Global Healthcare spending projected to growth up to $8.7 Trillion by 2020 from $7 in 2015
% of GDP spending on healthcare should also rise slightly, from an estimated 10.4 % in 2015 to 10.5 % in 2020
Number of diabetes sufferers is expected to rise from the current 415 million to 642 million by 2040.
By 2020, 50 % of global healthcare expenditure – about $4 trillion – will be spent on three leading causes of death: cardiovascular diseases, cancer and respiratory diseases.
Prevalence of dementia is forecast to increase in every region of the world and is anticipated to double every 20 years, reaching 74.7 million by 2030.
Top Issues in Healthcare
Standardized Clinical Process
Achieve Economies of Scale
Leverage on Innovation
Advancing healthcare sector innovation is a clinical and cost imperative
Top 10 innovations to achieve more for less in healthcare
Next generation sequencing
$16.35 Billions by 2024
3D Printed Medical Devices
$3.5T and $5.8T in value annually
Point of care (POC) - diagnostic
Biosensors and trackers
$280 Billion annually (AI)