Market Insights Health Hospitals Inpatient Care

Gastroenterology - Western Asia

Western Asia

The Gastroenterology market in Western Asia is anticipated to witness a significant surge in revenue, with projections indicating a figure of US$6.18bn by the year 2024.
This growth is expected to continue at a steady pace, with an estimated annual growth rate (CAGR 2024-2029) of 2.08%.
As a result, the market volume is projected to reach US$6.85bn by 2029.
When considering global comparisons, it is noteworthy that United States is anticipated to generate the highest revenue in the Gastroenterology market, amounting to US$60,480.00m by the year 2024.
In Western Asia, there is a growing trend towards the adoption of advanced endoscopic techniques 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.