The Health Care and Social Assistance Gross Output in the US is forecasted to grow from $2.9179 trillion in 2024 to $3.1677 trillion in 2028. In 2023, the value stood at $2.855 trillion. From 2024 to 2025, the year-on-year variation is 2.21%. Between 2025 and 2026, the growth is forecasted to be 2.11%. From 2026 to 2027, the increase is projected at 2.03%, and from 2027 to 2028, the growth is expected to be 1.94%. Over the five-year period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) is approximately 2.08%.
Future trends to watch for in the health care and social assistance sector include the growing need for digital health solutions, the increasing demand for elder care services due to an aging population, and shifts in healthcare policies that could impact funding and resource allocation. Additionally, advances in medical technology and the integration of artificial intelligence in healthcare delivery are poised to drive significant changes in this sector.
