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Outpatient Care - Papua New Guinea

Papua New Guinea
  • The Outpatient Care market in Papua New Guinea is expected to witness significant growth in the coming years.
  • According to projections, the revenue in this market is projected to reach US$243.60m in 2024.
  • This indicates a positive trend and highlights the increasing demand for outpatient care services in the country.
  • Furthermore, it is estimated that the revenue in the Outpatient Care market will experience a compounded annual growth rate (CAGR) of 1.13% between 2024 and 2029.
  • This steady growth is anticipated to result in a market volume of US$257.60m by 2029, further demonstrating the potential and expansion of the outpatient care sector in Papua New Guinea.
  • In a global context, United States is projected to generate the highest revenue in the Outpatient Care market.
  • In 2024, it is estimated that United States will account for a staggering US$744.80bn in revenue.
  • This highlights the dominance of the United States in the global outpatient care market and underscores the significant contribution of the country to the overall industry.
  • Papua New Guinea's outpatient care market is experiencing a surge in demand due to the country's growing 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.

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

    The Outpatient Care market in Papua New Guinea has been developing at a steady pace in recent years.

    Customer preferences:
    Papua New Guinea has a diverse population with a wide range of healthcare needs. While some people prefer traditional medicine, others prefer modern medical care. However, due to the lack of healthcare facilities in rural areas, many people have to travel long distances to access medical care. As a result, there is a growing demand for outpatient care services that are affordable and accessible.

    Trends in the market:
    The Outpatient Care market in Papua New Guinea is witnessing a trend towards the establishment of more outpatient clinics and medical centers. This is driven by the increasing demand for medical services, particularly in rural areas. Additionally, there is an increasing trend towards the use of telemedicine and mobile health technologies to improve access to medical care in remote areas.

    Local special circumstances:
    Papua New Guinea is a developing country with a relatively low level of healthcare infrastructure. The country has a high burden of disease, including communicable diseases such as malaria, tuberculosis, and HIV/AIDS. The healthcare system is also facing challenges such as a shortage of healthcare workers, inadequate funding, and poor infrastructure. These factors have contributed to the growing demand for outpatient care services in the country.

    Underlying macroeconomic factors:
    The Outpatient Care market in Papua New Guinea is influenced by a range of macroeconomic factors, including economic growth, government policies, and healthcare spending. The country has experienced steady economic growth in recent years, which has led to an increase in healthcare spending. Additionally, the government has introduced policies aimed at improving access to healthcare services, including outpatient care. These policies have created a favorable environment for the development of the outpatient care market in the country.

    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

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    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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