Outpatient Care - Dominican Republic

The Outpatient Care market in the Dominican Republic is expected to reach a projected revenue of US$540.00m by 2024.
It is anticipated that the market will experience a steady annual growth rate (CAGR 2024-2029) of 10.20%, leading to a market volume of US$877.40m by 2029.
When compared to other countries globally, United States is expected to generate the highest revenue in the Outpatient Care market, with an estimated revenue of US$744.80bn in 2024.
The Dominican Republic is experiencing a surge in private outpatient clinics, offering specialized services and shorter wait times.

Definition:
Outpatient Care refers to medical and surgical services that are provided to patients who do not require an overnight stay in a hospital. It covers a wide range of services, including diagnostic tests, procedures, and treatments that are performed on an outpatient basis (e.g., doctor consultations, diagnostic services, and laboratory tests). Hospital outpatient care is designed to provide convenient, efficient, and cost-effective medical care to patients, allowing them to receive medical attention without having to spend the night in a hospital. This reduces the overall cost of healthcare and increases accessibility to medical services.

Additional information:
The Outpatient Care market comprises revenues and average revenue per capita. Market values represent revenues paid to hospitals by the respective healthcare payers (including VAT, if applicable). Reported market revenues include spending by consumers (B2C), enterprises (B2B), and governments (B2G). Revenues are allocated to the country where the money is spent.

Ambulatory care by hospitals
Minor surgical procedures
Clinic visits by patients
Checkups
Emergency department visits

Inpatient care
Day care
Long-term care
Home-based care

The Outpatient Care market in Dominican Republic has been experiencing significant growth in recent years.

Customer preferences: Customers in Dominican Republic are increasingly seeking affordable and accessible healthcare services. Outpatient care services are becoming more popular as they offer patients the convenience of receiving medical treatment without the need for hospitalization. Patients are also attracted to the shorter waiting times and lower costs associated with outpatient care.

Trends in the market: The Outpatient Care market in Dominican Republic is expected to continue growing in the coming years due to several factors. One of the major trends in the market is the increasing demand for specialized outpatient services. Patients are seeking specialized care for specific medical conditions, such as cancer treatment, orthopedics, and cardiology. This trend is driving the growth of outpatient clinics that specialize in these areas.Another trend in the market is the adoption of new technologies. Outpatient clinics are increasingly using electronic medical records and telemedicine to improve patient care and increase efficiency. This is particularly important in rural areas where access to healthcare services is limited.

Local special circumstances: The healthcare system in Dominican Republic is undergoing significant reforms aimed at improving access to healthcare services and increasing the quality of care. The government has introduced several initiatives to support the development of outpatient care services, including the construction of new outpatient clinics and the expansion of existing facilities.

Underlying macroeconomic factors: The Dominican Republic has experienced sustained economic growth in recent years, which has led to an increase in disposable income and a growing middle class. This has resulted in a higher demand for healthcare services, including outpatient care. Additionally, the government has been investing heavily in healthcare infrastructure, which has created new opportunities for private sector investment in the outpatient care market.

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.

This report presents a comprehensive analysis and additional information on the Health market, in a PDF format.

In recent years, a clear shift from inpatient to outpatient care has changed the face of healthcare, impacting operations, business models, staffing, and capital. Ambulatory centers carry out increasing numbers of medical procedures following advancements in healthcare technologies, cost management incentives, and consumer-focused services. There is a significant rise in the utilization of non-traditional sites of service such as ambulatory surgery centers, community health centers, primary care clinics, and telehealth. Employment in U.S. Ambulatory health care services has considerably grown over the years. Since 2007, according to the number of ambulatory care establishments in the U.S., nearly a hundred thousand ambulatory care establishments have opened across the country.