Healthcare Technology Report January 28, 2025
McKinsey’s latest research reveals evolving consumer priorities in wellness, highlighting the growing significance of health-related products and services across various demographics. Wellness has increasingly become a priority worldwide, with 82 percent of U.S. consumers, 73 percent in the UK, and 87 percent in China affirming its importance in their lives. Notably, millennials are the most enthusiastic generation in wellness spending, with a marked rise in interest among Gen Z. Key wellness categories include healthy aging, weight management, gut health, and sleep. Consumers are increasingly investing in supplements, fitness regimens, and cutting-edge services like wearables and nutrition-focused devices. Additionally, personalized health offerings powered by AI are expected to...