Outpatient Care - Israel | Statista Market Forecast

In Israel, the Outpatient Care market is anticipated to witness a significant surge in revenue, with projections indicating a reaching of US$1.47bn in 2024.
It is expected that this sector will continue to exhibit a steady growth rate, with a Compound Annual Growth Rate (CAGR) of 5.08% from 2024 to 2029.
As a result, the market volume is predicted to expand to US$1.88bn by 2029.
When considering the global landscape, it is noteworthy that United States is poised to generate the highest revenue within the Outpatient Care market, amounting to a staggering US$744.80bn in 2024.
Israel's Outpatient Care market is experiencing a surge in telemedicine adoption, driven by the country's advanced technological infrastructure and high smartphone penetration.

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 healthcare industry in Israel is a rapidly growing market, with a focus on innovation and technology. As a result, the Outpatient Care market in Israel has been developing in a unique way.

Customer preferences: In Israel, patients prefer to receive care in outpatient settings due to the convenience and cost-effectiveness. This preference is driven by the country's universal healthcare system, which provides comprehensive coverage for outpatient services. Patients in Israel also value high-quality care and innovative treatments, leading to a rise in demand for outpatient clinics that offer advanced medical technologies.

Trends in the market: One trend in the Outpatient Care market in Israel is the increasing use of telemedicine. Telemedicine allows patients to receive medical consultations and treatment remotely, reducing the need for in-person visits. This trend has been accelerated by the COVID-19 pandemic, as telemedicine has become a vital tool for healthcare providers to deliver care while minimizing the risk of infection.Another trend in the Outpatient Care market in Israel is the growing popularity of personalized medicine. Patients are seeking tailored treatments that are customized to their individual needs and medical history. This trend has led to the development of innovative diagnostic tools and treatments, such as genetic testing and precision medicine.

Local special circumstances: Israel's healthcare system is unique in that it is heavily influenced by the country's history and culture. Israel has a strong tradition of innovation and entrepreneurship, which has translated into a healthcare system that prioritizes research and development. The country's small size and close-knit medical community also facilitate collaboration and knowledge-sharing between healthcare providers.

Underlying macroeconomic factors: Israel's Outpatient Care market is driven by a combination of factors, including a growing population, increasing life expectancy, and rising healthcare costs. The country's aging population has led to a rise in chronic diseases, such as diabetes and cardiovascular disease, which require ongoing outpatient care. Additionally, the Israeli government has been investing heavily in healthcare infrastructure and innovation, creating a favorable environment for the growth of 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.