Healthcare:

An industry getting well.​

  • An aging, longer-living population drives demand.​
  • The post-pandemic resurgence will accelerate competition.​
  • Providers have new opportunities in a consumer-driven marketplace.​

Industry snapshot

$6.2T

Market

The amount national health expenditure (NHE) expected by 2028​

(Source: CMS)

$17,600+

Spending

Projected per-capita NHE by 2028, an increase of approximately 50% over 2018

(Source: CMS)

20%

Share

Pre-pandemic estimate of NHE as a percentage of GDP by 2028

(Source: CMS) ​

Projected 10-year growth in US healthcare using population

Projected 10-year growth in US national healthcare expenditure (NHE)

A fast return to ​ employment growth.​

Healthcare employment dipped during the pandemic, but not as far…and it has recovered more quickly.​

Demand for ​ non-acute ​care snaps back.​

Ambulatory services revenue declined 15% YOY in Q2 2020, but has mostly returned to trend. ​

Healthcare employment trend Jan 2015- Jul 2021

Source: Bureau of Labor Statistics​

Hospital & ambulatory healthcare services revenue 2015-2021

Source: US Census Bureau, Quarterly Services Survey​

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