Global Healthcare Services Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

29 Jun, 2021

The healthcare services market consists of sales of healthcare services and related goods by entities (organizations, sole traders and partnerships) that provide human healthcare services. This industry includes establishments that provide services such as medical and diagnostic laboratory services, dental services, nursing care, residential substance abuse and mental health facilities and other healthcare services.

Global Healthcare Services Market Size And Drivers:

The global healthcare services market is expected to grow from $6439.93 billion in 2020 to $7044.28 billion in 2021 at a compound annual growth rate (CAGR) of 9.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $9110.99 billion in 2025 at a CAGR of 7%. Changes in lifestyles are main driver of the market.

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Trends In The Global Healthcare Services Market

The shared medical appointments (SMA) model is being increasingly adopted globally to optimize resources and reduce costs. This is a model generally defined as multiple patients being seen as a group by a multi-disciplinary medical care team for follow-up or routine care. It is being adopted by hospitals to create awareness and counsel individual patients dealing with similar medical conditions. The SMA supplements the traditional physician-patient appointment. SMAs provide individual evaluation and disease management for each patient at the same time that they provide counseling to the patient within a group setting. SMAs are currently used to address diabetes, asthma, ulcerative colitis, MS, cancer, HIV, menopause, insomnia and stress.

Global Healthcare Services Market Segments:
The global healthcare services market is further segmented based on type, end user gender, type of expenditure and geography.
By Type: Medical And Diagnostic Laboratory Services, Dental Services, Home Health Care And Residential Nursing Care Services, Residential Substance Abuse And Mental Health Facilities, Hospitals And Outpatient Care Centers, Physicians And Other Health Practitioners, All Other Ambulatory Health Care Services, Ambulance Services
By End User Gender: Male, Female
By Type of Expenditure: Public, Private
Subsegments Covered: Medical Laboratory Services, Diagnostic Imaging Centers, General Dentistry, Oral Surgery, Orthodontics And Prosthodontics, Other Dental Services, Home Health Care Providers, Nursing Care Facilities, Orphanages & Group Homes, Retirement Communities, Residential Mental Health & Intellectual Disability Facilities, Substance Abuse Centers, Hospitals, Outpatient Care Centers, Specialist Doctors, Primary Care Doctors, Physical Therapists, Optometrists, Chiropractors, Podiatrists, Ground Ambulance Services, Air Ambulance Services, Water Ambulance Services
By Geography: The global healthcare services market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global healthcare services market, accounting for 40% of the market in 2020.

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Healthcare Services Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides healthcare services market overviews, analyzes and forecasts market size and growth for the global healthcare services market, healthcare services market share, healthcare services market players, healthcare services market segments and geographies, healthcare services market’s leading competitors’ revenues, profiles and market shares. The healthcare services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.