Over the five years to 2018, demand for healthcare consultants has increased due to technological advances in the healthcare sector and the changing regulatory environment. Moreover, the 2010 Patient Protection and Affordable Care Act (PPACA) expanded access to healthcare to millions of Americans, driving growth in the overall healthcare sector and stimulating demand for consulting. As a result, industry revenue is expected to grow an annualized 7.1% over the five years to 2018 to reach $6.0 billion. The industry's relatively high profit margin has enticed entrants in recent years. However, the number of specialty independent practices has declined moderately over the five years to 2018, as general consulting firms have acquired these companies to gain entrance into niche markets.
This industry provides specialist advice to businesses involved in healthcare fields, such as hospitals, physicians, pharmaceutical companies and insurance providers. Services include advice related to financial management, human resources, information technology and other operations.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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