Outpatient Care - Saudi Arabia

  • Saudi Arabia
  • The Outpatient Care market in Saudi Arabia is estimated to generate revenue of US$4.03bn in the year 2024.
  • It is projected to experience a compound annual growth rate (CAGR) of 3.26% from 2024 to 2029, reaching a market volume of US$4.73bn by 2029.
  • In terms of global comparison, United States is expected to generate the highest revenue in the Outpatient Care market, with an estimated revenue of US$744.80bn in 2024.
  • The demand for outpatient care in Saudi Arabia is rapidly increasing due to the country's growing population and focus on improving healthcare services.

Key regions: United Kingdom, Japan, China, Brazil, Canada

 
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Analyst Opinion

The Outpatient Care market in Saudi Arabia is a rapidly growing industry that has seen significant developments in recent years.

Customer preferences:
Customers in Saudi Arabia are increasingly seeking high-quality healthcare services that are easily accessible and affordable. The outpatient care market in Saudi Arabia has been able to meet these demands by offering a wide range of services that include medical consultations, diagnostic tests, and minor surgical procedures. Patients are also able to choose from a variety of healthcare providers, including hospitals, clinics, and specialized medical centers.

Trends in the market:
One of the key trends in the outpatient care market in Saudi Arabia is the increasing use of technology to improve patient care. This includes the use of telemedicine to provide remote consultations and medical advice, as well as the use of electronic health records to improve patient outcomes. Another trend is the growing popularity of specialized medical centers that offer a range of services, such as orthopedics, cardiology, and oncology.

Local special circumstances:
Saudi Arabia has a rapidly growing population, with a large proportion of young people who are increasingly health-conscious. This has led to a growing demand for healthcare services, including outpatient care. The government has also been investing heavily in the healthcare sector, with a particular focus on expanding the capacity of healthcare facilities and improving the quality of care.

Underlying macroeconomic factors:
Saudi Arabia has a strong and stable economy, with a high level of government spending on healthcare. The government has also implemented a number of policies to encourage private sector investment in the healthcare sector, including tax incentives and streamlined regulatory processes. These factors have contributed to the growth of the outpatient care market in Saudi Arabia, which is expected to continue in the coming years.

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.

Overview

  • Revenue
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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