Market Insights Health Hospitals Inpatient Care

Gastroenterology - Laos

Laos

In Laos, the revenue in the Gastroenterology market is projected to reach US$10.59m in 2024.
This indicates a positive growth trend for the country's healthcare sector.
Furthermore, it is anticipated that the revenue will continue to increase at an annual growth rate (CAGR 2024-2029) of 2.58%.
Consequently, by 2029, the market volume is expected to reach US$12.03m.
These numbers demonstrate the potential for expansion and development within the Gastroenterology market sector in Laos.
When comparing the global market, it is worth noting that United States is projected to generate the highest revenue in the Gastroenterology market, amounting to US$60,480.00m in 2024.
This exemplifies the significant size and influence of the healthcare industry United States, highlighting its dominant position within the global market.
Laos is experiencing a growing demand for advanced endoscopic procedures in the field of gastroenterology.

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.