Outpatient Care - Kazakhstan

Kazakhstan

The Outpatient Care market in Kazakhstan is projected to reach US$0.88bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 7.27%, resulting in a market volume of US$1.25bn by 2029.
In global comparison, in the United States is expected to generate the most revenue with US$744.80bn in 2024.
Kazakhstan's outpatient care market is witnessing a surge in telemedicine services, enabling remote access to healthcare for patients across the vast country.

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

Market

Region

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Currency

Analyst Opinion

Kazakhstan, the world's largest landlocked country, has a developing healthcare sector that is experiencing rapid growth. The Outpatient Care market in Kazakhstan is no exception to this trend and has seen significant progress in recent years.

Customer preferences: Kazakhstan's population has a growing demand for healthcare services, including outpatient care. The country's aging population and the rise of chronic diseases have contributed to this demand. Additionally, patients prefer outpatient care over inpatient care due to its lower cost and greater convenience.

Trends in the market: The Outpatient Care market in Kazakhstan has experienced a surge in demand due to the government's efforts to improve healthcare services. The government has invested heavily in the healthcare sector, including the construction of new hospitals and clinics, as well as the modernization of existing facilities. Furthermore, the government has launched various programs to encourage private sector investment in the healthcare industry.

Local special circumstances: Kazakhstan's healthcare system is largely public, with the government providing free healthcare to its citizens. However, the quality of public healthcare is often subpar, and patients are turning to private healthcare providers for better services. Private healthcare providers are also expanding their services to meet the growing demand for outpatient care.

Underlying macroeconomic factors: Kazakhstan's economy has been growing steadily in recent years, with the country's GDP increasing by an average of 4% annually. This economic growth has led to an increase in disposable income and a growing middle class, who are willing to pay for better healthcare services. Furthermore, the government's efforts to diversify the economy have resulted in the growth of various industries, including healthcare, which has contributed to the growth of the Outpatient Care market in Kazakhstan.

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.