Outpatient Care - Greece

  • Greece
  • The Outpatient Care market in Greece is expected to witness significant growth in the coming years.
  • According to projections, the revenue in this market is estimated to reach US$0.51bn in 2024.
  • Moreover, it is anticipated that the market will experience an annual growth rate of 3.65% from 2024 to 2029, resulting in a market volume of US$0.61bn by the end of 2029.
  • In terms of global comparison, United States is expected to generate the highest revenue in the Outpatient Care market.
  • It is projected that the revenue United States will reach a staggering US$744.80bn in 2024.
  • This indicates the dominance of the US market in this sector.
  • The Outpatient Care market in Greece has experienced a surge in demand due to the growing need for accessible and cost-effective healthcare services.

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

 
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Analyst Opinion

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

Customer preferences:
Greek customers have been increasingly opting for outpatient care due to its convenience and cost-effectiveness. Outpatient care allows patients to receive medical treatment without having to stay overnight in a hospital, which can be both time-consuming and expensive. Additionally, outpatient care allows patients to receive specialized treatment from medical professionals who may not be available in their local area.

Trends in the market:
One of the major trends in the Outpatient Care market in Greece is the increasing number of private clinics and medical centers. These facilities offer a wide range of outpatient services, including diagnostic tests, surgeries, and medical consultations. Private clinics have become popular due to their reputation for providing high-quality medical care and personalized attention to patients.Another trend in the market is the growing popularity of telemedicine. Telemedicine allows patients to receive medical care remotely, either through video consultations or mobile apps. This has become especially important during the COVID-19 pandemic, as many patients have been hesitant to visit medical facilities in person. Telemedicine has also made healthcare more accessible to patients who live in remote or underserved areas.

Local special circumstances:
One of the unique characteristics of the Outpatient Care market in Greece is the strong presence of public hospitals and clinics. These facilities are often the first choice for patients who cannot afford private medical care. However, public hospitals and clinics have been facing significant challenges in recent years due to budget cuts and staff shortages. As a result, many patients have been turning to private clinics and telemedicine for their medical needs.

Underlying macroeconomic factors:
The Outpatient Care market in Greece has been influenced by several macroeconomic factors, including the country's economic crisis and its aging population. The economic crisis has led to a decrease in public spending on healthcare, which has put pressure on public hospitals and clinics. At the same time, Greece's aging population has increased demand for medical services, particularly in areas such as chronic disease management and long-term care. These factors have contributed to the growth of the Outpatient Care market in Greece, as patients seek more affordable and accessible healthcare options.

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.

Overview

  • Revenue
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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