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Mar 6, 2020Healthcare Industry in the U.S. to Witness Fastest Growth, Progressing at a CAGR of 6.6% in Coming Years

According to the market research report published by P&S Intelligence the healthcare industry in the U.S. is expected to witness fastest growth, progressing at a CAGR of 6.6% during the forecast period.

The industry growth in the U.S. can be largely attributed to the increasing prevalence of chronic diseases. According to the National Center for Chronic Disease Prevention and Health Promotion 2019, about six in 10 adults in the U.S. have a chronic disease. The country ranks 5th in the world for age-standardized rates for all cancer. In 2018, the age-standardized rate for all cancer was 352.2 per 100,000 in the U.S. This rising prevalence of cancer is expected to spur the demand for advanced diagnostic imaging systems, to determine the prognosis of the disease for appropriate treatment; thus, contributing to the growth of the industry in the country.

Businesses in the Medical field in Florida have great appeal to private equity groups and seasoned entrepreneurs due to their stability and recurring revenue streams.

See Medical Businesses for Sale in Florida

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