US Healthcare Sector Forecast to 2012

US Healthcare Sector Forecast to 2012and cancer) and proposed changes in the
The US represents the world’s largestreimbursement process, the country will see
healthcare market, with an annual spending ofstrong demand for hospitals and hospital beds in
around US$ 2.24 Trillion in 2007. The growth inthe next few years. In this regard, the report
annual spending was mainly driven by increasingprovides comprehensive information of the
use of patent drugs, high administrative costs andnumber of hospital beds that will be required to
expensive hospital care. We believe that themeet the rising demand for hospital services.
market holds a great potential with severalIn the pharmaceutical market, our research
segments still remain untapped, indicating toprojects that generics will register a robust
immense opportunities for the industry players togrowth rate in the next few years on the back
expand their operations. According to newof government’s efforts aimed at reducing
research report, “US Healthcare Sectorhealthcare spending in the country. The medical
Forecast to 2012” the US healthcare spendingdevice market is also expected to witness strong
is expected to grow at a CAGR of around 4%growth in the forecast period because of latest
during 2007-2012. ( )technological advancements that will make
We have studied the US healthcare market bytreatment and diagnosis simpler and effective.
segregating it into four major segments - HospitalBesides, the report studies the current reform
care, Pharmaceutical market, Medical deviceprocess and its effects on various segments of
market and healthcare insurance market. Each ofthe industry. The research study gives detailed
these segments has been extensively covered instatistical and analytical review of demographics,
the report, giving in-depth analysis of the currentmacroeconomic indicators, disease profile, key
and future market trends. Besides, our reportdrivers and restraints. It contains exhaustive
gives elaborate details of the country’sinformation that will help clients to draw up
healthcare regulatory environment.market strategies and assess opportunity areas in
Our report foresees that with the increasingthe US healthcare market.
prevalence of chronic diseases (such as diabetes