healthcare consulting services
Healthcare Services

How Will The Healthcare Consulting Services Market Globally Expand In 2023?

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s healthcare consulting services market report forecasts the healthcare consulting services market size to grow to $39.77 Billion by 2027, with a CAGR (compound annual growth rate) of more than 12%.

Learn More On The Healthcare Consulting Services Market Report 2023 – https://www.thebusinessresearchcompany.com/report/healthcare-consulting-services-global-market-report

Healthcare Consulting Services Market Size Forecast
The global healthcare consulting services market is expected to grow from $21.63 billion in 2022 to $24.53 billion in 2023 at a compound annual growth rate (CAGR) of 13.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The healthcare consulting services market size is expected to grow to $39.77 billion in 2027 at a CAGR of 12.8%.

North America held the largest healthcare consulting services market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Healthcare Consulting Services Market Driver ­– Rapid Adoption Of Digitalization In Healthcare
For instance, according to the Centre for Diseases Control and Prevention article, a US-based health governing agency, in 2020, telehealth in the United States increased by 50% as compared to the year 2019. Therefore, the rapid adoption of digitalization is driving the growth of the healthcare consulting services market.

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Key Healthcare Consulting Services Market Trend – Technological Advancement
Major companies operating in the healthcare consulting services sector are focused on introducing technological innovations to sustain their position in the market. For instance, in May 2020, HSG Advisors, a US-based national healthcare consulting firm launched a Virtual Health Consulting service based on artificial intelligence. It can be used by hospitals, healthcare systems, and doctors to address the viability of implementing virtual visits with patients. It can book the appointment automatically and allocate a time slot to the patient.

Healthcare Consulting Services Market Segment
1) By Components: Software, Hardware, Services
2) By Operations: Operational Management, Financial, Clincal
3) By End User: Government Bodies, Healthcare Providers, Health Insurance Payers, Pharmaceutical And Biotechnology Companies, Medical Device Companies, Other End Users

Healthcare Consulting Services Market Major Players and Strategies
Major players in the healthcare consulting services market are Accenture PLC., Cognizant, Deloitte, McKinsey & Company, PwC, Ernst and Young, Huron Consulting Group Inc., Siemens Healthcare GmbH, Boston Consulting Group, Bain & Company Inc., IQVIA, Alvarez and Marsal, All Scripts Healthcare Solutions, FTI Consulting, and International Business Machines Corporation.

In September 2021, Accenture plc., an Ireland-based information technology company, acquired Gevity Consulting Inc. for an undisclosed amount. Through this acquisition, Accenture plc. aims to strengthen its healthcare consulting portfolio by providing health system integration services, solution implementation for healthcare challenges, providing data informatics and analytics services for healthcare institutes, and health program management in Canada and another geographical market. Gevity Consulting Inc. is a Canada-based healthcare consulting service provider.

The Healthcare Consulting Services Global Market Report 2023 covers regional data on healthcare consulting services market size, healthcare consulting services market trends and drivers, opportunities, strategies, and healthcare consulting services market competitor analysis. The countries covered in the healthcare consulting services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Healthcare consulting refers to the process of sharing expertise, giving advice, and guiding healthcare organizations. A healthcare consultant mainly focuses on common challenges in the healthcare industry, such as financial services, IT services, regulatory challenges, and others for the smooth functioning of the organization.

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