Inpatient Care - Estonia | Statista Market Forecast

The Inpatient Care market in Estonia is projected to reach a revenue of US$598.70m in 2024.
This represents a significant growth opportunity for the country's healthcare sector.
Looking ahead, the market is expected to exhibit an annual growth rate of 3.80% from 2024 to 2029, resulting in a market volume of US$721.60m by 2029.
This indicates a positive trend and highlights the potential for further expansion and development in Estonia's inpatient care industry.
In terms of global comparison, it is noteworthy that United States is anticipated to generate the highest revenue in the Inpatient Care market, amounting to US$731.40bn in 2024.
This underscores the dominant position of the United States in the global healthcare landscape and highlights the scale of its inpatient care market.
The inpatient care market in Estonia is witnessing a surge in demand due to the country's aging population and increasing healthcare investments.

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.

Inpatient nursing care
Medical goods for inpatient treatments
Inpatient surgical treatments

Day care
Long-term care
Outpatient care
Home-based care

The Inpatient Care market in Estonia has been experiencing a steady growth in recent years.

Customer preferences: Estonian patients have been showing a growing preference towards inpatient care due to the high quality of care provided by hospitals and the availability of advanced medical technologies. Additionally, the aging population in Estonia has resulted in an increased demand for inpatient care services.

Trends in the market: Inpatient care in Estonia has been experiencing a shift towards more specialized care, with hospitals investing in advanced medical technologies and equipment to provide specialized services. The market has also seen an increase in the number of private hospitals, which offer more personalized and comfortable care to patients.

Local special circumstances: The Estonian government has been investing heavily in the healthcare sector, which has resulted in an increase in the number of hospitals and medical facilities in the country. Additionally, the country's membership in the European Union has resulted in increased funding for the healthcare sector, which has further boosted the growth of the inpatient care market.

Underlying macroeconomic factors: The growth of the inpatient care market in Estonia can be attributed to the country's strong economic performance in recent years. The country has a stable political environment and a well-functioning healthcare system, which has attracted foreign investments in the healthcare sector. Additionally, the increasing demand for inpatient care services has resulted in the creation of new job opportunities in the healthcare sector, which has further boosted the country's economic growth.

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.

This report presents a comprehensive analysis and additional information on the Health market, in a PDF format.

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.