Outpatient Care - Brunei Darussalam

Brunei Darussalam

The Outpatient Care market in Brunei Darussalam is forecasted to achieve a revenue of US$50.19m in the year 2024.
This market segment is expected to display a compound annual growth rate (CAGR) of 3.63% between 2024 and 2029, leading to a market volume of US$59.99m by 2029.
When compared to other countries worldwide, in the United States is anticipated to generate the highest revenue, amounting to US$744.80bn in 2024.
Brunei Darussalam's outpatient care market is witnessing a rise in demand for telemedicine services due to its remote geography and limited access to healthcare facilities.

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

Market

Region

Region comparison

Currency

Analyst Opinion

The Outpatient Care market in Brunei Darussalam has been experiencing steady growth in recent years.

Customer preferences: Customers in Brunei Darussalam are increasingly seeking convenient and accessible healthcare services. Outpatient care services, which offer medical treatment without the need for hospitalization, are becoming more popular among customers due to their affordability and convenience. Patients are also increasingly seeking specialized outpatient care services, such as dental and eye care.

Trends in the market: One of the major trends in the outpatient care market in Brunei Darussalam is the increasing adoption of telemedicine. Telemedicine allows patients to receive medical consultations and treatment remotely, which is particularly useful in a country with scattered islands and a dispersed population. Additionally, the government has been investing in the development of healthcare infrastructure, which has led to the establishment of more outpatient care facilities and clinics across the country.

Local special circumstances: Brunei Darussalam has a small population, which makes it easier for the government to invest in healthcare infrastructure and provide universal healthcare coverage. Additionally, the country has a high GDP per capita, which allows for greater investment in healthcare services. The government has also been promoting medical tourism, which has led to an increase in demand for outpatient care services.

Underlying macroeconomic factors: The growth of the outpatient care market in Brunei Darussalam is supported by several underlying macroeconomic factors. These include the country's stable political environment and its strategic location in Southeast Asia, which makes it an attractive destination for medical tourism. Additionally, the government's focus on economic diversification has led to greater investment in healthcare infrastructure and services. Finally, the country's young and growing population is driving demand for healthcare services, including outpatient care.

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.