Growing incidences of chronic illnesses like diabetes and hypertension are driving the market growth
Market CAGR for the primary health care service is being driven by the rising number of chronic illnesses. Primary care physicians specialize in treating both acute and chronic ailments in people of all ages, as well as providing health education and preventive care. Primary care includes the following: illness diagnosis and treatment for both acute and chronic conditions, counseling, disease prevention, health maintenance and patient education. The need for accessible primary care, the aging population, the increasing incidence of chronic illnesses, and the developments in health are all contributing factors to the market's expansion.
Additionally, primary care models that are team-based and collaborative are becoming more and more popular. Integrated primary care teams, as opposed to solo practices, consist of doctors, nurse practitioners, community health workers, coaches, care coordinators, pharmacists, and mental health specialists. While enabling doctors to practice medicine to the fullest extent permitted by law, this interdisciplinary approach guarantees whole-person care. In addition to encouraging the exchange of best practices, group settings also lessen physician burnout. As a result, collaborative models like accountable care organizations and patient-centered medical homes are becoming more and more popular.
The primary care landscape is changing from reactive and fee-for-service models to data-driven, value-based care. Care gaps for high-risk patients can be identified with the help of integrated EMR data, claims information, wearable health data, and socioeconomic data. Analytics tools offer information that helps with care management.
Access to inexpensive primary care is becoming more and more necessary in light of the rising expenses of healthcare around the world. For the majority of medical issues, primary care doctors offer high-quality, reasonably priced treatment. A decrease in hospitalization and spending rates is associated with an increase in the number of primary care physicians in the area, according to NCBI. In order to lessen the load on emergency and specialty care, several nations are concentrating on improving the infrastructure for primary care. To increase access, collaborative and team-based primary care models are increasingly becoming more popular.
Primary care physicians are in high demand due to the need for patient-centered, cost-effective care, which is propelling the market's expansion. Diversifying their service offerings allows primary care doctors to better meet the needs of their patients and create new revenue streams. These consist of wellness initiatives, home care, hospice care, and chronic care management.
For instance, according to World Health Organization (WHO) projections, there will be 2.1 billion older adults ly by 2022. For this group, primary care doctors serve as the initial point of contact. In addition to managing chronic illnesses and facilitating seamless care transitions, they offer preventive care. Primary care physicians are ideal for caring for the elderly population because of their knowledge of treating geriatric illnesses and their commitment to their general well-being. Thus results in driving the Primary Health Care Service market revenue.
The ongoing evolution of primary health care services reflects a growing recognition of the need for accessible, patient-centered care that adapts to the diverse health needs of populations.
World Health Organization
