Global Value-Based Healthcare Services Market Insights and Forecasts to 2033: Trends, Growth Drivers

The Global Value-based Healthcare Services Market Size is Anticipated to Exceed USD 4.13 Trillion by 2033, Growing at a CAGR of 12.00%from 2023 to 2033. Value-based health care is a form of care in which hospitals and other providers are compensated based on the patient's experience, cost, effectiveness, quality, and health outcome. There is intense rivalry among the providers, which drives reduce costs and increases pressure to improve care. It has been determined that value-based healthcare services are advantageous to patients, payers, providers, suppliers, and society in general. In order to improve health at a reduced cost, they concentrate on assisting patients in recovering quickly and preventing chronic diseases. Value-based health care services save society money on overall health care costs. For instance, in January 2023, Under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana program, the National Health Authority (NHA) introduced a new system to evaluate and grade hospital performance, shifting the focus from volume to value of healthcare services provided.