Primary Health Care Service Market to witness significant growth is expected to drive market expansion in the near future at a CAGR of 5.00% during the forecast period 2024 to 2032

Market Research Future (MRFR) has published a cooked research report on the “Global Primary Health Care Service Market” that contains information from 2019 to 2032. The Primary Health Care Service market is estimated to register a CAGR of 5.00% during the forecast period of 2024 to 2032.


Market Highlights


The global Primary Health Care Service market is accounted to register a CAGR of 5.00% during the forecast period and is estimated to reach USD 653.4 billion by 2032.


One of the main factors propelling the expansion of the Primary Health Care Service market globally is the increasing prevalence of chronic diseases, including diabetes, hypertension, arthritis, cardiovascular diseases, and respiratory disorders. In affluent countries, nearly 75% of healthcare spending is related to chronic disorders. The worldwide burden of chronic diseases is rising as a result of changing lifestyles and an aging population.


Key Players


MRFR recognizes the following companies as the key players in the global Primary Health Care Service market— Apollo Hospitals, Massachusetts General Hospital, Cleveland Clinic, Cedars-Sina, Trinity Health, and UCSF Health.


Segment Analysis


The global Primary Health Care Service market has been segmented based on Reason, Age Group, Mode of Consultation and Provider.


On the basis of Reason, the market is segmented into Injury, Preventive care, chronic conditions, acute conditions and Pre- or post-surgery. The acute conditions segment was attributed to holding the largest market share in 2023. This is a result of age-related health issues; as people age, acute diseases become more prevalent.


On the basis of Age Group, the market is segmented into Infants, Pediatrics, Adults, and Geriatrics. The Infants segment was attributed to holding the largest market share in 2023. This is a result of the growing recognition of early childhood development.


Based on Mode of Consultation, the global Primary Health Care Service market has been segmented into Virtual and Physical. The Physical segment was expected to hold the largest market share in 2023. This is due to the fact that in-person consultations encourage a closer bond between the practitioner and the patient.


Based on Provider, the global Primary Health Care Service market has been segmented into Hospitals, Clinics, Outpatient department and others. The Hospitals segment was expected to hold the largest market share in 2023. This is due to the fact that patients can receive comprehensive care from numerous providers under one roof when primary care physicians and hospitals collaborate.


Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of Primary Health Care Service Market Research Report


Regional Analysis


The global Primary Health Care Service market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of the US and Canada. The Europe Primary Health Care Service market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Primary Health Care Service market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Primary Health Care Service market comprises the Middle East, Africa, and Latin America.


The largest market share for Primary Health Care Service was maintained by the North American regional sector. This is because the market for primary care service was dominated by North America. The market has grown as a result of primary care physicians becoming more prevalent in North America and the rising demand for primary care services. In addition, there is a greater need for primary care services due to the large aging population and the rising incidence of several chronic illnesses. Furthermore, a major factor in the market expansion has been the growing use of family physicians.


Moreover, the Europe market has been persistently growing over the forecast period. An increasing tendency of primary care provider consolidation defines the European market. The need for accessible, reasonably priced primary care is growing due to the rising expenses of healthcare around the world.


Additionally, Asia Pacific is anticipated to be the most advantageous market. The main variables that are anticipated to fuel the need for primary care services in the region are the large population, the rising prevalence of chronic diseases, the quickly aging population, and the rising cost of healthcare. Primary care physicians offer treatment services that can drastically lower hospitalization rates and assist in the early diagnosis of a variety of chronic diseases.


Furthermore, the rest of the world's Primary Health Care Service market is divided into the Middle East, Africa, and Latin America. The growth is due to the rising prevalence of chronic diseases, the quickly aging population, and the rising cost of healthcare. Government support, a rise in investor interest, and the viability of the technology in the sector are all contributing factors to the market expansion.


Key Findings of the Study



  • The global Primary Health Care Service market is expected to reach USD 4 billion by 2032, at a CAGR of 5.00% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market due to the rising prevalence of chronic diseases, the quickly aging population, and the rising cost of healthcare.

  • Based on provider, the Hospitals segment was expected to hold the largest market share in 2023.

  • Apollo Hospitals, Massachusetts General Hospital, Cleveland Clinic, Cedars-Sina, Trinity Health, and UCSF Health are the key market players.

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Pages 128
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