Household expenditure on out-patient services in the US has shown a significant upward trend from 2013 to 2023, reaching a value of 1314.0 billion USD in 2023. The year-on-year growth rate exhibited substantial variability, with a notable decline in 2020 (-4.91%) during the pandemic, followed by a strong recovery in 2021 (12.65%). Over the past five years, the average CAGR has been 3.95%, demonstrating a robust long-term growth rate.

From 2024 onwards, forecasted values indicate a steady increase in expenditure, with the value projected to be 1564.1 billion USD by 2028. This suggests a forecasted 5-year CAGR of 2.76% and a total growth rate of 14.59% over this period.

Future trends to watch for include:

The impact of telemedicine and digital health innovations on out-patient services expenditure.
Changes in healthcare policies and insurance coverage affecting household spending.
Demographic shifts and aging population increasing the demand for out-patient services.