As we look to 2024, optimism surrounds emerging trends and investor interest in the industry’s future.

Generative Al and Digital Transformation
Studies show the potential of GenAl to address inefficiencies in healthcare spending, potentially eliminating a significant portion of $1 trillion wasted annually.

Regulatory Landscape
Recent regulation in healthcare has placed significant emphasis on several key areas, including accessibility, cost, transparency, medicare, and private sector involvement.
Emerging Healthcare Trends
Increased Outsourcing and Offshoring to Tackle Labor Shortages
10.8% CAGR
The US Hospital Outsourcing market is estimated to grow at a CAGR of 10.8%, reaching $351.64 billion by 2032 from $126.67 billion in 2022, according to Precedence Research.
Surge in Healthcare Consolidation
28%
of announced M&A deals cited financial distress as a factor in 2023, a notable increase from the 15% reported in 2022, per Kaufman Hall.
Increased Investment in Outpatient Services
16.9% Growth
The Centers for Medicare & Medical Services projects a substantial 16.9% growth in the demand for outpatient services among individuals aged 55 and above by 2025.
Rising Demand for Weight-loss Drugs
$105 billion
The global GLP-1 market is projected to grow from $36.6 billion in 2023 to $105 billion by 2029, achieving a CAGR of 19.2%
Transition from Fee-for-Service Model to Value-based Model
100%
The Centers for Medicare & Medical Services has set a goal to establish a value-based care relationship for 100% of traditional Medicare beneficiaries by the year 2030.