Market Insights Health Hospitals Inpatient Care

Midwifery - United States

United States

The Midwifery market in the United States is expected to experience significant growth in the coming years.
By 2024, the projected revenue is estimated to reach a staggering US$34.04bn.
This impressive figure is indicative of the market's potential and its importance within the healthcare industry.
Furthermore, experts predict that the Midwifery market United States will continue to expand at an annual growth rate of 2.45% from 2024 to 2029.
This steady growth is projected to result in a market volume of approximately US$38.42bn by 2029.
When comparing the global Midwifery market, it is evident that United States holds a dominant position.
In fact, United States is expected to generate the highest revenue in the market, reaching US$34.04bn by 2024.
This highlights the country's significant contribution to the overall Midwifery market on a global scale.
In the United States, there is a growing trend towards home births and the use of certified nurse-midwives for prenatal and postnatal care.

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

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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.