Other Hospital Services - Namibia

Namibia

In Namibia, the revenue generated in the Other Hospital Services market is estimated to reach US$72.41m in 2024.
Looking ahead, this market is expected to experience a steady annual growth rate (CAGR 2024-2029) of 0.09%, which would lead to a market volume of US$72.73m by 2029.
It is worth noting that, in a global context, China is projected to generate the highest revenue in this sector, reaching a staggering US$99,820.00m in 2024.
Namibia's Other Hospital Services market is experiencing a surge in demand due to the country's growing medical tourism industry.

Key regions: Germany, United States, China, France, Brazil

Market

Region

Region comparison

Currency

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.