HOUSTON, Texas – Plunkett Research, Ltd. recently announced an important market research and competitive analysis report, Health Care Industry Almanac, 2018 edition. A complete market research report, including forecasts and market estimates, technologies analysis and developments at innovative firms.
Health care costs continue to rise in the U.S. Total U.S. health care expenditures were estimated to be $3.54 trillion in 2017, and are projected to soar to $5.55 trillion in 2025. Health spending in the U.S., at about 18.3% of Gross Domestic Product (GDP) in 2017, is projected to grow steadily. In addition to expected higher costs, attempts by the Trump administration to alter or outright repeal the 2010 Patient Protection and Affordable Care Act (ACA) are adding a level of uncertainty to the U.S. healthcare landscape.
Outside the U.S., a comprehensive study published by the Organization for Economic Cooperation & Development (OECD) covering more than 30 nations found stark contrasts between health costs in the United States and those of other nations. In 2016 (the latest complete data available), the average of a list that includes, for example, the UK, France, Germany, Mexico, Canada, South Korea, Japan, Australia and the U.S., spent 8.9% of GDP on health care. The highest figures in this study were in America at 17.2% of GDP, Switzerland at 12.4%, Germany at 11.3%, Sweden at 11.0%, France at 11.0%, Japan at 10.9% The Netherlands at 10.5%, and Norway at 10.5%.
Total health care expenditures around the world are difficult to determine, but $7.5 trillion would be a fair estimate for the formal health care industry for 2017. That would place health care at about 10% of global GDP, with expenditures per capita of about $1,000. This $7.5 trillion breaks down to approximately $3.5 trillion in the U.S., $3.0 trillion in non-U.S. OECD nations and $1.0 trillion elsewhere around the world.
Plunkett Research lists top 500 companies in the Health Care Industry and names the top trends changing for the mid term.
Printed Almanac: ISBN 978-1-62831-455-7 (Available Now)
E-book: ISBN 978-1-62831-795-4 (Available Now)
Key Features Include:
Industry trends analysis, market data and competitive intelligence
Market forecasts and Industry Statistics
Industry Associations and Professional Societies List
In-Depth Profiles of hundreds of leading companies
Buyer may register for free access to search and export data at Plunkett Research Online
Link to our 5-minute video overview of this industry
Statistical Tables Provided: 28
Companies Profiled: 501
Geographic Focus: Global
Key Questions Answered Include:
How is the industry evolving?
How is the industry being shaped by new technologies?
How is demand growing in emerging markets and mature economies?
What is the size of the market now and in the future?
What are the financial results of the leading companies?
What are the names and titles of top executives?
What are the top companies and what are their revenues?
This feature-rich book covers competitive intelligence, market research and business analysis—everything you need to know about the health care business including:
Major Trends and Technologies Affecting the Health Care Industry
Continued Rise in Health Care Costs
Employers Fight Rapidly Growing Health Care Premiums/Require Employees to Pay a Significant Share of Costs
Medicare and Medicaid Spending Continue to Surge/More Baby Boomers Hit 65+ Years of Age
U.S. Affordable Care Act (ACA) of 2010 Rewrote the Rules and Increased Coverage, But Costs Continue to Rise
Accountable Care Organizations (ACOs) and Hospital Mergers Result from the Affordable Care Act/Many Hospital Chains Grow Dramatically in Market Share
Concierge Care/Direct Primary Care Are on the Rise/New Twists on House Calls
Insurance Companies Change Strategies Due to Affordable Care Act (ACA) and Rapidly
Rising Costs of Care
Number of Uninsured Americans Declines But Remains High
