Outpatient Care - Lesotho

Lesotho

The Outpatient Care market in Lesotho is expected to witness a significant increase in revenue, reaching US$25.41m in 2024.
This growth is projected to continue with an annual growth rate (CAGR 2024-2029) of 6.72%, leading to a market volume of US$35.17m by 2029.
In comparison to other countries, in the United States is anticipated to generate the highest revenue, amounting to US$744.80bn in 2024.
Lesotho's outpatient care market is experiencing a surge in demand for telemedicine services due to limited access to healthcare facilities in rural areas.

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

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Analyst Opinion

The Outpatient Care market in Lesotho has been evolving in recent years, driven by various factors that have influenced the healthcare landscape in the country.

Customer preferences: Patients in Lesotho have shown a growing preference for outpatient care services due to the convenience and cost-effectiveness they offer compared to inpatient care. This trend is in line with the global shift towards outpatient care services as a means of reducing healthcare costs and improving patient outcomes.

Trends in the market: The Outpatient Care market in Lesotho has witnessed significant growth in recent years, driven by the increasing demand for primary care services and the expansion of healthcare infrastructure in the country. The market has also benefited from the growing number of private healthcare providers entering the market, offering a range of outpatient care services to patients.

Local special circumstances: Lesotho's healthcare system faces significant challenges, including a shortage of healthcare workers and limited funding for healthcare services. These challenges have led to a reliance on external aid and support to fund healthcare services in the country. However, the government has made efforts to address these challenges by investing in healthcare infrastructure and increasing funding for healthcare services.

Underlying macroeconomic factors: The Outpatient Care market in Lesotho is influenced by various macroeconomic factors, including the country's GDP growth, population demographics, and government healthcare policies. The country's GDP growth has been relatively stable in recent years, which has supported the expansion of healthcare infrastructure and the growth of the outpatient care market. Additionally, the country's young population demographic has contributed to the demand for primary care services, which are often provided through outpatient care facilities. The government has also implemented policies aimed at improving healthcare access and quality, which has further supported the growth of the outpatient care market.

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.