Inpatient Care - Mauritius

Mauritius

The Inpatient Care market in Mauritius is expected to experience significant growth in the coming years.
By 2024, the revenue in this sector is projected to reach a substantial amount of US$308.90m.
This represents a promising opportunity for the healthcare industry in the country.
Furthermore, it is anticipated that the revenue will continue to grow at an annual rate of 5.40% between 2024 and 2029.
This consistent growth is expected to result in a market volume of US$401.90m by 2029.
These numbers highlight the potential for expansion and development within the Inpatient Care market in Mauritius.
When considering the global landscape, it is noteworthy that in the United States is expected to generate the highest revenue in this market segment.
In 2024, the revenue in the United States is projected to reach a staggering US$731.40bn.
This serves as a benchmark for the rest of the world, and demonstrates the size and importance of the Inpatient Care market on a global scale.
The demand for private inpatient care facilities in Mauritius has been steadily increasing due to the rising income levels and growing health consciousness among the population.

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

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Analyst Opinion

The Inpatient Care market in Mauritius is experiencing significant growth in recent years, driven by various factors that are shaping the healthcare industry in the country.

Customer preferences: Mauritius has a rapidly aging population, which is driving demand for inpatient care services. Additionally, the country has a high prevalence of chronic diseases such as diabetes, hypertension, and heart disease, which require ongoing medical attention and hospitalization. Patients in Mauritius also prefer private healthcare facilities due to the perceived higher quality of care and shorter waiting times compared to public hospitals.

Trends in the market: One of the key trends in the Inpatient Care market in Mauritius is the increasing adoption of technology to improve patient outcomes and reduce costs. Hospitals in the country are investing in electronic medical records, telemedicine, and other digital solutions to streamline operations and improve the patient experience. Another trend is the growing demand for specialized healthcare services, such as oncology, cardiology, and neurology, which require advanced medical equipment and highly trained staff.

Local special circumstances: Mauritius is a popular medical tourism destination, attracting patients from neighboring countries such as Madagascar, Comoros, and Seychelles. The country's strategic location, world-class healthcare facilities, and affordable prices make it an attractive option for patients seeking high-quality medical care. Additionally, the government of Mauritius has implemented various policies to promote the development of the healthcare industry, including tax incentives for healthcare providers and investments in medical education and research.

Underlying macroeconomic factors: The Inpatient Care market in Mauritius is also influenced by broader macroeconomic factors such as population growth, urbanization, and economic development. As the country's population continues to grow and become more urbanized, there will be increased demand for healthcare services, including inpatient care. Economic development is also driving demand for private healthcare services, as more people are able to afford higher-quality medical care. However, the Inpatient Care market in Mauritius is also facing challenges such as rising healthcare costs, shortages of skilled healthcare professionals, and an aging healthcare infrastructure, which may limit its growth potential in the long term.

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.