Press release
Primary Health Care Service Market Outlook, Opportunities, and Strategies 2024-2033: Strategic Perspectives
"The new report published by The Business Research Company, titled ""Primary Health Care Service Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the primary health care service market size has grown strongly in recent years. It will grow from $407.38 billion in 2023 to $430.65 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The primary health care service market size is expected to see strong growth in the next few years. It will grow to $540.31 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%.
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Role Of Preventive Care In Expanding The Primary Health Care Service Market
The rising emphasis on preventive care is expected to propel the growth of the primary health care service market going forward. Preventive care encompasses healthcare services and interventions aimed at preventing disease, detecting health conditions early, and promoting overall health and well-being. The increasing focus on preventive care within primary health care services indicates a deliberate move towards proactive management of healthcare to lower healthcare expenses and enhance long-term health results. Investing in preventive care within primary health care services is essential for reducing healthcare costs, improving health outcomes, and promoting long-term sustainability. For instance, in March 2024, according to a report published by Eurostat, a Luxembourg-based government statistical agency, in 2021, preventive healthcare spending in the EU rose by 88.2% compared to 2020, reaching 0.65% of GDP, with immunization programs accounting for a significantly increased share of overall preventive care expenditure, climbing from 13.7% in 2020 to 29.1% in 2021. Therefore, the rising emphasis on preventive care is driving the growth of the primary health care service market.
Innovation In Primary Healthcare With The Rise Of Virtual Care Solutions
Major companies operating in the primary health care service market are focusing on developing digital telehealth platforms, such as virtual care solutions, to enhance patient access, improve care coordination, and streamline healthcare delivery. A virtual care solution refers to a healthcare service that offers primary care consultations, diagnosis, treatment, and management remotely, typically through digital platforms such as video calls, chat interfaces, or phone calls. For instance, in May 2022, CVS Health Corporation., a US-based healthcare company, launched CVS Health Virtual Primary Care, a new virtual care solution available through a single digital platform. This innovative solution offers unique features such as seamless integration of telemedicine consultations, personalized health management plans, and convenient medication delivery services, all accessible through a single user-friendly digital platform.
The primary health care service market covered in this report is segmented -
1) By Service: Injury, Preventive Care, Chronic Conditions, Acute Conditions, Pre Or Post-Surgery
2) By Mode Of Consultation: Virtual, Physical
3) By Age Group: Infants, Pediatrics, Adults, Geriatrics
4) By Provider: Hospitals, Clinics, Outpatient Department, Other Providers
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Major companies operating in the primary health care service market are UnitedHealth Group, CVS Health Corporation, Centene Corporation, Kaiser Permanente, Humana Inc., HCA Healthcare, Ascension Health, Providence Health & Services, Tenet Healthcare, Mayo Clinic, AdventHealth, Sutter Health, Intermountain Healthcare, Mount Sinai Health System, Cleveland Clinic Foundation, Dignity Health , Baylor Scott & White Health, Cedars-Sinai Medical Center, Cerner Corporation, Trinity Health Corporation, Massachusetts General Hospital, Arthrex Inc., Apollo Hospitals Enterprise Limited, UCSF Health , Primary Health Care Corporation
Contents of the report:
1. Executive Summary
2. Primary Health Care Service Market Report Structure
3. Primary Health Care Service Market Trends And Strategies
4. Primary Health Care Service Market - Macro Economic Scenario
5. Primary Health Care Service Market Size And Growth
…..
27. Primary Health Care Service Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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