Inpatient Care - Morocco | Statista Market Forecast

The Inpatient Care market in Morocco is expected to witness significant growth in the coming years.
Revenue in this market is projected to reach US$2.47bn in 2024.
Furthermore, it is anticipated that the market will experience a steady annual growth rate of 4.10% from 2024 to 2029.
As a result, the market volume is estimated to reach US$3.02bn by 2029.
When compared to other countries worldwide, United States is expected to generate the highest revenue in the Inpatient Care market, reaching a staggering US$731.40bn in 2024.
In Morocco, the inpatient care market is experiencing a growing demand for specialized medical services and state-of-the-art facilities.

Definition:
Inpatient Care refers to medical and surgical services provided to patients who are admitted for overnight stays at hospitals. This market covers a wide range of services, such as diagnostics, medical treatments, and surgical treatments. It also includes facilities, nursing care, and other services that are necessary for the patient's recovery and well-being during their hospital stay. However, inpatient long-term care (LTC) for people with LTC needs is not included. Hospital inpatient care is a crucial component of the healthcare industry and is essential for providing high-quality and comprehensive medical care to patients.

Structure:
Inpatient Care covers Neoplasm Treatments, Treatments of Cardiovascular Diseases, Treatments of Musculoskeletal Diseases, Gastroenterology, Midwifery, and Other Inpatient Care. Other Inpatient Care provides information on additional areas that are not covered by the previously mentioned markets.

Additional information:
Inpatient Care comprises revenues, average revenue per capita, number of hospitals, average revenue per hospital, number of hospital beds, and average revenue per hospital bed. Market values represent revenues paid to hospitals by the respective healthcare payers (including VAT, if applicable). Reported market revenues include spending by consumers (B2C), enterprises (B2B), and governments (B2G). Revenues are allocated to the country where the money is spent.

Inpatient nursing care
Medical goods for inpatient treatments
Inpatient surgical treatments

Day care
Long-term care
Outpatient care
Home-based care

Morocco, a country known for its vibrant culture and stunning architecture, is also seeing a significant development in its Inpatient Care market.

Customer preferences: Moroccan customers are placing a higher value on quality healthcare services, especially in the inpatient care sector. With an aging population and an increase in chronic diseases, there is a growing demand for hospitals and clinics that can provide specialized care. Patients are seeking out facilities that offer advanced medical equipment and highly trained healthcare professionals. Additionally, the rise of medical tourism in Morocco has contributed to the growth of the inpatient care market, as more patients from other countries are seeking out medical treatment in the country.

Trends in the market: One of the significant trends in the inpatient care market in Morocco is the focus on developing specialized hospitals and clinics. These facilities cater to patients with specific medical needs, such as cancer treatment, cardiology, and neurology. Additionally, there is a growing trend towards private hospital ownership, as investors see the potential for high returns in the healthcare sector. Another trend is the increased adoption of technology in healthcare, such as telemedicine and electronic health records, which is improving patient outcomes and increasing efficiency in the sector.

Local special circumstances: Morocco's healthcare system is undergoing significant reforms, with a focus on improving access to healthcare services and increasing the quality of care. The country has launched several initiatives to improve the infrastructure of the healthcare sector, such as building new hospitals and clinics and upgrading existing facilities. Additionally, the government has implemented several policies to encourage private sector investment in the healthcare sector, which has led to increased competition and improved services.

Underlying macroeconomic factors: Morocco's economy has been growing steadily over the past few years, with a focus on diversifying the economy and attracting foreign investment. The healthcare sector is seen as a key area for investment, as the government seeks to improve the quality of care and increase access to healthcare services. Additionally, Morocco's location and cultural heritage make it an attractive destination for medical tourism, which is driving growth in the inpatient care market.

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.

This report presents a comprehensive analysis and additional information on the Health market, in a PDF format.

The healthcare landscape in the United States is a complicated one. There are federal health insurance plans for low-income individuals namely Medicaid and CHIP (Children’s health insurance program) and Medicare for seniors and the disabled. Aside from these, people must buy private health insurance or be left uninsured because the U.S. is the only high-income country without universal healthcare coverage. Hospitals in the U.S., therefore, receive payment from multiple payers. Most revenue generated by U.S. hospitals comes from private insurance, self, or other payments. The complexity of this multi-payer system is instrumental to the U.S. having the highest administrative health costs per capita among wealthy nations.