Outpatient Care - Portugal | Statista Market Forecast

The Outpatient Care market in Portugal is expected to witness a significant surge in revenue, reaching US$5.42bn by the year 2024.
Furthermore, it is projected to exhibit a steady compound annual growth rate (CAGR 2024-2029) of 8.34%, ultimately leading to a market volume of US$8.08bn by 2029.
In terms of global comparison, United States is anticipated to generate the highest revenue in this sector, amounting to US$744.80bn in 2024.
In Portugal, there has been a significant increase in the demand for outpatient care services due to the aging population and the need for specialized medical treatments.

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

The Outpatient Care market in Portugal has been experiencing significant growth in recent years.

Customer preferences: Portuguese customers have been increasingly seeking out outpatient care due to its convenience and cost-effectiveness compared to traditional hospital care. Patients are also increasingly interested in preventive healthcare, which outpatient care facilities are well-suited to provide. Additionally, patients are seeking out outpatient care facilities that offer a wide range of services, including diagnostic testing and specialized medical treatments.

Trends in the market: One trend driving growth in the outpatient care market in Portugal is the increasing prevalence of chronic diseases, such as diabetes and cardiovascular disease. These conditions require ongoing monitoring and treatment, which outpatient care facilities are well-equipped to provide. Another trend is the increasing use of telemedicine and digital health tools, which allow patients to receive care remotely. This trend has been accelerated by the COVID-19 pandemic, as patients seek to avoid in-person visits to healthcare facilities.

Local special circumstances: Portugal's healthcare system is primarily publicly funded, which has created a demand for private outpatient care facilities that can offer more personalized and timely care. Additionally, Portugal has a large elderly population, who are more likely to require outpatient care services. This has led to the development of specialized outpatient care facilities that cater specifically to the needs of older patients.

Underlying macroeconomic factors: The growth of the outpatient care market in Portugal is also being driven by broader macroeconomic trends. Portugal's economy has been growing steadily in recent years, which has led to increased disposable income and a greater ability to pay for healthcare services. Additionally, Portugal's healthcare system is undergoing reforms aimed at improving efficiency and reducing costs, which has led to greater investment in outpatient care facilities. Finally, Portugal's geographic location and favorable climate have made it an attractive destination for medical tourism, which has also contributed to the growth of the outpatient care market.

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.