Outpatient Care - Lebanon

  • Lebanon
  • In Lebanon, the Outpatient Care market is expected to witness a significant increase in revenue.
  • It is projected to reach US$203.40m in 2024.
  • Furthermore, a steady growth rate of 3.26% is anticipated for the period between 2024 and 2029, leading to a market volume of US$238.80m by the end of 2029.
  • When compared globally, it is worth noting that in the United States is set to generate the highest revenue in this market segment, with an estimated value of US$744.80bn in 2024.
  • Lebanon's outpatient care market is witnessing a surge in demand for telemedicine services due to improved connectivity and convenience.

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

 
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Analyst Opinion

The Outpatient Care market in Lebanon has been showing interesting trends in recent years.

Customer preferences:
Lebanon has a growing elderly population, which has led to an increase in demand for healthcare services. Outpatient care services have become increasingly popular among patients due to their convenience and lower cost compared to inpatient care. Patients also prefer outpatient care as it allows them to continue their daily routine without disruption.

Trends in the market:
One of the major trends in the Outpatient Care market in Lebanon is the increasing use of technology. Telemedicine and mobile health applications have become popular among patients due to their convenience and ease of use. Patients can now access healthcare services from the comfort of their own homes, which has led to an increase in demand for remote consultations and virtual visits.Another trend in the Outpatient Care market in Lebanon is the growing number of clinics and outpatient centers. This has led to increased competition among healthcare providers, which has resulted in improved quality of care and lower costs for patients. More specialized outpatient clinics are also emerging, such as those focused on mental health, which are becoming increasingly popular among patients.

Local special circumstances:
Lebanon has a unique healthcare system that is characterized by a mix of public and private healthcare providers. The public healthcare system is underfunded and understaffed, which has led to long waiting times and limited access to healthcare services for many patients. As a result, many patients turn to private healthcare providers, including outpatient clinics, for their healthcare needs.

Underlying macroeconomic factors:
Lebanon has been facing a challenging economic situation in recent years, which has had an impact on the Outpatient Care market. The economic crisis has led to a decrease in disposable income for many patients, which has resulted in a shift towards lower-cost healthcare services like outpatient care. Additionally, the devaluation of the Lebanese pound has made it more expensive for patients to seek healthcare services abroad, which has led to an increase in demand for local outpatient care services.

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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