors.
• Potential growth prospects along with the penetration rate analysis of the product (market related, i.e., global acute hospital care market) are covered to comprehend the adoption rate and evaluate the market size.