MedTech - Thematic Research

May 2018 •
33 pages •
Report ID: 5353584 •
Format: PDF

Summary
Table of contents
Search Inside

MedTech - Thematic Research

Summary
Global Healthcare industry is worth $8 trillion. At over $10,000 per capita, US healthcare spending is 30% higher than the world’s second highest spender - Switzerland - and approximately 6.5 times higher than levels in China. Because of this higher spending, the implication is that the US healthcare sector is wasteful.

There has been a surge of interest in whether or not better technology might extract greater efficiency gains. Thus far, the global healthcare industry -especially the US healthcare industry - has been slow to modernize due to the fact that the industry is complex, risk averse, and highly regulated.

For hundreds of years, the key drivers of progress in healthcare were biology and chemistry.Now, they are data science and software.

Organizations are utilizing Internet of Things (IoT) technologies to access real-time data and gain visibility into their operations throughout the manufacturing value chain.

The global IoT devices market in the healthcare sector is expected to grow at a Compound Annual Growth Rate (CAGR) of 47.3% from 2016 to 2020, to over $500M. Big Healthcare is being gradually undermined by swelling networks of connected biosensors, ubiquitous mobile devices, and cloud-based healthcare apps. Collectively, these phenomena are grouped under the umbrella term, “The Internet of Medical Things”.

The six enabling technologies that are set to transform the healthcare industry over the next two years are -
- Genomics
- Mobile Health
- Health IT Systems
- Robotics
- Virtual/Augmented Reality
- 3D Printing

Scope
- This report analyses the growth of healthcare spending.
- It discusses the importance and benefits of technologies such as the internet of things (IoT), which is expected to shake up healthcare.
- It identifies six enabling technologies that are set to transform the healthcare industry over the next two years, together with the respective winners.

Reasons to buy
- The report focuses on big players in key healthcare technology categories that may be disrupted over the next two years.
- It highlights the key technology trends that are expected to occur over the next two years in the global healthcare sector.
- It provides an overview of how technology is changing the delivery of healthcare.
- It gives an insight into the technologies with the most potential impact on the value chain.
- It highlights some disruptive healthcare technologies.
- The report also offers an industry analysis and digital health highlights across major therapy areas in 2017.

Ahmad helps you find the right report:

+1 718 618 4302
Contact by email

FAQ

Testimonials

The market research advisor answered my questions quickly and professionally. ReportBuyer's team did their best to ensure that I felt comfortable before making the investment to purchase the report.

Cristian Nunez

Director of Corporate Development Chugach Alaska Corporation

My overall experience with ReportBuyer today has been very positive, and I must thank you for your patience (...). Also, the sample you sent me and the explanations provided were very helpful.

D. Lescuyer

Executive Vice President Oral Business at Skyepharma

The research specialist was very helpful, and proposed the best content for my needs. ReportBuyer also offered a great follow-up, thanks for everything !

P. Thompson

EMEA Managing Director

We were satisfied with the support that ReportBuyer's team provided. Thanks to their recommendations, the report we purchased provided exactly what we want.

Y. Wang

Business Analyst

We didn't have time to do the research internally, and thanks to ReportBuyer's team we were able to find the appropriate data.

S. Chen

Research Coordinator

I was impressed by the customer service: it was fast, responsive, and 100% professional !

D. Krivan

Market Research Analyst

The research specialist provided prompt and helpful service. He also followed up to ensure I had all the information to deliver my business development plan.

C. Adams

Senior Business Development Manager