may be less sensitive in 2023 as compared to 2022 sigh of relief for businesses. & China trade war, Russia-Ukraine conflict to intensify the global economic issues. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.Ĭontrolling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. These are notable indicators that are anticipated to create lucrative business opportunities in upcoming years.ĭespite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023: Furthermore, the National Health Expenditures are projected to reach USD 6,192.5 Billion in 2028, where the per capita expenditure is estimated to touch USD 17,611 in the same year. ![]() Moreover, as per the projections by the Centers for Medicare & Medicaid Services (CMS), the estimated average annual percent change related to National Health Expenditures (NHE) in the U.S. These are some of the factors responsible for market growth over the past few years. As of 2018, the domestic general government healthcare spending in the U.S. is the top country that amounted to healthcare expenditure of USD 10, 623.85 per capita in 2018. The worldwide healthcare expenditure per person grew from USD 864.313 in 2008 to USD 1,110.841 in 2018, where the U.S. Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth, Market Players Analysis & Opportunity OutlookĪccording to the statistics by the World Health Organization, the global per capita healthcare expenditure amounted to USD 1,064.741 in the year 2017. ![]()
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