Outpatient Care - EAEU

EAEU

In the year 2024, the Outpatient Care market in the EAEU is projected to achieve a revenue of US$6.75bn.
Looking ahead, the market is anticipated to demonstrate a compound annual growth rate (CAGR 2024-2029) of 4.22%, resulting in a market volume of US$8.30bn by 2029.
When compared globally, it is noteworthy that United States will generate the highest revenue in the Outpatient Care market, amounting to US$744.80bn in 2024.
In the EAEU, the outpatient care market is experiencing a surge in telemedicine services, enabling patients to access healthcare remotely.

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

Market

Region

Region comparison

Currency

Analyst Opinion

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

Customer preferences: Customers in the Outpatient Care market in EAEU are increasingly seeking convenient and affordable healthcare services. They are also placing greater emphasis on preventative care and are willing to pay for services that help them maintain good health.

Trends in the market: One of the major trends in the Outpatient Care market in EAEU is the rise of telemedicine. This technology allows patients to receive medical consultations and treatment remotely, which is particularly important in the current climate of social distancing. Another trend is the increasing use of digital health tools, such as mobile apps and wearables, which enable patients to monitor their health and receive personalized recommendations.

Local special circumstances: The Outpatient Care market in each EAEU country is unique and has its own set of challenges. For example, in Kazakhstan, there is a shortage of healthcare professionals, which has led to long wait times for appointments. In Russia, the government is investing heavily in modernizing the healthcare system, which is creating opportunities for private providers to offer innovative services.

Underlying macroeconomic factors: The growth of the Outpatient Care market in EAEU is being driven by several macroeconomic factors. One of the most important is the increasing prevalence of chronic diseases, which require ongoing outpatient care. Another factor is the aging population, which is driving demand for healthcare services. Finally, rising incomes and changing lifestyles are leading consumers to prioritize their health and seek out high-quality healthcare 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.