2) The healthcare sector is expected to grow at a CAGR of 7.5% over the next five years, according to a report by Grand View Research. This is mainly due to the increasing health consciousness and longevity of people.
3) The increasing demand for healthcare services is also being fuelled by the increasing number of people who are living longer. In 2020, the global population is expected to reach 9.7 billion, up from 7.5 billion in 2020. This means that there will be an increased demand for healthcare services.
4) The growth of the healthcare sector is also being fuelled by the increasing number of people who are becoming more health conscious. This is because they are aware of the importance of taking care of their health and are looking for ways to improve their health.
5) The healthcare sector is expected to be worth US$2.5 trillion by 2025, according to a report by MarketsandMarkets. This is because the sector is expected to grow at a CAGR of 7.5% over the next five years.
The global healthcare market is expected to grow at a CAGR of 7.5% during the forecast period 2016-2021. The increasing demand for healthcare services is attributed to the increasing population, rising affluence, and the increasing incidence of chronic diseases. The increasing prevalence of chronic diseases is also driving the demand for healthcare services.
The Asia-Pacific region is expected to be the fastest-growing region in the global healthcare market. The growth in the Asia-Pacific region is attributed to the increasing population and the rising affluence in this region. The growth in the Asia-Pacific region is also driven by the increasing incidence of chronic diseases in this region.
The global healthcare market is segmented into hospitals, clinics, and other healthcare services. The hospitals segment is expected to be the largest segment in the global healthcare market. The hospitals segment is attributed to the increasing demand for healthcare services and the increasing number of hospitals in the global market. The clinics segment is expected to be the second largest segment in the global healthcare market. The clinics segment is attributed to the increasing demand for healthcare services and the increasing number of clinics in the global market. The other healthcare services segment is expected to be the smallest segment in the global healthcare market. The other healthcare services segment is attributed to the increasing demand for healthcare services and the increasing number of other healthcare services in the global market.
