Inpatient Care - Malta

Malta

The Inpatient Care market in Malta is expected to reach a projected revenue of US$332.30m in 2024.
Furthermore, it is anticipated to witness an annual growth rate (CAGR 2024-2029) of 4.47%, leading to a market volume of US$413.50m by 2029.
In terms of global comparison, United States is expected to generate the highest revenue, amounting to US$731.40bn in 2024.
Malta's inpatient care market is experiencing a rise in medical tourism due to its advanced healthcare infrastructure and high-quality services.

Key regions: United States, Germany, Brazil, United Kingdom, Japan

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Analyst Opinion

Malta, a small island nation in the Mediterranean Sea, has seen a steady growth in its Inpatient Care market over the past few years.

Customer preferences: Malta's aging population has been a driving force behind the growth in the Inpatient Care market. With an increasing number of elderly citizens, the demand for long-term care facilities has risen. Additionally, medical tourism has played a role in the growth of the Inpatient Care market, with patients from other countries seeking medical treatment in Malta.

Trends in the market: One of the key trends in the Inpatient Care market in Malta is the shift towards home-based care. With the rising cost of hospitalization and an increasing demand for personalized care, many patients are opting for home-based care services. This has led to the growth of home care providers in the country. Another trend is the increasing use of technology in the Inpatient Care market. Hospitals and long-term care facilities are adopting new technologies to improve patient outcomes and reduce costs.

Local special circumstances: Malta's small size and limited resources have posed challenges for the Inpatient Care market. The country has a limited number of hospitals and long-term care facilities, which has led to a shortage of beds and medical staff. Additionally, the country's aging infrastructure has made it difficult to upgrade and expand existing facilities.

Underlying macroeconomic factors: Malta's strong economic growth and stable political climate have contributed to the growth of the Inpatient Care market. The government has also invested in healthcare infrastructure and introduced policies to support the growth of the sector. However, the country's small size and limited resources pose challenges for the long-term sustainability of the market.

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.