The US hospitals' gross output has shown a progressive increase from 2013 to 2023, reaching a value of 1075.6 billion dollars in 2023. The year-on-year variation has fluctuated, with significant peaks observed in 2015 (7.04%) and a slowdown in growth during 2022 (0.66%) and 2023 (2.55%). The compound annual growth rate (CAGR) over the last five years stands at 2.66%, depicting a steady but slowing growth trend.
Looking forward, the forecast until 2028 suggests a continued increase in output, projected to reach 1202.6 billion dollars. The forecasted CAGR over the next five years is anticipated to be 1.74%, indicating a modest growth rate. The expected overall growth from 2023 to 2028 is 9.01%.
- Slower growth rates in recent years
- Modest forecasted CAGR of 1.74% until 2028
Future trends to watch for include potential impacts of healthcare policy changes, advances in medical technology, and shifts in population demographics. Economic factors and post-pandemic health strategies will also play crucial roles in shaping the sector's financial landscape.
