Market Insights Health Hospitals Inpatient Care

Other Inpatient Care - Iceland

Iceland

The Other Inpatient Care market in Iceland is expected to experience substantial growth in the coming years.
According to projections, the revenue in this sector is estimated to reach US$0.41bn in 2024.
Furthermore, it is anticipated that the market will continue to expand with an annual growth rate (CAGR 2024-2029) of 5.27%.
This growth trajectory is expected to result in a market volume of US$0.53bn by 2029.
When compared to the global market, it is noteworthy that in the United States will generate the highest revenue in 2024, amounting to an impressive US$349.40bn.
This highlights the significant contribution of the United States to the overall revenue generated in the Other Inpatient Care market.
The demand for other inpatient care services in Iceland has seen a significant increase due to the country's aging population and expanding healthcare infrastructure.

Key regions: Germany, Japan, United Kingdom, China, Canada

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.