The healthcare services sector is a vital pillar of the global economy, ensuring access to medical care, enhancing quality of life, and promoting public health. It encompasses hospitals, outpatient services, medical professionals, pharmaceuticals, and healthcare technology. In 2024, the global healthcare market was valued at approximately $12 trillion, contributing around 10% of global GDP, and employing over 180 million people globally, including doctors, nurses, technicians, and support staff.

The sector is projected to grow at a CAGR of 7.9%, reaching $20 trillion by 2030, driven by aging populations, advances in medical technology, and the increasing demand for healthcare services. Leading players include the United States, home to major healthcare providers and innovators; Germany, known for its advanced healthcare infrastructure; and China, with significant investments in healthcare services and medical research. Healthcare services continue to be central to global economic stability, innovation, and social well-being.