Hospitals - Tunisia

Tunisia

The Hospitals market in Tunisia is expected to reach a projected revenue of US$1,439.00m in 2024.
It is also anticipated to exhibit an annual growth rate (CAGR 2024-2029) of 4.62%, which would result in a market volume of US$1,804.00m by 2029.
When compared globally, United States is projected to generate the highest revenue in the Hospitals market, with an estimated amount of US$1,501.00bn in 2024.
In terms of per person revenues, in Tunisia is expected to generate US$114.60 in 2024, based on the total population figures.
Tunisia is witnessing a surge in private hospital investments, driven by the growing demand for high-quality healthcare services.

Key regions: United States, China, Germany, Japan, Europe

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Analyst Opinion

The healthcare industry in Tunisia has been experiencing growth in recent years, with the hospital market being a significant contributor to this growth.

Customer preferences: Tunisians are increasingly seeking better quality healthcare services, which has led to an increase in demand for private hospitals. Patients are willing to pay more for better facilities, specialized care, and shorter waiting times. Additionally, medical tourism has been on the rise, with patients from nearby countries seeking affordable treatments in Tunisia.

Trends in the market: The hospital market in Tunisia has been growing due to the increasing demand for healthcare services. Private hospitals have been expanding their operations and investing in modern equipment and technology to meet the growing demand. The government has also been investing in the healthcare sector, with plans to build new hospitals and improve existing ones.

Local special circumstances: The Tunisian government has been implementing reforms to improve the healthcare sector, including increasing the number of healthcare professionals and improving access to healthcare services. The country's strategic location in North Africa has made it an attractive destination for medical tourism, with patients from nearby countries seeking affordable and quality healthcare services.

Underlying macroeconomic factors: Tunisia's economy has been growing, albeit slowly, which has contributed to the growth of the healthcare industry. The government's efforts to improve the healthcare sector have also been supported by international aid and investment. However, the country still faces challenges such as high unemployment rates, which could affect the affordability of healthcare services for some Tunisians.

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 forecasting 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.