Outpatient Care - Northern Africa

Northern Africa

The Outpatient Care market in Northern Africa is expected to witness significant growth in the coming years.
According to projections, the revenue in this market is set to reach US$3.24bn in 2024.
Furthermore, it is anticipated that the market will maintain a steady annual growth rate of 8.18% from 2024 to 2029.
This growth trajectory will result in a market volume of US$4.80bn by 2029.
When compared on a global scale, in the United States is expected to generate the highest revenue in the Outpatient Care market.
In 2024 alone, the revenue is projected to reach a staggering US$744.80bn.
This highlights the dominance of the United States in this market segment.
The outpatient care market in Northern Africa is experiencing a surge in demand for specialized telemedicine services due to the limited access to healthcare facilities in remote areas.

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

Market

Region

Region comparison

Currency

Analyst Opinion

The Outpatient Care market in Northern Africa is experiencing growth due to various reasons.

Customer preferences: Customers in Northern Africa prefer outpatient care due to its affordability and convenience. Outpatient care allows patients to receive medical attention without having to be admitted to a hospital, which is much more expensive. Patients can receive treatment for minor ailments and injuries and can return home the same day. This is especially important in Northern Africa, where the majority of the population lives in poverty and cannot afford expensive medical bills.

Trends in the market: The Outpatient Care market in Northern Africa is seeing an increase in the number of facilities offering services. This is due to an increase in demand for outpatient care and the need to provide affordable healthcare to the population. The market is also seeing an increase in the number of specialized clinics, such as those for women's health, pediatrics, and mental health. This is due to an increase in awareness of these specific health issues and the need for specialized care.

Local special circumstances: Northern Africa faces unique challenges in the healthcare industry, such as a shortage of medical professionals and inadequate infrastructure. This has led to an increase in the use of telemedicine, which allows patients to receive medical attention remotely. This is especially important in rural areas where access to medical facilities is limited. The use of telemedicine has also increased due to the COVID-19 pandemic, which has made it difficult for patients to visit medical facilities in person.

Underlying macroeconomic factors: The Outpatient Care market in Northern Africa is influenced by various macroeconomic factors, such as government policies, economic growth, and population demographics. Governments in the region are investing in healthcare infrastructure to provide affordable healthcare to the population. Economic growth has led to an increase in demand for healthcare services, while population demographics have led to an increase in the number of elderly patients who require outpatient care. These factors are expected to continue driving growth in the Outpatient Care market in Northern Africa.

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.