Introduction
Table of Contents
The healthcare industry is one of the most dynamic and rapidly growing industries in the United States. It’s also ripe for marketing opportunities due to its high-value target market, low barriers to entry, and global reach. With an estimated $1 trillion in spending per year on medical services in 2020, this market has the potential to generate massive returns for any marketing agency.
With that in mind, let’s take a look at what hospitals and other healthcare organizations can do today to capitalize on this opportunity:
3 Reasons Why Healthcare Marketing is Hot Now
Overview
The healthcare industry is exploding!
New York State is the largest employer in the nation and has a high concentration of jobs in the healthcare industry. In fact, New York State has over 500 companies that are part of this sector. We believe that this will continue to grow as more people become aware of how important it is for their overall health, as well as their financial security.
In 2019, there were 2.1 million people employed in healthcare and social assistance in New York State.
In 2019, there were 2.1 million people employed in healthcare and social assistance in New York State.
This number represents the largest employment sector in the state of New York and is growing at a rate that outpaces most other industries. The healthcare industry has grown by over 20% since 2016, while employment within this group grew by 12%. The difference between healthcare and social assistance is that while both occupations involve helping people with health problems or living with chronic conditions such as diabetes or Alzheimer’s disease (among many others), these two fields are different because they focus on providing services for people who need help rather than paying for those services themselves—and this can make it much easier for businesses interested in investing time into developing marketing campaigns targeting this audience!
This sector is expected to add approximately 13,100 (3%) new jobs through 2029.
Healthcare is growing in New York State. The healthcare industry is expected to add approximately 13,100 (3%) new jobs through 2029. Most of these jobs will be created by the expansion of existing facilities and services or the development of new ones.
The state’s largest employers include:
- New York City Health + Hospitals/Bellevue Hospital Center (1,500)
- Long Island Jewish Medical Center (300)
- Mount Sinai Stony Brook Medicine – East Meadow Campus in South Hempstead
Health care is the largest industry in New York State, contributing 21% of the state’s gross domestic product as of 2018.
Health care is the largest industry in New York State, contributing 21% of the state’s gross domestic product as of 2018. With this growth comes both challenges and opportunities for marketers who want to participate in this space.
The healthcare industry is a growing market with stable numbers that have remained steady over time—and it’s projected to keep growing over the next decade or so. Marketers must understand their role within this market if they want to succeed here; otherwise they may find themselves no longer relevant after only a few years!
According to the U.S. Bureau of Labor Statistics, healthcare practitioners and technical jobs represented over one-third of all wages paid in 2019.
The healthcare industry is the largest in New York, and it’s growing fast. According to the U.S. Bureau of Labor Statistics, healthcare practitioners and technical jobs represented over one-third of all wages paid in 2019—that’s over a million people!
The industry also has an important role in our state economy: In fact, according to a study by the Center for Economic Opportunity (CEO), every $1 billion spent on health care creates about 20,000 jobs for New Yorkers. Not only does this mean that there are high-paying jobs available for those who choose this path as their career path; but it also means that those who choose not to pursue careers within this field have options outside of working at hospitals or clinics—which could be beneficial if they’re looking for something different than what they’re currently doing now (like maybe being able to travel more).
The average weekly wages in the healthcare industry are significantly higher than those in other industries overall.
The average weekly wages in the healthcare industry are significantly higher than those in other industries overall. According to the Bureau of Labor Statistics (BLS), the average hourly wage for all healthcare workers was $25.41 in May 2019, well above the national average of $18.62 per hour and a far cry from the lowest-paying jobs on this list:
- Food service workers ($10.73/hr)
- Retail salespersons ($11/hr)
The healthcare industry is exploding!
The healthcare industry is exploding!
Healthcare Marketing in Tyler, Texas is an important part of any business, and especially so in the healthcare sector. Marketing helps to increase awareness of health issues, educate people on the importance of healthy lifestyles and promote healthy habits.
Conclusion
The healthcare industry is growing rapidly, and New York State has a strong presence in this sector. It’s going to be exciting to watch how the industry evolves over the next few years. If you’re looking for more job opportunities in this field, check out our website today!
