Inpatient Care - Argentina

Argentina

The Inpatient Care market in Argentina is anticipated to witness significant growth in the coming years.
According to projections, the revenue is expected to reach US$5.94bn in 2024.
Furthermore, it is estimated that the market will experience a steady annual growth rate of 3.07% from 2024 to 2029, leading to a market volume of US$6.91bn by 2029.
When compared globally, it is noteworthy that in the United States will generate the highest revenue, amounting to US$731.40bn in 2024.
In Argentina, the inpatient care market is experiencing a rise in demand for specialized medical treatments and personalized care.

Key regions: India, Canada, Japan, United Kingdom, Germany

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Analyst Opinion

The Inpatient Care market in Argentina has been on a steady rise in recent years, driven by a number of factors that have contributed to its growth.

Customer preferences: Argentinian customers have shown a growing preference for inpatient care, as they place a higher value on the quality of care and the level of attention they receive during their hospital stay. They are also increasingly willing to pay for these services, as they prioritize their health and well-being.

Trends in the market: One trend that has been driving the growth of the Inpatient Care market in Argentina is the increasing demand for specialized care. Patients are seeking out hospitals and clinics that offer specialized treatments and procedures, and are willing to pay a premium for these services. Another trend is the growing popularity of private hospitals, which are seen as offering higher quality care and a more personalized experience than public hospitals.

Local special circumstances: The Inpatient Care market in Argentina is also influenced by a number of local factors, including the country's aging population and the prevalence of chronic diseases such as diabetes and cardiovascular disease. These factors are driving demand for inpatient care, as older patients and those with chronic conditions require more frequent hospitalizations and specialized care.

Underlying macroeconomic factors: The growth of the Inpatient Care market in Argentina is also being fueled by a number of underlying macroeconomic factors. These include the country's improving economic conditions, which have led to higher levels of disposable income and increased spending on healthcare. Additionally, the government has been investing in the healthcare sector, with a focus on improving the quality of care and expanding access to medical services across the country. These investments have helped to drive growth in the Inpatient Care market, as hospitals and clinics are able to offer a wider range of services and attract more patients.

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 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.