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.
Notes: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war.
Most recent update: Apr 2024
Source: Statista Market Insights
Most recent update: Apr 2024
Source: Statista Market Insights
The Inpatient Care market in Baltics has been experiencing significant changes in recent years.
Customer preferences: Customers in the Baltics region have been increasingly demanding high-quality and personalized healthcare services. They value healthcare facilities that offer modern technology, advanced medical equipment, and experienced medical professionals. Patients are also looking for more comfortable and private rooms during their hospital stays.
Trends in the market: One of the current trends in the Inpatient Care market in Baltics is the shift towards outpatient care and day surgery. This trend is driven by the increasing demand for more efficient and cost-effective healthcare services. Patients prefer outpatient care because it allows them to receive medical treatment without having to stay in the hospital overnight. Another trend is the increasing use of telemedicine and digital health solutions. These technologies allow patients to access medical care remotely, which is especially important in rural areas where access to healthcare services is limited.
Local special circumstances: The Inpatient Care market in Baltics is characterized by a relatively low number of hospital beds per capita compared to other European countries. This is due to the historical underinvestment in healthcare infrastructure during the Soviet era. However, the Baltics region has been investing heavily in healthcare infrastructure in recent years, which has led to the construction of new hospitals and the modernization of existing ones.
Underlying macroeconomic factors: The Inpatient Care market in Baltics is influenced by several macroeconomic factors. The aging population is one of the main drivers of the market, as older people require more medical care than younger ones. Another factor is the increasing prevalence of chronic diseases, which requires long-term medical care and hospitalization. The rising healthcare costs and the need for cost-effective healthcare solutions are also driving the market towards outpatient care and digital health solutions. Finally, the COVID-19 pandemic has accelerated the adoption of telemedicine and other digital health solutions in the Baltics region.
Most recent update: Apr 2024
Sources: Statista Market Insights, OECD, WHO, National statistical offices
Most recent update: Apr 2024
Sources: Statista Market Insights, World Bank, WHO
Most recent update: Apr 2024
Source: Statista Market Insights
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights