The annual price of medical care in the U.S. decreased by one percent in the past 12 months which ended in August 2023, a significant decrease from the previous year. Over the provided time interval, medical care costs increased at an average inflation rate of 3.5 percent. This statistic shows the annual inflation rate of medical care prices in the U.S. from 2000 to 2023.

In June 2023, the cost of inpatient hospital services in the United States had increased by 3.7 percent in comparison to June 2022. On the other hand, health insurance costs had decreased by roughly 25 percent compared to the previous year. This statistic shows the current inflation rate of medical care price in the U.S. in June 2023, by category.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Medical Care in U.S. City Average (CPIMEDSL) from Jan 1947 to Feb 2025 about medical, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

In the United States, the annual price of health insurance declined by 33.6 percent in the last 12 months which ended in August 2023 after rising by 24.3 percent in the previous year. Over the provided time interval, health insurance prices increased at an average inflation rate of approximately five percent. This statistic shows the annual inflation rate of health insurance prices in the U.S. from 2007 to 2023.

In financial year 2022, the cost of healthcare goods and services, also known as medical inflation, reached approximately 13.6 percent in India. This figure was significantly higher than the general inflation rate in the country. In fiscal year 2023, medical inflation is forecasted to decrease to 10.3 percent.

Graph and download economic data for Producer Price Index by Industry: Home Health Care Services (PCU6216162161) from Dec 1996 to Feb 2025 about healthcare, health, services, housing, PPI, industry, inflation, price index, indexes, price, and USA.

In 2024, the inflation rate of the healthcare sector in Latvia was 6 percent. The highest change in the consumer price index (CPI) for the healthcare sector was recorded in 2023 at 9.5 percent.

The inflation rate in the health sector of the United Kingdom was 5.6 percent in the fourth quarter of 2024, which was above the overall inflation rate for that quarter.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Medical Care in New York-Newark-Jersey City, NY-NJ-PA (CBSA) (CUURA101SAM) from Jan 1947 to Feb 2025 about medical, CT, NJ, New York, PA, NY, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

The inflation rate for health in the European Union was 3.8 percent in January 2025, representing a decline from its peak of 5 percent in August 2023. During January, the inflation rate for the EU economy as a whole was 2.8 percent.

The inflation rate for health in the Republic of Ireland in December 2024 was 1.3 percent, unchanged from the previous month.

India Consumer Price Index (CPI): Miscellaneous: Health data was reported at 199.600 2012=100 in Feb 2025. This records an increase from the previous number of 198.800 2012=100 for Jan 2025. India Consumer Price Index (CPI): Miscellaneous: Health data is updated monthly, averaging 133.550 2012=100 from Jan 2011 (Median) to Feb 2025, with 170 observations. The data reached an all-time high of 199.600 2012=100 in Feb 2025 and a record low of 89.500 2012=100 in Jan 2011. India Consumer Price Index (CPI): Miscellaneous: Health data remains active status in CEIC and is reported by Ministry of Statistics and Programme Implementation. The data is categorized under Global Database’s India – Table IN.QG003: Memo Items: Consumer Price Index.

Graph and download economic data for Producer Price Index by Commodity: Construction (Partial): New Health Care Building Construction (WPU801105) from Jun 2012 to Feb 2025 about healthcare, health, buildings, construction, new, commodities, PPI, inflation, price index, indexes, price, and USA.

In the fourth quarter of 2024, the Consumer Price Index for health products and services in the United Kingdom was 136.6, indicating that, compared with 2015, prices in this sector have increased by 36.6 percent, compared with 35.2 percent for overall prices.

Between 2018 and 2022, Saudi Arabia observed net inflation of medical costs at the rate of 7.8 percent, which was the highest among the Gulf Cooperation Council (GCC) countries. The lowest net inflation rate was reported in Bahrain at 1.8 percent.

This table shows inflation, derived inflation and underlying inflation rates. Underlying inflation equals the inflation or derived inflation, excluding certain volatile items or series that are affected by factors other than general economic conditions, for example prices of fuel, vegetables, fruit and government taxes.

Data available from: January 2006 till December 2015

Status of the figures: The figures in this table are final.

