Market Insights Health Hospitals Inpatient Care

Midwifery - India

India

In India, the Midwifery market is expected to experience significant growth in the coming years.
By 2024, the projected revenue is estimated to reach ₹US$3.02bn.
This indicates a positive trend for the industry.
Furthermore, the market is anticipated to exhibit a Compound Annual Growth Rate (CAGR 2024-2029) of 7.92%, leading to a market volume of ₹US$4.42bn by 2029.
When comparing the global market, in the United States is expected to generate the highest revenue in the Midwifery market sector.
In 2024, the projected revenue in the United States is estimated to be US$34,040.00m.
This highlights the dominance of the United States in the global Midwifery market.
The demand for midwifery services in India is rapidly growing, as more women are seeking personalized and holistic care during pregnancy and childbirth.

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

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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.