Health Care Industry Market Research


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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 $3.24 trillion in 2015, and are projected to soar to $3.78 trillion in 2018. The health care market in the U.S.
    in 2015 included the major categories of hospital care ($1,031.1 billion), physician and clinical services ($640.3 billion), dental services ($119.1 billion) and prescription drugs ($328.4 billion), along with nursing home and home health care ($253.6 billion).
    Registered U.S.
    hospitals totaled 5,723 properties in 2013, according to an American Hospital Association survey, containing 914,513 beds serving 35.4 million admitted patients during the year (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 55.8 million seniors in 2015.
    National expenditures on Medicare for fiscal 2014 were projected to be $646.0 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 $544.5 billion in 2015.
    The majority of that expense


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