Outpatient Care - Spain

Spain

In Spain, the Outpatient Care market is expected to witness a significant increase in revenue, reaching a projected value of US$19.61bn by 2024.
This growth is anticipated to continue with an annual growth rate of 4.81% between 2024 and 2029, leading to a market volume of US$24.80bn by 2029.
When comparing the global market, it is noteworthy that in the United States is expected to generate the highest revenue in the Outpatient Care market, with an estimated value of US$744.80bn in 2024.
Spain's outpatient care market is witnessing a surge in telemedicine adoption, allowing patients to access healthcare services remotely.

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

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Analyst Opinion

The Outpatient Care market in Spain has been showing significant growth in recent years.

Customer preferences: Customers in Spain are increasingly seeking more convenient and affordable healthcare options. Outpatient care provides patients with a more flexible and accessible option for receiving medical treatment, as it allows them to receive care without having to stay overnight in a hospital.

Trends in the market: One of the main trends in the Outpatient Care market in Spain is the increasing popularity of private outpatient clinics. These clinics offer patients a more personalized and efficient experience compared to public hospitals, which can often be overcrowded and have long wait times. Additionally, there has been a growing trend towards the use of telemedicine in outpatient care, which allows patients to receive medical consultations and treatment remotely using technology such as video conferencing.

Local special circumstances: Spain has a large population of elderly people, who often require frequent medical treatment and care. This has led to an increased demand for outpatient care services that are tailored to the needs of elderly patients. Additionally, Spain has a large tourism industry, which has led to the development of specialized outpatient care services for tourists.

Underlying macroeconomic factors: The growth of the Outpatient Care market in Spain can be attributed to several underlying macroeconomic factors. These include an aging population, increasing healthcare costs, and a growing demand for more convenient and accessible healthcare services. Additionally, the Spanish government has been investing in the development of the healthcare sector, which has helped to drive growth in the Outpatient Care market.

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.