Outpatient Care - Sweden

Sweden

In Sweden, the Outpatient Care market is estimated to witness a significant growth in revenue, with projections indicating that it will reach US$8.08bn by the year 2024.
Furthermore, this market is expected to display a steady annual growth rate of 6.05%, leading to a market volume of US$10.84bn by 2029.
When comparing the global market, it is noteworthy that United States is expected to generate the highest revenue in the Outpatient Care market sector, with an estimated US$744.80bn in 2024.
Sweden's Outpatient Care market is characterized by a strong emphasis on patient-centric care, advanced digital health technologies, and a well-developed primary care system.

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

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Currency

Analyst Opinion

The Outpatient Care market in Sweden has been experiencing significant growth in recent years.

Customer preferences: Customers in Sweden are increasingly seeking more convenient and accessible healthcare options. Outpatient care provides patients with the ability to receive medical treatment without having to stay in a hospital overnight. This type of care is particularly appealing to those who have busy schedules or who live far away from hospitals.

Trends in the market: One of the major trends in the Outpatient Care market in Sweden is the increasing use of telemedicine. This technology allows patients to receive medical consultations and treatment remotely, without having to visit a physical clinic. Another trend is the growing number of specialized outpatient clinics that focus on specific medical conditions such as diabetes or cancer. These clinics provide patients with specialized care and expertise that may not be available at a general hospital.

Local special circumstances: Sweden has a well-developed healthcare system that is funded through taxes. This means that patients do not have to pay for medical treatment out of pocket. The government also heavily regulates the healthcare industry, which has led to a high standard of care and patient satisfaction. Additionally, Sweden has a rapidly aging population, which has contributed to the growth of the Outpatient Care market as older individuals require more medical attention.

Underlying macroeconomic factors: Sweden has a strong economy with a high GDP per capita. This has allowed the government to invest heavily in healthcare infrastructure and technology. The country also has a highly educated population and a strong focus on innovation, which has led to the development of new medical technologies and treatments. Additionally, Sweden has a high level of social trust, which has contributed to the success of the healthcare system and the growth of 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.