Changes as of 16 June 2016: None, this table is stopped.

Changes as of 10 December 2015: On 1 October 2015, the points system for the pricing of rental homes was adjusted by the Dutch national government. As a direct consequence, rental prices of a limited number of dwellings were reduced, which had a downward effect on the average rental price. The effect of this decrease on the rental price indices and imputed rent value could not be determined in time because housing associations announced the impact of rent adjustments only in November. For this reason, the figures of the groups 04100 ‘Actual rentals for housing’ and 04200 ‘Imputed rent value’ over October 2015 have now been adjusted.

The figures of the groups 061100 ‘Pharmaceutical products’, 061200 ‘Other medical products, equipment’, 072200 ‘Fuels and lubricants’ and 083000 ‘Telephone and internet services’ over the months June through September 2015 have been corrected. This has no impact on the headline indices.

The derived CPI decreased by 0.01 index point over August 2015.

Saudi Arabia Consumer Price Index (CPI): Health: MP: Other Medical Products data was reported at 104.270 2018=100 in Feb 2020. This records an increase from the previous number of 102.220 2018=100 for Jan 2020. Saudi Arabia Consumer Price Index (CPI): Health: MP: Other Medical Products data is updated monthly, averaging 102.185 2018=100 from Jan 2018 (Median) to Feb 2020, with 26 observations. The data reached an all-time high of 105.020 2018=100 in Jun 2019 and a record low of 98.580 2018=100 in Apr 2018. Saudi Arabia Consumer Price Index (CPI): Health: MP: Other Medical Products data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.I001: Consumer Price Index: by COICOP: 2018=100.

In 2020, the inflation rate of the healthcare sector in Indonesia was at approximately 2.79 percent, a decrease in comparison to the previous year. The inflation rate of the healthcare sector in the country was the highest in 2014, at 5.71 percent.

Demographic trends play a major role in shaping the healthcare landscape, as economic factors and an aging population contribute to fast-rising healthcare spending. While consumers are spending more on healthcare services in the US, healthcare providers are confronting complex challenges related to labor, competition and tech advances. The COVID-19 pandemic exposed healthcare and social assistance providers to unprecedented financial and operational pressures, with the lasting impacts still shaping every corner of the sector in 2024. Providers continue to grapple with workforce shortages intensified by the pandemic, resulting in ongoing staffing and recruitment challenges that pressure wage growth and new strategies to recruit and retain. At the same time, consolidation activity is reshaping the healthcare landscape, with more patients than ever receiving care from massive, integrated health systems rather than independent ones. Meanwhile, social assistance providers are finding it difficult to meet rising demand. Despite this challenging operating environment, revenue has been expanding at a CAGR of 3.1% to an estimated $4.1 trillion over the past five years, with revenue rising an expected 3.2% in 2025. Healthcare and social assistance providers are struggling to address staffing challenges. The pandemic exacerbated existing staffing shortages, as the physical and mental toll of the pandemic pushed some to leave the sector entirely. Persistent labor shortages jeopardize healthcare and social assistance providers' ability to address demand, creating widespread staff burnout, high turnover rates and wage inflation. While the health sector labor market began stabilizing in 2024, alleviating wage pressures, an undersized workforce still leaves hundreds of thousands of jobs open. Statewide and federal initiatives have been enacted to direct investment into building a more robust workforce. Demographic trends will continue to be the driving force behind rising healthcare spending moving forward. However, increasing demand and elevated costs will pressure healthcare and social assistance providers to shift how they operate. Some regulatory measures, like the Inflation Reduction Act, could mitigate rising costs in some areas, specifically pharmaceuticals. Consolidation activity will ramp up as smaller providers join larger health groups to secure larger insurer reimbursements through negotiating power. Digital tools and telehealth will become central in healthcare delivery because of their ability to lower costs, increase capacity, bridge health inequities and improve patient outcomes. In all, sector revenue will grow at a CAGR of 2.6% to reach an estimated $4.7 trillion over the next five years.

In August 2024, the consumer price index for health and personal in Brazil increased by 0.25 percent compared to the previous month. With 1.49 percent, April was the month of 2023 with the largest month-to-month variation in the CPI.