In 2023, the worldwide healthcare consulting services market recorded a revenue of USD 31.7 billion. Forecasts predict a robust compound annual growth rate (CAGR) of 11.4% from 2024 to 2030, ultimately reaching a projected value of USD 66.6 billion by 2030.
This can be credited to the growing rate of healthcare digitalization, brand positioning, aggressive marketing, and acceptance of new techs in medical sciences. Furthermore, the positive changes in the healthcare IT landscape because of the robust backing by the government in emerging nations boost the industry.
The industry for consulting facilities is growing mainly because of the fast acceptance of digitalization. Furthermore, key companies offering healthcare services are focusing on bringing technical improvements for offering precise and competitive data to healthcare providers.
The digital health consulting category will advance at the fastest rate during the forecast period. This is mainly because of the acceptance of new techs in the medicinal field, mainly digital solutions over paper-based administrative methods in developed nations.
In 2023, the North American region has experienced the largest share, of approximately 45%, and it is projected to show a strong CAGR during the forecast period. This is mainly because of the ample government funding for the making of nationwide and state-wide healthcare data exchanges, and also the increasing acceptance of healthcare IT solutions.
Moreover, the high acceptance of digital solutions by public healthcare agencies, biotechnology & pharmaceutical businesses, hospitals, and other related establishments makes the region lucrative for healthcare consulting businesses.
