Outlook

Terveystalo updated its market outlook on 29 April 2021 when publishing the Q1/2021 report. These views are based on the expected development of demand for Terveystalo’s services within the next six months, compared with the past six months.

   

  • In the short term, the market environment is still uncertain because of the changes in consumer behavior resulting from the COVID-19 pandemic, and predicting demand is challenging in the short term. Demand for coronavirus testing is expected to remain high throughout the first half of 2021 and to decrease to a lower level during the third quarter, and demand for healthcare services in general is expected to grow clearly year-on-year.
  • Demand from corporate customers for preventive and statutory occupational health services is expected to develop positively. The recovery of demand for acute and non-urgent medical care is uncertain, owing to a reduction in general morbidity and the measures to restrict the pandemic. Significant changes in the employment rate may be reflected in the underlying demand.
  • Overall demand from private customers is expected develop positively, and to increase clearly year-on-year. However, there may be considerable differences between specialties and geographical areas in the short term because of variation in general morbidity and pandemic-related area-specific restrictive measures. Demand for remote services is expected to continue to increase. Significant changes in consumer confidence may be reflected in the underlying demand.
  • Stable demand from the public sector is expected to continue in occupational health, service sales, and staffing services. Revenue from outsourcing business will decrease slightly, following the planned expiry of outsourcing contracts.  

    These views are based on the expected development of demand for Terveystalo’s services within the next six months, compared with the past six months.