U.S. healthcare spending is higher than any other country. Annual health expenditures when the pandemic hit in 2020 stood at $4.1 trillion. The international healthcare market is expected to reach $665.37 billion by 2028, with U.S healthcare national expenditure expected to hit $6.2 trillion by 2028.
The sector is exhibiting favorable long-term attributes, such as cost-saving and care-improving advances, an aging global population, and a growing middle class in emerging economies.
