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Other Hospital Services - APAC

APAC
  • The Other Hospital Services market in APAC is expected to witness significant growth in the coming years.
  • According to projections, the revenue in this market is estimated to reach US$251.40bn by 2024.
  • Furthermore, it is anticipated that the market will experience a steady annual growth rate of 1.41% between 2024 and 2028.
  • This growth is projected to result in a market volume of US$265.80bn by 2028.
  • When comparing the global market, it is worth noting that China is expected to generate the highest revenue in the Other Hospital Services market.
  • In 2024 alone, China is projected to generate approximately US$99.82bn in revenue.
  • In APAC, the Other Hospital Services market in Japan is experiencing a significant growth due to increasing demand for specialized medical treatments.

Definition:
Other Hospital Services refers to healthcare services that are provided outside of a basic hospital setting, e.g., day care, long-term care, and home-based care provided by hospitals. Day care services include planned medical and paramedical services provided to patients who have been formally admitted for diagnosis, treatment, and/or other types of health care but with the objective of discharging the patient on the same day. Long-term care provides ongoing medical and non-medical support to inpatients in long-stay hospital wards, including quadriplegic or end-of-life care or long-term care for patients suffering from mental disabilities and/or substance abuse. Home-based care provides medical services to patients in their homes, allowing them to receive treatment in a comfortable and familiar environment. These types of services aim to provide quality medical care to patients in alternative settings.

Additional information:
The Other Hospital Services market comprise revenues and average revenue per capita. 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.

In-Scope

  • Hospital day care
  • Hospital long term care
  • Hospital home-based care
  • Other medical goods and collective health services by hospitals

Out-Of-Scope

  • Services from long-term care facilities
  • Services from ambulatory care providers, such as specialist practices and dental practices
  • Services from medical retailers and other providers of medical supplies
Residential care in Europe - Cover

Statistics report on residential care in Europe

Residential care in Europe

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Aug 2023

    Source: Statista Market Insights

    Most recent update: Aug 2023

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Aug 2023

    Source: Statista Market Insights

    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.

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