Inpatient Care - Zambia

Zambia

The Inpatient Care market in Zambia is expected to see a significant increase in revenue, reaching US$242.50m by the year 2024.
This projection indicates a positive growth rate for the industry.
The market is anticipated to continue expanding at an annual growth rate of 6.96%, resulting in a market volume of US$339.50m by 2029.
When compared to other countries around Worldwide, United States is projected to generate the highest revenue in the Inpatient Care market, with an estimated amount of US$731.40bn in 2024.
In Zambia, there is a growing trend towards investment in modern and well-equipped inpatient care facilities to meet the increasing demand for quality healthcare services.

Key regions: United States, Germany, Brazil, United Kingdom, Japan

Market

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Analyst Opinion

The healthcare industry in Zambia has been developing steadily over the past few years. Inpatient care is an important part of the healthcare system in Zambia, providing medical care to patients who require hospitalization for treatment.

Customer preferences: Zambian patients prefer inpatient care due to the advanced medical facilities and round-the-clock care that they receive in hospitals. Inpatient care facilities are also preferred by patients who require specialized care or surgery. Patients in Zambia tend to choose public hospitals over private hospitals due to the lower cost of treatment.

Trends in the market: The inpatient care market in Zambia has been growing due to the increasing demand for healthcare services. The government has been working towards improving the healthcare infrastructure in the country, which has led to the establishment of new hospitals and clinics. The demand for inpatient care has also been driven by the rising incidence of chronic diseases such as diabetes, hypertension, and cancer.

Local special circumstances: Zambia has a high burden of infectious diseases such as HIV/AIDS, malaria, and tuberculosis. This has put a strain on the healthcare system, with many patients requiring hospitalization for treatment. The government has been working towards improving the management of infectious diseases, which has led to an increase in the demand for inpatient care.

Underlying macroeconomic factors: Zambia has a growing population and an increasing middle class, which has led to a rise in the demand for healthcare services. The government has been investing in the healthcare sector, which has led to an increase in the number of hospitals and clinics in the country. The rise in the demand for inpatient care has also been driven by the increasing burden of non-communicable diseases. However, the healthcare system in Zambia still faces challenges such as inadequate funding, shortage of healthcare workers, and poor infrastructure.

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.