The  healthcare market Industry was estimated to be USD 19,507 billion in 2022, with a projected growth to USD 38,021 billion by 2030, representing a compound annual growth rate (CAGR) of 8.7% during the forecast period from 2023 to 2030.

In the realm of healthcare, the market's magnitude reached an impressive USD 19,507 billion in 2022. However, this figure is set to soar even higher, as it is expected to reach a staggering USD 38,021 billion by the year 2030. Such exponential growth is anticipated to occur at a remarkable compound annual growth rate (CAGR) of 8.7% throughout the forecast period spanning from 2023 to 2030. This projected growth is driven by advancements in technology and increasing global demand for innovative solutions.

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KEY MARKET SEGMENTATION

Pharmaceuticals, by Type

• Production and distribution of prescription
• Over-the-counter drug
• Biologics
• Others

Healthcare Services, by Types

• Hospitals
• Clinics
• Nursing homes
• Other facilities that provide medical care to patients

Medical Devices, by Types

• MRI machines
• Pacemakers
• Surgical instruments
• Diagnostic equipment
• Others

Biotechnology, by Types

• Development of new drugs
• Therapies
• Medical technologies
• Others

Pharmacy and Retail, by Types

• Pharmacies
• Drugstores
• Retail outlets
• Others

Home Healthcare, by Types

• Home nursing
• Medical equipment
• In-home monitoring
• Others

Diagnostics, by Types

• Medical imaging
• Blood tests
• Genetic testing
• Others

Health and Wellness, by Types

• Fitness
• Nutrition
• Wellness products and services

Key players

Key Players by Pharmaceuticals – Pfizer, Novartis, Merck & Co., Roche, GSK, Sanofi, Johnson & Johnson, AstraZeneca, AbbVie, and Others.

Key Players by Healthcare Services - UnitedHealth Group, Medtronic plc, GE HealthCare, McKesson, Abbott Laboratories, Johnson & Johnson, Philips, Pfizer, CVS Health Payor Solutions, and Others.

Key Players by Medical Devices- Abbott, Medtronic, Johnson & Johnson, Siemens Healthineers, Fresenius Medical Care, Becton Dickinson & Company, GE Healthcare, Stryker, Philips, Cardinal Health, and Others.

Key Players by Biotechnology- Eli Lilly 1LLY, Novo Nordisk 2NVO, Johnson & Johnson, Merck, AbbVie, Roche, AstraZeneca, Novartis, Thermo Fisher Scientific, Amgen, and Others.

Key Players by Pharmacy and Retail- Cardinal Health, Inc, Wal-Mart Stores, Inc., McKesson Corporation, CVS Health Corporation, Walgreens Boots Alliance, and Others.

Key Players by Diagnostics- Thermo Fisher Scientific, IDEXX Laboratories, SGS, Quest Diagnostics, Revvity, Exact Sciences, bioMérieux, Eurofins Scientific, Bruker, Sonic Healthcare, and Others.

Key Players by Health and Wellness- Amway Corporation, Bayer AG, Danone S.A., David Lloyd Leisure Ltd., Curefit Healthcare Pvt. Ltd., Herbalife International of America, Inc., Letterone Investment Holdings S.A., L’Oreal S.A., Nestle S.A., The Procter & Gamble Company, and Others.

Table of Contents  

1.Introduction

2.Research Methodology

3.Market Dynamics

4.Impact Analysis

4.1COVID-19 Impact Analysis

4.2.Impact of Ukraine- Russia war

4.3.Impact of Ongoing Recession on Major Economies

5.Value Chain Analysis

6.Porter’s 5 Forces Model

7.PEST Analysis

8.HealthcareMarket, By Type

9.Regional Analysis

10.Company Profile of the Global Healthcare Market

11.Competitive Landscape

12.USE Cases and Best Practices

13.Conclusion

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