Hospitals

The Hospitals market in Morocco is expected to experience significant growth in the coming years.
According to projections, the revenue in this market is projected to reach US$3.18bn Moroccan Dirhams by 2024.
Furthermore, it is anticipated that the revenue will continue to grow at an annual rate of 4.75% between 2024 and 2029, resulting in a market volume of US$4.01bn Moroccan Dirhams by 2029.
In comparison to other countries globally, United States is expected to generate the highest revenue in the Hospitals market, with an estimated revenue of US$1.50tn Moroccan Dirhams in 2024.
This indicates the significant size and importance of the Hospitals market United States.
When considering the revenue generated in relation to the total population, it is estimated that per person revenues of US$83.19 Moroccan Dirhams will be generated in 2024.
This metric provides insight into the economic impact of the Hospitals market on individuals in Morocco.
The hospital market in Morocco is experiencing a surge in investments in advanced medical technology and infrastructure.

Definition:
Hospitals are licensed facilities that provide a variety of medical and surgical services, some of which are also provided by other facilities. A distinguishing characteristic of hospitals is “inpatient care,” which refers to services where patients are admitted to a hospital to stay overnight for closer monitoring.

This market includes general hospitals, psychiatric hospitals, and specialist hospitals, which provide various services to patients, ranging from diagnostics, medical and surgical treatments, nursing and specialized accommodation to other medical services. Depending on the specific legal regulations, the medical services provided by hospitals can vary greatly from country to country. Long-term care facilities, ambulatory care providers, and medical retailers are excluded from this market.

Structure:
The Hospitals market is divided into three categories: Inpatient Care, Outpatient Care, and Other Hospital Services. Inpatient Care comprises all the medical and surgical services that are provided to patients who are admitted to a hospital for an overnight stay. Outpatient Care covers all medical and surgical services that are provided to patients without having to spend the night in a hospital. Other Hospital Services includes hospital services that are provided outside of a basic hospital setting, e.g., day-care, long-term care, and home-based care.

Additional information:
The shown KPIs include revenues, average revenue per capita, number of hospitals, density of hospitals, average revenue per hospital, number of hospital beds, density 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.

General hospitals, including community, county, and regional hospitals
Psychiatric hospitals
Specialist hospitals, such as maternity clinics and aesthetics clinics

Long-term care facilities
Ambulatory care providers, such as specialist practices and dental practices
Providers of ancillary medical services
Medical retailers and other providers of medical supplies

The healthcare sector in Morocco has been experiencing significant growth in recent years, with the hospitals market being a major contributor to this growth.

Customer preferences: Moroccan customers have been increasingly seeking high-quality healthcare services, which has led to a rise in demand for private hospitals. Patients are more willing to pay for quality healthcare services, and this has led to an increase in the number of private hospitals in the country. Additionally, the government has been investing heavily in the healthcare sector, which has led to the development of more public hospitals.

Trends in the market: The hospitals market in Morocco has been experiencing significant growth, with an increasing number of private hospitals being established in the country. This growth has been driven by factors such as rising demand for quality healthcare services, increasing investments in the healthcare sector, and the government's push to improve healthcare services in the country. Additionally, there has been a trend towards the adoption of new technologies in the healthcare sector, which has led to the development of more specialized hospitals that offer advanced treatments and procedures.

Local special circumstances: Morocco has a large population that is growing rapidly, and this has led to an increase in demand for healthcare services. Additionally, the country has a high burden of disease, with a significant number of people suffering from chronic conditions such as diabetes and cardiovascular disease. This has led to an increased demand for specialized healthcare services, which has driven the growth of the hospitals market in the country.

Underlying macroeconomic factors: Morocco's economy has been growing steadily in recent years, which has led to an increase in disposable income and an improvement in living standards. This has led to an increase in demand for quality healthcare services, which has driven the growth of the hospitals market in the country. Additionally, the government has been investing heavily in the healthcare sector, which has led to the development of more public hospitals and the improvement of healthcare services in the country. Overall, the hospitals market in Morocco is expected to continue experiencing significant growth in the coming years, driven by increasing demand for quality healthcare services and the government's push to improve healthcare services in the country.

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.

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.