Market Insights Health Hospitals Inpatient Care

Gastroenterology - Nepal

Nepal

In Nepal, the Gastroenterology market is expected to witness a significant increase in revenue, reaching US$34.99m in 2024.
This projection indicates a positive growth trend for the industry.
Furthermore, it is anticipated that the market will continue to expand at an annual growth rate of 5.34%, as measured by the Compound Annual Growth Rate (CAGR) from 2024 to 2029.
As a result, the market volume is predicted to reach US$45.38m by 2029.
When considering the global landscape, it is noteworthy that United States is expected to generate the highest revenue in the Gastroenterology market, with an estimated value of US$60,480.00m in 2024.
This demonstrates the dominant position of the United States in this particular market.
In Nepal, there is a growing trend of incorporating traditional Ayurvedic medicine into gastroenterology treatments.

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.