The data for hospital discharges due to renal failure in Australia from 2013 to 2023 shows fluctuations with a general downward trend from 2013 to 2020, following which a slight upward trend is observed leading into 2023. By 2023, discharges are at 82.5 units per hundred thousand persons. Year-on-year variation highlights a decline from 2013 to 2020, with notable drops in 2015 and 2016. However, from 2020 to 2023, there are small annual increases, averaging at 1.1% for 2023 specifically. The CAGR over the last 5 years moving into 2023 stands at -0.48%, indicating a slow recovery from past declines.
Looking forward, the forecasted data from 2024 to 2028 illustrates a modest but steady rise in hospital discharges, predicted to reach 86.5 units per hundred thousand persons by 2028. The forecasted 5-year CAGR is 0.76%, presenting a gradual growth trajectory.
Future trends to watch include potential improvements in renal failure management which may affect hospital discharge rates, as well as demographic shifts and changes in healthcare policies which could impact the overall trend of hospital discharges for renal failures in Australia.
