10 things to know about the future of global healthcare

Meeting the increasing demand for healthcare services while reducing costs is goal not specific to the U.S. health system — it's global, according to a recent report from Deloitte.

Highlighted below are 10 things to know about the global healthcare sector outlook for next few years, as outlined by Deloitte.

  • Global healthcare spend is expected to grow 5.2 percent annually to 2018.
  • The Middle East and Africa expect to see the biggest growth in annual healthcare spend, at 8.7 percent.
  • Healthcare spend is expected to grow 4.9 percent annually in North America.
  • The percentage of the world population over 60 is expected to rise from 2.4 percent (between 1980 and 2010) to 7.6 percent (from 2010 to 2040).
  • In the next 10 years, total deaths from diabetes are projected to rise by more than 50 percent.
  • Tobacco will kill 7.5 million people each year by 2020, accounting for roughly 10 percent of deaths worldwide.
  • Political uncertainty, economic stress and austerity measures in numerous counties will likely call into question the sustainability of public healthcare funding.
  • Forces expected to shape the market over the next few years include competition for talent, consumerism, vertical and horizontal integration and cross-industry M&A.
  • Advances in health IT are expected to transform the way stakeholders interact.
  • Healthcare regulations and compliance will likely focus on drug and patient safety, payment transparency, and how security breaches and cyber attacks impact protected health information.



More articles on global health:
WHO: End unsafe injections with 'smart' syringe use
5 ways net neutrality affects healthcare
Weill Cornell Medical College receives NIH grant to study tuberculosis epidemic


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