Market Insights Health Hospitals Inpatient Care

Other Inpatient Care - Western Asia

Western Asia

The Other Inpatient Care market in Western Asia is set to achieve a remarkable revenue milestone, with projections indicating that it will reach a staggering US$22.31bn by the year 2024.
This promising growth trajectory is expected to continue with an annual growth rate of 4.48% between 2024 and 2029, ultimately culminating in a market volume of US$27.77bn by 2029.
When examining the global landscape, it becomes evident that United States will dominate this market, generating a substantial revenue of US$349.40bn in 2024.
This further underscores the prominence of the United States as a key player in the global healthcare industry.
In Western Asia, the demand for other inpatient care services is surging due to the increasing aging population and the growing prevalence of chronic diseases.

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.