Outpatient Care - Gabon

Gabon

In Gabon, the Outpatient Care market is forecasted to witness a substantial rise in revenue, reaching an estimated US$54.50m by the year 2024.
Moreover, the market is expected to demonstrate a steady annual growth rate (CAGR 2024-2029) of 1.15%, culminating in a market volume of US$57.70m by 2029.
When compared globally, it is noteworthy that in the United States is anticipated to generate the largest portion of revenue, amounting to a staggering US$744.80bn in 2024.
Gabon's outpatient care market is witnessing a surge in demand for specialized telemedicine services due to limited access to healthcare facilities in rural areas.

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

Market

Region

Region comparison

Currency

Analyst Opinion

The Outpatient Care market in Gabon has seen significant growth in recent years, driven by several factors.

Customer preferences: Gabon has a growing middle class that is increasingly seeking high-quality healthcare services. Patients prefer outpatient care as it is more affordable and convenient than inpatient care. Additionally, outpatient care allows patients to receive treatment without disrupting their daily routines.

Trends in the market: One of the major trends in the outpatient care market in Gabon is the increasing adoption of telemedicine. This trend is driven by the need to provide healthcare services to patients in remote areas of the country. Telemedicine allows patients to receive medical consultations, diagnoses, and treatment from healthcare professionals without having to travel long distances.Another trend in the market is the growing popularity of private outpatient clinics. Private clinics offer patients higher quality care and more personalized attention than public clinics. They also offer a wider range of services, including specialized treatments and diagnostic tests.

Local special circumstances: Gabon has a relatively small population, which limits the size of the outpatient care market. Additionally, the country has a shortage of healthcare professionals, which can limit the availability of outpatient services. However, the Gabonese government has taken steps to address these issues, such as investing in healthcare infrastructure and increasing funding for medical education.

Underlying macroeconomic factors: The Gabonese economy has been growing steadily in recent years, driven by the oil and mining sectors. This has led to an increase in disposable income and a growing middle class, which has contributed to the growth of the outpatient care market. Additionally, the government has implemented policies to improve healthcare access and quality, which has also contributed to market growth.In conclusion, the outpatient care market in Gabon is growing due to increasing customer preferences for affordable and convenient healthcare services, the adoption of telemedicine, and the popularity of private clinics. Despite local challenges such as a small population and a shortage of healthcare professionals, the Gabonese government's investment in healthcare infrastructure and education is expected to continue to drive market growth.

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.