Market Insights Health Hospitals Inpatient Care

Gastroenterology - Austria

Austria

The Gastroenterology market in Austria is expected to witness substantial growth in the coming years.
According to projections, the revenue in this market is estimated to reach US$1.37bn in 2024.
Furthermore, it is anticipated that the market will continue to expand with a compound annual growth rate (CAGR) of 2.63% between 2024 and 2029.
This growth trajectory is predicted to result in a market volume of US$1.56bn by 2029.
When comparing the global landscape, it is noteworthy that United States is expected to generate the highest revenue in the Gastroenterology market.
In 2024 alone, the revenue United States is projected to reach a staggering US$60,480.00m.
This highlights the significant market potential and dominance of the United States in this sector.
In Austria, there is a growing trend towards adopting a more holistic approach to gastroenterology, with an increased focus on the role of nutrition and lifestyle in managing gastrointestinal disorders.

Key regions: France, China, Japan, United States, Europe

Market

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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.