Inpatient Care - EAEU

EAEU

The Inpatient Care market in the EAEU is anticipated to witness a remarkable growth trajectory, with projected revenue reaching a substantial figure of US$31.63bn in 2024.
Furthermore, it is expected to exhibit a steady annual growth rate (CAGR 2024-2029) of 2.58%, leading to a significant market volume of US$35.92bn by 2029.
In terms of global comparison, United States is poised to generate the highest revenue, amounting to a staggering US$731.40bn in 2024.
The EAEU has seen a rise in private hospitals, creating more competition and driving up the quality of inpatient care.

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

Market

Region

Region comparison

Currency

Analyst Opinion

The Inpatient Care market in EAEU has been steadily developing over the years, driven by a growing demand for healthcare services and advancements in medical technology.

Customer preferences: Customers in the EAEU region have shown a preference for high-quality healthcare services and facilities that provide specialized care for various medical conditions. This has led to an increase in the number of private hospitals and clinics, as well as the adoption of advanced medical technologies and treatments.

Trends in the market: One of the major trends in the Inpatient Care market in EAEU is the growing popularity of medical tourism. Many patients from neighboring countries are traveling to EAEU countries for medical treatment due to the availability of world-class medical facilities and highly skilled healthcare professionals. Another trend is the increasing focus on preventive healthcare, with hospitals and clinics offering various health check-up packages to detect and prevent diseases at an early stage.

Local special circumstances: Each country in the EAEU region has its own unique set of circumstances that affect the Inpatient Care market. For example, in Russia, the government has been investing heavily in the healthcare sector, which has led to the development of new hospitals and clinics. In Kazakhstan, there has been a shift towards privatization of healthcare services, which has resulted in the growth of private hospitals and clinics.

Underlying macroeconomic factors: The Inpatient Care market in EAEU is also influenced by macroeconomic factors such as GDP growth, healthcare expenditure, and population demographics. As the economies of EAEU countries continue to grow, there is an increase in healthcare expenditure, which is driving the growth of the Inpatient Care market. Additionally, an aging population and the rising prevalence of chronic diseases are contributing to the increasing demand for healthcare services in the region.

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.