Market Insights Health Hospitals Inpatient Care

Gastroenterology - India

India

The Gastroenterology market in India is forecasted to achieve a revenue of INR US$4.87bn by the year 2024.
It is anticipated that the revenue will experience a compound annual growth rate (CAGR 2024-2029) of 6.94%.
As a result, the market volume is expected to reach INR US$6.81bn by 2029.
When compared to other countries worldwide, United States is projected to generate the highest revenue in the Gastroenterology market, with an estimated amount of INR US$60,480.00m in 2024.
India is experiencing a surge in demand for gastrointestinal treatments due to a rise in urbanization and changing dietary habits.

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.