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Outpatient Care - Namibia

Namibia
  • The Outpatient Care market in Namibia is forecasted to achieve a revenue of N US$75.54m by 2024.
  • This represents an annual growth rate (CAGR 2024-2029) of 2.42%, leading to a market size of N US$85.15m by 2029.
  • In terms of global comparison, United States is anticipated to generate the highest revenue, amounting to US$744.80bn in 2024.
  • "The demand for outpatient care services in Namibia is surging due to the country's growing population and increasing focus on preventive healthcare."

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.

In-Scope

  • Ambulatory care by hospitals
  • Minor surgical procedures
  • Clinic visits by patients
  • Checkups
  • Emergency department visits

Out-Of-Scope

  • Inpatient care
  • Day care
  • Long-term care
  • Home-based care
Outpatient Care: market data & analysis - Cover

Market Insights report

Outpatient Care: market data & analysis

Study Details

    Revenue

    Notes: Data shown is using current exchange rates and reflects market impacts of the Russia-Ukraine war.

    Most recent update: Apr 2024

    Source: Statista Market Insights

    Most recent update: Apr 2024

    Source: Statista Market Insights

    Analyst Opinion

    Namibia, a country in Southern Africa, has seen a steady growth in the Outpatient Care market in recent years.

    Customer preferences:
    Namibians have shown a growing preference for Outpatient Care due to its convenience and affordability. With the increasing burden of non-communicable diseases such as diabetes, hypertension, and cancer, there is a higher demand for specialized care that can be provided in an outpatient setting. Additionally, patients prefer to avoid hospitalization due to the high costs associated with inpatient care.

    Trends in the market:
    One of the major trends in the Outpatient Care market in Namibia is the growth of private healthcare providers. Private clinics and hospitals are becoming more popular due to their efficient services, shorter waiting times, and availability of specialized care. This trend is expected to continue as the government continues to encourage private investment in the healthcare sector.Another trend in the market is the increasing use of technology in healthcare. Telemedicine and mobile health applications are becoming more popular as they provide patients with easy access to healthcare services. This trend is expected to continue as the government invests in improving the country's telecommunications infrastructure.

    Local special circumstances:
    Namibia has a small population of just over 2 million people, with a large proportion living in rural areas. This has led to a shortage of healthcare professionals, particularly in rural areas. To address this, the government has implemented policies to increase the number of healthcare professionals in the country and improve the distribution of healthcare services.

    Underlying macroeconomic factors:
    Namibia's economy has been growing steadily in recent years, driven by the mining and tourism sectors. This has led to an increase in disposable income and a growing middle class, which has contributed to the growth of the Outpatient Care market. Additionally, the government has been investing in healthcare infrastructure and services, which has further contributed to the growth of the market.In conclusion, the Outpatient Care market in Namibia is growing due to increasing customer preferences for convenience and affordability, the growth of private healthcare providers, the increasing use of technology in healthcare, and the government's investment in healthcare infrastructure and services. However, the shortage of healthcare professionals in rural areas remains a challenge that needs to be addressed to ensure equitable access to healthcare services for all Namibians.

    Global Comparison

    Most recent update: Apr 2024

    Source: Statista Market Insights

    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.

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    Outpatient Care: market data & analysis - BackgroundOutpatient Care: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Explore more high-quality data on related topic

    Outpatient care (ambulatory care) in the U.S. - Statistics & Facts

    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.
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