Market Insights Health Hospitals Inpatient Care

Gastroenterology - Southeast Asia

Southeast Asia

In Southeast Asia, the revenue in the Gastroenterology market is expected to reach US$4.82bn by 2024.
This projection indicates a steady annual growth rate of 5.57% from 2024 to 2029, resulting in a market volume of US$6.32bn by the end of 2029.
It is worth noting that in the global context, in the United States is expected to generate the highest revenue in the Gastroenterology market, with a projected amount of US$60,480.00m in 2024.
In Southeast Asia, the demand for advanced endoscopic procedures is on the rise, making it a hotbed for innovation in gastroenterology.

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

Market

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Currency

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.