Other Hospital Services - GCC
GCC- The market Other Hospital Services market in the GCC is expected to witness significant growth in the coming years.
- By 2024, revenue in this market is projected to reach US$4.29bn.
- Looking ahead, the market is expected to show a steady annual growth rate (CAGR 2024-2029) of 0.96%.
- This growth trajectory is anticipated to result in a market volume of US$4.50bn by 2029.
- When compared to other countries globally, 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 a revenue of US$99.82bn.
- This highlights the significant market potential China and underscores its leading position in this market.
- The demand for specialized outpatient services, such as home healthcare and diagnostic imaging, is rapidly growing in the GCC countries.
- Key regions:
- Germany,
- United States,
- China,
- France,
- Brazil
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
