Emergency General Surgery Services Market Is Expected To Reach $ 32.0 Billion By 2030
San Francisco, 29 Nov 2024: The Report Emergency General Surgery Services Market Size, Share & Trends Analysis Report By Procedure (Abdominal Surgery, Trauma Surgery), By End Use (Hospitals, Specialty Clinics), By Region, And Segment Forecasts, 2024 - 2030
The global emergency general surgery services market size is anticipated to reach USD 32.0 billion by 2030 and is projected to grow at a CAGR of 5.74% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market encompasses a range of surgical procedures and services provided for acute and urgent conditions requiring immediate intervention.
The increasing number of insured individuals significantly influences the market. More people with health insurance are likely to seek prompt medical attention for urgent conditions. By 2040, the number of Americans aged 65 and older is expected to exceed 80 million, while those aged 85 and above needing daily assistance are expected to quadruple from 2000 levels. This trend boosts demand for emergency surgeries and prompts healthcare providers to improve their services.
The increasing incidence of chronic diseases such as diabetes, heart disease, and cancer significantly drives the market growth. The chronic conditions lead to acute complications requiring urgent surgical care. According to WHO, approximately 422 million individuals globally are affected by diabetes, with a significant number residing in low- and middle-income nations. Each year, diabetes is responsible for around 1.5 million deaths.
Access Research Report of Emergency General Surgery Services Market @ https://www.grandviewresearch.com/industry-analysis/emergency-general-surgery-services-market-report
Emergency General Surgery Services Market Report Highlights
- Based on procedure type, abdominal surgery dominated the market with the largest revenue share of 29.7% in 2023. Factors such as advancements in surgical techniques, including minimally invasive procedures, and the rising prevalence of obesity-related complications also contribute to this growth.
- Based on end use, the hospitals segment dominated the market with the largest revenue share of 64.8% in 2023 due to their comprehensive infrastructure, availability of specialized surgical teams, and advanced medical technology.
- In March 2024, Northern Health introduced orthopedic services to its surgical offerings in Terrace, enhancing the range of medical care available in the region.
Emergency General Surgery Services Market Report Scope
Report Attribute | Details |
Market size value in 2024 | USD 22.9 billion |
Revenue forecast in 2030 | USD 32.0 billion |
Growth rate | CAGR of 5.74% from 2024 to 2030 |
Actual data | 2018 - 2023 |
Forecast period | 2024 - 2030 |
List of Key Players in the Emergency General Surgery Services Market
- HCA Management Services, L.P.
- TH Medical.
- Ascension
- Cleveland Clinic
- Mayo Clinic
- Banner Health
- Health Security Partners (HSP)
- Providence
- Universal Health Services
- MedStar Health
Access Press Release of Emergency General Surgery Services Market @ https://www.grandviewresearch.com/press-release/global-emergency-general-surgery-services-market
About Grand View Research
Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.
For More Information: https://www.grandviewresearch.com/horizon
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