Inpatient Care - Spain | Statista Market Forecast

In Spain, the revenue in the Inpatient Care market is estimated to reach US$41.68bn in 2024.
It is expected to exhibit a compound annual growth rate (CAGR 2024-2029) of 2.88%, leading to a market volume of US$48.05bn by 2029.
When compared globally, United States is projected to generate the highest revenue in this market, amounting to US$731.40bn in 2024.
Spain's inpatient care market is experiencing a surge in demand due to an aging population and a high prevalence of chronic diseases.

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

Spain is a country that is known for its rich culture, history, and architecture. In recent years, the Inpatient Care market in Spain has been experiencing significant growth.

Customer preferences: The Inpatient Care market in Spain has seen a shift in customer preferences towards more personalized care. Patients are seeking out hospitals that offer specialized treatments and individualized attention. This trend is driven by a growing awareness of the importance of healthcare and an increased focus on patient satisfaction.

Trends in the market: One of the major trends in the Inpatient Care market in Spain is the increasing adoption of technology. Hospitals are investing in advanced medical equipment and digital healthcare solutions to improve patient outcomes and streamline operations. Another trend is the growing demand for private healthcare services, which offer shorter wait times and more personalized care.

Local special circumstances: Spain has a decentralized healthcare system, which means that each region is responsible for its own healthcare services. This has led to variations in the quality and availability of healthcare services across the country. Additionally, Spain has a rapidly aging population, which is driving demand for healthcare services.

Underlying macroeconomic factors: The Inpatient Care market in Spain is influenced by a number of macroeconomic factors. The country has been experiencing steady economic growth in recent years, which has led to increased spending on healthcare services. Additionally, the Spanish government has been investing in healthcare infrastructure and implementing policies to improve patient outcomes. However, the country is also facing challenges such as high unemployment rates and an aging population, which could impact the long-term sustainability of the healthcare system.

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.