Market Overview

Global Healthcare Consulting Services Market size was valued at around 30.70 billion in 2024 and is expected to reach a value of USD 66.13 billion by 2033, at a CAGR of 8.9% over the forecast period (2025–2033).

The increasing sophistication of the health care industry and the need for strategic initiatives for maximum operating efficiency, regulatory compliance, and patient care are propelling the dynamic and ever-evolving international market for health care consulting services. Some of the services come under the category of healthcare consulting like financial planning, operations management, strategic consulting, and technology implementation. These services assist hospital, insurance company, drug firm, and government agency to manage issues caused by evolving rules, increasing expenses, and technological innovation.

The increase in the cost of healthcare globally is one of the key drivers that are fuelling the growth in this market. The world spent 9.83% of world GDP on healthcare in 2021, as estimated by the World Bank, and this has brought to the fore the imperative of efficient management and optimisation of resources. Additionally, the World Health Organisation (WHO) approximates those inefficiencies in health systems and processes squander 20–40% of healthcare resources globally, underlining even more the importance of consulting services to assist in addressing these inefficiencies.

The second propelling force in the market is continuous digitalisation in healthcare. The provision of healthcare is being revolutionised by technologies like electronic health records (EHRs), telemedicine, big data analytics, and artificial intelligence (AI). As a result, organisations seek professional guidance to facilitate smooth integration and optimisation. According to research conducted by the Global Health Workforce Network in the lead by WHO, one requires training and employing an appropriate number of professionals for dealing with such technological innovations, hence demanding more specialist consulting services.

The use of healthcare consulting agencies for conducting public health issues has grown. In the course of making healthcare more accessible and effective in poor communities, the activities of the United Nations (UN) and non-governmental organizations (NGOs) like Médecins Sans Frontières (MSF) tend to hire the services of consultants in order to create and implement effective programs. The demand for technical and strategic support from the consulting firms will grow as the health systems mature, and therefore the industry will become a very important part of healthcare provision today.

Market Drivers

Population demographics – long-term NHS demand

• By 2030, the UK population will comprise about 2 million more adults aged 30 and above. Also, by 2040, the population living with serious illnesses is expected to increase by 37%. This demographic change will put huge pressure on the National Health Service (NHS), which will require higher capacity to cater to increasing healthcare needs. To meet this, the NHS will increasingly have to depend on outsourced services to sustain its operations and uphold service levels in the face of growing patient needs.

Waiting lists – near-term NHS demand

• The NHS continues to experience clinical pressure, and waiting lists for elective procedures have grown considerably since the pandemic. This backlog has fuelled increased demand for insourcing clinicians to cater to immediate demands. Moreover, the demand for enhanced strategic planning and resource reallocation is driving the significance of external consultants to augment the capacity and efficiency of the health system.

Market Opportunities

Long-term advisory

• Advisory services are likely to have a rosy future because of the ongoing need for investment. Capital budgets, which are seen as a reliable indicator for funds spent on estate advisory services, are projected to increase to £12 billion per year from 23/24.
• Investment in the past to clear the backlog has now ceased, which has worsened the situation for NHS estates at all risk categories.
• As noted by the National Audit Office (NAO), NHS Trusts transferred £4.3 billion of capital funds to revenue budgets between the years 2014-2019, thereby fuelling the repair backlog since the day-to-day running costs were prioritized.

Market Restraining Factors

NHS in-housing model

• Gaining scrutiny over NHS's outsourcing spending has thus prompted an effort to internalize much of its operations. There are efforts by the organization to bring services in-house and remove the reliance on third party service providers.
• The technicality and project-driven nature of a lot of change programs especially in the domains of strategy, planning, and infrastructure present enormous challenges to implementing a complete in-housing model within the short term. Such projects tend to involve specialized knowledge, adaptability, and resources that are not easily duplicated internally in the NHS, especially considering its current operational design and capability. Therefore, it is not very likely that the NHS is going to fully rearrange its resourcing and development strategies to abolish the outsourcing needs in the short term. Gradual and gradual shift to the in-housing model with well-planned investments in the in-house abilities means that massive immediate changes in the short run are not an achievable goal. This continuing reluctance to shift toward a model based entirely inside houses poses an impediment to the NHS achieving decreasing dependency on outsourcing in the coming years.

Segmentation Analysis

The market scope is segmented because of by Services, by End-use.

• By Services

Based on the Services of the market is segmented into Strategic Management Consulting, Financial Management Consulting, Information Technology Consulting, Human Resource Consulting, Others.

The strategic management consulting segment in 2023 contributed 41.5% of total revenue globally. The high incidence of mergers and acquisitions among healthcare organisations, such as pharmaceutical and biotechnology companies, is one of the leading drivers of demand for strategic management consulting services. There has also been an upsurge in research into drugs, which is supporting the category market growth and fuelling demand for launch strategy consultancy.

in the span of the forecasting period, information technology consulting shall grow at the highest pace. This is on account of digitalisation technologies such as telemedicine, big data, and artificial intelligence being accepted by healthcare organisations at a substantial pace. The technologies facilitate optimisation of the system, simplification of the physician job, minimisation of human error, improvement of patient outcomes, and lowering of service costs. There are consultancies that provide guidance on making the best use of technology and on using technology to enhance the organisation. There are these influences supporting the market sector.

