33 US Healthcare Industry Statistics & Facts To Know

Key Healthcare Statistics

1. The healthcare industry is worth $808 billion in the United States as of 2021.
2. The U.S. healthcare industry is the third-largest in the U.S.
3. The U.S. spends twice more than what other countries do on healthcare.
4. Each year, there are over 1.2 million available jobs in the U.S. healthcare industry.
5. Healthcare spending made up 19.7% of the U.S. economy in 2020. That year alone, over $1 trillion in revenue was generated.
6. 20% of adults in the U.S. don't have the means to access healthcare.
7. 43.4% of adults in the U.S. are not insured.
8. 6 in 10 Americans think that the U.S. doesn't have the best healthcare system compared to other countries.
9. Studies show that the U.S. ranks as the 35th healthiest country in the world.
10. On average, employers will cover 82% of healthcare costs.
11. The amount you'll pay for healthcare depends on your location in the U.S.
12. The U.S. healthcare market is not efficient.
13. U.S. healthcare expenditure was $3.8 trillion, or 19.7% of GDP.
14. The average healthcare employee salary is $60,976 in the U.S.
15. Research shows that the healthcare industry should continue growing over the next 10 years.
16. Alcohol abuse in the U.S. generates $27 billion of healthcare costs per year.
17. Healthcare costs due to apioid misuse burdens the U.S. with $78.5 billion per year.
18. From 2022 to 2029, experts predict there to be 15% more job openings in this industry.

U.S. Healthcare Industry Revenue

Healthcare revenue in the U.S. was $1.27 trillion in 2020.

By 2024, different healthcare sectors are predicted to earn the following profits:

How Much Is The Healthcare Industry Worth?

The U.S. healthcare industry is worth $808 billion in 2021. The global healthcare industry is worth $12 trillion.

Healthcare Occupation Statistics

1. Overall employment in healthcare occupations is expected to grow 13% from 2021 to 2031. That's much faster than the average for other occupations. The increase in healthcare occupations means there will be 2 million new jobs added to this industry over the next 10 years.
2. The average annual salary for healthcare practitioners and technicial occupations was $75,040 in May 2021.
3. Healthcare support occupations had an average salary of $29,880 per year in May 2021.

How Many Jobs Are Available In Healthcare?

There are more than 1.2 million job openings per year in the U.S. healthcare industry.

How Many People Can't Access Healthcare?

Around 30 million Americans of all ages had no health insurance in 2021. That's around 9.2% of the entire U.S. population. 20% of adults in the U.S. don't have the means to access healthcare.

What Are The Biggest Healthcare Companies?

How Much Does Healthcare Cost?

In 2020, the average national cost for health insurance is $456 for an individual and $1,152 for a family per month.

How Much Is The Average Healthcare Employee Salary?

The average healthcare employee makes $60,976 per year, compared to the national average salary of $47,060 per year.

How Fast Is The Healthcare Industry Growing?

In 2018, the global healthcare industry was worth $8.45 trillion, with an annual growth rate of 7.3% since 2014. Across the world, the healthcare industry continues to grow, which results in more created jobs and more revenue.

Healthcare Injury Statistics

1. In 2019, U.S. hospitals recorded 221,400 work-related injuries and illnesses.
2. Between 1990 and 2007, around 1 million injuries that were caused by weightlifting attended emergency rooms.
3. Men comprise 82% of all workplace injuries.
4. 90% of injuries are caused by free weights as opposed to machine or cable weight.
5. Lifting weights was the cause of 114 deaths between 1990 and 2007.

References

1. https://www.zippia.com/advice/us-healthcare-industry-statistics/
2. https://www.bls.gov/ooh/healthcare/home.htm
3. https://muscleandbrawn.com/statistics/lifting-injury-statistics/