Outpatient Care - Africa

  • Africa
  • In Africa, the revenue from the Outpatient Care market is estimated to reach US$11.08bn in 2024.
  • It is expected to exhibit an annual growth rate (CAGR 2024-2029) of 7.29%, leading to a market volume of US$15.75bn by 2029.
  • When compared globally, United States is projected to generate the highest revenue of US$744.80bn in 2024.
  • In Africa, there is a growing trend towards telemedicine, allowing patients to receive outpatient care remotely.

Key regions: United Kingdom, Japan, China, Brazil, Canada

 
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Analyst Opinion

As healthcare continues to be a critical aspect of development, the Outpatient Care market in Africa has been experiencing significant growth. The market has been expanding due to a growing demand for primary healthcare services and increasing investment in healthcare infrastructure.

Customer preferences:
African customers prefer affordable healthcare services that are easily accessible. With the rising cost of healthcare services, Outpatient Care has become the go-to option for many people seeking medical attention. Outpatient Care services are also preferred for their convenience and flexibility, allowing patients to receive treatment without disrupting their daily routines.

Trends in the market:
In Nigeria, the Outpatient Care market has been growing due to the increasing demand for primary healthcare services. The country has been experiencing a shortage of healthcare professionals, leading to a rise in the number of Outpatient Care facilities. In South Africa, the market has been expanding due to the growing demand for chronic disease management services. The country has a high prevalence of chronic diseases, such as diabetes and hypertension, which require regular medical attention.

Local special circumstances:
In Kenya, the Outpatient Care market has been growing due to the increasing adoption of technology. The country has been leveraging telemedicine and mobile health solutions to improve access to healthcare services in remote areas. In Egypt, the market has been expanding due to the growing demand for specialized Outpatient Care services, such as oncology and cardiology.

Underlying macroeconomic factors:
The Outpatient Care market in Africa has been driven by various macroeconomic factors, such as population growth, urbanization, and economic development. With the continent's population projected to reach 2.5 billion by 2050, the demand for healthcare services is expected to grow significantly. Urbanization has also led to an increase in lifestyle diseases, such as obesity and heart disease, driving the demand for Outpatient Care services. Economic development has led to an increase in healthcare spending, enabling the expansion of the Outpatient Care market.

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.

Overview

  • Revenue
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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