Healthcare Outlook

Long term outlook - Health care spending is expected to rise at a CAGR of 5% over 2019–23, up from 2.7% in 2014–18.

2020 Global Health Care Outlook - Deloitte

Global health care spending as a share of GDP will likely remain at around 10.2% through 2023, equal to 2018's ratio.

2020 Global Health Care Outlook - Deloitte

422 million people with Diabetes

  • About 422 million people worldwide have diabetes, particularly in low-and middle-income countries.

  • Diabetes is one of the leading causes of death in the world.

"World Health Organization"

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.

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

Artificial Intelligence

$3.5T and $5.8T in value annually


Immunotherapy

Point of care (POC) - diagnostic


Social

Virtual reality

Biosensors and trackers

$280 Billion annually (AI)

Convenient care

Telehealth