Product Code: CMI6949
The global healthcare consulting services market is estimated to be valued at USD 30.53 Bn in 2024 and is expected to reach USD 57.49 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 9.5% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 30.53 Bn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: |
9.50% |
2031 Value Projection: |
US$ 57.49 Bn |
Figure. Healthcare Consulting Services Market Share (%), By Region, 2024
The global healthcare consulting services market is witnessing strong growth supported by rising demand for improving healthcare infrastructure and quality of patient care. Healthcare consulting helps organizations enhance operational efficiency, optimize costs, and comply with regulatory requirements. Various factors such as growing geriatric population, increasing prevalence of chronic diseases, and advancement of digital health technologies are fueling the need for consultancy in strategic planning, financial management, and technology integration. Healthcare consultancies guide projects from planning to implementation to help hospitals, physicians, and insurers deliver high quality and affordable treatment. The market is expected to expand significantly in the coming years as quality, accessibility and affordability remain top priorities for nations worldwide.
Market Dynamics:
The global healthcare consulting services market is driven by factors such as increasing healthcare costs, rise in geriatric population, growing prevalence of chronic diseases, and favorable government initiatives. However, budgetary constraints in implementing consulting recommendations and lack of skilled professionals are projected to restraint the market growth. Some of the emerging opportunities in the market include growing demand for value-based reimbursement models, increase in healthcare IT adoption, and need for operational efficiency. Based on service type, digital consulting segment is estimated to register robust growth due to increasing need for big data analytics, tele-health, and mobile health solutions. North America dominated the market and is expected to retain its leading position throughout the forecast period due to advancements in healthcare IT and presence of major market players. Asia Pacific exhibits lucrative prospects for consulting companies because of ongoing healthcare reforms, rising medical tourism, and improving access. The key players adopt strategies like mergers, acquisitions, and collaborations to strengthen their market share and product portfolio.
Key Features of the Study:
- This report provides an in-depth analysis of the global healthcare consulting services market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global healthcare consulting services market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this includes Bain & Company, Inc., IQVIA, Inc., Boston Consulting Group, Accenture, McKinsey & Company, Deloitte , PwC, L.E.K. Consulting, Huron Consulting Group Inc., Cognizant, Simon-Kucher & Partners, PayrHealth, KPMG , ZS Associates, and EY Parthenon
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global healthcare consulting services market caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global healthcare consulting services market
Detailed Segmentation-
- By Service Type:
- Strategic Management Consulting
- Financial Management Consulting
- Information Technology Consulting
- Human Resource Consulting
- Others
- By End User:
- Pharmaceutical Companies
- Healthcare Providers
- Government Bodies
- Healthcare Payers
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Company Profiles:
- Bain & Company, Inc.
- IQVIA, Inc.
- Boston Consulting Group
- Accenture
- McKinsey & Company
- Deloitte
- PwC
- E.K. Consulting;
- Huron Consulting Group Inc.
- Cognizant
- Simon-Kucher & Partners
- PayrHealth
- KPMG
- ZS Associates
- EY Parthenon
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Service Type
- Market Snapshot, By End User
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Impact Analysis
- Market Trends
- Key Developments
- Regulatory Scenario
- Acquisitions and Partnerships Scenario
- Funding and Investments
- PEST Analysis
- Porter's Analysis
4. Global Healthcare Consulting Services Market - Impact of Coronavirus (COVID-19) Pandemic
- Overall Impact
- Government Initiatives
- COVID-19 Impact on the Market
5. Global Healthcare Consulting Services Market, By Service Type, 2019 - 2031, (USD Bn)
- Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Strategic Management Consulting
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Financial Management Consulting
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Information Technology Consulting
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Human Resource Consulting
- Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
6. Global Healthcare Consulting Services Market, By End User, 2019 - 2031, (USD Bn)
- Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Pharmaceutical Companies
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Healthcare Providers
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Government Bodies
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Healthcare Payers
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
7. Global Healthcare Consulting Services Market, By Region, 2019 - 2031, (USD Bn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2031
- Regional Trends
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019 - 2031, (USD Bn)
- North Africa
- Central Africa
- South Africa
8. Competitive Landscape
- Company Profiles
- Bain & Company, Inc.*
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- IQVIA, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Boston Consulting Group
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Accenture
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- McKinsey & Company
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Deloitte
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- PwC
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- L.E.K. Consulting
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Huron Consulting Group Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Cognizant
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Simon-Kucher & Partners
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- PayrHealth
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- KPMG
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- ZS Associates
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- EY Parthenon
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Product Portfolio
9. Analyst View
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. References and Research Methodology
- References
- Research Methodology
- About us and Sales Contact