Why Healthcare Private Equity? Healthcare Growth Outpaces GDP
Healthcare expenditure will outpace GDP growth over the next 15 years in almost every OECD country, according to new OECD forecasts. The Economist Intelligence Unit highlighted that Brazilian healthcare spend per head increased at a CAGR of 7.32% between 2009 and 2017 while Brazil’s GDP in nominal terms grew at a CAGR of 2.35% over the same period. According to McKinsey, the African Pharma market experienced a CAGR growth of 14% between 2010 and 2020.