Global healthcare consulting services industry expected to reach $41.2 billion by 2026

DUBLIN, January 19, 2022 /PRNewswire/ — The “Healthcare Consulting Services Market by Service Type (Digital Health, IT, Operations, Strategy, Finance, HR, and Talent), End User (Government Agencies, Healthcare Providers, Pharmaceutical and Biotech Companies), and Region – Global forecasts until 2026″ report has been added to from offer.

The Global Healthcare Consulting Services Market is Expected to Reach $41.2 billion by 2026 from $23.9 billion in 2021 at a CAGR of 11.5% over the forecast period.

Healthcare consulting firms specialize in providing consulting services to businesses in the healthcare industry in areas such as finance, accounting, marketing, insurance, healthcare management, billing, coding, regulation and compliance, healthcare standards and many other similar areas. The growth of the healthcare consulting services market can be majorly attributed to the growing budget cuts, rising pricing pressure, changing healthcare policies/regulations and increasing technological disruption in the healthcare industry. healthcare that resulted in a partnership between healthcare providers, payers and life. scientific enterprises with health care consulting firms.

However, the hidden costs of consulting services and data privacy concerns are likely to challenge the growth of the market in the coming years.

The operational consulting segment will hold the largest share of the healthcare consulting services market

Based on the type of service segment, the healthcare consulting services market is segmented into digital health consulting, IT consulting, strategy consulting, operational consulting, financial consulting, and human resources and talent consulting. The operations consulting segment accounted for the largest market share of 22.8% in 2020. The large share of this segment can be attributed to the transition of the healthcare industry from a fee-for-service model to a coordinated care model, leading to increased reliance on operations. consultants.

Healthcare providers will be the fastest growing end-user segment in the healthcare consulting services market

Based on end-user segment, the healthcare consulting services market is segmented into government agencies, healthcare providers, health insurance payers, pharmaceutical and biotechnology companies, and medical device companies. The healthcare provider segment is expected to witness the highest CAGR of 12.2% during the forecast period. The healthcare industry is undergoing significant transformation, with ever-changing regulatory guidelines and technological advancements, which is a significant factor driving the demand for healthcare consultants among hospitals and physician groups.

The United States will be the most important country for healthcare consulting services in North America

North America is expected to account for the largest share of 46.8% of the global healthcare consulting services market in 2021, followed by Europe (27.3%) and the rest of the world (17.5%). The US healthcare provider industry is constantly challenged by industry-wide reforms. In order to achieve clinical, financial and operational return on investment, healthcare organizations must be strategic in their selection, implementation and use of digital and IT systems. This has led various healthcare organizations to partner with healthcare consulting firms for the implementation, maintenance and training of these systems/solutions to improve organizational performance and drive growth. of the company.

Main topics covered:

1. Introduction

2 Research methodology

3 Executive Summary

4 premium previews
4.1 Healthcare Consulting Services: Market Overview
4.2 North America Healthcare Consulting Services Market, by Service Type, 2020
4.3 Healthcare Consulting Services Market, by End User, 2021 vs. 2026
4.4 Healthcare Consulting Services Market, by Region

5 Market Overview
5.1 Presentation
5.2 Market Dynamics
5.2.1 Drivers Growing Rate of Digitization in Healthcare Increasing Adoption of Big Data Analytics, IoT and Cloud Deployment in Healthcare Industry Changing Healthcare Landscape with Respect to Regulatory Compliance and Technological Evolution Decrease in number of in-house experts in end-use industries Increasing Level of Government Support for Hcit Solutions Growing need for structural changes and new business models in healthcare Increase in the number of patients suffering from various chronic and infectious diseases Growing need for data security Growing pressure to reduce rising healthcare costs
5.2.2 Constraints Increase in Data Privacy Concerns Increase in number of hidden costs of consulting services
5.2.3 Opportunities Growing Demand for Cloud Consulting Growing Potential of Healthcare Consulting Services in Emerging Markets Increasing consolidation in the healthcare sector
5.2.4 Challenges Growing number of multiple procurement approaches
5.3 Impact of COVID-19 on the Healthcare Consulting Services Market
5.4 Porter’s Five Forces Analysis
5.5 Price Analysis
5.6 Technology Analysis
5.6.1 Automatic learning
5.6.2 Artificial Intelligence
5.6.3 Internet of Things
5.6.4 Blockchain
5.6.5 Cloud Computing
5.7 Regulatory Analysis
5.7.1 North America
5.7.2 Europe
5.7.3 Asia Pacific
5.7.4 Middle East & Africa
5.7.5 Latin America
5.8 Ecosystem analysis
5.9 Value chain analysis
5.10 Analysis of case studies

6 Healthcare Consulting Services Market, By Service Type
6.1 Presentation
6.2 Digital Health Consulting
6.2.1 Digital health counseling will grow in importance through technological innovation
6.3 IT advice
6.3.1 Difficult and Time-consuming Nature of Formulation of Hcit Strategies to Drive Market Growth
6.4 Consulting in operations
6.4.1 Transition from fee-for-service model to managed care model to drive demand for operational advice
6.5 Strategy advice
6.5.1 Multiple Disciplines of Strategic Consulting Services to Increase Demand for Organizational Improvement
6.6 Financial advice
6.6.1 Growth in demand for risk management, compliance and corporate finance during the COVID-19 pandemic
6.7 Human Resources and Talent Consulting
6.7.1 Demand for Human Resource Transformations to Drive Processes and Organizational Efficiency to Drive Segment Growth

7 Healthcare Consulting Services Market, By End User
7.1 Presentation
7.2 Government Agencies
7.2.1 Growing Investments in Upgrading Digital and Technological Infrastructure to Drive Market Growth
7.3 Healthcare providers
7.3.1 Growing Pressure to Curb Rising Healthcare Costs to Boost Market Growth
7.4 Health insurance payers
7.4.1 Increasing Strictness of Payer Regulations to Positively Impact Demand for Healthcare Consultants
7.5 Pharmaceutical and biotechnology companies
7.5.1 Wide Range of Services Offered by Healthcare Consultants to Drive Demand in Coming Years
7.6 Medical device companies
7.6.1 Growing adoption of healthcare consulting services to compete in the medical device industry to drive business growth

8 Healthcare Consulting Services Market, by Region

9 Competitive landscape
9.1 Overview
9.2 Market Ranking Analysis (2020)
9.3 Key Market Players, by Consulting Services Type
9.4 Business Rating Quadrant
9.4.1 Stars
9.4.2 Emerging Leaders
9.4.3 Participants
9.4.4 Ubiquitous Players
9.5 Competitive Scenario
9.5.1 Product/Service Launches and Approvals
9.5.2 Offers
9.5.3 Other developments

10 company profiles
10.1 Key Players
10.1.1 Accenture
10.1.2 Aware
10.1.3 Deloitte
10.1.4 McKinsey & Company
10.1.5 Pwc
10.1.6 Ey
10.1.7 Huron Consulting Group, Inc.
10.1.8 Kpmg
10.1.9 Boston Consulting Group (BCG)
10.1.10 Bain & Company, Inc.
10.1.11 Iqvia, Inc.

11 Appendix

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