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
Related Markets
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 2023 | USD 53,820.3 million |
| Market revenue in 2030 | USD 103,138.9 million |
| Growth rate | 9.7% (CAGR from 2023 to 2030) |
| Largest segment | Emergency care |
| Fastest growing segment | Acute Care Surgery |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Emergency Care, Short-term Stabilization, Trauma Care, Acute Care Surgery, Other Medical Conditions |
| Key market players worldwide | Tenet 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 Scope
Acute hospital care market segmentation & scope
Acute Hospital Care Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| LifePoint Health | View profile | 10001+ | Brentwood, Tennessee, United States, North America | http://www.lifepointhealth.net |
| Asklepios | View profile | 10001+ | Hamburg, Hamburg, Germany, Europe | https://www.asklepios.com/proresearch/ |
| Mediclinic International | View profile | 10001+ | Stellenbosch, NA - South Africa, South Africa, Africa | http://mediclinic.com |
| Ardent Health Services | View profile | 10001+ | Nashville, Tennessee, United States, North America | http://ardenthealth.com |
| IHH Healthcare Bhd | View profile | 70000 | 8 Jalan Bukit Pantai, Level 11, Block A, Pantai Hospital Kuala Lumpur, Kuala Lumpur, SGR, Malaysia, 59100 | https://www.ihhhealthcare.com |
| Ascension | View profile | 11-50 | London, England, United Kingdom, Europe | https://www.ascension.vc |
| Community Health Systems Inc | View profile | 61000 | 4000 Meridian Boulevard, Franklin, TN, United States, 37067 | https://www.chs.net |
| Ramsay Health Care Ltd | View profile | 88000 | 126 Phillip Street, Suite 18.03, Level 18, Deutsche Bank Place, Sydney, NSW, Australia, 2000 | https://www.ramsayhealth.com |
| Fresenius Medical Care AG | View profile | 119845 | Else-Kroener-Strasse 1, Bad Homburg, HE, Germany, 61352 | https://www.freseniusmedicalcare.com |
| Tenet Healthcare Corp | View profile | 106500 | 14201 Dallas Parkway, Dallas, TX, United States, 75254 | https://www.tenethealth.com |
| Universal Health Services Inc Class B | View profile | 96700 | 367 South Gulph Road, Universal Corporate Center, P.O. Box 61558, King Of Prussia, PA, United States, 19406-0958 | https://www.uhs.com |
Australia acute hospital care market size, by medical condition, 2017-2030 (US$M)
Australia Acute Hospital Care Market Outlook Share, 2023 & 2030 (US$M)
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