Market Insights Health Hospitals Inpatient Care

Gastroenterology - Burkina Faso

Burkina Faso

In Burkina Faso, the Gastroenterology market is expected to witness significant growth in the coming years.
By 2024, the projected revenue for this market is estimated to reach US$20.86m.
Looking ahead, it is anticipated that the market will continue to expand with a compound annual growth rate (CAGR 2024-2029) of 4.18%.
This growth trajectory is expected to result in a market volume of US$25.60m by 2029.
When comparing the global landscape, it is noteworthy that United States will generate the highest revenue in the Gastroenterology market.
In 2024 alone, United States is projected to generate a significant revenue of US$60,480.00m.
This indicates the dominant position of the United States in this market.
Burkina Faso's gastroenterology market is experiencing a surge in demand for diagnostic services due to an increase in gastrointestinal disorders among its population.

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

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.