Hospitals - D-A-CH

D-A-CH

The Hospitals market in D-A-CH is forecasted to achieve a revenue of US$213.60bn by the year 2024.
This projection indicates an anticipated annual growth rate (CAGR 2024-2029) of 3.39%, leading to a market volume of US$252.40bn by 2029.
When compared globally, United States is expected to generate the highest revenue, reaching US$1,501.00bn in 2024.
In terms of per capita revenue, an average of US$2.11k will be generated per person in 2024.
In Germany, hospitals are increasingly adopting digital health technologies to improve patient care and enhance operational efficiency.

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

Market

Region

Region comparison

Currency

Analyst Opinion

The healthcare industry in D-A-CH has been growing rapidly in the past few years, and the Hospitals market is no exception.

Customer preferences: Customers in D-A-CH have been increasingly demanding high-quality healthcare services, which includes advanced medical technologies and state-of-the-art facilities. Patients are also looking for personalized care that caters to their individual needs.

Trends in the market: In Germany, the Hospitals market has been experiencing a shift towards outpatient care, with a growing number of patients opting for day clinics and outpatient surgeries. This trend is driven by the increasing availability of advanced medical technologies and the need for cost-effective healthcare solutions. In Austria, the Hospitals market has been witnessing a consolidation trend, with smaller hospitals merging with larger ones to improve efficiency and reduce costs. This trend is driven by the increasing pressure on hospitals to provide high-quality healthcare services while keeping costs low.

Local special circumstances: Switzerland has a unique healthcare system, which is characterized by a high level of private healthcare provision. Private hospitals and clinics account for a significant share of the Hospitals market in Switzerland, with patients opting for private healthcare services due to the perceived higher quality of care and shorter waiting times. However, this trend has also led to a higher cost of healthcare in Switzerland compared to other countries in the region.

Underlying macroeconomic factors: The Hospitals market in D-A-CH is influenced by several macroeconomic factors, including population growth, aging demographics, and government healthcare policies. The aging population in the region has led to an increase in demand for healthcare services, including hospital care. The governments in the region have been implementing policies aimed at improving the quality of healthcare services while reducing costs, which has led to a shift towards outpatient care and hospital consolidations. Additionally, the increasing availability of advanced medical technologies has also been driving the growth of the Hospitals market in D-A-CH.

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.