1. Market Research
  2. > Healthcare

Healthcare Industry: Latest Market Trends and Statistics

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
36 votes

Global Healthcare Industry Overview

Global healthcare expenditure was $7.6 trillion in 2013, rising at a 4% compound annual growth rate (CAGR) from $6.2 trillion in 2009, according to estimates based on World Health Organization (WHO) data.

Global Healthcare Expenditures from 2009 to 2013

Globally, government spending contributed 55% of total healthcare expenditure in 2013, while private spending, largely funded through insurance, accounted for the remaining 45%. However, the range is wide: in Europe government spending accounted for 74% of total expenditure in 2013, whereas in South East Asia for only 38%, according to WHO.

Healthcare industry growth was driven by increased spending in both general and specialty medicine to treat chronic pathologies, including cancer, diabetes and hypertension. These now account for 75% of diagnosed illness across the world

Healthcare includes all the services, products, equipment and facilities involved in the prevention, treatment and management of illness and the preservation of mental and physical well-being. The whole industry cover varied sectors such as the business of alternative medecine, the organization of medical facilities and medical devicesorgan supplies and, more indirectly veterinarian services.   

Healthcare Key Markets

The U.S. had by far the highest healthcare expenditure, at $2.9 trillion in 2013, according to estimates based on WHO data. This was distantly followed by Japan and China with expenditures of $670 billion and $484 billion respectively. Europe, too, is a major market, with the five largest countries, Germany, France, the U.K., Spain and Italy making up more than $1 trillion in spending between them. 

Top Countries with highest healthcare expenditures in 2013

Healthcare Key Players

The key non-government players in the healthcare sector are the insurance companies. Healthcare providers such as hospitals, acute care centers and primary care centers are mainly small scale, though some chains are growing. The largest health insurers in the world are in the U.S.: UnitedHealth Group Inc. and Anthem Inc. (former WellPoint). were the two largest insurance providers in 2013, with revenues of $122 billion and $70 billion respectively.

UnitedHealth Group provides insurance and managed care services. It offers its members access to healthcare services through a network of doctors, hospitals, clinics and medical equipment vendors. It splits its services between corporate and personal schemes, Medicare and Medicaid (state provided health programs), and military and veteran schemes. It has more than 85 million customers across the U.S. and 125 other countries, including nearly 5 million in Brazil.

Anthem (previously WellPoint) is a provider of insurance and managed care. It offers its services to national and local companies, private individuals, as part of government sponsored Medicare and Medicaid programs, and federal employees. It had 35.7 million members enrolled in its programs in 2013 and more than 35,000 employees.

Healthcare Expenditure Forecast

Global expenditure on healthcare is expected to grow to $9.5 trillion in 2018 from $7.6 trillion in 2013 (at a CAGR of 4%), according to forecasts based on WHO data.

Global Healthcare Expenditure Forecast for 2018

The healthcare industry will be driven by increases in the elderly population in need of medical supplies.

Read more »

Share
24/7 Customer Support

Talk to Sam

+1 718 473 0872

1-10 of about 93 000 reports

Global E-Healthcare Industry - Forecast

  • May 2016
    28 pages
  • E-Healthcare  

  • World  

View report >

Healthcare Industry in the US

  • June 2016
    7 pages
  • Opioid  

  • United States  

View report >

Healthcare Statistics in Sweden and Europe

  • May 2016
    8 pages
  • Healthcare  

  • Sweden  

    Europe  

View report >

Healthcare Industry in Asia and China

  • June 2016
    22 pages
  • Asia  

    China  

    World  

View report >

Healthcare Industry in Japan

  • April 2016
    9 pages
  • Healthcare  

  • Japan  

    Asia  

View report >

Healthcare Industry in France

  • June 2016
    67 pages
  • Healthcare  

  • France  

    Europe  

View report >

Healthcare Industry in Germany

  • May 2016
    5 pages
  • Healthcare  

    Logistics  

  • Germany  

View report >

Healthcare Industry in the US and Italy

  • May 2016
    37 pages
  • Healthcare  

  • United States  

    Italy  

View report >

Healthcare Industry in the UK - Forecast

  • June 2016
    12 pages
  • Healthcare  

    Mental Health  

    Pathology  

  • United Kingdom  

    Europe  

    World  

View report >

Healthcare Industry in Canada

  • June 2016
    52 pages
  • Healthcare  

  • Canada  

    North America  

View report >


About 34 000 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 75 - $ 28 500)

2016-2020 Analysis of the Global Tumor Marker Testing Market: Emerging Opportunities and Growth Strategies for Instrument and Reagent Suppliers

2016-2020 Analysis of the Global Tumor Marker Testing Market: Emerging Opportunities and Growth Strategies for Instrument and Reagent Suppliers

  • $ 28 500
  • Industry report
  • May 2016
  • by Venture Planning Group

Highlights - Identifies and evaluates major business opportunities emerging in the tumor marker market during the next ten years- Examines trends in the U.S., Europe and Japan- Reviews current and emerging ...

Microbiology 2016-2020: Molecular Diagnostics, Microbia ...

May 2016 $ 22 400

2016-2020 Global Automated Microbiology Market: Supplie ...

March 2016 $ 22 400

Competing In The 2016-2020 Global Clinical Chemistry An ...

May 2016 $ 21 800

Competing In The 2016-2020 Global Infectious Disease Te ...

May 2016 $ 21 100

Infectious Diseases 2016-2020: Supplier Shares, Competi ...

May 2016 $ 21 100

Tumor Markers 2016-2020: Instrument And Reagents Suppli ...

May 2016 $ 21 100

Competing In The 2016-2020 Global Coagulation Testing M ...

May 2016 $ 21 100

Competing In The 2016-2020 Global Cancer Diagnostics Ma ...

May 2016 $ 21 100

Cancer Diagnostics 2016-2020: Emerging Tumor Markers, O ...

May 2016 $ 21 100

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.