Investor Presentaiton
Healthcare Industry Tailwinds
Aging U.S. Population Drives Healthcare Expenditures
Healthcare's Growing Importance
Expenditures ($Tn)
5.5% CAGR
COMMUNITY
HEALTHCARE
TRUST
■ Projected
$7.0
■ Historical
$6.0
$7.2
$6.8
22%
$6.4
$6.1
$5.8
$5.5
21%
5.1 % CAGR
$5.2
$4.9
$5.0
$4.7
$4.4
$4.1
$4.3
$4.0
$3.6
$3.8
20%
$3.3 $3.4
$3.2
$3.0
$2.0
19%
18%
$1.0
$-
17%
'15
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Commentary
Healthcare spending accounted for 18.3% of US Gross Domestic Product (GDP) in 2021
-
Projected to grow from $4.3Tn in 2021 to reach $7.2Tn by 2031
Represents a 5.5% average annual growth rate and a projected 19.7% of GDP by 2031
The U.S. 65+ age group is growing five times faster than the country's population
Grew by 34% during the past decade
-
Over 10,000 Baby Boomers turn 65 every day
of GDP
- By 2030, there will be over 73 million people in the U.S. aged 65+, representing -21% of the entire population
~95% of adults aged 60+ have one or more chronic conditions
Older Adults (aged 65+) while only 17% of the population, accounted for approximately 37% of all health care spending in 2020
"
Per person personal health care spending for the 65 and older population was $22,356 in 2020, over 5 times higher than spending per child ($4,217) and almost 2.5 times the
spending per working-age person ($9,154)
Source: CMS, US Census Bureau, CDC, Statista, Centers for Medicare and Medicaid Services, KFF
Investor Presentation - February 2024
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