New Blockbuster Drugs Come to Market/Drug Prices Soar
Generic Drugs Have Biggest Market Share By Unit Volume, but not by Total Revenues
Coupons and Other Marketing Schemes Obscure the Retail Prices of Drugs in the U.S.,
Which Are Vastly Higher than Prices Paid in Other Nations
Biotech and Orphan Drugs Create New Revenues for Drug Firms
Quality of Care and Health Care Outcomes Data Are Available Online, Creating a New
Level of Transparency
Malpractice Suits Are Blamed for Rising Health Care Costs/Tort Reform Is Capping Awards for Damages
Health Care Goes Offshore, Medical Tourism and Clinical Trials Continue in China, India and Elsewhere
The Outlook for Health Care Technology:
Health Care Technology Introduction
RFID Helps Manage Hospital and Pharmacy Inventories
Electronic Health Records (EHR) Digitize Patient Records at an Accelerating Pace
Telemedicine and Remote Patient Monitoring Rely on Wireless
Stem Cells—Multiple Sources Stem from New Technologies
Government Support for Stem Cell Research Evolves
Stem Cells—Therapeutic Cloning Techniques Advance
Stem Cells—A New Era of Regenerative Medicine Takes Shape
Health Care Robotics
Patients’ Genetic Profiles Plummet in Price as DNA Sequencing Technologies Advance
Advances for Cancer Patients in Chemotherapy and Radiation, Including Proton Beams
Better Imaging, including MRI, PET and 320-Slice CT, Creates Advances in Detection
Nanotechnology Makes Breakthroughs in Health Care
Artificial Intelligence (AI), Deep Learning and Machine Learning Advance into Commercial Applications, Including Health Care and Robotics
Health Care Industry Statistics
U.S. Health Care Industry Overview
U.S. Health Care Industry Statistics and Market Size Overview
Global Health Statistics, 2011-2017
Affordable Care Act Overview
Domestic & Foreign Pharmaceutical Sales, PhRMA Member Companies: 1980-2015
Employment in the Health Care Industry, U.S.: 2012- May 2017
Employment & Earnings in Health Care Practitioner & Technical Occupations, U.S.: May 2016
Employment & Earnings in Health Care Support Occupations, U.S.: May 2016
The U.S. Drug Discovery & Approval Process
U.S. FDA New Drug (NDA) and Biologic (BLA) Approvals, 2016
Federal R&D & R&D Plant Funding for National Institutes of Health, U.S.: Fiscal Years 2015-2017
U.S. Health Care Expenditures & Costs
The Nation's Health Dollar: 2017 Where It Came From (Estimated)
The Nation's Health Dollar: 2017 Where It Went (Estimated)
National Health Expenditures & Annual Percent Change, U.S.: 2009-2025
National Health Expenditures by Type of Expenditure with Affordable Care Act Impacts, U.S.: Selected Calendar Years, 2010-2025
Hospital Care Expenditures & Annual Percent Change, U.S.: 2009-2025
Nursing Home Care Expenditures & Annual Percent Change, U.S.: 2009-2025
Home Health Care Expenditures & Annual Percent Change, U.S.: 2009-2025
Prescription Drug Expenditures, U.S.: 1995-2025
Prescription Drug Expenditures & Annual Percent Change, U.S.: 2009-2025
Medicare & Medicaid
Medicare Enrollment, 1970-2091
Medicare Cost & Non-Interest Income by Source as a Percent of GDP, 1970-2091
Medicare Beneficiaries with Prescription Drug Coverage, Summary Report: July 2017
Medicaid Enrollment & Expenditures for Medical Assistance Payments & Administration:
Selected Years, 1966-2025
Medicaid Enrollment and Expenditures, by Enrollment Group: Fiscal Year 2015
U.S. Health Insurance Coverage & The Uninsured
Number & Percent of Persons of All Ages with and without Health Insurance Coverage, U.S.: 1999-2015
Employers' Costs for Health Insurance, Amount & Percent of Total Compensation, U.S.: Selected Years, 2010-2016
U.S. Vital Statistics & Population Indicators
Life Expectancy at Age 65, U.S.
Prevalence of Obesity Among Adults, by Age, Sex and Race/Ethnicity: U.S., 2016
Companies Mentioned Include:
Accredo Health Group Inc
Metropolitan Health Networks Inc
Diversicare Healthcare Services Inc