Outpatient Care - Belarus

Belarus

In Belarus, the Outpatient Care market is anticipated to witness a significant revenue increase, reaching US$304.20m by the year 2024.
Furthermore, it is projected to display a steady annual growth rate (CAGR 2024-2029) of 4.91%, ultimately leading to a market volume of US$386.50m by 2029.
When compared on a global scale, United States is expected to generate the highest revenue, amounting to US$744.80bn in 2024.
The Outpatient Care market in Belarus is experiencing a surge in demand due to the country's aging population and increasing prevalence of chronic diseases.

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

Market

Region

Region comparison

Currency

Analyst Opinion

Belarus, a country located in Eastern Europe, has seen a rise in the Outpatient Care market in recent years. This market refers to medical services that do not require an overnight stay in a hospital.

Customer preferences: Belarusians have shown a preference for Outpatient Care due to its convenience and cost-effectiveness. Patients are able to receive medical attention without disrupting their daily routines, and the fees for Outpatient Care are often lower than those for inpatient care.

Trends in the market: One trend in the Outpatient Care market in Belarus is the increase in the number of private clinics. These clinics offer a wider range of services than public clinics and are often more accessible to patients. Additionally, there has been a shift towards preventive care, with more emphasis being placed on regular check-ups and screenings.

Local special circumstances: Belarus has a well-developed healthcare system, with a high number of medical professionals per capita. However, the system is largely state-funded and has been affected by economic difficulties in recent years. As a result, there has been a rise in private healthcare providers, particularly in urban areas.

Underlying macroeconomic factors: Belarus has experienced economic difficulties in recent years, with a decline in GDP and high inflation rates. This has led to a reduction in state funding for healthcare, which has in turn created opportunities for private healthcare providers. Additionally, the aging population in Belarus has led to an increase in demand for medical services, particularly for chronic conditions such as diabetes and hypertension. In conclusion, the Outpatient Care market in Belarus has seen a rise in private clinics and a shift towards preventive care due to customer preferences for convenience and cost-effectiveness. The local special circumstance of a largely state-funded healthcare system has created opportunities for private healthcare providers, while the underlying macroeconomic factors of economic difficulties and an aging population have contributed to the demand for medical services.

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.