Healthcare Services Market Size 2024-2028
The healthcare services market size is forecast to increase by USD 6,263.7 billion at a CAGR of 8.73% between 2023 and 2028. In the market, several trends are shaping the industry's growth. The elderly population's expansion is driving the demand for long-term care services, including medical devices and consumables. Economic growth and lifestyle changes are leading to an increase in healthcare spending, particularly on medical devices and consumables. Hospitals are adopting bundled payments and digital tools to improve efficiency and reduce costs. Cross-industry partnerships are emerging, allowing for innovation in the development of novel drugs and treatments. The rise of telemedicine in the healthcare sector is revolutionizing patient care, enabling remote monitoring and access to medical services. These trends present both opportunities and challenges for market participants. While the increasing demand for healthcare services offers growth potential, rising costs and regulatory requirements pose significant hurdles. To remain competitive, companies must stay abreast of these trends and adapt to the evolving market landscape.
What will be the Size of the Market During the Forecast Period?
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Service
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ billion)
- Data Table on Global - Market size and forecast 2023-2028 ($ billion)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
5 Historic Market Size
- 5.1 Global Healthcare Services Market 2018 - 2022
- Historic Market Size - Data Table on Global Healthcare Services Market 2018 - 2022 ($ billion)
- 5.2 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
- 5.3 Service segment analysis 2018 - 2022
- Historic Market Size - Service Segment 2018 - 2022 ($ billion)
- 5.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
- 5.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ billion)
6 Qualitative Analysis
- 6.1 Impact of AI in the Global Healthcare Services Market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 7.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by End-user
- 8.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
- 8.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
- 8.3 Adult care - Market size and forecast 2023-2028
- Chart on Adult care - Market size and forecast 2023-2028 ($ billion)
- Data Table on Adult care - Market size and forecast 2023-2028 ($ billion)
- Chart on Adult care - Year-over-year growth 2023-2028 (%)
- Data Table on Adult care - Year-over-year growth 2023-2028 (%)
- 8.4 Geriatric care - Market size and forecast 2023-2028
- Chart on Geriatric care - Market size and forecast 2023-2028 ($ billion)
- Data Table on Geriatric care - Market size and forecast 2023-2028 ($ billion)
- Chart on Geriatric care - Year-over-year growth 2023-2028 (%)
- Data Table on Geriatric care - Year-over-year growth 2023-2028 (%)
- 8.5 Pediatric care - Market size and forecast 2023-2028
- Chart on Pediatric care - Market size and forecast 2023-2028 ($ billion)
- Data Table on Pediatric care - Market size and forecast 2023-2028 ($ billion)
- Chart on Pediatric care - Year-over-year growth 2023-2028 (%)
- Data Table on Pediatric care - Year-over-year growth 2023-2028 (%)
- 8.6 Market opportunity by End-user
- Market opportunity by End-user ($ billion)
- Data Table on Market opportunity by End-user ($ billion)
9 Market Segmentation by Service
- 9.1 Market segments
- Chart on Service - Market share 2023-2028 (%)
- Data Table on Service - Market share 2023-2028 (%)
- 9.2 Comparison by Service
- Chart on Comparison by Service
- Data Table on Comparison by Service
- 9.3 Hospitals and clinics - Market size and forecast 2023-2028
- Chart on Hospitals and clinics - Market size and forecast 2023-2028 ($ billion)
- Data Table on Hospitals and clinics - Market size and forecast 2023-2028 ($ billion)
- Chart on Hospitals and clinics - Year-over-year growth 2023-2028 (%)
- Data Table on Hospitals and clinics - Year-over-year growth 2023-2028 (%)
- 9.4 Primary care services - Market size and forecast 2023-2028
- Chart on Primary care services - Market size and forecast 2023-2028 ($ billion)
- Data Table on Primary care services - Market size and forecast 2023-2028 ($ billion)
- Chart on Primary care services - Year-over-year growth 2023-2028 (%)
- Data Table on Primary care services - Year-over-year growth 2023-2028 (%)
- 9.5 Long-term care services - Market size and forecast 2023-2028
- Chart on Long-term care services - Market size and forecast 2023-2028 ($ billion)
- Data Table on Long-term care services - Market size and forecast 2023-2028 ($ billion)
- Chart on Long-term care services - Year-over-year growth 2023-2028 (%)
