Market Insights Health Hospitals Inpatient Care

Gastroenterology - LATAM

LATAM

In the year 2024, the projected revenue in the Gastroenterology market in LATAM is expected to reach €9.07bn.
This indicates a significant potential for growth in the region.
Furthermore, it is anticipated that the revenue will continue to grow at an annual rate of 1.80% between 2024 and 2028.
By the end of 2028, the market volume is estimated to reach €9.74bn.
When compared to the global market, it is noteworthy that in the United States is expected to generate the highest revenue in the Gastroenterology market, amounting to €56,090.00m in 2024.
This highlights the dominance of the United States in this particular market segment.
In LATAM, the gastroenterology market is rapidly growing due to increased awareness of digestive health and the adoption of advanced diagnostic and treatment technologies.

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

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Comparación de regiones

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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.