The Healthcare Consulting Services Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Healthcare Consulting Services Global Market Report 2024, The healthcare consulting services market size has grown rapidly in recent years. It will grow from $25.09 billion in 2023 to $28.52 billion in 2024 at a compound annual growth rate (CAGR) of 13.7%. The growth in the historic period can be attributed to regulatory compliance, healthcare reform, cost containment, increased population health management, telehealth integration.
The healthcare consulting services market size is expected to see rapid growth in the next few years. It will grow to $48.08 billion in 2028 at a compound annual growth rate (CAGR) of 13.9%. The growth in the forecast period can be attributed to value-based care expansion, healthcare consumerism, data privacy and compliance, pandemic preparedness, healthcare equity. Major trends in the forecast period include digital transformation consulting, healthcare data analytics, healthcare supply chain management, cybersecurity and data protection, healthcare revenue cycle optimization.
The rapid adoption of digitalization in healthcare is significantly contributing to the growth of the healthcare consulting services market. Digitalization is the process of using digital technologies to change a business model and provide value-producing opportunities, and improve technology. Digitalization of healthcare provides public health data collection and disease monitoring and surveillance, which helps healthcare consulting providers with professional guidance regarding diseases. For instance, in September 2022, according to the American Medical Association, a US-based physicians and medical students’ professional association and advocacy group, the use of tele-visits/virtual visits by physicians increased from 14% in 2016 to 80% in 2022, while the use of remote monitoring equipment increased from 12% in 2016 to 30% in 2022. Therefore, the rapid adoption of digitalization is driving the growth of the healthcare consulting services market.
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The healthcare consulting services market covered in this report is segmented –
1) By Components: Software, Hardware, Services
2) By Operations: Operational Management, Financial, Clincal
3) By End User: Government Bodies, Healthcare Providers, Health Insurance Payers, Pharmaceutical And Biotechnology Companies, Medical Device Companies, Other End Users
Top Major Players
Alvarez and Marsal Holdings LLC
Bain & Company Inc.
Boston Consulting Grou
Cognizant Technology Solutions Corp.
Deloitte Consulting LLP
Technology advancement is the key trend gaining popularity in the healthcare consulting services market. Major companies operating in the healthcare consulting services sector are focused on introducing technological innovations to sustain their position in the market. For instance, in June 2022, Harman International Industries, a US-based audio electronics company, announced its Digital Transformation Solutions (DTS) division has been recognized as an Amazon Web Services (AWS) Healthcare Consulting Competency Partner. Harman continues to assist global healthcare companies in modernizing treatment, improving patient outcomes, lowering healthcare costs, and realizing the promise of healthcare data. With deep technical expertise, substantial healthcare expertise, proven resources and accelerators, and considerable AWS experience, Harman assists in the execution of a ‘cloud-first’ approach to realizing comprehensive cloud value.
The healthcare consulting services market report table of contents includes:
1. Executive Summary
2. Healthcare Consulting Services Market Characteristics
3. Healthcare Consulting Services Market Trends And Strategies
4. Healthcare Consulting Services Market – Macro Economic Scenario
5. Global Healthcare Consulting Services Market Size and Growth
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31. Global Healthcare Consulting Services Market Competitive Benchmarking
32. Global Healthcare Consulting Services Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Healthcare Consulting Services Market
34. Healthcare Consulting Services Market Future Outlook and Potential Analysis
35. Appendix
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