Outpatient Care - Jordan

Jordan

The Outpatient Care market in Jordan is expected to witness significant growth in the coming years.
According to projections, the revenue in this market is projected to reach US$0.46bn by 2024.
Furthermore, it is anticipated that there will be a steady annual growth rate of 4.75% from 2024 to 2029, resulting in a market volume of US$0.58bn by 2029.
When compared globally, it is worth noting that United States is expected to generate the highest revenue in the Outpatient Care market.
In 2024 alone, the projected revenue for the United States is a staggering US$744.80bn.
This showcases the dominance of the United States in this market.
Jordan's outpatient care market is experiencing a surge in telemedicine adoption, providing convenient access to healthcare services for patients across the country.

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

Market

Region

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Currency

Analyst Opinion

Jordan, a country located in the Middle East, has been experiencing a steady growth in the Outpatient Care market in recent years.

Customer preferences: Jordanians have been showing an increasing preference for outpatient care due to its convenience and affordability. Patients are able to receive medical attention without the need for hospitalization, which can be costly and time-consuming. Outpatient care allows patients to receive treatment for minor illnesses and injuries, as well as routine check-ups and preventative care.

Trends in the market: One significant trend in the Outpatient Care market in Jordan is the increasing use of telemedicine. This technology allows patients to receive medical attention remotely, which is particularly useful in areas where access to healthcare is limited. Telemedicine has also become more popular due to the COVID-19 pandemic, as patients are hesitant to visit hospitals and clinics in person.Another trend in the market is the growing number of private outpatient clinics. These clinics offer a wide range of medical services, including specialist care, and are often more affordable than hospital-based care. Private clinics have become particularly popular among those who are uninsured or underinsured.

Local special circumstances: One factor that has contributed to the growth of the Outpatient Care market in Jordan is the country's rapidly growing population. Jordan has a young and growing population, with a high fertility rate and a large number of refugees. This has led to an increased demand for healthcare services, including outpatient care.Another factor is the country's relatively high incidence of chronic diseases, such as diabetes and hypertension. Outpatient care is essential for managing these conditions, as it allows patients to receive regular check-ups and treatment without the need for hospitalization.

Underlying macroeconomic factors: Jordan's economy has been growing steadily in recent years, which has led to an increase in disposable income and a growing middle class. This has resulted in an increased demand for healthcare services, including outpatient care.Another macroeconomic factor is the government's commitment to healthcare reform. The government has been working to improve the quality and accessibility of healthcare services, including outpatient care. This has included investments in healthcare infrastructure and the implementation of new policies to encourage private sector participation in the healthcare industry.In conclusion, the Outpatient Care market in Jordan has been growing steadily in recent years, driven by customer preferences for convenience and affordability, as well as local special circumstances such as the country's growing population and high incidence of chronic diseases. This growth is also supported by underlying macroeconomic factors such as the country's growing economy and government commitment to healthcare reform.

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.