• By End-use

Based on the End-use of the market is segmented into Pharmaceutical Companies, Hospitals, Insurance Companies, Government Organizations, Other Healthcare Providers.

The market was led by biotechnology and pharmaceutical companies in 2023, and this segment is expected to grow at the fastest pace in the forecast period. Some of the key drivers for the segment industry are the escalating need to be aware of the way mergers and acquisition planning is executed by these organizations and the escalating interest in cost savings pertaining to API operations, development of formulations, and supply management. Other motivating factors for industry demand are escalating needs to develop an understanding for product launch programs and brand managing existing products.

During the forecast period, the hospital segment is expected to witness considerable growth. Sustaining operational and financial performance is now imperative for hospital administration based on increasing hospital expenses. In addition, it is important to understand a number of things when opening a new hospital, such as how to secure a licence, raise money, recruit personnel, and improve hospital branding and advertising, among others. The hospital consulting service demand is growing due to some key factors. The demand for hospital consulting services is also rising due to an increasing interest in introducing new technology into hospitals in order to better improve patient experience.

• Regional Snapshots

By region, Insights into the markets in North America, Europe, Asia-Pacific, Latin America and MEA are provided by the study. Among the regions named, North America dominates the global healthcare consulting services market presently. This is largely due to the fact that the region boasts an advanced healthcare infrastructure, significant healthcare spending, and high technology adoption. The United States, in particular, boasts many healthcare payers and providers that require consulting services to handle the complexities of regulations, compliance, and implementation of innovative technologies like electronic health records, AI, and telemedicine. In addition, North America's robust healthcare system and requirement for operational efficiency and cost savings drive the regional expansion of consulting services. Large healthcare consulting companies and the demand for healthcare reforms also drive the market dominance of North America.

The Asia-Pacific is set to dominate the highest rate of growth of healthcare consulting services. The growth in this region is driven by forces like rapid urbanization, enhanced healthcare access, and healthcare expenditures in emerging markets like India and China. Growing digital health technology, increased recognition of the quality of healthcare, and government campaigns to upgrade the health care infrastructure in the country are other explanations for rising demand for healthcare consultation services. These countries are shifting their focus toward building their health care infrastructure as well as on the adoption of advanced technology. Consulting services also play a prime role in bringing about the revolution and upgrading of their health care systems. The increasing focus on healthcare quality, regulatory compliance, and electronic health also puts Asia-Pacific as a fast-growing market over the next several years.

List of Companies Profiled

• Accenture
• McKinsey & Company
• Deloitte Global
• E.K. Consulting
• PwC
• Huron Consulting Group Inc. and affiliates.
• Cognizant
• EY
• Bain & Company, Inc.
• IQVIA Inc,
• Boston Consulting Group

Key Industry Developments

In May 2023, the specialized healthcare consultancy company BSM Consulting was acquired by VMG Health, an important healthcare strategy firm. From this acquisition, BSM has leadership development instruments, subscription memberships, and staffing services that VMG Health could supplement its other offerings with.

In February 2023, A major market player, Accenture, bought Bionest, a strategy and consultancy firm. Cell & gene therapy (CGT), precision medicine, diagnostics, cancer, and rare diseases are some of the advanced scientific areas that the acquired firm helps biopharma firms with when they have to make tough strategic choices. The company expanded its life sciences strategic know-how with this acquisition.

In August 2023, Workday, a pioneer of enterprise cloud financial and human capital management software, collaborated with Nordic Consulting, an IT and healthcare consulting organization.

Report Coverage

The report will cover the qualitative and quantitative data on the Global Healthcare Consulting Services Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.

Report Scope and Segmentations

Global Healthcare Consulting Services Market Regional Analysis

North America accounted for the highest xx% market share in terms of revenue in the Healthcare Consulting Services market and is expected to expand at a CAGR of xx% during the forecast period. This growth can be attributed to the growing adoption of Healthcare Consulting Services. The market in APAC is expected to witness significant growth and is expected to register a CAGR of xx% over upcoming years, because of the presence of key Healthcare Consulting Services companies in economies such as Japan and China.

The objective of the report is to present comprehensive analysis of Global Healthcare Consulting Services Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

Healthcare Consulting Services Market Report is also available for below Regions and Country Please Ask for that

North America

• U.S.
• Canada

Europe

• Switzerland
• Belgium
• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Rest of Europe

Asia-Pacific

• India
• Australia
• Philippines
• Singapore
• South Korea
• Japan
• China
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Argentina
• Peru
• Colombia
• Brazil
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Points Covered in the Report

• The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
• The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 12 years data history and forecast.
• The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
• Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
• The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Reasons to Purchase

• To gain insightful analyses of the Healthcare Consulting Services market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the Healthcare Consulting Services market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the Healthcare Consulting Services market. Besides the standard structure reports, we also provide custom research according to specific requirements.

Research Scope of Healthcare Consulting Services Market

• Historic year: 2020-2023
• Base year: 2024
• Forecast: 2025 to 2033
• Representation of Market revenue in USD Million

Healthcare Consulting Services Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends: