The global healthcare consulting services market is projected to grow at a CAGR of 6.63% to reach US$13.523 billion by 2024, from US$9.200 billion in 2018. Healthcare consulting services refer to financial planning, operations management, marketing strategy, HR planning and facility planning services among other services which is focused on the upgradation of the healthcare system in order to improve the efficiency and productivity. This indirectly helps in improving the patient care. The growing global geriatric population, prevalence of chronic diseases worldwide, and technological advancements in the healthcare industry are driving the growth of the global healthcare consulting services market in the forecast period. Also, rising health awareness and growing importance of value-based care will further emanate the market growth in the upcoming years. Geographically, North America is expected to hold a major market share, followed by the Asia Pacific region to be the fastest growing market for healthcare consulting services during the forecast period.
Prevalence of chronic diseases worldwide.
Growing geriatric population.
Technological advancements in the healthcare industry.
Growing health awareness
Growing importance of value-based care
On May 2019, Accenture announced that it has completed the acquisition of Enterprise System Partners (ESP) which provides consulting and manufacturing services to the life sciences industry. ESP is headquartered in Cork, Ireland.
Major industry players profiled as part of the report are Deloitte Touche Tohmatsu Limited, McKinsey & Company, Accenture, Huron Consulting Group Inc. and affiliates, PwC, Ernst & Young Global Limited, Boston Consulting Group, Bain & Company, KPMG, and Cognizant.
The global healthcare consulting services market has been analyzed through following segments:
Life Science Companies
Middle East and Africa