In 2023, the hospital discharges in Australia stood at 4.8513 million. Over the last two years, the year-on-year variations were 2.25% in 2022 and 2.18% in 2023. The compound annual growth rate (CAGR) over the last five years was 1.07%, indicating a moderate annual increase in hospital discharges.
Forecast data suggests continuous growth in hospital discharges, with a projected increase reaching 5.3537 million by 2028. The forecasted five-year CAGR is 1.56%, reflecting a stable upward trend predicted to achieve an overall 8.07% growth from 2024 to 2028.
Future trends to watch for include potential impacts of advancements in telemedicine, shifts in healthcare policies, and population health management strategies which could influence hospital discharge rates and healthcare resource utilization.
