When it comes to your health, you trust doctors and nurses with years of specialized training and experience – they’re professionals. You don’t put your life in the hands of a random stranger on the internet. Why should your business be any different? Whether you’re keeping a preventative eye on your investments or getting help when something’s gone wrong, you can trust Freedonia’s decades of experience analyzing the healthcare industry and, more broadly, the life sciences sector.
The US healthcare market was valued at $4.8 trillion in 2022, up 8% from 2021. The market typically features a low degree of volatility – the necessity of many medical treatments, consistency in population growth and epidemiological trends, and significant funding from government programs temper year-to-year fluctuations. However, the COVID-19 pandemic, supply chain snarls, labor shortages, and associated high inflation have disrupted this reality.
The pandemic didn’t lead to the invention of telehealth services (also called telemedicine, video doc, or virtual visit), but it did drive their rapid and widespread adoption. These services have a dual effect on healthcare trends:
This aligns with the healthcare sector’s general goal of reducing patient time in facilities – to both reduce the risk of acquired infections and service costs – and healthcare providers would do well to continue encouraging this use even after pandemic-era fear of facility visits declines.
The pet medications market, 2020 and 2021 were boom years, but the market’s lackluster 3.7% growth during 2022 is actually indicative of unit sales losses stemming from higher prices, fewer veterinary visits, and a declining dog population.
This report forecasts to 2023 and 2027 revenues for US electronic health records (EHRs) in nominal US dollars.
This report forecasts US pet supplement retail sales in nominal US dollars for 2023-2027.
The report provides an in-depth examination of the CBD market, following trends in regulation, consumer perceptions, new product development, and marketing.
This report forecasts to 2023 and 2027 US healthcare insurance coverage in terms of number of persons insured and uninsured, and healthcare insurance revenues in nominal US dollars.
This report forecasts to 2023 and 2027 US demand for disposable diapers in nominal US dollars at the retail level and volume.
This report forecasts for 2022 and 2026 US field crop seed planted in metric tons.
This report forecasts to 2022 and 2026 US contacts, glasses, and sunglasses demand and shipments in nominal US dollars at the manufacturer level.
Demand for disposable medical supplies in the United States is forecast to rise 3.6% annually to $74.3 billion in 2026.
This report forecasts to 2026 US disposable medical supplies demand and shipments in nominal US dollars at the wholesale level.