Digital Consultancy Services to Dominate The Healthcare Industry in Coming Years

What This Report Will Provide? This study involved four major activities in estimating the current size of the healthcare consulting services market. Exhaustive secondary research was carried out to collect information on the market, its peer markets, and its parent market.

The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation procedures were used to estimate the size of segments and subsegments.

Expected Revenue Growth: [110 Pages Report] The global healthcare consulting services market is expected to reach USD 15.88 billion by 2023 from USD 8.99 billion in 2017 and, at a CAGR of 10.2%.

Major Growth Boosters: Market growth is primarily driven by the growing geriatric population, the rising importance of value-based care; and technological advancements in healthcare.

This report broadly segments the healthcare consulting services market by the type of service, end user, and region. The report also contains information on market share analysis and growth opportunities in the healthcare consulting services market in various regions.

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Study Objectives: To define, describe, and forecast the healthcare consulting services market (by value) on the basis of the type of service, end user, and region

To identify micromarkets and the drivers, restraints, industry-specific challenges, opportunities, and trends affecting the growth of the market

To strategically analyze market segments and subsegments with respect to individual growth trends, prospects, and contributions to the overall market

Forecast revenue of the market with respect to four main regional segments, namely, North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America

To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players

To profile key players and comprehensively analyze their market shares and core competencies in terms of market developments and growth strategies

Key Questions Addressed in The Report: 1. Who are the top 10 players operating in the global healthcare consulting services market?
2. What are the drivers, restraints, opportunities, and challenges in the healthcare consulting services Industry?
3. What are the opportunities for stakeholders and provide details of the competitive landscape for key players?
4. What will be growth of healthcare consulting services in North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa?

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Digital Consultancy Services: The digital consulting segment accounted for the largest share of the healthcare consulting services market in 2017. Factors driving the growth of this segment include the shift from paper-based healthcare models to digital models in developed markets and increasing healthcare spending for building intelligent hospitals across the globe.

Regional Growth Analysis: The global healthcare consulting services market was dominated by North America, followed by Europe in 2017. Factors such as increasing M&A activity, pricing pressure on pharmaceutical companies are driving the growth of the healthcare consulting services market in this region. Asia Pacific, however, is estimated to register the highest CAGR during the forecast period due to the increasing need for remote care and telemedicine in rural areas in the region.