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Global Healthcare Consulting Market Share, Size, Forecast: By Services: Healthcare IT Consulting, Finance, Operations, and General Management, Strategy Consulting, HR and Talent Consulting, Marketing and Sales, Others; By End User: Pharmaceutical Companies, Hospitals, Others; Regional Analysis; Supplier Landscape; 2024-2032
Global Healthcare Consulting Market Outlook
The global healthcare consulting market value was USD 24.62 billion in 2023, driven by the increasing demand for healthcare services across the globe. The market size is anticipated to grow at a CAGR of 13.8% during the forecast period of 2024-2032 to achieve a value of USD 76.29 billion by 2032.
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North America to Hold a Significant Share in the Market Growth of Healthcare Consulting
North America is expected to hold a significant share in the healthcare consulting market over the coming years owing to the high presence of major market players. These include IBM Corporation, Cognizant Technology Solutions Corporation, and Bain & Company, Inc., among others. There is also high competition in the pharmaceutical and medical industry in the region.
An increase in the adoption of IT systems coupled with government support and surging IT infrastructure is likely to bolster the market growth across North America. With a strong economy and an increase in consulting spending in the country, the United States is likely to fuel the market growth in the upcoming years.
Meanwhile, the Asia Pacific is anticipated to register substantial growth in the market due to the developed healthcare system of Japan. Other contributing factors are the surging demand for innovative technology to maintain the data and deliver effective and efficient solutions to consumers.
Market Segmentation
Healthcare consulting is a specialised service where professionals of the industry provide guidance to medical organisations, government bodies, and hospitals on optimising their operations. The consulting is provided by specialists that have a detailed background on the applicable laws, any additional regulations, and requisite policies in that particular healthcare niche. The guidance is based on helping the healthcare sector make decisions that benefits all shareholders, including the patients, customers, and healthcare personnel.
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By type of services, the healthcare consulting market is divided into:
- Healthcare IT Consulting
- Finance, Operations, and General Management
- Strategy Consulting
- HR and Talent Consulting
- Marketing and Sales
- Others
Based on end use, the market is categorised into:
- Pharmaceutical Companies
- Hospitals
- Insurance Companies
- Government Organizations
- Other Healthcare Providers
The EMR report looks into the regional markets of healthcare consulting like Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa.
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Growing Healthcare Infrastructure to Fuel the Market Growth of Healthcare Consulting
The increasing investments by governments of emerging countries to modernise healthcare infrastructure is expected to bolster the growth of the healthcare consulting market across the globe during the forecast period. The growing adoption of analytics and cloud services, surging demand to reduce the rising costs of healthcare, and rising levels of digitisation in healthcare are further projected to propel the market demand.
The rising prevalence of chronic diseases like diabetes and cancer, among others in emerging countries. is likely to provide considerable opportunities for the market growth of healthcare consulting. Based on end use, the healthcare providers segment is expected to drive the market growth on account of the continuous growth in the patient volumes and significant transformations in the healthcare industry including technological advancements.
Key Players in the Global Market for Healthcare Consulting
The report presents a detailed analysis of the following key players in the global market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Accenture plc
- McKinsey & Company
- Deloitte Touche Tohmatsu Limited
- PricewaterhouseCoopers International Limited (PwC)
- Siemens Healthineers
- Huron Consulting Group Inc.
- Cognizant Technology Solutions Corporation
- Ernst & Young Global Limited
- Bain & Company, Inc.
- Boston Consulting Group
- IQVIA, Inc.
