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Inpatient Care - Bangladesh

Bangladesh
  • The Inpatient Care market in Bangladesh is anticipated to witness a substantial growth in revenue, with a projected value of US$2.81bn in 2024.
  • This growth is expected to continue at an annual growth rate of 10.86% from 2024 to 2029, ultimately reaching a market volume of US$4.71bn by 2029.
  • In terms of global comparison, it is noteworthy that United States is expected to generate the highest revenue in the Inpatient Care market, reaching a staggering US$731.40bn in 2024.
  • Bangladesh is experiencing a growing demand for specialized inpatient care services to cater to the increasing healthcare needs of its population.

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.

In-Scope

  • Inpatient nursing care
  • Medical goods for inpatient treatments
  • Inpatient surgical treatments

Out-Of-Scope

  • Day care
  • Long-term care
  • Outpatient care
  • Home-based care
Inpatient Care: market data & analysis - Cover

Market Insights Report

Inpatient Care: market data & analysis

Study Details

    Revenue

    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

    Analyst Opinion

    The Inpatient Care market in Bangladesh has been developing rapidly in recent years, driven by several factors such as increasing demand for healthcare services, rising income levels, and government initiatives to improve healthcare infrastructure.

    Customer preferences:
    Bangladesh is a densely populated country with limited healthcare resources, resulting in long waiting times and inadequate facilities for patients. As a result, there has been a growing demand for private hospitals and clinics that offer better facilities and shorter waiting times. Patients are also increasingly seeking specialized care for complex medical conditions.

    Trends in the market:
    The Inpatient Care market in Bangladesh has been experiencing significant growth in recent years, driven by the increasing demand for private healthcare services. Private hospitals and clinics have been expanding rapidly to meet the growing demand for healthcare services, with many new facilities being built in urban areas. The market is also witnessing a trend towards specialization, with hospitals and clinics offering specialized care for specific medical conditions such as cancer, heart disease, and neurology.

    Local special circumstances:
    Bangladesh is a low-income country with limited healthcare resources, resulting in a high burden of disease and a shortage of medical professionals. The government has been taking steps to address these issues by investing in healthcare infrastructure and increasing the number of medical colleges and hospitals. However, the healthcare system still faces significant challenges, including inadequate funding, poor infrastructure, and a shortage of skilled healthcare professionals.

    Underlying macroeconomic factors:
    The Inpatient Care market in Bangladesh is being driven by several underlying macroeconomic factors, including rising income levels, increasing urbanization, and a growing middle class. As more people move to urban areas and earn higher incomes, they are more likely to seek private healthcare services that offer better facilities and shorter waiting times. The government's focus on improving healthcare infrastructure is also driving growth in the market by increasing access to healthcare services for the population. In conclusion, the Inpatient Care market in Bangladesh is experiencing significant growth, driven by increasing demand for private healthcare services, rising income levels, and government initiatives to improve healthcare infrastructure. The market is witnessing a trend towards specialization, with hospitals and clinics offering specialized care for specific medical conditions. However, the healthcare system still faces significant challenges, including inadequate funding, poor infrastructure, and a shortage of skilled healthcare professionals.

    Hospitals

    Most recent update: Apr 2024

    Sources: Statista Market Insights, OECD, WHO, National statistical offices

    Hospital beds

    Most recent update: Apr 2024

    Sources: Statista Market Insights, World Bank, WHO

    Global Comparison

    Most recent update: Apr 2024

    Source: Statista Market Insights

    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.

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    Inpatient Care: market data & analysis - BackgroundInpatient Care: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Explore more high-quality data on related topic

    U.S. Hospitals - Statistics & Facts

    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.
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