Hospitals - Germany

Germany

In 2024, it is projected that the revenue in the Hospitals market in Germany will reach €137.80bn.
The market is expected to show an annual growth rate (CAGR 2024-2029) of 2.79%, resulting in a market volume of €158.10bn by 2029.
When compared globally, United States is expected to generate the most revenue in the Hospitals market, with a projected revenue of €1,377.00bn in 2024.
In terms of per person revenues, in 2024, in Germany is expected to generate €1,655.00 per person.
Germany's hospitals are at the forefront of medical innovation, with a strong emphasis on research and development.

Key regions: United States, China, Germany, Japan, Europe

Marché

Région

Comparaison de régions

Monnaie

Analyst Opinion

Germany, known for its world-class healthcare system, has seen a significant development in its hospitals market.

Customer preferences: German customers have a high demand for quality healthcare services, which has led to an increase in the number of private hospitals in the country. Patients are willing to pay more for better quality healthcare services, which has resulted in an increase in the number of specialized hospitals in Germany.

Trends in the market: The German hospitals market has seen a trend towards consolidation, with larger hospital groups acquiring smaller hospitals. This has led to an increase in the number of hospital beds and a decrease in the number of hospitals in the country. Moreover, there has been a shift towards outpatient care, resulting in a decrease in the number of inpatient hospital stays. The use of telemedicine and other digital technologies has also become increasingly popular in the German hospitals market.

Local special circumstances: Germany has a unique healthcare system, with a mix of public and private healthcare providers. The country has a mandatory health insurance system, which covers almost the entire population. However, patients can also opt for private health insurance, which provides them with additional benefits and access to specialized hospitals. This has resulted in a two-tiered healthcare system, where patients with private health insurance have access to better quality healthcare services.

Underlying macroeconomic factors: The German hospitals market is influenced by several macroeconomic factors, including the aging population and the increasing prevalence of chronic diseases. The aging population has led to an increase in the demand for healthcare services, while the increasing prevalence of chronic diseases has resulted in a higher demand for specialized hospitals. Moreover, the German government has been investing heavily in the healthcare sector, which has led to an increase in the number of hospitals and the adoption of new technologies in the sector. In conclusion, the German hospitals market has seen a significant development in recent years, with a trend towards consolidation and a shift towards outpatient care. The country's unique healthcare system, with a mix of public and private healthcare providers, has also influenced the market. The underlying macroeconomic factors, including the aging population and the increasing prevalence of chronic diseases, have further driven the growth of the 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 forecasting 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.