Hospitals - Chile

  • Chile
  • In Chile, the Hospitals market is expected to achieve a revenue of US$17.12bn in 2024.
  • With an annual growth rate of 3.70% (CAGR 2024-2029), the market volume is projected to reach US$20.53bn by 2029.
  • It is worth noting that in a global perspective, United States will generate the highest revenue of US$1,501.00bn in 2024.
  • In terms of per person revenues, in Chile is expected to generate US$0.87k per person in 2024.
  • Chile's hospitals are increasingly investing in advanced technology to improve patient care and enhance medical outcomes.

Key regions: United States, China, Germany, Japan, Europe

 
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Analyst Opinion

The healthcare industry in Chile has been growing steadily in recent years, with the country's hospitals market being a key contributor to this growth.

Customer preferences:
Chilean consumers place a high value on quality healthcare services, and are increasingly seeking out hospitals and medical facilities that offer advanced technologies and specialized treatments. As a result, there has been a growing trend towards private hospitals and clinics, which are viewed as offering higher quality care than public hospitals.

Trends in the market:
One of the key trends in the Chilean hospitals market is the increasing use of telemedicine and other digital health technologies. This trend has been driven by a number of factors, including the country's large and dispersed population, as well as a shortage of healthcare professionals in certain areas. As a result, many hospitals and clinics are investing in telemedicine platforms and other digital health tools in order to improve access to care and reduce costs.Another trend in the Chilean hospitals market is the growing demand for specialized treatments and procedures. This trend has been driven by a number of factors, including the country's aging population, as well as an increasing prevalence of chronic diseases such as cancer and diabetes. As a result, many hospitals and clinics are investing in specialized equipment and staff in order to better meet the needs of these patients.

Local special circumstances:
One of the unique features of the Chilean hospitals market is the country's public-private healthcare system. While public hospitals are available to all citizens, many Chileans opt for private healthcare services due to perceived higher quality of care. This has led to a significant growth in the private hospitals sector, which now accounts for a significant portion of the overall hospitals market in Chile.

Underlying macroeconomic factors:
The growth of the hospitals market in Chile is being driven by a number of underlying macroeconomic factors, including the country's strong economic growth and increasing healthcare spending. Additionally, the government has implemented a number of policies aimed at improving access to healthcare services, such as the creation of a national health insurance system. As a result, the hospitals market in Chile is expected to continue to grow in the coming years, driven by increasing demand for high-quality healthcare services.

Methodology

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on revenue received by hospitals from public or private sources, allocated to the country where the money is spent, including VAT if applicable.

Modeling approach / Market size:

Market sizes are determined by a bottom-up approach, based on a specific rationale for each market market. Next, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, public health spend, and GDP. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

Overview

  • Revenue
  • Analyst Opinion
  • Hospitals
  • Hospital beds
  • Demographics
  • Global Comparison
  • Methodology
  • Key Market Indicators
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