Hospitals - EU-27

  • EU-27
  • The Hospitals market in the EU-3.13% is expected to achieve a revenue of US$681.70bn by 2024.
  • It is projected to experience an annual growth rate (CAGR 2024-2029) of 3.13%, resulting in a market volume of US$795.30bn by 2029.
  • When compared globally, in the United States is anticipated to generate the highest revenue of US$1,501.00bn in 2024.
  • Moreover, in terms of per person revenue, US$1.52k will be generated in the EU-3.13% in 2024.
  • In Germany, hospitals are increasingly focusing on digitalization and telemedicine to improve patient care and access to healthcare services.

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

 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

The Hospitals market in EU-27 has seen significant growth in recent years, driven by various factors such as an aging population, increasing healthcare expenditure, and advancements in medical technology.

Customer preferences:
Customers in the EU-27 region are becoming increasingly health-conscious and are seeking high-quality healthcare services. Patients are also becoming more informed and involved in their healthcare decisions, leading to a greater demand for personalized care and treatment options. Additionally, there is a growing trend towards outpatient services, as patients prefer to receive treatment in a more convenient and cost-effective setting.

Trends in the market:
The Hospitals market in EU-27 is experiencing a shift towards outpatient services, as patients prefer to receive treatment in a more convenient and cost-effective setting. This has led to an increase in the number of outpatient clinics and ambulatory surgery centers. Another trend is the adoption of digital technologies, such as telemedicine and electronic health records, which are improving patient outcomes and reducing costs. Additionally, there is a growing trend towards consolidation in the industry, as hospitals merge or acquire other healthcare providers to improve efficiency and reduce costs.

Local special circumstances:
The Hospitals market in EU-27 is diverse, with each country having its own unique healthcare system and regulations. For example, some countries have a higher proportion of public hospitals, while others have a higher proportion of private hospitals. Additionally, there are differences in the level of healthcare expenditure and the availability of medical professionals across the region.

Underlying macroeconomic factors:
The Hospitals market in EU-27 is influenced by various macroeconomic factors, such as population demographics, healthcare expenditure, and government policies. The aging population in the region is driving demand for healthcare services, as older individuals require more medical care. Healthcare expenditure is also increasing, as governments and private insurers seek to improve access to healthcare services. Furthermore, government policies such as healthcare reform and regulations on hospital mergers and acquisitions are shaping the industry landscape.

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.

Overview

  • Revenue
  • Analyst Opinion
  • Hospitals
  • Hospital beds
  • Global Comparison
  • Methodology
  • Key Market Indicators
Please wait

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)