Australia Acute Hospital Care Market Size & Outlook

The acute hospital care market in Australia is expected to reach a projected revenue of US$ 103,138.9 million by 2030. A compound annual growth rate of 9.7% is expected of Australia acute hospital care market from 2024 to 2030.
Revenue, 2023 (US$M)
$53,820.3
Forecast, 2030 (US$M)
$103,138.9
CAGR, 2024 - 2030
9.7%
Report Coverage
Australia

Australia acute hospital care market highlights

  • The Australia acute hospital care market generated a revenue of USD 53,820.3 million in 2023 and is expected to reach USD 103,138.9 million by 2030.
  • The Australia market is expected to grow at a CAGR of 9.7% from 2024 to 2030.
  • In terms of segment, emergency care was the largest revenue generating medical condition in 2023.
  • Acute Care Surgery is the most lucrative medical condition segment registering the fastest growth during the forecast period.


Acute hospital care market data book summary

Market revenue in 2023USD 53,820.3 million
Market revenue in 2030USD 103,138.9 million
Growth rate9.7% (CAGR from 2023 to 2030)
Largest segmentEmergency care
Fastest growing segmentAcute Care Surgery
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationEmergency Care, Short-term Stabilization, Trauma Care, Acute Care Surgery, Other Medical Conditions
Key market players worldwideTenet Healthcare Corp, Fresenius Medical Care AG, Ramsay Health Care Ltd, Universal Health Services Inc Class B, Community Health Systems Inc, Ascension, IHH Healthcare Bhd, Ardent Health Services, Mediclinic International, Asklepios, LifePoint Health


Other key industry trends

  • In terms of revenue, Australia accounted for 1.6% of the global acute hospital care market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan acute hospital care market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 145,453.3 million by 2030.

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Acute Hospital Care Market Companies

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Australia acute hospital care market size, by medical condition, 2017-2030 (US$M)

Australia Acute Hospital Care Market Outlook Share, 2023 & 2030 (US$M)

Australia acute hospital care market size, by medical condition, 2017-2030 (US$M)

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