Market Insights Health Hospitals Inpatient Care

Midwifery - Burkina Faso

Burkina Faso

In Burkina Faso, the Midwifery market is expected to see a significant increase in revenue.
By 2024, the projected revenue is estimated to reach US$18.42m.
This indicates a promising growth potential for the Midwifery market in the country.
Looking ahead, the market is anticipated to maintain a steady growth rate.
With a compound annual growth rate (CAGR 2024-2029) of 5.53%, the market volume is predicted to reach US$24.11m by 2029.
This highlights the continuous expansion and development of the Midwifery market in Burkina Faso.
It's worth noting that when compared globally, United States leads in terms of revenue generation.
In 2024 alone, United States is expected to generate a staggering US$34,040.00m in revenue in the Midwifery market.
This demonstrates the significant market size and economic impact of the United States in the Midwifery market industry.
The demand for midwifery services in Burkina Faso is increasing due to the country's high birth rate and need for skilled maternal healthcare providers.

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

Market

Region

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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.