Market Insights Health Hospitals Inpatient Care

Midwifery - Hong Kong

Hong Kong

In Hong Kong, the Midwifery market is anticipated to witness a significant growth in revenue, with projections indicating a substantial increase to reach US$0.33bn in 2024.
Moreover, the market is expected to demonstrate a steady annual growth rate (CAGR 2024-2029) of 3.92%, ultimately leading to a market volume of US$0.40bn by 2029.
When compared on a global scale, it is noteworthy that United States is expected to generate the highest revenue in this market, with an estimated amount of US$34,040.00m in 2024.
The demand for midwifery services in Hong Kong has been steadily increasing due to the country's growing emphasis on holistic and personalized maternity care.

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.