Healthcare expenditure on preventive care is projected to grow significantly from 2024 to 2028. In 2024, the expenditure is forecasted at 20.68% of total current health expenditure (TCHE), increasing to 24.65% in 2025, 28.6% in 2026, 32.53% in 2027, and 36.44% in 2028. Year-on-year growth rates are 19.19% for 2025, 16.03% for 2026, 13.73% for 2027, and 12.03% for 2028, with a compound annual growth rate (CAGR) of 14.80% over the five years.
Future Trends: Future trends to watch include increasing investments in preventive healthcare technologies, governmental policies prioritizing preventive care, and a possible shift in healthcare provider strategies to encompass holistic preventive measures. These factors could further accelerate growth in preventive care expenditure.
