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  4. Inpatient Care

Other Inpatient Care - Iceland

Iceland
  • The Other Inpatient Care market in Iceland is expected to experience substantial growth in the coming years.
  • According to projections, the revenue in this sector is estimated to reach US$409.90m in 2024.
  • Furthermore, it is anticipated that the market will continue to expand with an annual growth rate (CAGR 2024-2029) of 5.37%.
  • This growth trajectory is expected to result in a market volume of US$532.50m by 2029.
  • When compared to the global market, it is noteworthy that United States will generate the highest revenue in 2024, amounting to an impressive US$349.40bn.
  • This highlights the significant contribution of the United States to the overall revenue generated in the Other Inpatient Care market.
  • The demand for other inpatient care services in Iceland has seen a significant increase due to the country's aging population and expanding healthcare infrastructure.

Definition:
Other Inpatient Care refers to services that are not specifically mentioned in Inpatient Care, such as the inpatient services for infectious and parasitic diseases, endocrine, nutritional, and metabolic diseases, as well as mental and behavioral disorders, diseases of the nervous system, diseases of the respiratory system, diseases of the skin and subcutaneous tissue, diseases of the genitourinary system, certain conditions originating in the perinatal period, injury, poisoning, and conditions caused by external factors.

Additional information:
The Other Inpatient Care market comprises revenues and average revenue per capita. 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.

In-Scope

  • Inpatient care for infectious and parasitic diseases
  • Inpatient care for endocrine, nutritional, and metabolic diseases
  • Inpatient care for mental and behavioral disorders
  • Inpatient care for diseases of the nervous system
  • Inpatient care for diseases of the respiratory system

Out-Of-Scope

  • Hospital day care
  • Hospital long-term care
  • Hospital outpatient care
  • Hospital home-based care

Revenue

Notes: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war.

Most recent update: Apr 2024

Source: Statista Market Insights

Most recent update: Apr 2024

Source: Statista Market Insights

Global Comparison

Most recent update: Apr 2024

Source: Statista Market Insights

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.

Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Sep 2024

Source: Statista Market Insights

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