Healthcare and Innovation

Health care is an industry in need of innovation. Health plans, providers, life sciences companies, and the government are facing rising costs and inconsistent outcomes. They are working to improve care and health outcomes, all while reducing costs and spending. What innovations are most likely to help stakeholders achieve these goals and transform health care over the next 10 years.

Healthcare has a significant part of a words economy. In 2011, the healthcare industry consumed an average of 9.3 percent of the GDP or US$ 3,322 (PPP-adjusted) per capita across the 34 members of OECD countries. The US (17.7%, or US$ PPP 8,508), the Netherlands (11.9%, 5,099), France (11.6%, 4,118), Germany (11.3%, 4,495), Canada (11.2%, 5669), and Switzerland (11%, 5,634) were the top spenders, however life expectancy in total population at birth was highest in Switzerland (82.8 years), Japan and Italy (82.7).

  • Next-generation sequencing
  • 3D-printed devices
  • Immunotherapy
  • Artificial intelligence
  • Point-of-care diagnostics
  • Virtual reality
  • Leveraging social media to improve patient experience
  • Biosensors and trackers
  • Convenient care
  • Telehealth

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