Hospitals - Malawi

  • Malawi
  • The Hospitals market in Malawi is expected to generate a revenue of US$305.60m in 2024.
  • It is projected to experience an annual growth rate (CAGR 2024-2029) of 4.03%, leading to a market volume of US$372.40m by 2029.
  • When compared globally, United States is anticipated to generate the highest revenue, reaching US$1,501.00bn in 2024.
  • In terms of per capita, the revenue generated per person in Malawi is estimated to be US$14.23 in 2024.
  • Malawi has seen an increase in the adoption of telemedicine technology in hospitals, enabling remote medical consultations and improving access to healthcare services in rural areas.

Key regions: United States, China, Germany, Japan, Europe

 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

Malawi, a landlocked country in southeastern Africa, is experiencing a significant shift in its healthcare industry.

Customer preferences:
The Malawian population has shown a growing preference for private healthcare services over public ones. This trend is driven by the perception that private healthcare facilities offer better quality services and shorter waiting times.

Trends in the market:
The Hospitals market in Malawi is experiencing a surge in demand for specialized medical services such as cancer treatment, cardiology, and neurology. This trend is driven by an increase in non-communicable diseases and an aging population. The private sector is leading the way in the provision of specialized medical services, as public hospitals lack the necessary resources and expertise.

Local special circumstances:
The government of Malawi has introduced policies aimed at improving the healthcare sector, such as the introduction of a National Health Insurance Scheme. However, the public healthcare system is still underfunded and understaffed, which has led to a reliance on the private sector.

Underlying macroeconomic factors:
Malawi's economy is heavily reliant on agriculture, which accounts for over 80% of the country's employment. The country's GDP growth has been slow, averaging around 3% per year. This slow economic growth has limited the government's ability to invest in the healthcare sector, leading to a reliance on private investment. In conclusion, the Hospitals market in Malawi is experiencing a shift towards private healthcare services, driven by a growing preference for better quality services and shorter waiting times. The demand for specialized medical services is also on the rise, with the private sector leading the way in their provision. The government has introduced policies to improve the healthcare sector, but the public healthcare system remains underfunded and understaffed. The slow economic growth in Malawi has limited the government's ability to invest in the healthcare sector, leading to a reliance on private investment.

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 forecasting 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.

Overview

  • Revenue
  • Analyst Opinion
  • Hospitals
  • Hospital beds
  • Global Comparison
  • Methodology
  • Key Market Indicators
Please wait

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Ayana Mizuno
Ayana Mizuno
Junior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)