GITNUX MARKETDATA REPORT 2024
Us Healthcare Industry Statistics
The US healthcare industry is a major contributor to the country's economy, employing millions of people and accounting for a significant portion of the GDP.
In this post, we examine key statistics regarding the U.S. healthcare industry, shedding light on its significant financial impact, rising costs, and prevalence of chronic diseases. From the staggering amount spent on healthcare to the concerning levels of waste, these data points offer valuable insights into the complexities of the American healthcare system.
Statistic 1
"In 2020, health spending in the US was projected to reach $3.8 trillion or approximately $11,582 per person."
Statistic 2
"US healthcare spending is projected to grow at an average rate of 5.4 percent per year from 2019 to 2028."
Statistic 3
"The USA has the highest healthcare costs among developed countries, despite its lower-than-average life expectancy rate."
Statistic 4
"By 2028, health spending is expected to account for 19.7% of the U.S. economy."
Statistic 5
"As of 2019, there were over 62.6 million enrollees in Medicare in the US."
Statistic 6
"In 2021, the number of uninsured people in the US was approximately 28.9 million."
Statistic 7
"Private health insurance spending in the UA grew 3.7% to $1.2 trillion in 2019."
Statistic 8
"In 2020, the largest share of healthcare spending went to hospitals (31%) and physician and clinical services (20%)."
Statistic 9
"About 40.6% of U.S. adults are obese as of 2018."
Statistic 10
"The total revenue of the US healthcare sector was around $2.6 trillion in 2018."
Statistic 11
"Chronic diseases are responsible for seven of 10 deaths each year in the United States."
Statistic 12
"6 in 10 Adults in the US have a chronic disease."
Statistic 13
"In 2017, the U.S. spent twice as much on healthcare as ten high-income countries, despite having a similar performance on population health outcomes."
Statistic 14
"Nearly 25% of U.S. healthcare spending is wasted."
Statistic 15
"Total spending on healthcare is expected to reach $6.2 trillion by 2028."
Statistic 16
"By 2040, spending on prescription drugs is projected to reach about 10% of all national health spending."
Statistic 17
"Approximately 17.7% of the U.S. GDP in 2018 was spent on healthcare."
Statistic 18
"One study found that greater than 34% of American healthcare expenditures go to hospital care."
Jannik Lindner
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