Market Insights Health Hospitals Inpatient Care

Other Inpatient Care - Cuba

Cuba

The Other Inpatient Care market in Cuba is expected to witness significant growth in the coming years.
By 2024, the revenue in this market is projected to reach US$1.58bn.
Looking ahead, a steady annual growth rate of 3.76% (CAGR 2024-2029) is expected, which will lead to a market volume of US$1.90bn by 2029.
In terms of global comparison, it is worth noting that United States will dominate this market, generating a substantial revenue of US$349.40bn in 2024.
Cuba's Other Inpatient Care market is thriving due to its well-established healthcare system and focus on medical tourism.

Key regions: United States, China, India, Japan, Canada

Market

Region

Region comparison

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.