Market Insights Health Hospitals Inpatient Care

Midwifery - Africa

Africa

In Africa, the Midwifery market is anticipated to generate a revenue of US$2.00bn in 2024.
Looking ahead, the market is expected to exhibit a compound annual growth rate (CAGR) of 5.95% from 2024 to 2029, reaching a market volume of US$2.67bn.
It is worth noting that United States will account for the highest revenue in the global comparison, with a projected revenue of US$34,040.00m in 2024.
In Nigeria, there is a growing trend of midwives embracing evidence-based practices and integrating traditional birth attendants into the healthcare system.

Key regions: France, Europe, Japan, Germany, United Kingdom

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.