Business Analysis, Market Size and Industry Video

Health Care OVERVIEW

     Health Expenditures and Services in the U.S.:Health care costs continue to rise in the U.S. and throughout the developed world.
     Total U.S.
    health care expenditures were estimated to be $3.35 trillion in 2016, and are projected to soar to $3.78 trillion in 2018.
    The health care market in the U.S.
    in 2016 included the major categories of hospital care ($1,067.3 billion), dental physician and clinical services ($881.8 billion), prescription drugs ($453.6 billion), along with nursing home and home health care ($261.5 billion).
     Registered U.S.
    hospitals totaled 5,627 properties in 2014, according to an American Hospital Association survey, containing 902,202 beds serving 34.9 million admitted patients yearly (the latest data available).
    Medicare, the U.S. federal government's health care program for Americans 65 years or older, provided coverage to an estimated 57.1 million seniors in 2016.
     National expenditures on Medicare for fiscal 2016 were projected to be $681.3 billion, including premiums paid by beneficiaries.
     By 2030, the number of people covered by Medicare will balloon to about 82 million due to the massive number of aging Americans who will become of eligible age.
    Medicaid is the federal government's health care program for low-income and disabled persons (including children), as well as certain groups of seniors in nursing homes.
     National expenditures on Medicaid totaled an estimated $577.7 billion in 2016.
     The majority of that expense is paid for by the federal


Industry Statistics

Top Companies Profiled

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Industry Trends Analyzed Include: