Global healthcare outlook / 2031

Beyond US$15 Trillion.

How new expressions of healthcare could transform a disease-treatment industry into a continuous, lifelong human health economy—and what that means for healthcare stakeholders.

Planning baselineUS$15TEstimated annual conventional healthcare expenditure in 2031
Exploratory expanded rangeUS$16–20TPotential broader healthcare-related economy; scenario, not forecast
New expressions12Emerging categories that could create demand or extend access
The central thesis

From treating illness to supporting health throughout life.

Healthcare expenditure has traditionally been driven by illness, injury, pregnancy, ageing and the management of diagnosed conditions. New models create opportunities for people to engage with health services before illness, between clinical encounters, and throughout later life.

An essential accounting distinction: some services contribute to official national health expenditure. Others—such as fitness, wellness, age-friendly housing or consumer health technology—may belong to a broader health economy. These markets must not be added together without adjusting for overlaps, substitution and double-counting.

01 / Market expansion

Twelve emerging expressions of healthcare.

Each represents either new healthcare demand, expanded access to existing care, or a different way to deliver—and sometimes replace—traditional services.

01

Continuous Personal Healthcare

Wearables, home measurements, longitudinal health records and clinician-supervised remote monitoring make healthcare more continuous.

Service models: monitoring, diagnostics, interpretation and follow-up
02

Longevity and Healthspan Medicine

Evidence-based services address mobility, cognition, metabolic health, healthy ageing and sustained independence.

Service models: preventive care, geriatric assessments and rehabilitation
03

Predictive and Precision Healthcare

Clinically validated genomic, molecular and longitudinal risk information may enable better targeted care.

Service models: counseling, targeted screening and personalized treatment
04

Hospital-at-Home

Appropriate clinical services move into homes through connected devices, care teams and integrated escalation pathways.

Service models: home acute care, infusions and recovery monitoring
05

Ageing and Independent Living

Growing longevity creates demand for assistance with physical function, memory, daily living and long-term care.

Service models: dementia care, nursing, rehabilitation and assisted living
06

Consumer-Directed Healthcare

Transparent prices, direct provider choice and portable personal health information support informed healthcare purchasing.

Service models: direct pay, memberships, second opinions and diagnostics
07

Advanced Therapeutics

Gene, cell and targeted biological therapies may open care pathways for conditions with limited treatment options.

Service models: specialized therapy, monitoring and outcomes contracts
08

Mental and Cognitive Health

Broader access to mental healthcare and cognitive support may address longstanding underdiagnosis and unmet need.

Service models: counseling, psychiatric care and rehabilitation
09

Metabolic Health and Nutrition

Integrated obesity, diabetes and cardiometabolic care combines evidence-based medicines with ongoing clinical support.

Service models: metabolic treatment, nutrition and longitudinal monitoring
10

Reproductive and Life-Stage Care

Personalized services address fertility, maternal health, postpartum care and menopause across the life course.

Service models: reproductive care, screening and maternal monitoring
11

Healthcare for Underserved Populations

Lower-cost delivery models and community networks could serve people previously excluded by price, geography or capacity.

Service models: primary care, essential diagnostics and medicine access
12

Community and Environmental Health

Care extends into workplaces, education, homes and communities, responding to preventive and environmental risks.

Service models: occupational health, heat resilience and community care
02 / Economic scenarios

What could global healthcare-related spending reach?

The conventional US$15 trillion planning baseline is compared against three illustrative expanded-economy scenarios. The increments are hypothetical net additions—not independently forecast category totals.

2031 annual spend scenarios

Nominal US dollars, trillions. Bars scale to US$20T.

$15T
$16T
$18T
$20T
Conventional baselineIllustrative incremental health economy
ScenarioAnnual spendInterpretation
BaselineUS$15TExisting healthcare trend
ModerateUS$16TGradual adoption of added services
AcceleratedUS$18TBroader access, prevention, home care and longevity
TransformativeUS$20TExtensive consumer participation and broader health categories

US$18–20T is an ambitious exploratory case, not an official forecast. Some additional spending may fall outside the System of Health Accounts definition of current health expenditure. Better technology may also reduce total expenditure through substitution and productivity gains.

03 / Structural transition

From the patient to the person.

The deeper opportunity is not merely selling more treatment. It is supporting appropriate, affordable healthcare engagement across a person's lifetime.

Traditional delivery model

Patient-centric, episodic

Illness or symptoms often trigger clinical engagement.

  • Diagnosis and treatment
  • Provider-centered records
  • Visits tied to clinical episodes
  • Often reactive spending
Emerging delivery model

Person-centric, lifelong

Needs, preferences, risk and medical necessity shape ongoing participation.

  • Prevention, care and recovery
  • Portable, person-controlled information
  • Direct service selection and continuity
  • Engagement beyond illness alone

Not every new test or intervention creates health value. Clinical effectiveness, necessity, affordability and equity should govern adoption.

04 / MEDTIUM

Three distinct economic opportunities.

MEDTIUM can expand participation without confusing healthcare expenditure facilitated, new demand enabled and platform revenue earned.

01 / EXISTING SPEND

Facilitate healthcare expenditure

Make established health, business and finance interactions more accessible, interoperable and efficient.

Measure: facilitated healthcare transaction volume, net revenue and outcomes.

02 / UNMET DEMAND

Enable newly accessible care

Help convert otherwise unaffordable or unavailable healthcare needs into clinically appropriate delivered services.

Measure: first-time access, incremental care and patient value.

03 / BROADER ECONOMY

Connect lifelong health services

Link appropriate preventive, ageing, wellness and independence services without conflating them with conventional medical spending.

Measure: category-specific transactions and additional health value.

Revenue discipline: If MEDTIUM facilitated 1% of a US$15T global healthcare expenditure baseline, that would equal US$150B in facilitated spending. At a hypothetical effective 2.8% platform fee, gross platform revenue would be US$4.2B before discounts, deductions and operating costs. These are arithmetic illustrations—not projected penetration or revenues.

05 / An enabling infrastructure category

Personal Health Infrastructure as a Service.

PHIaaS is a proposed service category in which the individual has a lifelong, person-controlled health information environment connecting care providers, diagnostics, pharmacies, AI assistance and consent-governed services.

PERSONCONTROL
ProvidersDiagnosticsAI servicesPayors
06 / Sources and methodology

Reading this outlook responsibly.

The figures presented here are exploratory scenario assumptions, not estimates derived from a full bottom-up expenditure model. Official comparisons should be aligned to each source's definitions, currency year and reporting conventions.

  1. World Health Organization — Global Health Expenditure Database. Primary reference for internationally comparable health spending.
  2. World Health Organization — Ageing and health. Demographic context for healthy ageing and long-term care.
  3. OECD — Health spending. Context for expenditure classification and health system economics.
  4. McKinsey — Global wellness market trends. Illustrates broader wellness demand, which should not be treated as identical to health expenditure.
Methodological caution. The US$15T 2031 planning baseline and US$16–20T expanded-economy scenarios are strategic illustrations. They are not WHO, OECD or McKinsey forecasts for 2031. Category definitions overlap; growth may reflect price inflation, utilization or reclassification rather than improved health. No investment, clinical or policy decision should rely on these numbers without updated country-level validation and a bottom-up model.