Primary Health Care Service Global Market Report 2024

The primary health care service market size has grown strongly in recent years. It will grow from $407.38 billion in 2023 to $430.65 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. During the historic period, growth can be attributed to several factors, including the expansion of managed care, shifts in epidemiology, initiatives in healthcare reform, and the adoption of the patient-centered medical home (PCMH) model.

The primary health care service market size is expected to see strong growth in the next few years. It will grow to $540.31 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. In the forecast period, growth can be linked to factors such as health education and awareness, evolving patient preferences and expectations, increased collaboration and integration in healthcare, funding and expenditure in the healthcare sector, and the focus on quality of care metrics. Major trends during this period include advancements in 3D printing and bioprinting, the proliferation of wearable sensors and IoT devices, the development of digital stethoscopes and point-of-care diagnostics, personalized nutrition and wellness approaches, the integration of gamification, and the application of behavioral economics principles.

The primary health care service market is set to experience growth driven by an increasing focus on preventive care. Preventive care includes healthcare services and interventions designed to prevent diseases, detect health issues early, and promote overall well-being. This shift towards preventive care within primary health care services signifies a proactive approach to healthcare management, aimed at reducing healthcare costs and improving long-term health outcomes. Investing in preventive care within primary health care is crucial for lowering healthcare expenses, enhancing health results, and ensuring sustainability in the long run. For example, a report by Eurostat in March 2024 revealed an 88.2% increase in preventive healthcare spending in the EU in 2021 compared to 2020, reaching 0.65% of GDP. Immunization programs also saw a significant rise in expenditure share, from 13.7% in 2020 to 29.1% in 2021, highlighting the growing emphasis on preventive care.

Major players in the primary health care service market are focusing on developing digital telehealth platforms such as virtual care solutions to improve patient access, care coordination, and healthcare delivery efficiency. Virtual care solutions provide primary care consultations, diagnosis, treatment, and management remotely through digital platforms such as video calls, chat interfaces, or phone calls. For instance, in May 2022, CVS Health Corporation launched CVS Health Virtual Primary Care, offering features such as telemedicine consultations, personalized health plans, and medication delivery services on a single digital platform for easy access.

In May 2023, CVS Health Corporation acquired Oak Street Health for $10.6 billion, aiming to enhance its capabilities in value-based primary care for Medicare adults. This acquisition allows CVS Health to strengthen its healthcare service portfolio, improve comprehensive care delivery, and expand its reach in serving the Medicare population, aligning with its growth strategies in the primary health care service market. Oak Street Health specializes in providing primary health care services in the US.

Major companies operating in the primary health care service market are UnitedHealth Group, CVS Health Corporation, Centene Corporation, Kaiser Permanente, Humana Inc., HCA Healthcare, Ascension Health, Providence Health & Services, Tenet Healthcare, Mayo Clinic, AdventHealth, Sutter Health, Intermountain Healthcare, Mount Sinai Health System, Cleveland Clinic Foundation, Dignity Health, Baylor Scott & White Health, Cedars-Sinai Medical Center, Cerner Corporation, Trinity Health Corporation, Massachusetts General Hospital, Arthrex Inc., Apollo Hospitals Enterprise Limited, UCSF Health, Primary Health Care Corporation.

North America was the largest region in the primary health care service market in 2023. The regions covered in the primary health care service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the primary health care service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Primary health care services encompass essential healthcare accessible to individuals and communities, delivered by healthcare professionals such as doctors, nurses, and allied health workers. These services emphasize prevention, early detection, treatment, and management of common health issues to meet most health needs across a person's lifespan.

Key primary health care services include injury management, preventive care, chronic condition management, acute condition treatment, and pre- or post-surgery care. Injury care involves addressing physical harm, from minor cuts to severe injuries such as fractures. Consultation methods range from virtual to in-person, catering to patients of all ages, from infants to geriatrics, offered by hospitals, clinics, outpatient departments, and other healthcare settings.

The primary health care service market research report is one of a series of new reports that provides primary health care service market statistics, including primary health care service industry global market size, regional shares, competitors with an primary health care service market share, detailed primary health care service market segments, market trends and opportunities, and any further data you may need to thrive in the primary health care service industry. This primary health care service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The primary health care service market includes revenues earned by entities for services such as maternal and child health services, mental health and counseling services, and diagnostic services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.