Summary
The Global Medical Trends Survey Report 2025 presents findings on projected medical cost trends across various regions. It indicates that global medical costs are expected to average a growth rate of 10.4% in 2025, continuing the trend of double-digit increases observed in previous years. Factors contributing to these rising costs include advancements in medical technologies and pharmaceuticals, increased healthcare utilization, and the overwhelming demand on public healthcare systems. The report highlights that 64% of insurers anticipate higher medical trends globally, with significant variations by region. For instance, North America is projected to see an increase from 8.1% in 2024 to 8.7% in 2025, while Asia Pacific is expected to rise from 11.9% to 12.3%. The report also notes that mental health services are becoming a major driver of cost increases, with a substantial portion of insurers expecting significant hikes in related expenses. Additionally, the report discusses the impact of telehealth services on healthcare access and costs.
