Other Hospital Services - Southern Africa

Southern Africa

In Southern Africa, the Other Hospital Services market is anticipated to witness a remarkable growth trajectory.
According to projections, the revenue in this market is expected to reach a staggering US$0.92bn by the year 2024.
Looking ahead, it is estimated that the market will continue to expand at an annual growth rate (CAGR 2024-2029) of 1.27%, resulting in a substantial market volume of US$0.98bn by 2029.
When compared globally, it is noteworthy that China is poised to generate the highest revenue in the Other Hospital Services market.
In 2024 alone, China is projected to reach an impressive revenue figure of US$99,820.00m.
This showcases the immense potential and significance of the market in the country.
The demand for specialized medical tourism services is increasing in Southern Africa due to its advanced healthcare infrastructure and affordable prices.

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.