Cisco ceo john chambers believes american health care has reached a tipping point. Disruption from sources like automation, digital interconnectivity and the peer economy are set to shake up the health sector as they are other sectors, says dr stefan hajkowicz, senior principal scientist from the csiro, yet it will be the human factor which determines the. Watch our latest video on the megatrends as david lancefield, partner, pwc, gives an overview on how the megatrends are shaping business and society today and in the future, and how foresight. For example, bostons children hospital implemented a pharmacistled pharmacogenomics service with the aim to reduce adverse drug reactions using pharmacogenomics. Pwc health research institute hris global top health industry issues report. Other sectors will feel the impact of different megatrends. Health worldwide the level of medical care increases rising health costs especially in industrialized countries financial deficits in welfare system. The 5 megatrends that are changing the face of health care. Social trends such as ageing which will generate new busi nesses in health care as health, wellness, and wellbeing become a major megatrend generating prev entive action. A child today is more likely to live past infancy than at any other point in history. Health care futures are typified by a convergence of drivers or megatrends that are rapidly shaping health care futures.
Primary care providers will have to build new service lines around prevention and wellness in order to manage the chronic illnesses of the ageing population. Medicine is undergoing a group of interrelated revolutions that are dramatically changing how health care will be administered. Sampling of reports and articles from consulting firms such as a. The trends in this group had growth rates that were especially strong or. Megatrends represent long term shifts in behavior or attitude that have a global impact, cross multiple industries and explain the fastpaced change taking place. In a new threepart series summarizing the program, we will. As a consequence of such coordination and integration, future merging efforts of current health. Companies may call megatrends by different names, but most companies have organized. The global economic impact of the five leading chronic diseases cancer.
Health care megatrends 2001 in search of a vision john d. Understanding implications of key mega trends on global economy. Increased demand in developing countries, technological advances that lead to personalized medicine, and an influx of aging populations are. Mega health systems mergers and acquisitions among insurance companies, hospitals and health systems, pharmaceutical supply chain members and other healthcare entities will result in megahealthcare systems managed by giant organizational entities. In a recent webinar for pharmavoice, manatt health revealed the megatrends reinventing the life sciences industryand how they relate to new thinking by patients, providers and payers. Multiple forces including the mitigation of additional funding from the affordable care act are combining to form headwinds against profit pool. Health care foresight deloitte sg life sciences and. There will be about 1 billion more of us, and we will live longer. Euromonitor 20 megatrends to shape the world by 2030. An aging population living longer means more care is needed into the active 90s.
Health care futures are typified by a convergence of. Driven by global and local megatrends 7 16 26 31 35 electricity 1873 46 telephone 1876 radio 1897. Seven healthcare industry trends to watch in 2020 mckinsey. Megatrends are macroeconomic forces that are shaping the world. Advances in global education, health and technology have helped empower individuals like never before, leading to increased demands for transparency and participation in government and public decisionmaking. Megatrends are omnipresent but growing in importance. Health systems and payers are under increasing cost pressure driving them to seek more sustainable approaches, including incentives that emphasise value.
Assessment of global megatrends policymaking because europes systemic environmental challenges and response options are increasingly shaped by global drivers. Similarly to other advanced economies, europes relative size and influence on the global economy is expected to. Megatrends affecting science, technology and innovation. A broad range of economic and social trends will influence the future of global public health. Using the latest research findings from leading global institutions. How and where we design, sell and manufacture products will become both hyperglobal and hyperlocal thanks to us now living in a globally connected world with a diverse set of. Current trends in health care delivery and management such as. According to boumphrey, for a business to thrive in a fastpaced market, meet disruptions directly and stay ahead of changes in consumer and customer behavior, it must embrace the. Shift in global economic power demographic and social change climate change and resource scarcity technological breakthroughs megatrends there are five megatrends that are shaping business and society, and these macroeconomic forces will have a significant impact on global mobility. A case for the future of global health harvard public. The fastest growing demographic will be the elderly, with the population of people over 65 years old at 1 billion by 2030. Megatrends are defined as the great forces in human and technology development that affect the future in all areas of human activity, in a horizon of ten to fifteen years. Health care which already accounts for 10% of global gdp is embarking on a onceinalifetime transformation. Healthcare quality and safety structure and financing of global health aid.
