We took a look at the fastest-growing companies in the health industry in 2008 compared with 2013 to gauge how the industry is evolving.

1. The Fastest-Growing
Companies in Healthcare
A by-the-numbers analysis: 2013 vs. 2008

2. Abstract
Each year, Inc. magazine releases its list of the 5,000 fastest-growing companies
in the nation. To gauge how the health industry has evolved over the past five
years, we took a look at health companies from Inc.’s 2008 and 2013 lists.
• How quickly is the health industry growing relative to other industries?
• Which types of health companies are growing most quickly?
• Which types of health companies have the highest revenue per employee?

3. Health Industry Shows Above-Average Growth
Logistics & Transportation
Food & Beverage
Health
Software
Engineering
Human Resources
Travel
Financial Services
Education
Construction
-100% -50%
0%
50%
100% 150% 200% 250%
Percent Revenue Growth
Health companies on Inc.’s list grew in overall revenues by close to 100% from
2008 to 2013, which exceeded the all-industry average growth of 69%.

4. Business Service Providers Are Most Abundant
6%
6%
8%
20%
17%
8%
12%
17%
2008
5%
5%
6%
6%
6%
12%
21%
15%
19%
Business Service Providers
HIT / HIT Consulting
Medical Services
Devices and Equipment
Home Care
Staffing
Fitness / Supplements
Biotech / Life Sciences
Pharmacy / Pharmaceuticals
Consumer Services
2013
Companies that provide business consulting services or perform outsourced
business services dominated the health industry in both 2008 and 2013.

5. Business Service Providers Lead in Overall Revenue
Business Service Providers
Medical Services
Pharmacy / Pharmaceuticals
Staffing
HIT / HIT Consulting
$0
$1
$2
Total Revenue (in Billions)
2013
$3
2008
Though the proportion of business service providers stayed similar in 2008 and
2013, their overall revenues grew more than 100% to almost $4B in 2013.
$4

6. Pharma Companies Lead in Revenue Growth
Pharmacy / Pharmaceuticals
Business Service Providers
Staffing
Medical Services
Fitness / Supplements
HIT / HIT Consulting
Home Care
Biotech / Life Sciences
Devices and Equipment
Consumer Services
-100%
0%
100%
200%
300%
Percent Revenue Growth
Pharmacies and pharmaceutical companies grew more than 200% in revenues
during the 5-year time period we analyzed.

7. Pharma Saw Highest Per-Firm Revenue in 2013
Pharmacy / Pharmaceuticals
Business Service Providers
Staffing
Fitness / Supplements
Consumer Services
$0
$30
$60
$90
$120
$150
Average Revenue Per Firm (in Millions)
2013
2008
The highest revenue per firm was observed in pharma companies in 2013, with an
average of $131 million per company.

8. Pharma Saw Highest Per-Employee Revenue in 2013
Pharmacy / Pharmaceuticals
Business Service Providers
Fitness / Supplements
Devices and Equipment
Consumer Services
$0
$300,000
$600,000
$900,000 $1,200,000
Revenue Per Employee
2013
2008
Pharma companies also earned the highest revenue per employee in 2013, with
$1.1 million per employee—a metric with strong implications for profitability.

9. Read Report
Read about our findings in more detail.
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