- Data Table on Long-term care services - Year-over-year growth 2023-2028 (%)
- 9.6 Home healthcare - Market size and forecast 2023-2028
- Chart on Home healthcare - Market size and forecast 2023-2028 ($ billion)
- Data Table on Home healthcare - Market size and forecast 2023-2028 ($ billion)
- Chart on Home healthcare - Year-over-year growth 2023-2028 (%)
- Data Table on Home healthcare - Year-over-year growth 2023-2028 (%)
- 9.7 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ billion)
- Data Table on Others - Market size and forecast 2023-2028 ($ billion)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
- 9.8 Market opportunity by Service
- Market opportunity by Service ($ billion)
- Data Table on Market opportunity by Service ($ billion)
10 Customer Landscape
- 10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape
- 11.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)
- 11.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 11.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ billion)
- Data Table on North America - Market size and forecast 2023-2028 ($ billion)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 11.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ billion)
- Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 11.5 Asia - Market size and forecast 2023-2028
- Chart on Asia - Market size and forecast 2023-2028 ($ billion)
- Data Table on Asia - Market size and forecast 2023-2028 ($ billion)
- Chart on Asia - Year-over-year growth 2023-2028 (%)
- Data Table on Asia - Year-over-year growth 2023-2028 (%)
- 11.6 Rest of World (ROW) - Market size and forecast 2023-2028
- Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
- Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ billion)
- Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- 11.7 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ billion)
- Data Table on US - Market size and forecast 2023-2028 ($ billion)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 11.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ billion)
- Data Table on China - Market size and forecast 2023-2028 ($ billion)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 11.9 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ billion)
- Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 11.10 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ billion)
- Data Table on UK - Market size and forecast 2023-2028 ($ billion)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
- 11.11 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ billion)
- Data Table on India - Market size and forecast 2023-2028 ($ billion)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
- 11.12 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ billion)
- Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 11.13 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ billion)
- Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
- 11.14 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ billion)
- Data Table on France - Market size and forecast 2023-2028 ($ billion)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
- 11.15 Italy - Market size and forecast 2023-2028
- Chart on Italy - Market size and forecast 2023-2028 ($ billion)
- Data Table on Italy - Market size and forecast 2023-2028 ($ billion)
- Chart on Italy - Year-over-year growth 2023-2028 (%)
- Data Table on Italy - Year-over-year growth 2023-2028 (%)
- 11.16 Spain - Market size and forecast 2023-2028
- Chart on Spain - Market size and forecast 2023-2028 ($ billion)
- Data Table on Spain - Market size and forecast 2023-2028 ($ billion)
- Chart on Spain - Year-over-year growth 2023-2028 (%)
- Data Table on Spain - Year-over-year growth 2023-2028 (%)
- 11.17 Market opportunity by geography
- Market opportunity by geography ($ billion)
- Data Tables on Market opportunity by geography ($ billion)
12 Drivers, Challenges, and Opportunity/Restraints
- 12.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 12.4 Market opportunities/restraints
13 Competitive Landscape
- 13.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 13.3 Landscape disruption
- Overview on factors of disruption
- 13.4 Industry risks
- Impact of key risks on business
14 Competitive Analysis
- 14.2 Company ranking index
- 14.3 Market positioning of companies
- Matrix on companies position and classification
- 14.4 Apollo Hospitals Enterprise Ltd
- Apollo Hospitals Enterprise Ltd - Overview
- Apollo Hospitals Enterprise Ltd - Business segments
- Apollo Hospitals Enterprise Ltd - Key news
- Apollo Hospitals Enterprise Ltd - Key offerings
- Apollo Hospitals Enterprise Ltd - Segment focus
- SWOT
- 14.5 Community Health Systems Inc.
