Business Analysis, Market Size and Industry Video

Health Care OVERVIEW

     Health Expenditures and Services in the U.S.:Health care expenditures continue to rise in the U.S.
    and throughout the world.
     Total U.S.
    health care expenditures were estimated to be $3.68 trillion in 2018, and are projected to soar to $5.70 trillion in 2026.
    The health care market in the U.S.
    during 2018 included the major categories of hospital care ($1,189.9 billion); dental, physician and clinical services ($969.9 billion); and prescription drugs ($360.2 billion), along with nursing home and home health care ($277.4 billion).
     Registered U.S.
    hospitals totaled 5,534 properties in 2016, according to an American Hospital Association survey, containing 894,574 beds serving 35.2 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 59.9 million seniors during 2018.
     National expenditures on Medicare for fiscal 2018 were projected to be $748.1 billion, including premiums paid by beneficiaries and health care costs covered by Medicare.
     By 2030, the number of people covered by Medicare will balloon to about 82 million due to the massive number of 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 $622.0 billion in 2018.
     The majority of that expense


Industry Statistics

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