As public healthcare systems have been front of mind over the past two years, it’s no surprise that global spending in the healthcare industry is skyrocketing. In addition to a global pandemic, a variety of factors have influenced this increased spending: aging populations, advances in digital technologies, and higher rates of chronic health conditions, to name a few.
According to a 2020 report, the U.S. healthcare consumption per capita is $12,530. Switzerland and Germany spend $8,009 and $5,728 per capita, respectively. Other top spenders on health are Sweden ($5,511) and Austria ($5,440).