Market Insights Health Hospitals Inpatient Care

Treatment of Musculoskeletal Diseases - Bhutan

Bhutan

The Treatment of Musculoskeletal Diseases market in Bhutan is projected to witness a significant revenue growth.
By 2024, the revenue is expected to reach US$1.94m Bhutanese Ngultrum.
The market is also expected to exhibit a steady annual growth rate (CAGR 2024-2029) of 3.28%, leading to a market volume of US$2.28m Bhutanese Ngultrum by 2029.
When compared globally, United States is forecasted to generate the highest revenue in this market, amounting to US$60,790.00m Bhutanese Ngultrum in 2024.
Bhutan is witnessing an increase in the adoption of traditional healing practices for the treatment of musculoskeletal diseases.

Key regions: Europe, Canada, United States, Germany, India

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.