Medical Cost Trend: Behind the Numbers 2024 Figure 1: PwC Health Research Institute medical cost trends, 2009-2024 HRI projects medical cost trend to be 7.0% in 2024, up from 6.0% in 2023 . 11.9% 9.9% 7.5% 7.5% 6.0% 5.5% .6.0% . 5.7%5.7% 5.7% 5.5% GroupGroup / Individual Group...
But unlike other sectors, the pandemic proved to be a catalyst for accelerated growth in this space—a trend expected to continue into the foreseeable future. More than anything, the pandemic highlighted the capabilities of this industry to generate better patient outcomes and improve healthcare ...
Apart from this, the trend towards minimally invasive surgeries has driven the demand for ceramic-based implants, as they offer precision and reduced tissue reactivity. Moreover, advancements in ceramic manufacturing technologies have enabled the development of sophisticated and patient-specific implantable...
Although the medical tourism healthcare cost in the developed nations such as the United States and Canada is expensive compared to many countries, the quality of care for the patients undergoing complicated surgical procedures is worth the cost of medical tourism, driving the market growth. However...
Intrigued by this trend, where almost 75% of the Asian women declined to participate in the study, we searched the literature to review the experiences of other research teams concerning this issue, and found similar reports from several groups across the developed world. View article Opportunities...
Progressive web applications, or PWAs, are the trend in web development employed by companies that don’t see the need for or can’t afford to create a mobile app for their business. A PWA is a web page that can be placed on a mobile device’s home screen and accessed similarly to a...
Further, the growing trend of miniaturization in medical devices is a significant growth factor driving the medical companies' market. The use of nanotechnology in medical composites has enabled the development of ultra-small devices with improved functionality, enabling minimally invasive procedures and ...
The latest wearable medical devices global market report underlines that the market would grow from US$22.44 billion (2022) to US$27.37 billion by the end of 2023, with a predicted annual growth rate of 21.9%. It further suggests that the trend will continue with the same CAGR to reach $...
This trend is expected to continue as more healthcare organizations prioritize data security, flexibility, and real-time collaboration across medical teams. Integration of Artificial Intelligence and Predictive Analytics: The integration of artificial intelligence (AI) and predictive analytics into medical ...
Help guide providers, payers, pharma companies and employers as they determine medical cost trends and the factors driving or dampening spending in 2025.