Canada Acute Hospital Care Market Size & Outlook
Canada acute hospital care market, 2017-2030 (US$M)
Related Markets
Canada acute hospital care market highlights
- The Canada acute hospital care market generated a revenue of USD 190,646.8 million in 2023 and is expected to reach USD 322,283.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.8% 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 190,646.8 million |
| Market revenue in 2030 | USD 322,283.0 million |
| Growth rate | 7.8% (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, Canada accounted for 5.7% 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 North America, U.S. acute hospital care market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 322,283.0 million by 2030.
Emergency care was the largest segment with a revenue share of 53.78% in 2023. Horizon Databook has segmented the Canada acute hospital care market based on emergency care, short-term stabilization, trauma care, acute care surgery, other medical conditions covering the revenue growth of each sub-segment from 2017 to 2030.
The Canadian healthcare system has flourished in recent years owing to constant advancements in healthcare infrastructure & care delivery services, growing accessibility & affordability of care, increasing prevalence of acute & chronic diseases, and rising disposable income.
Acute care provided in hospitals play a vital role in continuum of Canadian healthcare services. In Canada, acute care services account for the most expensive type of healthcare service and is a key contributor to rising healthcare expenditure.
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Acute Hospital Care Market Scope
Acute Hospital Care Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada acute hospital care market size, by medical condition, 2017-2030 (US$M)
Canada Acute Hospital Care Market Outlook Share, 2023 & 2030 (US$M)
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