U.S. Acute Hospital Care Market Size & Outlook, 2023-2030
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U.S. acute hospital care market highlights
- The U.S. acute hospital care market generated a revenue of USD 1,676,055.3 million in 2023 and is expected to reach USD 2,089,518.6 million by 2030.
- The U.S. market is expected to grow at a CAGR of 3.2% from 2024 to 2030.
- In terms of segment, emergency care was the largest revenue generating medical condition in 2023.
- Acute Care Surgery is the most lucrative medical condition segment registering the fastest growth during the forecast period.
Acute hospital care market data book summary
| Market revenue in 2023 | USD 1,676,055.3 million |
| Market revenue in 2030 | USD 2,089,518.6 million |
| Growth rate | 3.2% (CAGR from 2023 to 2030) |
| Largest segment | Emergency care |
| Fastest growing segment | Acute Care Surgery |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Emergency Care, Short-term Stabilization, Trauma Care, Acute Care Surgery, Other Medical Conditions |
| Key market players worldwide | Tenet Healthcare Corp, Fresenius Medical Care AG, Ramsay Health Care Ltd, Universal Health Services Inc Class B, Community Health Systems Inc, Ascension, IHH Healthcare Bhd, Ardent Health Services, Mediclinic International, Asklepios, LifePoint Health |
Other key industry trends
- In terms of revenue, U.S. accounted for 50.1% of the global acute hospital care market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. acute hospital care market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 322,283.0 million by 2030.
Emergency care was the largest segment with a revenue share of 53.78% in 2023. Horizon Databook has segmented the U.S. acute hospital care market based on emergency care, short-term stabilization, trauma care, acute care surgery, other medical conditions covering the revenue growth of each sub-segment from 2017 to 2030.
Growing disease burden, rapidly aging population, increasing readiness to adopt innovative care services, easy availability of healthcare services, favorable reimbursement coverage, and increasing disposable income are among factors driving the U.S. acute hospital care market.
Growing population is directly contributing to increase in the demand for acute care services owing to increase in incidence of trauma, emergencies, routine health problems, or acute exacerbation of chronic diseases.
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Acute Hospital Care Market Scope
Acute Hospital Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| LifePoint Health | View profile | 10001+ | Brentwood, Tennessee, United States, North America | http://www.lifepointhealth.net |
| Asklepios | View profile | 10001+ | Hamburg, Hamburg, Germany, Europe | https://www.asklepios.com/proresearch/ |
| Mediclinic International | View profile | 10001+ | Stellenbosch, NA - South Africa, South Africa, Africa | http://mediclinic.com |
| Ardent Health Services | View profile | 10001+ | Nashville, Tennessee, United States, North America | http://ardenthealth.com |
| IHH Healthcare Bhd | View profile | 70000 | 8 Jalan Bukit Pantai, Level 11, Block A, Pantai Hospital Kuala Lumpur, Kuala Lumpur, SGR, Malaysia, 59100 | https://www.ihhhealthcare.com |
| Ascension | View profile | 11-50 | London, England, United Kingdom, Europe | https://www.ascension.vc |
| Community Health Systems Inc | View profile | 61000 | 4000 Meridian Boulevard, Franklin, TN, United States, 37067 | https://www.chs.net |
| Ramsay Health Care Ltd | View profile | 88000 | 126 Phillip Street, Suite 18.03, Level 18, Deutsche Bank Place, Sydney, NSW, Australia, 2000 | https://www.ramsayhealth.com |
| Fresenius Medical Care AG | View profile | 119845 | Else-Kroener-Strasse 1, Bad Homburg, HE, Germany, 61352 | https://www.freseniusmedicalcare.com |
| Tenet Healthcare Corp | View profile | 106500 | 14201 Dallas Parkway, Dallas, TX, United States, 75254 | https://www.tenethealth.com |
| Universal Health Services Inc Class B | View profile | 96700 | 367 South Gulph Road, Universal Corporate Center, P.O. Box 61558, King Of Prussia, PA, United States, 19406-0958 | https://www.uhs.com |
U.S. acute hospital care market size, by medical condition, 2017-2030 (US$M)
U.S. Acute Hospital Care Market Outlook Share, 2023 & 2030 (US$M)
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