Market Report Health and Healthcare Management

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Importance and scope:

With financial sustainability, care delivery, patient centricity, digital transformation, and regulatory compliance at the top of the agenda, healthcare sector leaders need to collaborate with all stakeholders—both within the healthcare ecosystem and those in converging industries—as they look to shape the future of healthcare and establish a sustainable smart health community.

Global healthcare expenditures are expected to continue to rise as spending is projected to increase at an annual rate of 5.4 percent between 2017-2022, from USD $7.724 trillion to USD $10.059 trillion. The emergence of personalized medicine, increased use of exponential technologies, entry of disruptive and non-traditional competitors, the demand for expanded care delivery sites, and revamped payment and public funding models are all impacting the financial performance of the health care ecosystem. The healthcare market is looking to health technology for help, along with mergers, acquisitions, and partnerships. Stakeholders are also exploring alternative revenue sources such as vertical integration. Will approaches to well-being hold financial answers for the future?

Growth in the Healthcare Management market in the historic period resulted from the rapid growth in the size of the elderly population, strong economic growth in emerging markets, changes in social patterns, and health insurance reforms. Factors that negatively affected growth in the historic period were low healthcare access in some countries, shortages of skilled human resources, lack of insurance coverage and weak wage growth in developed economies. Going forward, faster economic growth, technological developments and increasingly busy and sedentary lifestyles will drive growth. Factors that could hinder the growth of this market in the future include shortages of skilled human resources, insufficient public health insurance coverage, and a rising number of home health entities falling into insolvency.

With the health insurance reforms and changes in social patterns the Healthcare care market is expected to increase the potential and scope for the global Healthcare Management.

This BCC Research Review is a collection of highlights from several Healthcare Management research reports that were published in 2019. This review was compiled with an intent of providing a sampling of the type of market information, guidance and analysis, that have been guiding business decisions, since the inception of BCC Research in 1971. This Healthcare Research Review includes highlights and excerpts from the following reports, published by BCC Research in 2018 and early 2019:

HLC043F Point of Care Diagnostics: Technologies and Global Markets.

HLC051H The Market for Minimally Invasive Medical Devices.

HLC101D Tissue Engineering and Regeneration: Technologies and Global Markets.

HLC159A Antihypertensives: Global Markets to 2023.

HLC176C Radiotherapy, Radiopharmaceuticals and Nuclear Medicine: Global Markets.

HLC214A Chronic Kidney Disease: Global Markets and Technologies through 2023.

HLC220A Hospital Supplies: Global Markets to 2023.

HLC224A Blood Screening and Typing: Global Markets.

When people have a medical issue or concern, the first place that many people go to for information is Google. They’re able to search for the cause of their symptoms and they can find doctors within their vicinity.

However, many patients are bypassing Google and heading straight to proven medical resources, like PlushCare or WebMD. In 2018, WebMD acquired Vitals.com, which now makes WebMD one of the largest digital health websites in the U.S. These websites have proven their usefulness and many healthcare consumers go directly to these websites to get information about medical conditions, find providers, and to connect with other patients.

The 2020 Nursing and Residential Care Facilities Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100 data sets covering 2011-2024.