World healthcare key trends and strategies explained

 
  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
33 votes
Share

Global Healthcare Industry

 

The global healthcare services market is forecast to reach $3 trillion by 2015, according to research from Global Industry Analysts. Investment in sectors such as home healthcare, healthcare IT and telehealth are expected to continue fuelling market expansion. Due to the world’s aging population, the demand for home healthcare is likely to continue climbing over the years to come.

 

The healthcare services industry is labor intensive and overburdened in many regions, making telehealth and healthcare IT attractive options. With medical technologies continually developing, these options are proving beneficial to patients and the overall healthcare system.

 

The global healthcare services market is impacted by government legislation and incentives. Spending in the sector continues to climb, partly due to the availability of new drugs, higher health insurance premiums and advanced technology services. Demographic profiles also play an important role in the industry, with demand created by lifestyle-related medical conditions. In addition, an aging population means that age-related health conditions continue to create demand.

 

Spending on home healthcare is forecast to continue rising as elderly and terminally ill patients opt for the ease of receiving healthcare at home rather than in hospitals or clinics. As with many other industry sectors, information technology is also affecting the area of healthcare services, with many healthcare bodies concentrating their efforts on setting up or enhancing their electronic medical records systems, electronic health records and personal health records.

 

Key Market Segments

 

  • The global telemedicine market is expected to record close to 20% yearly growth between 2010 and 2015, according to research from RNCOS. The sector facilitates interactive healthcare through telecommunication and technology. Market expansion is driven by the need to cut costs within the medical sector, ease of penetration and wider availability of equitable healthcare. Increasingly common conditions, such as diabetes, are also fueling telemedicine market growth. The sector benefits from rising private and state sponsorship.

 

  • The global mhealthcare and home monitoring market continues to expand, largely due to patient ease and comfort, cost cutting in the healthcare sector, and technological developments. Berg Insight estimates the number of home monitoring systems with integrated communication capabilities will record 18% yearly growth between 2010 and 2016 to reach almost 5 million connections worldwide. The number of devices with integrated cellular connectivity is forecast to grow at a yearly rate of almost 35% in the five-year period ending 2016 to reach almost 2.5 million. mHealth refers to data services, applications and communications related to mobile health. In addition, mHealthcare and home monitoring are widely used to monitor chronic conditions such as diabetes, cardiac arrhythmia, chronic obstructive pulmonary disease, ischemic diseases and hypertension. According to Berg Insight, over 200 million individuals in the US and the EU suffer from one or more diseases for which home monitoring is a suitable option.

 

  • Technological developments within the healthcare sector help to keep costs down and elaborate more suitable methods to monitor and treat medical conditions. The potential for wireless technologies remains vast, as it is relatively new to the market. There were more than two million individuals using home monitoring devices with integrated connectivity at the end of 2011.

 

  • The global regenerative medicinemarket exceeded $7 billion in 2010, according to RNCOS. This relatively new sector encompasses many disciplines including stem-cell biology, bioengineering, nano-science and tissue engineering. Factors fuelling market growth include higher incidence of degenerative diseases, aging population and technological innovation.

 

 

Market Outlook

 

The global healthcare system is increasingly overburdened, with rising numbers of people suffering from chronic diseases and lifestyle-related conditions. Expenditure continues to grow due to an expanding, and aging, global population. BCC Research points to the role played by universal healthcare coverage in boosting healthcare system efficiency. As budgets tighten and costs rise, technological development is becoming increasingly important, with health practitioners likely to continue making greater use of communications and information technology to treat their patients.

 

 

Leading Industry Associations

 

Find all the data you need on the healthcare industry - with an easy access to structured data. Explore the latest analysis and reviews.
1-10 of about 59 000 reports

Global Healthcare Industry

  • May 2015
    8 pages
  • Healthcare  

  • World  

    India  

    Thailand  

View report >

The future of the Healthcare Industry in the US

  • May 2015
    6 pages
  • Healthcare  

    Medical  

  • United States  

View report >

Healthcare Industry in France and Europe

  • May 2015
    38 pages
  • Healthcare  

  • France  

    Europe  

    Netherlands  

View report >

Healthcare Industry in Asia

  • March 2015
    23 pages
  • Healthcare  

  • Asia  

    World  

View report >

The future of the Healthcare Industry in Japan

  • January 2015
    12 pages
  • Healthcare  

  • Japan  

View report >

The future of the Healthcare Industry in France

  • January 2015
    36 pages
  • Healthcare  

    Healthcare Prov  

  • France  

View report >

Healthcare Industry in Germany

  • July 2014
    8 pages
  • Healthcare  

    Medical  

  • Germany  

    Europe  

View report >

Healthcare Industry in Italy

  • February 2015
    32 pages
  • Healthcare  

  • Italy  

View report >

Healthcare Markets in the UK

  • May 2015
    11 pages
  • Healthcare  

  • United Kingdom  

View report >

Healthcare Market Analysis in Canada

  • April 2015
    25 pages
  • Healthcare  

    Retail  

  • Canada  

    World  

    North America  

View report >


About 12 000 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 55 - $ 10 995)

European Markets for Soft Tissue Reinforcement and Regeneration

European Markets for Soft Tissue Reinforcement and Regeneration

  • $ 10 995
  • Industry report
  • April 2015
  • by iData Research, Inc.

The European market for soft tissue reinforcement and regeneration differs substantially from the U.S. market; the European adoption rate of biologics is significantly lower than that of the United States. ...

Pharmapoint: Alzheimer’s Disease - Global Drug Foreca ...

February 2015 $ 10 995

Pharmapoint: Systemic Lupus Erythematosus And Lupus Nep ...

February 2015 $ 10 995

2015 Global Outlook Of The Healthcare Industry : Digit ...

March 2015 $ 10 000

Global And Regional Mega-trends: Understanding Consumer ...

April 2015 $ 7 995

Opportunityanalyzer: Sepsis - Opportunity Analysis And ...

March 2015 $ 7 995

Storage, Transfer And Analysis Of Medical Images: Globa ...

April 2015 $ 6 650

Medical Automation Technologies, Products And Markets

April 2015 $ 6 650

Healthcare Information Technology

March 2015 $ 6 650

Medical Plastics, Bcc Research

March 2015 $ 6 650

ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - quickly, in one place.