{"id":3696,"date":"2019-02-07T06:35:30","date_gmt":"2019-02-07T06:35:30","guid":{"rendered":"http:\/\/shahennews.com\/eng\/?p=3696"},"modified":"2019-02-07T06:40:30","modified_gmt":"2019-02-07T06:40:30","slug":"frost-sullivan-reveals-2019-top-growth-opportunities-in-healthcare-by-region-and-key-sectors","status":"publish","type":"post","link":"https:\/\/shahennews.com\/eng\/archives\/3696\/frost-sullivan-reveals-2019-top-growth-opportunities-in-healthcare-by-region-and-key-sectors\/","title":{"rendered":"Frost &amp; Sullivan Reveals 2019 Top Growth Opportunities in Healthcare by Region and Key Sectors"},"content":{"rendered":"<p>shaheennews<\/p>\n<p><span style=\"font-weight: 400\">By the end of 2019, up to 15 percent of the global healthcare spending is expected to be directed toward\u00a0<\/span><b>value-based care concepts<\/b><span style=\"font-weight: 400\">. This will cause a surge in the number of risk-sharing contracts between providers and drug\/device original equipment manufacturers (OEMs), driving business value for providers. While developed countries will adopt the more sophisticated\u00a0<\/span><b>outcome-based models<\/b><span style=\"font-weight: 400\">, emerging markets will employ the best practices most suited to their local needs. Digital health technologies enabling\u00a0<\/span><b>out-of-hospital care<\/b><span style=\"font-weight: 400\">\u00a0and monitoring are forecast to grow by\u00a0<\/span><b>30 percent to cross the $25 billion mark<\/b><span style=\"font-weight: 400\">. As the lines between retail, IT and healthcare industries continue to blur, digital marketplace providers such as Amazon and Ali Health will make further headway in the\u00a0<\/span><b>home health space<\/b><span style=\"font-weight: 400\">.<\/span><\/p>\n<p><span style=\"font-weight: 400\">&#8220;In this highly digitized environment,\u00a0<\/span><b>artificial intelligence<\/b><span style=\"font-weight: 400\">\u00a0(<\/span><b>AI<\/b><span style=\"font-weight: 400\">) will permeate the life sciences ecosystem and its use in\u00a0<\/span><b>healthcare IT<\/b><span style=\"font-weight: 400\">\u00a0(<\/span><b>HIT<\/b><span style=\"font-weight: 400\">) is likely to cross $1.7 billion by the end of 2019. AI-powered IT tools that manage payers\u2019 and providers\u2019 business risks in clinical, operational, financial, and regulatory settings will especially find high uptake,\u201d said\u00a0<\/span><b>Kamaljit Behera, Industry Analyst, Transformational Health<\/b><span style=\"font-weight: 400\">. &#8220;Blockchain in healthcare is slowly starting to migrate from pilot proof of concept (PoC) to early commercial implementations. Companies such as Change Healthcare and Hashed Health will be frontrunners demonstrating initial ROIs across enterprise-level, B2B-focused initiatives such as\u00a0<\/span><b>health professional credentialing<\/b><span style=\"font-weight: 400\">,\u00a0<\/span><b>medical billing management<\/b><span style=\"font-weight: 400\">, and\u00a0<\/span><b>contract adjudication<\/b><span style=\"font-weight: 400\">.&#8221;<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">Frost &amp; Sullivan\u2019s recent analysis,\u00a0<\/span><b>Global Healthcare Market Outlook, 2019<\/b><span style=\"font-weight: 400\">, presents perspectives and forecasts for the\u00a0<\/span><b>pharmaceuticals and biotech<\/b><span style=\"font-weight: 400\">,\u00a0<\/span><b>in-vitro diagnostics<\/b><span style=\"font-weight: 400\">,\u00a0<\/span><b>medical technologies<\/b><span style=\"font-weight: 400\">,\u00a0<\/span><b>medical imaging<\/b><span style=\"font-weight: 400\">, and\u00a0<\/span><b>HIT sectors<\/b><span style=\"font-weight: 400\">. The analysis also captures regional trends and identifies areas of opportunities.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u00a0<\/span><b>For further information on this analysis, please click <\/b><a href=\"https:\/\/go.frost.com\/MEASA_Achandhoke_K319_HCOutlook_Feb19\"><b>here<\/b><\/a><b>.<\/b><\/p>\n<p><span style=\"font-weight: 400\">&#8220;<\/span><b>Access to affordable and quality care\u00a0<\/b><span style=\"font-weight: 400\">will be a key talking point during the upcoming 2019 elections in emerging markets such as\u00a0<\/span><b>Asia<\/b><span style=\"font-weight: 400\">,\u00a0<\/span><b>Africa<\/b><span style=\"font-weight: 400\">, and\u00a0<\/span><b>Central and Eastern Europe<\/b><span style=\"font-weight: 400\">,&#8221; noted Behera. &#8220;In fact, private drug and device companies will allot up to 10 percent of the R&amp;D budget to localizing innovation to address the unique healthcare needs of developing regions.