Understanding the US's Regional Healthcare Markets

Published 12 March 2015

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Understanding the US's Regional Healthcare Markets

BMI View: Huge vari ations in healthcare spending, infrastructure and personnel across the US states present both opportunities and challenges for providers of medical services and equipment. While the key states of New York, Texas, Illinois and California have the highest absolute spending in their respective regions of Northeast, South, Midwest and West, none of them are the highest spenders in per capita terms (which are Massachusetts, Washington DC, North Dakota and Alaska).

Key Forecasts By Region

Northeast: The region consists of nine states and is the least populous region in the US, with a population of 56,152,000 in 2014 (17.4% of the total population). In 2014, regional healthcare spending reached a value of USD586.9bn, with hospital care spending reaching a value of USD212.5bn. We forecast that by 2019, regional healthcare spending will increase to USD751.9bn, with hospital care spending rising to USD284.2bn. In 2014, New York was the highest spending state, while Vermont was the lowest spending.

South: The region is composed of seventeen states is the most populous in the US, with a population of 119,772,000 in 2014 (37.1% of the total population). In 2014, regional healthcare spending reached a value of USD966.9bn, with hospital care spending reaching a value of USD346.0bn. We forecast that by 2019, regional healthcare spending will increase to USD1,267bn, with hospital care spending rising to USD461.1bn. In 2014, Texas was the highest spending state, while Washington DC (formally known as the District of Columbia) was the lowest spending.

Midwest: The region consists of twelve states and the population accounts for 21.0% of the total US population - 67,745,000 in 2014. In 2014, regional healthcare spending reached a value of USD593.4bn, with hospital care spending reaching a value of USD253.7bn. We forecast that by 2019, regional healthcare spending will increase to USD756.4bn, with hospital care spending rising to USD353.9bn. In 2014,...

Espicom’s Understanding the US's Regional Healthcare Markets Report allows you to explore United States’s regional markets by giving you a practical evaluation of opportunity and risk at the under-appreciated sub-national level.

Rich in statistics, charts and maps, this is the one report you need to fully appreciate the United States’s diverse regional health environments in the context of neighbouring provinces/states/territories and the national picture.

Written in association with Business Monitor International, this unique report uses data sourced in-house, providing analysis and forecasts from our experts covering key areas such as:

  • Healthcare Expenditure
  • Healthcare Facilities
  • Healthcare Personnel
  • Demographics
  • Economic Activity

Published by Espicom - experts in the pharmaceutical, medical devices and healthcare field for over 30 years, Espicom’s Understanding the US's Regional Healthcare Markets Report brings together a range of often difficult to source information in one single, convenient and comprehensive publication.

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