Inpatient Care - Africa | Statista Market Forecast

The Inpatient Care market in Africa is expected to witness significant growth in the coming years.
According to projections, the revenue in this market is expected to reach US$28.90bn by 2024.
Furthermore, it is anticipated that the market will experience an annual growth rate of 5.84% between 2024 and 2029, resulting in a market volume of US$38.38bn by the end of 2029.
When comparing the revenue generated globally, it is noteworthy that United States is expected to dominate the market, with projected revenue of US$731.40bn in 2024.
This indicates the significant market potential in the Inpatient Care market sector, not only in Africa but also worldwide.
In Africa, the demand for inpatient care is rising rapidly, fueled by an increase in chronic diseases and a growing middle class.

Definition:
Inpatient Care refers to medical and surgical services provided to patients who are admitted for overnight stays at hospitals. This market covers a wide range of services, such as diagnostics, medical treatments, and surgical treatments. It also includes facilities, nursing care, and other services that are necessary for the patient's recovery and well-being during their hospital stay. However, inpatient long-term care (LTC) for people with LTC needs is not included. Hospital inpatient care is a crucial component of the healthcare industry and is essential for providing high-quality and comprehensive medical care to patients.

Structure:
Inpatient Care covers Neoplasm Treatments, Treatments of Cardiovascular Diseases, Treatments of Musculoskeletal Diseases, Gastroenterology, Midwifery, and Other Inpatient Care. Other Inpatient Care provides information on additional areas that are not covered by the previously mentioned markets.

Additional information:
Inpatient Care comprises revenues, average revenue per capita, number of hospitals, average revenue per hospital, number of hospital beds, and average revenue per hospital bed. Market values represent revenues paid to hospitals by the respective healthcare payers (including VAT, if applicable). Reported market revenues include spending by consumers (B2C), enterprises (B2B), and governments (B2G). Revenues are allocated to the country where the money is spent.

Inpatient nursing care
Medical goods for inpatient treatments
Inpatient surgical treatments

Day care
Long-term care
Outpatient care
Home-based care

The Inpatient Care market in Africa has been experiencing significant growth in recent years, driven by a number of factors.

Customer preferences: Patients in Africa are increasingly seeking high-quality healthcare services, including inpatient care, which has led to a rise in demand for these services. Additionally, with the increasing prevalence of chronic diseases such as diabetes and cardiovascular disease, there is a growing need for inpatient care facilities that can provide specialized treatment to patients.

Trends in the market: One of the key trends in the Inpatient Care market in Africa is the increasing adoption of technology in healthcare. This includes the use of electronic health records, telemedicine, and other digital tools that can help improve patient outcomes and make healthcare more efficient. Another trend is the growing focus on preventative care, as healthcare providers look to reduce the burden of chronic diseases and improve population health.

Local special circumstances: Despite the overall growth in the Inpatient Care market in Africa, there are significant variations in healthcare access and quality across different countries and regions. In some areas, there is a lack of infrastructure and resources to support high-quality inpatient care, while in others there are issues with affordability and access to insurance coverage.

Underlying macroeconomic factors: The underlying macroeconomic factors driving the growth of the Inpatient Care market in Africa include rising incomes, urbanization, and demographic changes. As more people move into cities and the middle class expands, there is a growing demand for healthcare services that can meet their needs. Additionally, as the population ages, there is a greater need for specialized care for chronic conditions and other age-related health issues.Overall, the Inpatient Care market in Africa is poised for continued growth in the coming years, as healthcare providers work to meet the needs of a growing patient population and address the challenges of providing high-quality care in a complex and rapidly changing healthcare landscape.

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 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.

This report presents a comprehensive analysis and additional information on the Health market, in a PDF format.

The healthcare landscape in the United States is a complicated one. There are federal health insurance plans for low-income individuals namely Medicaid and CHIP (Children’s health insurance program) and Medicare for seniors and the disabled. Aside from these, people must buy private health insurance or be left uninsured because the U.S. is the only high-income country without universal healthcare coverage. Hospitals in the U.S., therefore, receive payment from multiple payers. Most revenue generated by U.S. hospitals comes from private insurance, self, or other payments. The complexity of this multi-payer system is instrumental to the U.S. having the highest administrative health costs per capita among wealthy nations.