Europe Acute Hospital Care Market Size & Outlook, 2023-2030
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Europe acute hospital care market highlights
- The Europe acute hospital care market generated a revenue of USD 893,535.3 million in 2023.
- The market is expected to grow at a CAGR of 8.1% 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.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 893,535.3 million |
| Market revenue in 2030 | USD 1,536,853.0 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | Emergency care |
| Fastest growing segment | Acute Care Surgery |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 26.7% of the global acute hospital care market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 729,788.0 million by 2030.
Emergency care was the largest segment with a revenue share of 53.78% in 2023. Horizon Databook has segmented the Europe 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 Europe acute hospital care market has maintained a strong position in recent years and is anticipated to grow at a significant rate over the forecast period.
Growing geriatric population in developed economies, such as Germany, the UK, France, and Italy, coupled with presence of high untapped opportunities in Eastern Europe are some of the factors expected to drive market growth during the forecast period.
Moreover, changes in social and demographic structure in Europe are likely to boost the demand for improved healthcare services. In addition, improving funding and reimbursement mechanisms implemented in several European countries for aiding patients are likely to support market growth.
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Acute Hospital Care Market 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 |
Europe acute hospital care market size, by country, 2017-2030 (US$M)
Europe Acute Hospital Care Market Outlook Share, 2023 & 2030 (US$M)
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