Transparency Market Research has published a new report, titled “Acute Care Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024.” The demand for acute care, which is the branch of secondary health care for which short term treatment is given to patients suffering from medical conditions such as severe injury and recovery from surgery, is increasing on account of the rising number of elderly people worldwide who are vulnerable to very infectious diseases such as viral infections and other diseases such as CVDs. The demand for acute care is also increasing from a large number of hospitals on account of the increasing healthcare expenditure, support from governments, as well as public and private sectors. A large number of patient population as well as rising incidences of trauma are aiding the growth of the global acute care market.
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On the basis of medical condition of patients, the global acute care services market is segmented into urgent care, emergency care, pre-hospital care, short-term stabilisation, trauma care, critical care, and acute care surgery. One of the key medical condition which is fuelling the demand for acute care is rising incidences of cardiovascular diseases.
According to the report, there is a vast potential of growth in developing nations on account of their untapped medical needs. The growing expenditure towards the development of healthcare infrastructure by governments in Asia Pacific will lead to a rise in the number of hospitals and other medical institutions providing acute care services. However, North America is the region which is at present dominating the acute care market. Last number of hospitals providing acute care services, Rising number of emergency visits, and a staggering rise in the incidences of accident and trauma injuries are behind the growth of the North America acute care market. Europe is anticipated to follow North America in terms of leading in the acute care market on account of the presence of a large number of patient population