Procurement Outlook
Healthcare consulting services help healthcare providers, pharmaceutical companies, pharmacies, and medical device companies, to optimize efficiency, revenue generation, and structural improvements.
The healthcare consulting firms can be categorized into the following types:
• Generalist firms: These firms can participate in consulting projects across multiple industries. Some key generalist firms are McKinsey, BCG, Accenture, Deloitte, etc.
• Product firms: Firms like Trinity, HealthAdvances, and Clearview comes under this category. These firms primarily focus their consulting efforts on getting medical products into markets.
• Delivery firms: These firms focus on helping care providers such as doctor networks, hospital groups, and specialty practices, operate efficiently.
• Specialist firms: Firms like IQVIA has their in-house proprietary healthcare database, which they utilize to help across specific, critical needs that come up from various healthcare players.
Read report summary or request a free sample copy of the report “Healthcare Consulting Services Market Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 – 2025”
Following are the type of key services that a consulting firm can offer to a healthcare client:
• Strategic consulting
• Technology implementation
• HR and people management
• Legal and regulatory affairs
• Marketing
• Contract specialists
• Revenue and reimbursement experts
Demand Outlook
The global healthcare consulting services market is valued at USD 12 billion in 2020 and it is expected to grow at a CAGR of 10% from 2020 to 2025 due to the rising demand for advanced infrastructure in the healthcare industry. North America is leading the healthcare consulting services market with a 35% market share followed by Europe with 25% and APAC with 20%. APAC is expected to witness the highest CAGR during the forecast period as many small and medium-sized healthcare consulting companies have emerged in countries like India.
Cost Drivers
The cost of healthcare consulting services is completely dependent on the hourly rate of consultants as it accounted for more than 80% of the overall cost of healthcare consulting services. The hourly rate of consultants depends on geographic region. Healthcare consultants rate in APAC is 70%-80% lower than that of in North America and Western Europe.
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The Global Healthcare Consulting Services Market is expected to register a CAGR of 10.4% during the forecast period of 2019 to 2024.
Healthcare consulting services is an essential tool which are used in various healthcare centers.
These services help in patient management in hospitals, product launching in healthcare industry and used in data management.
It also, helps to maintain connection between the patient and healthcare staff.Request Sample Copy:https://www.marketresearchfuture.com/sample_request/7860There is a high demand of healthcare consulting services in hospitals, clinics, healthcare companies, and other healthcare facilities.
The key factors contributing for the market growth are growing awareness about the patient safety, rising demand for best practices in hospitals and healthcare centers, and rising government regulation regarding patient safety boosts the market growth.Key PlayersAccenture Consulting (US), McKinsey and Company (US), Cognizant (US), Deloitte Consulting (US), Ernst and Young (UK), Bain and Company (US), Deloitte Touche Tohmatsu Limited (US), Huron Consulting (US), KPMG (Switzerland), PWC (UK), The Boston Consulting Group (US)SegmentationThe Global Healthcare Consulting Services Market is segmented on the basis of type of service, component, application, and end user.Based on the type of service, the global healthcare consulting services market is categorized into IT consulting, digital consulting, financial consulting, operations consulting, and strategy consulting.Based on the component, the global healthcare consulting services market is segmented into services, software, and hardware.Based on application, the market is segmented into operations management, financial, population health, and clinical.
Based on operations management, the market is sub segmented into demand forecasting, workforce planning and scheduling, inpatient scheduling, and outpatient scheduling.
