Global Market Focus on Healthcare Industry Outlook healthcare

HEALTHCARE INDUSTRY Nowadays, healthcare is the fastest growing industry that holds massive growth potential and scope for expansion. Healthcare includes all the products, services, equipment and facilities involved in the preventing, treating, and managing illness and preserving mental and physical well-being of an individual. The global healthcare market comprises several trillion dollars mainly comprises of hospitals, diagnostics, pathology, telemedicine, medical tourism, Medical Equipment and Devices, Pharmaceuticals, Biotechnology, and Health Support Services. Recently, WHO forecasted that the global expenditure on healthcare is expected to grow to $9.5 trillion in 2018 from $7.6 trillion in 2013 (at a CAGR of 4%). Healthcare industry trends The healthcare trends expected to have the greatest impact on the healthcare industry in the coming few years. Unveiling new drug pricing model in the future, consolidation and mergers will increase, Healthcare will become mobile, the cybersecurity threat will predominate large, consumer-focused medical plans will become a norm, behavioural healthcare will see increased acceptance, new strategies to deliver low-cost healthcare will be on the rise and biosimilars - biological drugs will arrive on the scene are few major upcoming trends of healthcare industry. Major Industry Challenges: Globally, all health economies are facing similar challenges. The arrival of new technology for the consumers is introducing even more challenges. However, major challenges of the health care industry include rising costs, changing demographics, urban-rural disparity filling the resource gap, easy access, industry changing healthcare reform, rapid increasing ageing population and higher healthcare demand or developing countries. Major Industry Players: The top ten healthcare industries of the world include UnitedHealth Group, Medtronic, Abbott, Express Scripts, Thermo Fisher Scientific, McKesson, Aetna, Stryker and Cardinal Health. About us: IngeniousReports provides you the one-stop solution platform for all your market research pain areas. We partner with leading publishers of Market Intelligence and Technology Intelligence reports worldwide. We provide market research reports to all the industries, individuals and organizations with an objective of assisting them in taking the strategic business decision and grow their revenues. Connect with us at: [phone] [email protected] http://www.ingeniousreports.com/industry/healthcare-market-reports