Healthcare Consulting Services Market

Market Definition

Healthcare consulting services encompass expert advisory offerings designed to optimize healthcare operations, strategy, and technology implementation. These services assist providers, payers, and life sciences organizations in enhancing efficiency, compliance, and patient care quality.

They support applications ranging from digital transformation and regulatory preparedness to cost management and clinical workflow improvements. The report provides a comprehensive assessment of pivotal drivers, emerging trends, and the competitive environment anticipated to shape the market throughout the forecast period.

Healthcare Consulting Services Market Overview

The global healthcare consulting services market size was valued at USD 32.56 billion in 2024 and is projected to grow from USD 35.07 billion in 2025 to USD 63.20 billion by 2032, exhibiting a CAGR of 8.78% during the forecast period.

The market is driven by the rapid digital transformation across hospitals and health systems, including the adoption of Electronic Health Records (EHRs), AI tools, and cloud platforms. Additionally, the integration of blockchain and secure interoperability platforms is increasing the demand for expert guidance in managing data security, compliance, and cross-system connectivity.

Major companies operating in the healthcare consulting services industry are Accenture, McKinsey & Company, Deloitte, PwC, EY, Boston Consulting Group, Bain & Company, Inc., L.E.K. Consulting, Huron Consulting Group Inc., KPMG International, Cognizant, IQVIA, ICON plc, VMG Holdings LLC, and ZS.

The market is growing, as providers prioritize sustainable cost control and streamlined service delivery. Mandates to improve cost and operational efficiency are prompting healthcare providers to seek specialized consulting services. Consultants are helping providers redesign workflows, implement lean management strategies, and enhance utilization of resources across clinical and administrative functions.

However, increasing pressure to meet quality benchmarks without inflating budgets is leading hospitals and clinics to invest in strategic advisory support. Consulting services are enabling healthcare systems to improve financial performance, reduce inefficiencies, and align operations with regulatory and reimbursement requirements.

• In April 2024, Spikewell launched its Qwell queue management software tailored specifically for hospitals and clinics. Qwell offers digital check-ins, live updates, and SMS notifications to streamline patient flow and reduce overcrowding in waiting areas. The system integrates with hospital scheduling and administrative platforms to enhance operational efficiency and resource utilization.

Key Highlights

1. The healthcare consulting services industry size was valued at USD 32.56 billion in 2024.
2. The market is projected to grow at a CAGR of 8.78% from 2025 to 2032.
3. North America held a market share of 36.55% in 2024, with a valuation of USD 11.90 billion.
4. The information technology consulting segment garnered USD 11.25 billion in revenue in 2024.
5. The hospitals segment is expected to reach USD 23.83 billion by 2032.
6. The market in Asia Pacific is anticipated to grow at a CAGR of 9.77% during the forecast period.

Market Driver

Digital Transformation in Healthcare          

Digital transformation across the healthcare industry is driving the demand for consulting services, supporting the adoption of advanced technologies. The widespread implementation of EHRs, telemedicine platforms, Artificial Intelligence (AI), big data analytics, and cloud infrastructure is creating the need for expert guidance and execution strategies.

• The Digital Decade 2024 eHealth Indicator Study reported that the EU‑27 average eHealth maturity score increased to 79% as of December 31, 2023, up from 72% in the previous year.

Healthcare providers are seeking consulting firms to navigate complex regulatory landscapes and integrate these technologies into existing clinical and administrative workflows. Ensuring interoperability, data security, and operational efficiency requires advisory solutions from experienced consultants.

Additionally, the healthcare consulting services market is registering significant growth as clients demand scalable and technology-driven service models. Growing demand to enhance patient engagement and optimize resource utilization is prompting healthcare organizations to invest in digital transformation initiatives.

Market Challenge

High Engagement and Talent Costs Limiting Accessibility

A key challenge in the healthcare consulting services market is managing the high costs associated with engaging specialized consulting firms. Steep fees combined with a shortage of experienced consultants are making it difficult for smaller healthcare providers to access these services. This limitation is widening the gap in strategic and operational improvements between large healthcare systems and smaller institutions.

Market players are expanding virtual consulting models and offering modular service packages tailored to the budgets of smaller clients. Companies are also investing in training mid-level professionals to scale service capacity without significantly raising engagement costs.

Market Trend

Integration of Blockchain & Secure Interoperability Platforms

A significant trend in the healthcare consulting services market is the emergence of blockchain-enabled platforms designed to enhance secure data sharing and interoperability. Consulting firms are advising healthcare organizations on implementing distributed ledger technologies that ensure the integrity and confidentiality of EHRs.

These platforms enable transparent, tamper-resistant access to patient data across various healthcare systems. Improved traceability and data control are helping providers build trust in cross-organization exchanges. Solutions based on blockchain also support compliance with evolving privacy regulations and reduce the risks of data breaches.

• In February 2024, MTBC introduced a blockchain-based API system for EHRs built on Hyperledger technology. This platform gives patients greater control over their medical records and enables secure sharing with healthcare providers across institutional boundaries. It facilitates a tamper-resistant, distributed ledger that logs access events, ensuring data integrity and confidentiality.

