In 2023, the number of hospital beds in publicly owned hospitals in the US was 193.98 thousand. Forecasted data indicate a decreasing trend, with the number of beds expected to decline to 192.98 thousand in 2024, 191.95 thousand in 2025, 190.93 thousand in 2026, 189.93 thousand in 2027, and 188.93 thousand in 2028.
Year-on-year percentage variations reveal a consistent pattern of decline. From 2023 to 2024, the number decreases by approximately 0.51%. From 2024 to 2025, the decline is around 0.53%, followed by a 0.53% decrease from 2025 to 2026, a 0.52% decrease from 2026 to 2027, and a 0.53% decrease from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately -0.53%, highlighting an average annual decrease in hospital beds.
Future trends to watch for include the impact of healthcare policy changes, advances in medical technology, and shifting demographics which may influence demand for hospital beds. Additionally, the trend towards outpatient care and telemedicine could further affect the need for inpatient capacity in publicly owned hospitals.
