The global healthcare market was valued at $21.22 trillion in 2023 and is projected to nearly double to $44.76 trillion by 2032.
What's Driving This Change?
What's Driving
This Change?
Discoveries and applications using artificial intelligence
Rising prevalence and/or awareness of chronic diseases
Increased longevity leading to an aging population
Greater focus on wellness and preventive care
But where is the
profit going?
But where is the profit going?
While the global healthcare market is soaring, so is the pace of acquisitions of independent clinics, practices, and hospitals by large systems.
This puts immense pressure on smaller businesses, leaving them outcompeted on scale, pricing, budget, negotiating power, and administrative capacity.