U.S. Acute Hospital Care Market Consumption and Revenue Forecast by Regions 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. Its growth can be attributed to factors such as the growing geriatric population, increasing prevalence of chronic diseases, and favorable public reimbursement available for the services through Medicare and Medicaid. According to NCBI studies, individuals over the age of 65 years are at a greater risk of developing chronic illnesses, which could lead to acute exacerbations of underlying chronic diseases. As per the U.S. Census Bureau, the number of people aged 65 was 40.3 million in 2010 and increased to 54.1 million, as of July 2019. The number of elderly patients with critical illnesses has significantly increased over the past few years. Gather more insights about the market drivers, restrains and growth of the U.S. Acute Ho...