Healthcare Consulting Services Market Report Snapshot

Market Segmentation

• By Service Type (Strategic Management Consulting, Financial Management Consulting, Information Technology Consulting, Human Resource Consulting, and Others): The information technology consulting segment earned USD 11.25 billion in 2024, due to the increasing demand for digital transformation, system integration, and EHR optimization across healthcare facilities aiming to improve operational efficiency and regulatory compliance.
• By End User (Hospitals, Pharmaceutical & Biotechnology Companies, Government Organizations, Payers & Managed Care Organizations, Others): The hospitals segment held 36.54% share of the market in 2024, owing to their continuous need for strategic guidance, regulatory compliance support, and optimization to manage complex care delivery systems and evolving reimbursement models.

Healthcare Consulting Services Market Regional Analysis

Based on region, the market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

North America accounted for a market share of around 36.55% in 2024, with a valuation of USD 11.90 billion. This regional market dominance is attributed to the advanced digital health ecosystems in the U.S. and Canada, marked by the widespread adoption of EHRs, AI-driven tools, and telehealth platforms. 

• For instance, in 2025, the Office of the National Coordinator (ONC) reported that over 95 percent of non‑federal acute care hospitals in the U.S. adopted certified EHR systems.

The ongoing digital transformation continues to drive steady growth in consulting and advisory services across the region. Moreover, government and private sector investments in healthcare innovation, including digital therapeutics, remote monitoring, and population health management, are prominent in North America. 

Consulting services are essential to implement these innovations effectively, conduct feasibility assessments, and guide commercialization efforts, further strengthening the market.

The market in Asia Pacific is set to grow for a significant CAGR of 9.77% over the forecast period, owing to the large-scale investments in hospitals, clinics, and diagnostic facilities. Consulting firms are being hired to plan delivery models, set up operations, and ensure quality standards as new infrastructure is built.

• In December 2024, Bain Capital invested USD 157 million in Mayapada Healthcare Group, an Indonesian private healthcare company that aims to fund the expansion of Mayapada's hospital operations through organic growth and strategic initiatives. These developments are steadily boosting the need for advisory support in the region.

Asia Pacific is emerging as a major hub for medical tourism, especially in elective procedures and specialized care. Providers seek international accreditations such as Joint Commission International (JCI) to compete globally. Consulting services are crucial in guiding healthcare facilities through quality improvement processes and certification readiness, further accelerating the market growth.

Regulatory Frameworks

• In the U.S., healthcare consulting services are governed by multiple federal laws, including the Health Insurance Portability and Accountability Act (HIPAA) for data privacy, and the Health Information Technology for Economic and Clinical Health (HITECH) Act for promoting EHRs. Compliance with the Physician Self-Referral Law (Stark Law), the Anti-Kickback Statute (AKS), and the False Claims Act (FCA) is critical.
• Consulting firms in the UK must comply with the UK General Data Protection Regulation (UK GDPR) and the Data Protection Act 2018, which protect patient data and govern its processing. The Care Quality Commission (CQC) sets quality and safety standards for healthcare providers, while the National Health Service (NHS) frameworks regulate digital transformation projects.
• In China, healthcare consulting is regulated by the Personal Information Protection Law (PIPL), which mandates data localization and strict handling of health data. The National Health Commission oversees reforms, while consultants must align projects with the Cybersecurity Law and Medical Device Regulations. Compliance is essential when advising on electronic medical records, telemedicine systems, or foreign investment in healthcare.
• Japan’s healthcare consulting services are governed by the Act on the Protection of Personal Information (APPI), which regulates health data sharing and third-party access. The Ministry of Health, Labour and Welfare (MHLW) sets national health policy and digital transformation standards. Consulting in medical devices, EHRs, and AI applications must also follow Pharmaceutical and Medical Device Act (PMD Act) regulations, along with ethical guidelines for medical AI and clinical data usage.

Competitive Landscape

Major players in the healthcare consulting services industry are adopting strategies such as expanding through acquisitions, opening new regional offices, and strengthening digital & health-tech capabilities, contributing to the market growth. Companies are also focusing on strategic partnerships and investing in advanced analytics & digital transformation services to meet the evolving needs of healthcare providers. 

Additionally, the emphasis on R&D and innovation in service delivery models is helping firms offer more tailored and scalable consulting solutions. These approaches are enabling consulting providers to broaden their reach and improve the quality & efficiency of healthcare advisory services.

• In July 2024, Sia Partners announced expansions in healthcare consulting via U.S. acquisitions and new offices. The firm acquired New York–based Notion Consulting and digital agency Ready Set Rocket, while opening new offices in Sydney, Ottawa, and Mumbai, to enhance its presence in health‑tech and digital advisory services.

List of Key Companies in Healthcare Consulting Services:

• Accenture
• McKinsey & Company
• Deloitte
• PwC
• EY
• Boston Consulting Group
• Bain & Company, Inc.
• E.K. Consulting
• Huron Consulting Group Inc.
• KPMG International
• Cognizant
• IQVIA
• ICON plc
• VMG Holdings LLC
• ZS

Recent Developments (M&A)

• In September 2024, Coker acquired TTG Healthcare Advisors, a leading healthcare consulting firm that provides strategy, operations and financial services to medical practices and surgery centers. The transaction adds financial consulting services for physician practices and surgery centers across the U.S.
• In August 2024, Accenture acquired consus.health, a deal that incorporated a German healthcare management consultancy into Accenture’s Health Strategy & Consulting practice, adding 140 experts specialized in medical strategy, infrastructure, procurement, and logistics.
• In January 2024, IG&H acquired Beter Healthcare, i2i, and MLC. These acquisitions expanded the Dutch consultancy’s capabilities in healthcare ICT, efficiency analysis, and customer excellence within the Netherlands.