Insight: National health spending grew by 7.2% year-over-year in November 2024, with personal health care spending up 7.4%. Home health care spending outpaced all categories, rising 10.1% year-over-year, while prescription drug spending grew 5.5%.
Insight: Home health care utilization is growing faster than other sectors, reflecting shifts in care delivery and patient preferences.
Insight: By 2025, half of all outpatient visits are expected to be virtual, with the telemedicine market projected to reach $150.8 billion.
Insight: Nearly half of the physician workforce is nearing retirement age, driving high demand for specialists and locum tenens roles. Employment in healthcare is expected to grow by 5 million jobs by 2040.
Insight: AI applications are expected to generate $150 billion in annual savings by 2026, while the blockchain healthcare market will surpass $1.6 billion by 2025.
Insight: The global healthcare providers market reached $11.59 billion in 2024, with a CAGR of 5.6% from 2019 to 2024. Forecasts predict the market will reach $12.84 trillion by 2027.
Insight: Nearly 60% of industry leaders hold a favorable outlook for 2025, up from 52% in 2024. About 69% expect revenue growth, and 71% expect improved profitability.