The value of the global home healthcare market was USD 320.6 billion. It is expected to grow at a compound annual growth rate (CAGR) of 7.9% from 2022 to 2030.
Apart from advancements in technology for streamlining administrative duties, healthcare businesses are implementing machine learning and AI to improve patient facilities.
Precision medicine is an innovative approach aimed at optimizing therapeutic benefit for certain groups of patients after considering the differences in lifestyles, environment, and genes.
Health systems and organizations are taking initiatives to educate the population and provide the necessary tools that help in improving health and preventing certain diseases.
Another healthcare trend prevailing in 2022 is hiring practitioners for specific projects on a need basis. This helps companies fill positions based on specific expertise or skills.
According to a WHO report, by 2030, an additional 9 million midwives and nurses are required for all countries to reach Sustainable Development Goal (SDG).