Gastroenterology - EU-27

  • EU-27
  • The Gastroenterology market in the EU-27 is expected to experience significant growth in the coming years.
  • According to projections, the revenue in this market is estimated to reach US$33.99bn in 2024.
  • This demonstrates the immense potential and demand for gastroenterology products and services within the EU-27 region.
  • Furthermore, the market is anticipated to exhibit a steady annual growth rate of 1.93% from 2024 to 2029.
  • This will contribute to a substantial increase in market volume, estimated to reach US$37.40bn by 2029.
  • Such growth signifies the expanding importance of gastroenterology within the healthcare industry.
  • When comparing the global market, it is noteworthy that United States is expected to generate the highest revenue in the gastroenterology sector.
  • In 2024 alone, United States is projected to reach a remarkable revenue of US$60,480.00m.
  • This highlights the dominance of the US market and its significant contribution to the overall gastroenterology industry.
  • Germany leads the EU-27 in gastroenterology research and innovation, with a focus on cutting-edge endoscopic techniques and precision medicine.

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

 
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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.

Overview

  • Revenue
  • Global Comparison
  • Methodology
  • Key Market Indicators
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