Outpatient Care - Eastern Europe

Eastern Europe

In Eastern Europe, the revenue in the Outpatient Care market is estimated to reach US$7.13bn by 2024.
It is anticipated that the market will exhibit a compound annual growth rate (CAGR 2024-2029) of 4.27%, leading to a market volume of US$8.79bn by 2029.
When compared globally, in the United States is expected to generate the highest revenue, amounting to US$744.80bn in 2024.
In Eastern Europe, Poland has seen a rise in demand for outpatient care due to an aging population and increasing chronic disease burden.

Key regions: France, Germany, United Kingdom, Canada, United States

Market

Region

Region comparison

Currency

Analyst Opinion

The Outpatient Care market in Eastern Europe has been experiencing growth in recent years due to various factors.

Customer preferences: Customers in Eastern Europe are increasingly seeking more accessible and affordable healthcare services, which has led to a rise in demand for outpatient care. Outpatient care offers patients the convenience of receiving medical treatment without having to stay overnight in a hospital. Additionally, the COVID-19 pandemic has accelerated the shift towards outpatient care as patients prefer to avoid hospitals and other healthcare facilities where the risk of infection is higher.

Trends in the market: One trend in the outpatient care market in Eastern Europe is the increasing adoption of telemedicine. Telemedicine allows patients to consult with healthcare professionals remotely, which is especially beneficial for patients in rural areas who may not have easy access to healthcare facilities. Another trend is the growing popularity of private outpatient care providers, particularly in countries with underfunded public healthcare systems. Private providers offer faster and more personalized care, but often at a higher cost.

Local special circumstances: Each country in Eastern Europe has its own unique healthcare system and regulations, which affects the outpatient care market. For example, in countries such as Poland and Hungary, there is a shortage of healthcare professionals, which has led to longer wait times and a higher demand for private providers. In contrast, in countries such as Romania and Bulgaria, the public healthcare system is underfunded and patients often have to pay out of pocket for medical treatments.

Underlying macroeconomic factors: The growth of the outpatient care market in Eastern Europe is also influenced by macroeconomic factors such as GDP growth, healthcare spending, and government regulations. Countries with higher GDP growth and healthcare spending tend to have a more developed healthcare system with better access to outpatient care. Additionally, government regulations such as licensing requirements and reimbursement policies can affect the number of providers in the market and the affordability of outpatient care for patients.

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.