Inpatient Care - Bosnia and Herzegovina

  • Bosnia and Herzegovina
  • The Inpatient Care market in Bosnia and Herzegovina is expected to witness a significant rise in revenue, reaching US$565.10m in 2024.
  • This projection indicates a positive growth trajectory for the market.
  • In the following years, from 2024 to 2029, the market is expected to exhibit a Compound Annual Growth Rate (CAGR) of 4.44%.
  • Consequently, the market volume is anticipated to expand and reach US$702.20m by 2029.
  • In a global context, it is noteworthy that United States is projected to generate the highest revenue in the Inpatient Care market, amounting to US$731.40bn in 2024.
  • This highlights the dominant position of the United States in this market.
  • The demand for inpatient care in Bosnia and Herzegovina has been steadily increasing due to a growing aging population.

Key regions: United States, Germany, Brazil, United Kingdom, Japan

 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

The Inpatient Care market in Bosnia and Herzegovina has been developing steadily in recent years, driven by a growing demand for healthcare services and increasing investment in the healthcare sector.

Customer preferences:
Bosnia and Herzegovina has a universal healthcare system, which provides free healthcare services to all citizens. However, due to the limited resources and long waiting times, many people prefer to opt for private healthcare services. This has led to an increase in the demand for private hospitals and clinics, which offer faster and more personalized care.

Trends in the market:
One of the major trends in the Inpatient Care market in Bosnia and Herzegovina is the growing popularity of medical tourism. Many people from neighboring countries, such as Serbia and Montenegro, come to Bosnia and Herzegovina for medical treatments, as the prices are lower compared to their home countries. This has led to an increase in the number of private hospitals and clinics, which cater to the needs of medical tourists.Another trend in the market is the increasing adoption of technology in healthcare. Many hospitals and clinics in Bosnia and Herzegovina are investing in advanced medical equipment and digital health solutions to improve patient outcomes and reduce healthcare costs. This has led to an improvement in the quality of healthcare services and increased patient satisfaction.

Local special circumstances:
Bosnia and Herzegovina has a complex healthcare system, which is decentralized and fragmented. The country is divided into two entities, the Federation of Bosnia and Herzegovina and the Republika Srpska, each with its own healthcare system. This has led to disparities in healthcare access and quality between different regions of the country.

Underlying macroeconomic factors:
The healthcare sector in Bosnia and Herzegovina is heavily influenced by the country's economic situation. The country has a high unemployment rate and low GDP per capita, which limits the government's ability to invest in healthcare infrastructure and services. However, the government has been taking steps to improve the healthcare sector, such as increasing the healthcare budget and implementing healthcare reforms.In conclusion, the Inpatient Care market in Bosnia and Herzegovina is developing in response to changing customer preferences, increasing investment in healthcare infrastructure, and the adoption of technology in healthcare. However, the market is also influenced by local special circumstances, such as the country's complex healthcare system, and underlying macroeconomic factors, such as the country's economic situation.

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.

Overview

  • Revenue
  • Analyst Opinion
  • Hospitals
  • Hospital beds
  • Global Comparison
  • Methodology
  • Key Market Indicators
Please wait

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Ayana Mizuno
Ayana Mizuno
Junior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)