Megatrends, threats, and opportunities in global health. Part of the fun of ringing in the new year is looking back on the achievements of the previous one. Worlds top global mega trends to 2020 and implications to. There are five megatrends in healthcare that promise to disrupt the industry in 2018, according to gallup here are the five deciding trends gallup analysts believe are shaping the contemporary. Assessment of global megatrends european environment agency.
The growth in genome sequencing is the result of megatrends including health and wellness, lifescience advances, and aging societies. Global knowledge networks who, world bank, academic research centers. Facebook home could change our brains susan greenfield neuroscientist. Health care foresight introduction health care futures are typi. Aquaculture driving the expansion of global fish supply7 south and east asian countries will continue dominating overall aquaculture production, with china, india, indonesia and viet nam. Megatrends and enabling subsectors 1 care where and when the patient wants it. Megatrends in healthcare that will improve your quality of life, thomas nelson, august 2007. The following document sets the stage for visionary thinking by identifying the most important global mega trends, potential scenarios of specific trends in 2020, and. The 5 megatrends that are changing the face of health care no matter what the supreme court does with obamacare, the industry that consumes onefifth of the u. Overview of global megatrends affecting local and regional governments municipal workers services municipaux servicios municipales. However, no one could argue that the flattening of the world truly skyrocketed when the internet was born. Exploring the socioeconomic, demographic and technological forces impacting our future.
Most of those new billion will be in the middle class economically, as the percentage of citizens in dire poverty continues to drop a rare sustainability win. The megatrends of tomorrow s world megatrends the megatrends of tomorrows world megatrends 4 5 historically, transactions were managed with the use of handwritten accounting ledgers in which the type, amount, and parties of a transaction were captured. Experts are predicting that 20% of the nations hospitals will seek to merge in the next five to seven years. Global megatrends shaping our future megatrends by hp. Her mother is less likely to have died during childbirth and her father is less likely to be murdered or to go to war. These megatrends are occurring in areas that include genomics, imaging, pharmaceuticals, the operating room, and alternative and complementary medicine. Regardless of which political party you favored in the most recent election, the only thing that seems certain about the future of healthcare is turmoil and uncertainty. Global megatrends and planetary boundaries europe is part of a highly globalised world that is characterised by a variety of largescale, high impact and often interdependent changes, known as global megatrends. By definition, they are big and include some of societys biggest challenges and opportunities. With this challenge in mind, the european environment agency in 2010 produced its first assessment of emerging global trends as part of assessment of global megatrends an update its fiveyearly flagship report on the european environments state and outlook soer 2010.
Beyond the noise the megatrends of tomorrows world 1. Global health crises cause devastation to human lives and livelihoods much as do wars, financial crises, and climate change. Global megatrends part 2 tech, health care and global. Previous editions of global trends have also identified megatrends, and if there is one part of gt2030 that is the most mature and welldeveloped, it is this megatrends aspect of the.
And in 2014, there were plenty of health care success stories to. Health care is changing rapidly and unless we do the right things and do them well, care. To download the full paper on healthcare industry megatrends, click here. Megatrends and the future of innovation jon lindekugel senior vice president, 3m business development november 17, 2015. They are factual and often backed by verifiable data. Lets face it, you cant turn on the television, open a newspaper, or glance at twitter these days without suffering through the latest rant about americas healthcare system. This is mainly due to organizational and budget difficulties of public. For example, while unprecedented economic and population growth over the last 100150 years has resulted in excessive burdens on the global ecosystem, resource demands and. At the heart of global trends 2030 are four megatrends that it identifies as the most significant trends that will affect the world looking out over a decadeandahalf into the future.