North America Healthcare Consulting Services Market Size, Share & Industry Trends Analysis Report By End User, By Type of Service, By Country, Historical Data and Growth Forecast, 2021 - 2027
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Market Report Description
The North America Healthcare Consulting Services Market would witness market growth of 11.1% CAGR during the forecast period (2021-2027).
The healthcare consulting services market is being driven by the rising pace of digitalization in healthcare around the North America. In terms of enhancing quality, managing expenses, increasing profitability, and simplifying inventory management, strong IT support paired with agile approaches gives healthcare providers a competitive advantage.
Furthermore, there is a surge in chances for IT healthcare consulting as a result of favorable government policies in both developed and developing nations. Moreover, factors such as increased government support for healthcare IT solutions and need to improve the operational dynamics of the healthcare business are expected to change the technology landscape during the forecast period. The efficiency of the healthcare sector depends on proper management and training of workers and practitioners.
Various healthcare providers and pharmaceutical companies are increasingly investing in the R&D activities to improve the efficacy of their products along with introducing their latest products. But other than this, they are also engaged in various other activities like operational management, which consume the time and efforts of the companies and hence, they are widely adopting healthcare consulting services to better focus on their core activities.
The US market dominated the North America Healthcare Consulting Services Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $14.6 billion by 2027. The Canada market is expected to witness a CAGR of 13.7% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 12.7% during (2021 - 2027).
Based on End User, the market is segmented into Government Bodies, Healthcare Providers, Pharmaceutical & Biotechnology Companies, Health Insurance Payers, and Medical Device Companies. Based on Type of Service, the market is segmented into Operations Consulting, HR & Talent Consulting, IT Consulting, Strategy Consulting, Financial Consulting, and Digital Health Consulting. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include McKinsey & Company, Ernst & Young Global Limited, Bain & Company, Inc., Huron Consulting Group, Inc., West Monroe Partners, Inc., Accenture PLC, Cognizant Technology Solutions Corporation, Deloitte Touche Tohmatsu Limited, IQVIA Holdings, Inc., and Boston Consulting Group.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Government Bodies
- Healthcare Providers
- Pharmaceutical & Biotechnology Companies
- Health Insurance Payers
- Medical Device Companies
By Type of Service
- Operations Consulting
- HR & Talent Consulting
- IT Consulting
- Strategy Consulting
- Financial Consulting
- Digital Health Consulting
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- McKinsey & Company
- Ernst & Young Global Limited
- Bain & Company, Inc.
- Huron Consulting Group, Inc.
- West Monroe Partners, Inc.
- Accenture PLC
- Cognizant Technology Solutions Corporation
- Deloitte Touche Tohmatsu Limited
- IQVIA Holdings, Inc.
- Boston Consulting Group
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