Outpatient Care - Bahrain

Bahrain

The Outpatient Care market in Bahrain is expected to witness significant growth in the coming years.
According to projections, the revenue is set to reach US$200.50m in 2024.
Furthermore, the market is anticipated to display a steady annual growth rate (CAGR 2024-2029) of 5.86%, leading to a market volume of US$266.60m by 2029.
When compared globally, it is worth noting that in the United States is expected to generate the highest revenue in the Outpatient Care market sector, with an estimated value of US$744.80bn in 2024.
This showcases the dominance of the US market in this particular segment.
Bahrain's outpatient care market is growing rapidly, driven by the government's efforts to improve healthcare infrastructure and attract international medical tourists.

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

Market

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Currency

Analyst Opinion

Bahrain, a small island country in the Middle East, has been experiencing significant growth in its healthcare sector in recent years. The Outpatient Care market in Bahrain has been no exception to this trend, with several factors driving its development.

Customer preferences: Patients in Bahrain have shown a growing preference for outpatient care due to its convenience and cost-effectiveness. Outpatient care allows patients to receive medical treatment without the need for hospitalization, reducing the overall cost of healthcare. Additionally, outpatient care facilities are often located closer to patients' homes, making it easier for them to access medical treatment.

Trends in the market: One of the key trends in the Outpatient Care market in Bahrain is the increasing adoption of technology. Many outpatient care facilities in Bahrain are incorporating digital health solutions such as telemedicine and electronic health records to improve patient care and streamline operations. This trend is likely to continue as the government continues to invest in healthcare technology.Another trend in the Outpatient Care market in Bahrain is the growing popularity of specialized outpatient clinics. These clinics offer specialized medical services such as dermatology, ophthalmology, and orthopedics, among others. These clinics provide patients with access to specialized care without the need for hospitalization.

Local special circumstances: Bahrain's healthcare sector is heavily influenced by the country's demographics. The population of Bahrain is relatively young, with a median age of just 32 years. This has led to an increased demand for outpatient care services, as younger patients are more likely to seek medical treatment for minor ailments and injuries.Additionally, Bahrain has a high prevalence of chronic diseases such as diabetes and hypertension. Outpatient care facilities play a crucial role in managing these conditions, providing patients with regular check-ups and treatments to prevent complications.

Underlying macroeconomic factors: Bahrain's government has been actively investing in the healthcare sector in recent years. The government's National Health Strategy 2019-2022 aims to improve the quality of healthcare services and increase access to healthcare for all citizens. This has led to increased investment in healthcare infrastructure and technology, including outpatient care facilities.Furthermore, Bahrain's economy has been growing steadily in recent years, with a focus on diversification away from oil. This has led to increased job opportunities and higher incomes, which in turn has led to increased demand for healthcare services, including outpatient care.In conclusion, the Outpatient Care market in Bahrain is developing rapidly due to several factors, including customer preferences for convenience and cost-effectiveness, the adoption of technology, the prevalence of chronic diseases, and government investment in healthcare infrastructure and technology. As Bahrain's economy continues to grow and its population continues to age, the demand for outpatient care is likely to continue to increase.

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.