- Community Health Systems Inc. - Overview
- Community Health Systems Inc. - Product / Service
- Community Health Systems Inc. - Key offerings
- SWOT
- 14.6 CVS Health Corp.
- CVS Health Corp. - Overview
- CVS Health Corp. - Business segments
- CVS Health Corp. - Key offerings
- CVS Health Corp. - Segment focus
- SWOT
- 14.7 DaVita Inc.
- DaVita Inc. - Overview
- DaVita Inc. - Business segments
- DaVita Inc. - Key offerings
- DaVita Inc. - Segment focus
- SWOT
- 14.8 Fresenius Medical Care AG and Co. KGaA
- Fresenius Medical Care AG and Co. KGaA - Overview
- Fresenius Medical Care AG and Co. KGaA - Business segments
- Fresenius Medical Care AG and Co. KGaA - Key news
- Fresenius Medical Care AG and Co. KGaA - Key offerings
- Fresenius Medical Care AG and Co. KGaA - Segment focus
- SWOT
- 14.9 Genesis Healthcare Inc.
- Genesis Healthcare Inc. - Overview
- Genesis Healthcare Inc. - Product / Service
- Genesis Healthcare Inc. - Key news
- Genesis Healthcare Inc. - Key offerings
- SWOT
- 14.10 Max Healthcare Institute Ltd
- Max Healthcare Institute Ltd - Overview
- Max Healthcare Institute Ltd - Product / Service
- Max Healthcare Institute Ltd - Key offerings
- SWOT
- 14.11 Mayo Foundation for Medical Education and Research
- Mayo Foundation for Medical Education and Research - Overview
- Mayo Foundation for Medical Education and Research - Product / Service
- Mayo Foundation for Medical Education and Research - Key offerings
- SWOT
- 14.12 McKesson Corp.
- McKesson Corp. - Overview
- McKesson Corp. - Business segments
- McKesson Corp. - Key news
- McKesson Corp. - Key offerings
- McKesson Corp. - Segment focus
- SWOT
- 14.13 OMH HealthEdge Holdings LLC
- OMH HealthEdge Holdings LLC - Overview
- OMH HealthEdge Holdings LLC - Product / Service
- OMH HealthEdge Holdings LLC - Key offerings
- SWOT
- 14.14 Optum Inc.
- Optum Inc. - Overview
- Optum Inc. - Product / Service
- Optum Inc. - Key news
- Optum Inc. - Key offerings
- SWOT
- 14.15 Quest Diagnostics Inc.
- Quest Diagnostics Inc. - Overview
- Quest Diagnostics Inc. - Business segments
- Quest Diagnostics Inc. - Key offerings
- Quest Diagnostics Inc. - Segment focus
- SWOT
- 14.16 Sonic Healthcare Ltd.
- Sonic Healthcare Ltd. - Overview
- Sonic Healthcare Ltd. - Business segments
- Sonic Healthcare Ltd. - Key offerings
- Sonic Healthcare Ltd. - Segment focus
- SWOT
- 14.17 Universal Health Services Inc.
- Universal Health Services Inc. - Overview
- Universal Health Services Inc. - Business segments
- Universal Health Services Inc. - Key news
- Universal Health Services Inc. - Key offerings
- Universal Health Services Inc. - Segment focus
- SWOT
- 14.18 West Suffolk NHS Foundation Trust
- West Suffolk NHS Foundation Trust - Overview
- West Suffolk NHS Foundation Trust - Product / Service
- West Suffolk NHS Foundation Trust - Key offerings
- SWOT
15 Appendix
- 15.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 15.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 15.4 Research methodology
- 15.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 15.9 360 degree market analysis
- 360 degree market analysis
- 15.10 List of abbreviations
- List of abbreviations
- o Market leader
- o Strong market position
- o Expansion of online presence of products
- o Market leader
- o Growth of the market
- o Strong operational management
- o Strong market position
- o Scope for greater market penetration
- o Strong market position
- o Expansion of service business
- o Strong infrastructure
- o Scope for greater market penetration
- o Expansion of online presence of products
- o Market leader
- o Expansion of service business