Outpatient Care - Oman

Oman

In Oman, the revenue in the Outpatient Care market is projected to reach US$0.48bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 7.21%, resulting in a market volume of US$0.68bn by 2029.
When compared globally, in the United States is expected to generate the highest revenue in the Outpatient Care market, with an estimated US$744.80bn in 2024.
The outpatient care market in Oman is experiencing a surge in demand for telemedicine services due to the country's large rural population and limited access to healthcare facilities.

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

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Analyst Opinion

The Outpatient Care market in Oman has been experiencing significant growth in recent years, driven by various factors that have contributed to the expansion of the healthcare industry in the country.

Customer preferences: One of the main drivers of growth in the Outpatient Care market in Oman is the increasing demand for healthcare services from the country's growing population. With a rising number of people requiring medical attention, there has been a surge in demand for outpatient care services that can provide patients with quick and convenient access to medical treatment. Additionally, there has been a growing preference for outpatient care services over inpatient care, as patients seek to avoid the high costs and long wait times associated with hospital stays.

Trends in the market: One of the major trends in the Outpatient Care market in Oman is the increasing adoption of technology in healthcare services. With the rise of telemedicine and other digital health solutions, patients are now able to access medical care remotely, without the need to physically visit a healthcare facility. This has led to a significant increase in the availability and accessibility of healthcare services, particularly in remote or underserved areas of the country.Another trend in the market is the growing focus on preventive healthcare, with healthcare providers increasingly offering services aimed at preventing illnesses and promoting healthy lifestyles. This has led to an increase in the availability of services such as health screenings, wellness programs, and disease management programs, as healthcare providers seek to address the root causes of illness and improve overall health outcomes.

Local special circumstances: One of the key factors driving growth in the Outpatient Care market in Oman is the country's rapidly growing population, which has led to an increase in demand for healthcare services. Additionally, the country's aging population has also contributed to the growth of the market, with older adults requiring more frequent medical attention and care.

Underlying macroeconomic factors: The growth of the Outpatient Care market in Oman is also being driven by various macroeconomic factors, including the country's strong economic growth and increasing investment in healthcare infrastructure. With the government investing heavily in the healthcare industry, there has been a significant expansion of healthcare facilities and services across the country, providing patients with greater access to medical care. Additionally, the country's favorable regulatory environment and business-friendly policies have also contributed to the growth of the Outpatient Care market, attracting investment and encouraging the development of new healthcare services and technologies.

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.