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Scope of Business

The healthcare industry is worth $808 billion in the United States as of 2021. 65% of the industry's revenue comes from patient care

According to DataBridge Market Research, the health insurance market is growing at a Compound annual growth rate of 4.4%. It’s expected to reach $2.259 trillion by 2027

Hospital Care (31 percent share): Spending for hospital care services increased 4.4 percent in 2021 to reach $1.3 trillion

Physician and Clinical Services (20 percent share): Spending on physician and clinical services increased 5.6 percent to $864.6 billion in 2021

Average per staff cost in United States is $3000; wherein average cost per staff in India is $1200

The 4 main sectors in the healthcare industry are:

  1. ) Health care services and facilities
  2. ) Medical devices, equipment, and hospital supplies manufacturers
  3. ) Medical insurance, medical services, and managed care
  4. ) Pharmaceuticals & related segments