Inpatient Care - Northern Africa

Northern Africa

The Inpatient Care market in Northern Africa is anticipated to witness significant growth in the coming years.
According to projections, the revenue in this market is expected to reach US$11.20bn by 2024.
Moreover, it is projected to exhibit a steady annual growth rate of 5.62% from 2024 to 2029, leading to a market volume of US$14.72bn by the end of 2029.
When compared globally, in the United States is expected to generate the highest revenue in the Inpatient Care market.
In 2024, the revenue generated in the United States is estimated to be US$731.40bn.
Inpatient care in Northern Africa is undergoing a transformation with an increasing focus on modernization and technological advancements.

Key regions: India, Canada, Japan, United Kingdom, Germany

Market

Region

Region comparison

Currency

Analyst Opinion

The Inpatient Care market in Northern Africa has been experiencing significant changes in recent years.

Customer preferences: Patients in Northern Africa are increasingly seeking quality healthcare services, which has led to a rise in demand for inpatient care facilities. Additionally, the aging population has contributed to an increase in demand for healthcare services, including inpatient care.

Trends in the market: One of the trends in the Inpatient Care market in Northern Africa is the increasing investment in healthcare infrastructure. Governments in the region are investing heavily in healthcare facilities to meet the growing demand for healthcare services. This has led to the construction of new hospitals and the expansion of existing facilities.Another trend is the adoption of technology in healthcare. Inpatient care facilities in Northern Africa are increasingly adopting technology to improve patient care and optimize operations. For instance, electronic health records are being used to store patient information, which makes it easier for healthcare providers to access patient information and provide better care.

Local special circumstances: The Inpatient Care market in Northern Africa is unique in that it is heavily influenced by the political and economic environment. For instance, political instability in some countries has led to a decline in foreign investment, which has affected the healthcare sector. Additionally, the lack of skilled healthcare professionals in the region has led to an increase in the cost of healthcare services.

Underlying macroeconomic factors: The Inpatient Care market in Northern Africa is also influenced by macroeconomic factors such as GDP growth and inflation rates. For instance, a decline in GDP growth can lead to a decrease in healthcare spending, which can affect the Inpatient Care market. Similarly, high inflation rates can lead to an increase in the cost of healthcare services, which can affect demand for inpatient care.

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.