Acute Care Centers Market

Acute Care Centers Market to Witness an Outstanding Growth by 2025
Acute care centers segment is one of the fastest growing segments of healthcare markets across the
globe. Acute care centers are increasingly becoming a choice of seeking healthcare for patients in
emergency services. According to the U.S., public health code acute care centers are defined as
short-term hospitals that has facilities, medical staff, and all necessary resources to provide
diagnosis, care, and treatment for wide range of acute conditions such as injuries, trauma, coronary
conditions etc. Long emergency room waiting time is putting patients to opt for alternative acute
care centers.
Acute care services are a part of secondary healthcare services under which patients receive active
short-term services for severe injuries, surgical recovery services or emergency medical needs.
Acute care services are delivered by multidisciplinary medical care providers and require a shortterm stay at hospitals, ambulatory surgical centers, urgent care centers etc. Acute care centers
generally are known to provide walk-in or unscheduled care. At acute care centers, patients receive
services including but not limited to hydration therapy, antibiotic therapy, bronchodilation, pain
management, and even extensive life-care support. Healthcare systems across the globe are facing a
number of challenges such as rapidly aging population, rising cost of chronic diseases management,
lack of proper access to primary care services etc. Acute
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Some of the major drivers for the growth of acute care centers include demographic trends towards
rapidly aging population, expansion of private insurance coverage, rising incidence of stress-related
acute diseases such as stroke etc. According to U.S. Department of Health and Human Services and
the National Ambulatory Medical Care survey, population aged over 65 in the U.S. will be doubled
by 2030. Although the elderly population in the U.S. represents only 13% of the overall population,
patients aged 65 and above it accounted for 38% of emergency medical responses in 2011.
Expansion of private insurance coverage is expected to further push the market for acute care
centers as over 55% of the U.S. acute care patients are reimbursed by private insurance.
Development of guidelines for acute care would further raise the patient's trust in service providers
and thus increase the adoption. But high rates of claim denials is a major concern and thus limiting
the growth of acute care centers market.
On the basis of service providers, the global acute care centers market has been segmented into
primary care centers, hospital, and free-standing emergency rooms, coronary & intensive care
centers, neonatal intensive care centers etc. Decreasing access to primary care services due to lack
of medical resources and overcrowding at primary care physicians office etc. is pushing patients
towards situations where they have to seek for acute care. However, obtaining healthcare at acute
care centers has led to 80% saving in U.S. healthcare expenditure in 2010.
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On the basis of regional presence, global acute care centers market is segmented into five key
regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North
America will continue to dominate the global acute care centers market due to high patient volumes.
Moreover, acute care centers in the U.S. are trying to implement Electronic Medical Record (EMR)
systems hence patients can be directly referred to the hospital. Europe is expected to hold second
largest market share in global acute care centers market due to rising prevalence of cardiovascular
diseases.
The market for acute care centers is highly fragmented with a large number of urgent care chains
operating in the global market. In 2011, U.S. Healthcare systems had approximately 9,900
operational urgent care chains which comprised of less than 1% of a total market.
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