Outpatient Care - Angola

  • Angola
  • The Outpatient Care market in Angola is anticipated to achieve a revenue of US$0.32bn by 2024.
  • It is expected to exhibit a compound annual growth rate (CAGR 2024-2029) of 3.50%, leading to a market volume of US$0.38bn by 2029.
  • When compared globally, United States is projected to generate the highest revenue of US$744.80bn in 2024.
  • The outpatient care market in Angola is experiencing a surge in private healthcare facilities to meet the growing demand for accessible and quality healthcare services.

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

 
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Analyst Opinion

The Outpatient Care market in Angola has been rapidly developing in recent years, driven by a number of factors that have led to an increase in demand for healthcare services.

Customer preferences:
Angolan customers have shown a growing preference for outpatient care services due to its convenience and cost-effectiveness. Outpatient care allows patients to receive medical attention without having to be admitted to a hospital, which is often more expensive and time-consuming. In addition, many patients prefer to receive care in a familiar environment, such as their own homes or local clinics.

Trends in the market:
One of the main trends in the Outpatient Care market in Angola is the increasing adoption of telemedicine services. Telemedicine allows patients to receive medical consultations and treatment remotely, which is especially useful for those living in remote or rural areas. This trend is expected to continue to grow in the coming years, as more patients become familiar with the technology and more healthcare providers offer telemedicine services.Another trend in the market is the growing demand for specialized outpatient care services, such as oncology and cardiology clinics. As the Angolan population ages and becomes more affluent, there is a greater demand for specialized medical services that can address specific health concerns.

Local special circumstances:
Angola has a relatively underdeveloped healthcare system, which has led to a shortage of healthcare professionals and facilities. As a result, many patients have limited access to healthcare services, particularly in rural areas. The government has recognized this issue and has been working to improve the healthcare system by investing in infrastructure and training healthcare professionals.

Underlying macroeconomic factors:
Angola is one of the fastest-growing economies in Africa, with a rapidly expanding middle class. This has led to an increase in demand for healthcare services, as more people are able to afford medical treatment. In addition, the government has been investing heavily in infrastructure and healthcare, which has helped to drive the growth of the Outpatient Care market. Overall, the Outpatient Care market in Angola is expected to continue to grow in the coming years, driven by increasing demand for healthcare services, the adoption of new technologies, and government investment in healthcare infrastructure.

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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