The North America Acute Hospital Care Market would witness market growth of 6.4% CAGR during the forecast period (2019-2025). The North America Acute Hospital Care market is studied across the U.S., Canada, and Mexico. The scope for acute care includes emergency, coronary care, intensive care, cardiology, neonatal intensive care, and many general areas where the person may become acutely unwell and needs stability and transfer for further therapy in a higher dependency facility.
The market growth is expected to speed up over the coming years due to a significant increase in the number of patients that suffer from chronic diseases like diabetes, cancer, heart disease, and stroke. Further, the increased cases of trauma emphasize the need for acute hospitals. Due to the growing patient volume, geriatric demographic, and unmet medical needs is expected to push the market growth. What’s more, technological developments to improve treatment quality to reduce Length of Stay (LOS) and attain a faster Turnaround Time (TOT), are expected to aid growth.
The American Academy of Orthopedic Surgeon stated that bone fracture is a common injury in the U.S., and around 6 million people face problems under the condition every year. Among this ratio, nearly 300,000 patients are receiving acute hospital care. World Health Organization reported that nearly 80% of the mortality ratio has come forth due to cardiovascular diseases that occur in developing countries.
The general acute care facilities sub-segment recorded the largest market share owing to the increased rate of admission cases that require short-term emergency medical attention. Further, patients that suffer from acute diseases, illnesses, or injuries are admitted to these facilities initially. Psychiatric hospitals that offer acute psychiatric treatment to patients are likely to emerge at the highest rate during the forecast period. The trend is directly connected to the increased prominence of stroke arising from risk factors like smoking & alcohol consumption habits and poor lifestyle choices.
Product, the market is segmented into Coordinate Measuring Machine (CMM), Optical Digitizer and Scanner (ODS), Automated Optical Inspection, Video Measuring Machine (VMM) and Others. Based on Application, the market is segmented into Quality Control & Inspection, Reverse Engineering, Virtual Simulation and Other Applications. Based on End User, the market is segmented into Aerospace & Defense, Automotive, Heavy Machinery Industry, Electronics, Architecture & Construction, Mining and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Tenet Healthcare Corporation, Ramsay Health Care Pty Ltd., Asklepios Kliniken GmbH & Co. KGaA, HCA Healthcare Inc., Community Health Systems Inc., Ascension Health Inc., Mediclinic International PLC, LifePoint Health, Inc. (RCCH Healthcare), Universal Health Services, Inc. (Ardent Health Services), Fresenius Medical Care AG & Co. KGaA.
Market Segmentation:
By Medical Condition
By Facility Type
By Services
By Country
Companies Profiled
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