Inpatient Care - Lesotho | Statista Market Forecast

Lesotho's Inpatient Care market is anticipated to witness a significant increase in revenue, with a projected value of US$33.67m in 2024.
This market is expected to display a steady annual growth rate (CAGR 2024-2029) of 3.20%, leading to a market volume of US$39.42m by 2029.
When comparing in Lesotho to other countries globally, it is worth noting that United States is expected to generate the highest revenue in this sector, reaching a substantial US$731.40bn in 2024.
Lesotho is experiencing a growing demand for inpatient care due to an aging population and increasing prevalence of 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

Lesotho, a small country in southern Africa, has been experiencing a gradual increase in demand for inpatient care services. This trend can be attributed to various factors, including customer preferences, local special circumstances, and underlying macroeconomic factors.

Customer preferences: In recent years, there has been an increasing demand for quality healthcare services in Lesotho. This can be attributed to the growing awareness among the population of the importance of maintaining good health. Additionally, the country's aging population has also contributed to the rise in demand for inpatient care services. As people age, they tend to require more medical attention, leading to an increase in demand for healthcare services.

Trends in the market: One of the notable trends in the inpatient care market in Lesotho is the growing demand for specialized medical services. Patients are increasingly seeking specialized care for their medical conditions, which has led to the growth of specialty hospitals and clinics in the country. Another trend is the increasing use of technology in the healthcare sector. Hospitals and clinics are adopting new technologies to improve patient care and enhance operational efficiency.

Local special circumstances: Lesotho is a country with a high burden of disease, including HIV/AIDS, tuberculosis, and other communicable diseases. This has put a strain on the country's healthcare system, leading to a need for more inpatient care services. Additionally, the country's mountainous terrain and remote rural areas present unique challenges in accessing healthcare services. As a result, there is a growing need for inpatient care facilities in these areas.

Underlying macroeconomic factors: Lesotho's economy has been growing steadily in recent years, which has led to an increase in disposable income among the population. This has resulted in a rise in demand for private healthcare services, including inpatient care. Additionally, the government has been investing in the healthcare sector, which has led to an improvement in the quality of healthcare services in the country. This has also contributed to the growth of the inpatient care market in Lesotho.In conclusion, the inpatient care market in Lesotho is experiencing a gradual increase in demand, driven by customer preferences, local special circumstances, and underlying macroeconomic factors. The market is expected to continue growing in the coming years, as the country's healthcare system continues to improve and the population's demand for quality healthcare services increases.

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.