Market Insights Health Hospitals Inpatient Care

Gastroenterology - Lebanon

Lebanon

The Gastroenterology market in Lebanon is expected to witness a significant increase in revenue, reaching an estimated value of US$90.21m by 2024.
This projection indicates a promising future for the Gastroenterology market sector in the country.
Furthermore, it is anticipated that the revenue in the Gastroenterology market will continue to grow at an impressive annual rate of -2.67% from 2024 to 2029.
This substantial growth is expected to result in a market volume of approximately US$78.81m by the end of 2029.
These figures highlight the potential for substantial expansion and development within the Gastroenterology market industry in Lebanon.
When considering the global landscape, it is worth noting that in the United States is projected to generate the highest revenue in the Gastroenterology market.
In 2024 alone, in the United States is expected to contribute US$60,480.00m to the overall revenue.
This showcases the dominance of the United States in this particular market segment, both domestically and on a global scale.
Lebanon's gastroenterology market is witnessing an increasing demand for advanced endoscopic procedures due to a growing prevalence of gastrointestinal diseases.

Key regions: Brazil, China, Europe, United Kingdom, Canada

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.