The data from 2013 to 2023 shows a general increasing trend in hospital discharges for complications of surgical and medical care in Canada, with a notable dip in 2020 likely due to the COVID-19 pandemic, which saw a significant drop of 14.17%. The year-on-year variation has typically hovered between 1% and 5%, recovering strongly in 2022 with a 12.53% increase and continuing with a 4.23% rise in 2023, where the discharges stood at 71.18 thousand.
The five-year compound annual growth rate (CAGR) varied significantly over the period. Pre-COVID years saw a positive CAGR around 2.5-3.3%, while the pandemic years showed a negative CAGR. From 2023 to 2028, a modest growth is forecasted with a five-year CAGR of 0.94% and an overall growth rate of 4.81%.
Future trends to watch for include:
- Potential fluctuations due to healthcare system changes post-COVID-19.
- Impact of technological advancements and improvements in surgical care.
- Possible policy adjustments and increased focus on preventive healthcare measures.
- Demographic changes, particularly an aging population, which could increase the necessity for surgical interventions and related complications.