Outpatient Care - Southern Africa

Southern Africa

The Outpatient Care market in Southern Africa is expected to witness significant growth in the coming years.
According to projections, the revenue of this market is estimated to reach US$2.33bn by 2024.
Furthermore, it is anticipated to exhibit a compound annual growth rate (CAGR 2024-2029) of 3.59%, leading to a market volume of US$2.78bn by 2029.
In terms of global comparison, in the United States is expected to generate the highest revenue in the Outpatient Care market, amounting to a staggering US$744.80bn in 2024.
This showcases the dominance of the United States in this market segment.
The demand for outpatient care services in Southern Africa is rising due to the increasing prevalence of chronic diseases.

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

Market

Region

Region comparison

Currency

Analyst Opinion

The Outpatient Care market in Southern Africa has been growing rapidly in recent years.

Customer preferences: Customers in Southern Africa are increasingly seeking more affordable and accessible healthcare options. Outpatient care provides a solution to these needs by offering medical services that do not require an overnight stay in a hospital. Patients can receive treatment for a range of medical conditions, including minor surgeries, diagnostic tests, and routine check-ups.

Trends in the market: South Africa is the largest market for outpatient care in Southern Africa, followed by Zimbabwe and Botswana. The market is expected to continue growing due to the increasing demand for healthcare services and the expansion of private healthcare providers. Additionally, technological advancements have made it easier for patients to access outpatient care services, with telemedicine and mobile health apps becoming more prevalent.

Local special circumstances: In South Africa, the government has implemented the National Health Insurance (NHI) scheme, which aims to provide universal healthcare coverage to all citizens. The implementation of this scheme is expected to increase the demand for outpatient care services. However, there are concerns about the capacity of the healthcare system to meet the increased demand.

Underlying macroeconomic factors: The growth of the outpatient care market in Southern Africa is driven by several macroeconomic factors, including population growth, urbanization, and rising disposable incomes. As the population continues to grow and become more urbanized, the demand for healthcare services is expected to increase. Rising disposable incomes also mean that more people can afford to pay for private healthcare services, including outpatient care.

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.