Market Insights Health Hospitals Inpatient Care

Gastroenterology - Benin

Benin

The Gastroenterology market in Benin is expected to experience significant growth in the coming years.
According to projections, the revenue in this market is estimated to reach US$15.51m in 2024.
Furthermore, it is anticipated that the market will continue to expand at a compound annual growth rate (CAGR) of 4.23% from 2024 to 2029.
This growth trajectory is expected to result in a market volume of US$19.08m by 2029.
When compared globally, it is worth noting that in the United States will generate the highest revenue in the Gastroenterology market.
In 2024, the projected revenue for the United States is a staggering US$60,480.00m.
The demand for advanced gastroenterology treatments is steadily increasing in Benin, driven by a growing awareness of gastrointestinal health and access to specialized medical facilities.

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

Market

Region

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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.