Market Insights Health Hospitals Inpatient Care

Gastroenterology - Africa

Africa

In the year 2024, it is projected that the revenue in the Gastroenterology market in Africa will reach a staggering US$3.00bn.
This market segment is expected to exhibit a steady annual growth rate of 5.28% from 2024 to 2029, ultimately leading to a market volume of US$3.88bn by 2029.
When compared globally, it is worth noting that in the United States is anticipated to generate the highest revenue in the Gastroenterology market.
In the year 2024, in the United States is expected to generate a substantial revenue of US$60,480.00m.
In Africa, the gastroenterology market is seeing a rise in demand for advanced diagnostic and treatment technologies due to an increase in gastrointestinal diseases.

Key regions: Brazil, China, Europe, United Kingdom, Canada

Market

Region

Region comparison

Currency

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.