Acute Hospital Care Market Size to Reach USD 4.50 Trillion

Newark, Oct. 12, 2022 (GLOBE NEWSWIRE) — As per the report published by The Brainy Insights, the global acute hospital care market is expected to grow from USD 2.67 trillion in 2021 to USD 4.50 trillion by 2030, at a CAGR of 5.98% during the forecast period 2022-2030.

The number of people suffering from chronic and acute diseases/conditions has increased due to the rising trend of an inactive lifestyle and improper diet. The increasing consumption of processed foods and beverages with high sugar content, alcohol, tobacco, and other drugs has contributed to the rising incidence of acute diseases. The number of elderly people has increased, which has added to the pool of patients in need of intensive care. The global acute hospital care market will be driven by the increasing incidence of acute diseases caused by unhealthy lifestyles, poor diets, excessive alcohol or cigarette use, or old age. The expansion of the acute hospital care market will also be aided by increased burn accidents, traffic/road accidents, and other trauma cases.

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Acute Hospital Care Market Report Scope

Major firms have made financial investments in the research and development of better medications, medical devices, equipment, and systems in response to the rise in demand for acute hospital care. Government rules that mandate 24/7 patient care for everyone and improve the healthcare system will also create profitable opportunities for market participants. However, the high cost of acute hospital care in the absence of universal healthcare and insurance…