Market Insights Health Hospitals Inpatient Care

Midwifery - LATAM

LATAM

In LATAM, the Midwifery market is expected to witness significant growth in the coming years.
By 2024, the projected revenue for this market is estimated to reach US$6.00bn.
This growth is expected to continue with an annual growth rate (CAGR 2024-2028) of 2.26%, leading to a market volume of US$6.56bn by 2028.
When compared to other regions globally, in the United States is anticipated to generate the highest revenue in the Midwifery market.
In 2024, the revenue in the United States is projected to reach US$34,040.00m.
In LATAM, the demand for midwifery services is on the rise as women seek more personalized and holistic care during pregnancy and childbirth.

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

Market

Region

Region comparison

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.