Midwifery - Colombia

  • Colombia
  • Colombia's Midwifery market is projected to achieve a revenue of US$269.50m by the year 2024.
  • This revenue is expected to exhibit an annual growth rate (CAGR 2024-2029) of 3.96%, ultimately leading to a market volume of US$327.30m by 2029.
  • When compared globally, United States is anticipated to generate the highest revenue of US$34,040.00m in 2024.
  • Colombia is experiencing a rise in demand for midwifery services due to a growing emphasis on natural childbirth.

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

Market
Region
Region comparison
Currency

Revenue

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Notes: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war.

Most recent update: Apr 2024

Source: Statista Market Insights

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Most recent update: Apr 2024

Source: Statista Market Insights

Health

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Pregnancy in the United States - Background Pregnancy in the United States - Cover

Global Comparison

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Most recent update: Apr 2024

Source: Statista Market Insights

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.

Key Market Indicators

The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models.

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