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The healthcare consulting services industry is competitive in nature, with various large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel services with improved advancements are key market strategies for healthcare consulting services firms, driving competition and innovation in the industry. This emphasis on innovation aims to address evolving clinical needs, manage and reduce the cost healthcare facilities and enhance patient outcomes, positioning companies to gain market share and meet the growing demand for advanced healthcare consulting services.
Some of the eminent market participants operating in the healthcare consulting services industry include:
Healthcare consulting services industry from the strategy consulting segment reached USD 6.3 billion in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to technological advancements, evolving regulations, changing patient demographics, and market consolidation.
Healthcare consulting services market size was USD 25.3 billion in 2023 and is expected to register 10% CAGR from 2024-2032 owing to the increased healthcare spending and investment in research and development (R&D), propelling the demand for expert advisory services worldwide.
North America healthcare consulting services industry recorded USD 11 billion in 2023 and is expected to register a commendable CAGR from 2024-2032 due to continuously evolving healthcare regulations, such as the Affordable Care Act (ACA) and the need for compliance in the region.
Huron Consulting Group Inc. and affiliates., IQVIA Inc., KPMG International Limited, L.E.K. Consulting, McKinsey & Company, NTT DATA Group, Oliver Wyman, and PricewaterhouseCoopers International Limited, are some of the major healthcare consulting services companies worldwide.