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400\">While the global healthcare market is likely to grow by 5.1 percent in 2019 and exceed $1.96 trillion in manufacturer revenues, the growth opportunities in the key regional markets will vary considerably. The main trends in 2019 are presented below:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><b>United States<\/b><span style=\"font-weight: 400\">: The priority is defining value across the healthcare continuum. Due to the high variance in healthcare costs, there will be pilot programs to reduce this variance to two standard deviations across all post-acute care modalities.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>United Kingdom (UK)<\/b><span style=\"font-weight: 400\">: The healthcare and life sciences sector will be a key topic of discussion during\u00a0<\/span><b>Brexit<\/b><span style=\"font-weight: 400\">\u00a0negotiations.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Europe (excluding the UK)<\/b><span style=\"font-weight: 400\">: Shifting economic, population, and behavior dynamics will lead to a rise in healthcare expenditure in many EU countries.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Japan<\/b><span style=\"font-weight: 400\">: This country is facing a formidable shortage of care workers as the aging population raises healthcare costs. During 2019, Japan&#8217;s policy reforms will aim to reduce hospital length of stay with improvements in the quality of long-term care, especially through digitalization.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Latin America<\/b><span style=\"font-weight: 400\">: Most of the large to medium economies in Latin America promote universal health coverage. Concerns related to effective healthcare access will drive the adoption of new technologies.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>China<\/b><span style=\"font-weight: 400\">: It is forecast to capture more than 20 percent of the total APAC healthcare revenue owing to aggressive policy making to support medical device and pharma markets.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>South Korea<\/b><span style=\"font-weight: 400\">: It is expected to aggressively invest in developing a more robust clinical trial environment for medical devices and pharmaceuticals in 2019 to become a global clinical trial hub.<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Southeast Asia<\/b><span style=\"font-weight: 400\">: The healthcare benefit cost provided by employee health programs is anticipated to increase by 10 percent to 15 percent across the ASEAN countries.<\/span><\/li>\n<\/ul>\n<p><b>Global Healthcare Market Outlook, 2019<\/b><span style=\"font-weight: 400\">\u00a0is part of Frost &amp; Sullivan\u2019s global\u00a0<\/span><span style=\"font-weight: 400\">Advanced Medical <\/span><span style=\"font-weight: 400\">Technologies<\/span><span style=\"font-weight: 400\">\u00a0Growth Partnership Service program.<\/span><\/p>\n<p><b>About Frost &amp; Sullivan<\/b><\/p>\n<p><span style=\"font-weight: 400\">For over five decades, Frost &amp; Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. <\/span><span style=\"font-weight: 400\">Contact us: Start<\/span> <span style=\"font-weight: 400\">the discussion<\/span><\/p>\n<p><b>*Source:<\/b><b> AETOSWire<\/b><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3702\" src=\"https:\/\/shahennews.com\/eng\/wp-content\/uploads\/2019\/02\/Global-Healthcare-Market-Outlook-Photo-AETOSWire_1549464239.jpg\" alt=\"\" width=\"146\" height=\"150\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>shaheennews By the end of 2019, up to 15 percent of the global healthcare spending is expected to be directed toward\u00a0value-based care concepts. This will cause a surge in the number of risk-sharing contracts between providers and drug\/device original equipment manufacturers (OEMs), driving business value for providers. While developed countries will adopt the more sophisticated\u00a0outcome-based &hellip;<\/p>\n","protected":false},"author":2,"featured_media":3700,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"class_list":["post-3696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-arab-and-international"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Frost &amp; Sullivan Reveals 2019 Top Growth Opportunities in Healthcare by Region and Key Sectors - Shahennews Eng<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shahennews.com\/eng\/archives\/3696\/frost-sullivan-reveals-2019-top-growth-opportunities-in-healthcare-by-region-and-key-sectors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Frost &amp; Sullivan Reveals 2019 Top Growth Opportunities in Healthcare by Region and Key Sectors - Shahennews Eng\" \/>\n<meta property=\"og:description\" content=\"shaheennews By the end of 2019, up to 15 percent of the global healthcare spending is expected to be directed toward\u00a0value-based care concepts. 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