Outpatient Care - Malta | Statista Market Forecast

The Outpatient Care market in Malta is expected to witness a significant increase in revenue, projected to reach US$133.70m in 2024.
Looking ahead, the market is anticipated to maintain a steady growth rate, with a compound annual growth rate (CAGR 2024-2029) of 10.23%.
This growth will lead to a market volume of US$217.60m by 2029.
When compared globally, it is worth noting that United States is expected to generate the highest revenue in the Outpatient Care market, estimated at US$744.80bn in 2024.
In Malta, the outpatient care market is experiencing a surge in demand due to the country's aging population and increasing prevalence of chronic diseases.

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

Malta, a small European island nation with a population of just over 500,000, has been experiencing a steady increase in demand for outpatient care services in recent years.

Customer preferences: One of the driving factors behind this trend is the growing preference among Maltese consumers for more convenient and accessible healthcare options. As the population ages and chronic diseases become more prevalent, patients are seeking out outpatient care services that can provide them with the care they need without requiring them to spend extended periods of time in hospitals or other medical facilities.

Trends in the market: This growing demand for outpatient care services has led to the development of a thriving outpatient care market in Malta, with a wide range of providers offering services such as diagnostic testing, rehabilitation, and mental health services. In particular, there has been a significant increase in the number of private outpatient clinics and centers, which are able to offer patients a higher level of personalized care and a greater degree of flexibility in terms of scheduling and treatment options.

Local special circumstances: One of the key factors driving this trend is the unique healthcare landscape in Malta. While the country has a well-established public healthcare system, which provides free or low-cost care to all citizens, this system is often overburdened and can be slow to respond to patients' needs. As a result, many Maltese patients are turning to private outpatient care providers as a way to access the care they need more quickly and conveniently.

Underlying macroeconomic factors: At the same time, the Maltese economy has been growing steadily in recent years, with rising levels of disposable income and a growing middle class. This has led to an increase in demand for higher-quality healthcare services, including outpatient care, as consumers are willing to spend more on their health and wellbeing. Additionally, the government has been investing heavily in healthcare infrastructure and services in recent years, which has helped to support the growth of the outpatient care market and ensure that patients have access to high-quality care regardless of their income level or insurance status.

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.