Acute Care Market to Grow as Telemedicine Demand Rises; Sound Physicians Launches Telemedicine Services for Acute Care, Says Fortune Business Insights

Acute Care MarketRising preference for on-demand services will be a major driver for the global acute care market, finds Fortune Business Insights in its report, titled “Acute Care Market Size, Share and Global Trend By Application, By End User and Geography Forecast till 2026”. An in-depth analysis of the factors that will influence the market in the forecast period.

According to the World Health Organization (WHO), acute care refers to all actions or responses that are curative, preventive, rehabilitative, promotive, or palliative in nature. These actions can be directed towards a single individual, a group of individuals, or entire populations and the aim is to improve the general health of those affected. The effectiveness of acute care services depends on the timeliness of the action taken and in cases of emergency, how rapid the intervention was.

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Leading Players operating in the Acute Care Market are:

  • Sound Physicians
  • Benedictine Health System
  • Medisys Inc.
  • American Well
  • Medsphere Systems Corporation
  • Berkshire Healthcare Systems, Inc.
  • eClinicalWorks
  • US Acute Care Solutions

Rising Integration of Cloud Technology with Acute Care Systems to Intensify Competition

With a view to stay ahead of the competition, key players in the global acute care market are adopting technological tools to enhance their acute care services capabilities. For example, eClinicalWorks launched its cloud-based platform to set up a data sharing system between ambulatory and acute care services in early 2019.

The platform is also designed to streamline Electronic Health Record (EHR) and Revenue Cycle Management (RCM) related to acute care. Companies are also making the best of the opportunities provided by the rising demand for telemedicine. For instance, American Well launched the AMERICAN WELL 760 CART, a device developed to aid acute care teams on-site by connecting them to a specialist using video conferencing technology.

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Intense R&D Activities to Propel the Market in North America

North America is anticipated to generate a significant portion of the global acute care market revenue till 2026 owing to growing investments in R&D, presence of major market players in the region, and a rising patient pool. In Asia-Pacific, rising population, increasing investment in healthcare by public and private sectors, and growing incidence of critical care ailments will fuel the global acute care market in the forecast period.

Market Segmentation:

By Application 

  • Surgery
  • Skin Infections
  • Urinary Tract Infections
  • Sprains, Strains, & Fractures
  • Others

By End User      

  • Hospitals
  • Ambulatory Surgery Centers(ASC)
  • Others

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By Region           

  • North America (USA, and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)

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Arthur Siegrist

By Arthur Siegrist

Arthur has nearly a decade of media experience. Before joining FBI Market News, he ran content operations of several local news journals. He also vast experience stock market, corporate communications, public relations, and digital marketing. Arthur holds a commerce degree from the University of Oakland and a post-graduate degree in English from NYU.