Imagine navigating a business landscape where regulatory pressures mount like storm clouds and operational risks lurk in every data stream. As a leader in your organization, you might wonder: Is now the time to bolster your risk management strategy? According to Next Move Strategy Consulting, the Risk Management Consulting Services Market is expected to reach USD 169 billion by 2025. Looking ahead, the industry is projected to expand significantly, reaching USD 251.78 billion by 2030, registering a CAGR of 8.3%.
The market is indeed transforming, fueled by sector-specific expansions and industry recognitions. Let’s dive into recent developments that signal robust growth, drawing exclusively from credible announcements in late 2025.
What Recent Moves Are Reshaping Risk Management Consulting?
The risk management consulting services market thrives on expertise that turns uncertainty into advantage. Recent announcements highlight how firms are positioning themselves to meet escalating demands.
Consider FTI Consulting’s strategic hire in its Healthcare Risk Management & Advisory practice. On December 10, 2025, the firm appointed Mitch Harris as Senior Managing Director, based in Los Angeles. This move bolsters their Forensic and Litigation Consulting segment, focusing on healthcare clients facing volatile conditions.
Harris brings over 30 years of experience from roles at major health plans, systems, and pharmacy benefit managers. His background includes leading business development at PwC’s Health Industries Advisory practice and management positions at Caremore Medical Management Company (now Carelon) and Blue Shield of California. In his new role, Harris will guide clients on regulatory strategy, compliance with government programs, operational optimization, and turnaround efforts—leveraging data and artificial intelligence to enhance performance.
Wayne Gibson, leader of FTI’s practice, emphasized the timeliness: “The healthcare industry is experiencing rising costs, increased regulatory complexity and intensified oversight, creating operational and financial volatility and continuing to increase our clients’ need for expert support and advice.” Harris echoed this, noting FTI’s strength in “predicting and remediating risk and proactively mitigating issues while implementing process improvement to optimize costs.”
Meanwhile, PwC has solidified its stature as a global leader in enterprise risk management consulting services, according to the Verdantix Enterprise Risk Services 2025 report. This recognition underscores PwC’s comprehensive capabilities in addressing enterprise-wide risks, from compliance to digital transformation.
Why is Healthcare Driving Demand in the Risk Management Consulting Services Market?
Healthcare stands out as a hotspot for risk management needs. Why? Escalating costs and regulatory scrutiny demand proactive advisory that goes beyond compliance checklists.
In analytical terms, the integration of data analytics and artificial intelligence represents a pivotal advancement. Consultants now employ these technologies to forecast risks and streamline operations, reducing financial exposure by identifying inefficiencies early. For instance, Harris’s expertise at FTI will focus on such innovations, enabling health systems to navigate government program requirements without derailing budgets.
| Key Challenge in Healthcare | Consulting Response | Expected Benefit |
| Rising operational costs | Data-driven optimization | Cost reductions through process improvements |
| Regulatory complexity | Compliance strategy advisory | Minimized penalties and smoother audits |
| Intensified oversight | AI-powered risk remediation | Proactive issue mitigation, enhancing resilience |
This table illustrates how targeted consulting aligns with sector pain points, fostering measurable outcomes.
Conclusive insights:
- Healthcare’s unique risks amplify the need for niche expertise.
- Technology integration elevates consulting from reactive to predictive. The sector’s demands are propelling broader market innovation.
How do these Developments Impact the Risk Management Consulting Services Market?
At Next Move Strategy Consulting, we view these announcements not as isolated events but as indicators of a maturing market. FTI’s expansion into healthcare risk advisory signals heightened specialization, where firms differentiate by embedding AI and regulatory foresight into services. This could accelerate market consolidation, as clients prioritize providers with proven sector depth—potentially increasing demand for hybrid consulting models that blend forensics, litigation support, and digital tools.
PwC’s Verdantix recognition reinforces enterprise risk as a cornerstone offering, encouraging competitors to upscale their global footprints. Collectively, these shifts may heighten competition while expanding the market’s total addressable opportunities, particularly in volatile industries like healthcare. For businesses, this means more accessible, high-value consulting that translates risks into strategic edges. We project that such integrations will drive service adoption rates upward, empowering organizations to thrive amid uncertainty.
Key takeaways:
- Specialization boosts client retention and revenue streams for consultancies.
- Leadership accolades like PwC’s validate scalable, enterprise-focused approaches.
- Overall, the market gains credibility, attracting investment in risk tech.
See also: The Rise of Tech Entrepreneurs in a Data-Driven World
What Emerging Trends Should You Watch in Risk Management Consulting?
As the risk management consulting services market gains momentum, certain patterns emerge. What trends merit your attention?
First, the fusion of artificial intelligence with traditional advisory is paramount. Consultants are deploying AI not merely for analysis but for real-time risk simulation, allowing clients to scenario-plan with precision. Harris’s tenure at FTI exemplifies this, where past AI applications at PwC and health plans optimized compliance workflows.
Second, regulatory agility is non-negotiable. With oversight intensifying across sectors, firms like FTI are ramping up practices to handle multifaceted compliance— from federal programs to state-level mandates.
In analytical sections, one observes that the demand for such services correlates directly with economic volatility. Organizations that invest in comprehensive risk frameworks experience improvements in operational efficiency, though exact figures vary by implementation. This underscores the market’s shift toward value-based consulting.
Next Steps: Actionable Takeaways for Your Risk Strategy
Ready to fortify your approach? Here are 3-5 practical steps informed by these insights:
- Assess Sector-Specific Risks: Conduct an internal audit to pinpoint vulnerabilities, such as regulatory gaps in healthcare, and engage specialized consultants early.
- Integrate AI Tools: Pilot AI-driven risk modeling to forecast scenarios, drawing from successes like those Harris championed at prior roles.
- Partner with Recognized Leaders: Evaluate firms like PwC or FTI for enterprise-wide advisory, ensuring alignment with your scalability needs.
- Build Internal Capabilities: Train teams on emerging trends to complement external consulting, reducing long-term dependency.
- Monitor Market Shifts: Subscribe to updates from sources like Verdantix reports to stay ahead of volatility.
