U.S. Acute Hospital Care Market size is expected to reach USD 2,635.6 billion by 2030
U.S. Acute Hospital Care Industry Overview The U.S. acute hospital care market size is expected to reach USD 2,635.6 billion by 2030 and is expected to expand at a CAGR of 6.6% over the forecast period, according to a new report by Grand View Research, Inc. Significant increase in the number of patients suffering from chronic diseases such as cancer, diabetes, heart disease, and stroke is driving the market growth. Increasing incidence of trauma, demand for acute hospitals, and unmet medical needs are expected to boost growth. In addition, technological advancements for improving the quality of treatment to reduce Length of Stay (LOS) and achieve a faster Turnaround Time (TOT) are expected to aid growth. As per the CMS Hospital Compare List, the U.S. has roughly 4,749 acute care hospitals. U.S. Acute Hospital Care Market Segmentation Grand View Research has segmented the U.S. acute hospital care market on the basis of medical condition, facility type, service and r...