Healthcare & Medical

United States

The U.S. spends more than $3 trillion (nearly 18% of GDP) on healthcare — two times or more dollars per capita than other developed nations, for quality and outcomes that lag these global peers.

Constituents throughout the healthcare value chain face highly dynamic environments that are impacted by a number of key trends, including an aging and less healthy population; political and regulatory uncertainty; migration to value-based and accountable care models; integration across the care continuum; payer and provider consolidation; new and increased access to data, innovation and technology; increasing levels of consumer engagement and expectations; and increasing recognition of the role of social determinants of health. To make matters more complex, participants are migrating into each other’s spaces, and nonparticipants are entering the healthcare fray. For example, managed care organizations are buying providers; providers are offering health plans; and Apple, Google and other iconic brands are finding ways into the consumer engagement arena.

Europe

In Europe, aging populations are placing significant burdens on healthcare delivery systems and payers to “do more, better, with less.” Providers are working to drive clinical excellence and consistency across their activities, and to create improved linkages across different care pathway settings. Ancillary service providers, such as diagnostic imaging, dialysis and pathology lab companies, are using operational best practices across their increasingly international networks to improve quality for lower cost. 

Asia-Pacific

The Asia-Pacific region has a wide-ranging set of healthcare systems with varied maturity profiles ― most emerging markets in the region have nascent public healthcare reimbursement systems, while established markets have a higher degree of universal coverage.  Healthcare systems across the region are rapidly evolving, with overall healthcare spending projected to surge to US$2.3 trillion by 2026. Aging populations and the rapidly growing burden from noncommunicable diseases — fueled in part by an increasingly urbanized lifestyle — are driving demand. Especially in Southeast Asia, private healthcare providers are capitalizing on this demand by addressing the systemic issues in public health.