Market Insights Health Hospitals Inpatient Care

Gastroenterology - Hong Kong

Hong Kong

In Hong Kong, the revenue in the Gastroenterology market is estimated to reach HK US$0.56bn in 2024.
It is anticipated that the revenue will exhibit a compound annual growth rate (CAGR 2024-2029) of 3.03%, leading to a market volume of HK US$0.65bn by 2029.
When compared globally, United States is expected to generate the highest revenue in the Gastroenterology market, amounting to US$60,480.00m in 2024.
In Hong Kong, there is a growing demand for gastroenterology services due to the increasing prevalence of gastrointestinal disorders among the aging population.

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

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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.