Outpatient Care - CIS

The Outpatient Care market in the CIS is expected to generate a revenue of US$7.54bn by 2024.
This projection indicates a steady annual growth rate (CAGR 2024-2029) of 5.45%, leading to a market volume of US$9.83bn by 2029.
In comparison to other countries, in the United States is anticipated to generate the highest revenue, reaching US$744.80bn in 2024.
The outpatient care market in the CIS countries is experiencing rapid growth due to increasing demand for accessible and affordable healthcare services.

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

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Analyst Opinion

The Outpatient Care market in CIS is experiencing significant growth due to various factors.

Customer preferences: Customers in CIS are increasingly looking for affordable and accessible healthcare services. Outpatient care provides a convenient and cost-effective alternative to traditional hospital care. Patients prefer outpatient care for minor procedures and routine check-ups, as it allows them to receive treatment without disrupting their daily routines.

Trends in the market: One of the major trends in the Outpatient Care market in CIS is the increasing number of private clinics. Private clinics are growing in popularity as they offer high-quality services and shorter wait times compared to public hospitals. Additionally, telemedicine is becoming more prevalent in CIS, allowing patients to receive medical advice and treatment remotely. This trend is expected to continue as technology improves and the demand for convenient healthcare services increases.

Local special circumstances: CIS countries have unique healthcare systems and regulations. For example, in Russia, the government has implemented a series of reforms to improve the quality of outpatient care and promote the development of private healthcare providers. In Kazakhstan, the government has launched a program to increase the number of outpatient clinics in rural areas. These local circumstances are driving the growth of the Outpatient Care market in CIS.

Underlying macroeconomic factors: The Outpatient Care market in CIS is also influenced by macroeconomic factors such as population growth, urbanization, and rising incomes. As the population in CIS countries grows and becomes more urbanized, the demand for healthcare services is increasing. Rising incomes are also driving demand for higher quality healthcare services, including outpatient care. Additionally, government investments in healthcare infrastructure are contributing to the growth of the Outpatient Care market in CIS.

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.