Inpatient Care - Ireland | Statista Market Forecast

In Ireland, the Inpatient Care market is anticipated to witness a significant growth in the coming years.
According to projections, the revenue in this market is expected to reach US$7.76bn by 2024.
This growth is likely to continue at an annual growth rate of 3.06% (CAGR 2024-2029), leading to a market volume of US$9.03bn by 2029.
When comparing this to the global market, it is noteworthy that United States will generate the highest revenue in the Inpatient Care market sector.
In 2024, the revenue United States is projected to be US$731.40bn.
The demand for inpatient care in Ireland is steadily increasing due to the aging population and a rise in chronic diseases.

Definition:
Inpatient Care refers to medical and surgical services provided to patients who are admitted for overnight stays at hospitals. This market covers a wide range of services, such as diagnostics, medical treatments, and surgical treatments. It also includes facilities, nursing care, and other services that are necessary for the patient's recovery and well-being during their hospital stay. However, inpatient long-term care (LTC) for people with LTC needs is not included. Hospital inpatient care is a crucial component of the healthcare industry and is essential for providing high-quality and comprehensive medical care to patients.

Structure:
Inpatient Care covers Neoplasm Treatments, Treatments of Cardiovascular Diseases, Treatments of Musculoskeletal Diseases, Gastroenterology, Midwifery, and Other Inpatient Care. Other Inpatient Care provides information on additional areas that are not covered by the previously mentioned markets.

Additional information:
Inpatient Care comprises revenues, average revenue per capita, number of hospitals, average revenue per hospital, number of hospital beds, and average revenue per hospital bed. Market values represent revenues paid to hospitals by the respective healthcare payers (including VAT, if applicable). Reported market revenues include spending by consumers (B2C), enterprises (B2B), and governments (B2G). Revenues are allocated to the country where the money is spent.

Inpatient nursing care
Medical goods for inpatient treatments
Inpatient surgical treatments

Day care
Long-term care
Outpatient care
Home-based care

The healthcare industry in Ireland is one of the fastest-growing sectors, with significant investments in the past decade. Inpatient care is an integral part of the healthcare system in Ireland, with the number of hospitals and healthcare centers increasing over the years.

Customer preferences: Irish patients prefer to have access to quality healthcare services, which is a crucial factor in the development of the inpatient care market. Patients in Ireland also prefer to have personalized care, which has led to the development of specialized hospitals and clinics.

Trends in the market: The inpatient care market in Ireland has witnessed significant growth in recent years, primarily due to an increase in the aging population and the rise in chronic diseases. The demand for specialized care has also increased, leading to the development of specialized hospitals and clinics. The market has also witnessed the adoption of advanced technologies, such as electronic health records and telemedicine, to improve patient care.

Local special circumstances: The healthcare system in Ireland is primarily funded by the government, with private healthcare services available for those who can afford it. The government has made significant investments in the healthcare industry, which has led to the development of modern hospitals and healthcare centers. However, the healthcare system in Ireland faces challenges such as long waiting times and a shortage of healthcare professionals.

Underlying macroeconomic factors: The Irish economy has been growing steadily in recent years, with a focus on innovation and technology. This has led to the development of advanced healthcare technologies and the adoption of digital health solutions. The aging population and the rise in chronic diseases have also contributed to the growth of the inpatient care market in Ireland. The government's focus on improving healthcare infrastructure and services has also been a significant factor in the growth of the market. In conclusion, the inpatient care market in Ireland is developing rapidly, driven by an increase in the aging population, the rise in chronic diseases, and the adoption of advanced healthcare technologies. The government's focus on improving healthcare infrastructure and services has also been a significant factor in the growth of the market. However, the healthcare system in Ireland faces challenges such as long waiting times and a shortage of healthcare professionals, which need to be addressed to ensure the sustainability of the inpatient care market.

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.

This report presents a comprehensive analysis and additional information on the Health market, in a PDF format.

The healthcare landscape in the United States is a complicated one. There are federal health insurance plans for low-income individuals namely Medicaid and CHIP (Children’s health insurance program) and Medicare for seniors and the disabled. Aside from these, people must buy private health insurance or be left uninsured because the U.S. is the only high-income country without universal healthcare coverage. Hospitals in the U.S., therefore, receive payment from multiple payers. Most revenue generated by U.S. hospitals comes from private insurance, self, or other payments. The complexity of this multi-payer system is instrumental to the U.S. having the highest administrative health costs per capita among wealthy nations.