- Siemens Healthineers
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Services |
|
| Breakup by End User |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Supplier Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Healthcare Consulting Market Overview
3.1 Global Healthcare Consulting Market Historical Value (2017-2023)
3.2 Global Healthcare Consulting Market Forecast Value (2024-2032)
4 Global Healthcare Consulting Market Landscape
4.1 Global Healthcare Consulting Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Healthcare Consulting Service Landscape
4.2.1 Analysis by Services
4.2.2 Analysis by End User
5 Global Healthcare Consulting Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
6 Global Healthcare Consulting Market Segmentation
6.1 Global Healthcare Consulting Market by Services
6.1.1 Market Overview
6.1.2 Healthcare IT Consulting
6.1.3 Finance, Operations, and General Management
6.1.4 Strategy Consulting
6.1.5 HR and Talent Consulting
6.1.6 Marketing and Sales
6.1.7 Others
6.2 Global Healthcare Consulting Market by End User
6.2.1 Market Overview
6.2.2 Pharmaceutical Companies
6.2.3 Hospitals
6.2.4 Insurance Companies
6.2.5 Government Organizations
6.2.6 Other Healthcare Providers
6.3 Global Healthcare Consulting Market by Region
6.3.1 Market Overview
6.3.2 North America
6.3.3 Europe
6.3.4 Asia Pacific
6.3.5 Latin America
6.3.6 Middle East and Africa
7 North America Healthcare Consulting Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Healthcare Consulting Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Healthcare Consulting Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America Healthcare Consulting Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Healthcare Consulting Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Partnerships and Collaborations Analysis
12.1 Analysis by Partnership Instances
12.2 Analysis by Type of Partnership
12.3 Analysis by Leading Players
12.4 Analysis by Geography
13 Supplier Landscape
13.1 Accenture plc
13.1.1 Financial Analysis
13.1.2 Product Portfolio
13.1.3 Demographic Reach and Achievements
13.1.4 Mergers and Acquisitions
13.1.5 Certifications
13.2 McKinsey & Company
13.2.1 Financial Analysis
13.2.2 Product Portfolio
13.2.3 Demographic Reach and Achievements
13.2.4 Mergers and Acquisitions
13.2.5 Certifications
13.3 Deloitte Touche Tohmatsu Limited
13.3.1 Financial Analysis
13.3.2 Product Portfolio
13.3.3 Demographic Reach and Achievements
13.3.4 Mergers and Acquisitions
13.3.5 Certifications
13.4 PricewaterhouseCoopers International Limited (PwC)
13.4.1 Financial Analysis
13.4.2 Product Portfolio
13.4.3 Demographic Reach and Achievements
13.4.4 Mergers and Acquisitions
13.4.5 Certifications
13.5 L.E.K. Consulting
13.5.1 Financial Analysis
13.5.2 Product Portfolio
13.5.3 Demographic Reach and Achievements
13.5.4 Mergers and Acquisitions
13.5.5 Certifications
13.6 Huron Consulting Group Inc.
13.6.1 Financial Analysis
13.6.2 Product Portfolio
13.6.3 Demographic Reach and Achievements
13.6.4 Mergers and Acquisitions
13.6.5 Certifications
13.7 Cognizant Technology Solutions Corporation
13.7.1 Financial Analysis
13.7.2 Product Portfolio
13.7.3 Demographic Reach and Achievements
13.7.4 Mergers and Acquisitions
13.7.5 Certifications
13.8 Ernst & Young Global Limited
13.8.1 Financial Analysis
13.8.2 Product Portfolio
13.8.3 Demographic Reach and Achievements
13.8.4 Mergers and Acquisitions
13.8.5 Certifications
13.9 Bain & Company, Inc.
13.9.1 Financial Analysis
13.9.2 Product Portfolio
13.9.3 Demographic Reach and Achievements
13.9.4 Mergers and Acquisitions
13.9.5 Certifications
13.10 Boston Consulting Group
13.10.1 Financial Analysis
13.10.2 Product Portfolio
13.10.3 Demographic Reach and Achievements
13.10.4 Mergers and Acquisitions
13.10.5 Certifications
13.11 IQVIA, Inc.
13.11.1 Financial Analysis
13.11.2 Product Portfolio
13.11.3 Demographic Reach and Achievements
13.11.4 Mergers and Acquisitions
13.11.5 Certifications
13.12 Siemens Healthineers
13.12.1 Financial Analysis
13.12.2 Product Portfolio
13.12.3 Demographic Reach and Achievements
13.12.4 Mergers and Acquisitions
13.12.5 Certifications
14 Key Opinion Leaders (KOL) Insights (Additional Insight)
15 Company Competitiveness Analysis (Additional Insight)
15.1 Very Small Companies
15.2 Small Companies
15.3 Mid-Sized Companies
15.4 Large Companies
15.5 Very Large Companies
*Additional insights provided are customisable as per client requirements.
Key Questions Answered in the Report
The healthcare consulting Market was valued at USD 24.62 billion in 2023.
The market is expected to grow at a CAGR of 13.8% from 2024 to 2032 to reach a value of USD 76.29 billion by 2032.
The major market drivers are constantly changing regulatory guidelines in the healthcare industry and increasing patient populations.
The key market trends at a global level include the rapid growth healthcare industry and the increasing prevalence of chronic diseases.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various types of services of healthcare consulting in the market include healthcare IT consulting, finance, operations, and general management, strategy consulting, HR and talent consulting, and marketing and sales, among others.
The various end uses in the market include government bodies, healthcare providers, and pharmaceutical and biotechnology companies, among others.
The major players in the market are IBM Corporation, Accenture plc, Deloitte Touche Tohmatsu Limited, Cognizant Technology Solutions Corporation, Siemens Healthineers, and Bain & Company, Inc., among others.
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