Outpatient Care - Western Asia

Western Asia

The Outpatient Care market in Western Asia is projected to reach a revenue of US$18.89bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 4.90%, resulting in a market volume of US$23.99bn by 2029.
In global comparison, United States is set to generate the highest revenue of US$744.80bn in 2024.
In Western Asia, the outpatient care market is experiencing a surge in demand due to the increasing focus on preventive healthcare measures.

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

Market

Region

Region comparison

Currency

Analyst Opinion

The Outpatient Care market in Western Asia is experiencing significant growth due to various factors.

Customer preferences: Customers in Western Asia are increasingly preferring outpatient care due to its convenience and affordability compared to inpatient care. Outpatient care allows patients to receive medical treatment without being admitted to a hospital, which is especially important during the ongoing COVID-19 pandemic.

Trends in the market: In Saudi Arabia, the government has launched the Vision 2030 program, which aims to improve the healthcare system by increasing the number of outpatient clinics and reducing the burden on hospitals. This has led to the growth of outpatient care in the country.In Iran, the government has also been investing in outpatient care, with the aim of reducing hospitalization rates and improving the quality of care. This has led to the growth of private outpatient clinics in the country.In the United Arab Emirates, there has been a shift towards preventive healthcare, with an increasing number of people seeking regular check-ups and screenings. This has led to the growth of outpatient clinics that offer preventive healthcare services.

Local special circumstances: In some countries in Western Asia, such as Iraq and Syria, the ongoing conflict has led to a shortage of healthcare facilities, which has increased the demand for outpatient care. Outpatient clinics are often more accessible and affordable than hospitals, which makes them a popular choice for patients.

Underlying macroeconomic factors: The growing population and increasing healthcare spending in Western Asia are contributing to the growth of the outpatient care market. In addition, the rise of medical tourism in the region has also led to an increase in demand for outpatient care.Overall, the Outpatient Care market in Western Asia is expected to continue growing in the coming years, driven by factors such as government investment, customer preferences, and underlying macroeconomic factors.

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.