Here are six things to know:
1. Currently, North America has the largest healthcare market, with Europe trailing behind.
2. Asia is likely to overtake Europe, with the healthcare market increasing at a compound annual growth rate of 11.7 percent through 2025.
3. Japan is the fourth largest market, and projections anticipate Latin America will overtake Japan by 2025. Currently, Latin America has a CAGR of 10.4 percent through 2025.
4. Estimates place 2025 regional shares in the healthcare market as follows, from largest to smallest:
•North America
•Asia
•Europe
•Latin America
•Japan
•Rest of the world
5. India and China drive the Asian marketplace due to more government funding.
6. Private healthcare services and more insurance penetration are driving healthcare growth in Latin America.
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