Market Insights Health Hospitals Inpatient Care

Gastroenterology - North America

North America

The Gastroenterology market in North America is estimated to reach a staggering revenue of US$66.98bn by 2024.
It is projected to experience a steady growth rate of 1.74% annually from 2024 to 2029, resulting in a market volume of US$73.02bn by 2029.
When compared to the global market, in the United States is expected to dominate with the highest revenue of US$60,480.00m in 2024.
In North America, there is a growing trend in the Gastroenterology market towards the use of telemedicine for remote patient consultations and monitoring.

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.