Forecast: Health Expenditure Per Capita in the US

The US health expenditure per capita in 2023 was slightly below 11.45 thousand US Dollars PPP. As we move into the forecast period from 2024 to 2028, there is a projected steady increase in health expenditure, with a rise from 11.45 to 12.17 thousand US Dollars PPP. The year-on-year growth rates are expected to show incremental increases, indicating a consistent upward trend over the next five years. This trajectory results in a compound annual growth rate (CAGR) that highlights moderate but stable growth in health expenditure per capita.

Future trends to watch include the impacts of inflation, changes in healthcare policy, technological advancements, and demographic shifts. These factors could influence both the rate of expenditure growth and the allocation of healthcare resources within the US market.