Forecast: Acute Care Hospital Beds in South Korea

Acute Care Hospital Beds in South Korea stood at 7.42 units per thousand persons in 2023. From 2013 to 2019, the overall trend was relatively stable, with minor fluctuations each year. Significant growth was observed between 2020 and 2023, aligning with the increased demand for healthcare services. The year-on-year variation showed slight annual increases, averaging around 0.95% over the last two years. The Compound Annual Growth Rate (CAGR) over the last five years was 0.94%, indicating steady, moderate growth in this period.

Future trends to watch for include:

  • Continued gradual increase in the number of hospital beds, forecasted to reach 7.76 units per thousand persons by 2028.
  • Potential impact of aging population and increased chronic illnesses on the demand for acute care services.
  • Innovation in medical technology and healthcare delivery potentially influencing bed capacity and utilization rates.

Top Countries about Hospital