Acute care is a branch of secondary health care in which short term
treatment is provided to patients for their various medical
conditions such as severe injury and recovery from surgery. Acute
care medical services are usually provided to patients by health care
professionals including medical and surgical specialties. Acute care
may necessitate stay of a patient in hospital emergency department
and ambulatory surgery center. Hospital-based acute inpatient care
typically has the goal of discharging patients as soon as they attain
healthy and stable medical condition. Usually acute care settings
include emergency department, coronary care, intensive care, neonatal
intensive care and cardiology.
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Based on the medical condition of the patients, acute care services
can be segmented as emergency care, urgent care, short term
stabilization, pre-hospital care, critical care, trauma care and
acute care surgery. According to Heart Foundation projected that
Cardiovascular Disease (CVD) is the leading global cause of death,
accounting for 17.03 million deaths per year. It projected that the
number will grow to more than 23.06 million by 2030.
The market for acute care is expected to show tremendous growth rate
throughout the forecast period 2014 to 2020. The rising number of
elderly people across the globe is one of the many reasons for acute
care market growth as they usually suffer from various acute diseases
such as viral infection and cardiovascular diseases. In addition,
increasing number of hospital owing to rising healthcare expenditure
would further drive the growth of acute care market.
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Large revenue contribution of the region is due to the presence of
large number of patient population. In addition, presence of large
number of hospitals and ambulatory surgery centers in the region
further propels the growth of acute care market. Likewise, large
number of emergency visits in hospitals across North America due to
huge incidences of trauma injury has also contributed heavily in
collecting largest share of the global acute care market. Europe
accounted for the second largest share of global acute care market
owing to presence of significant number of patient population.
The acute sector is involved in two types of vanguards; sites that
encourage the spread of excellence between hospitals covering over 15
million people, and sites that focus on integrated care between
different services and local areas.
According to the World Health Organization, around 80 percent of the
total CVD deaths occur in developing countries. These unmet medical
needs of the population in emerging economies will support the growth
acute care market. In addition, increase in healthcare infrastructure
and medical expenditure by the governments in Asia-Pacific will also
increase the number of medical institutions such as hospitals that
would provide acute care services. Likewise, rise in healthcare
expenditure will also widen the entry of acute care service provider
in the market. For instance, it has been estimated that China’s
healthcare expenditure was USD 357 billion and is expected to reach
USD 1,000 billion in 2020.
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