Global Healthcare Market Outlook, 2020
A Decade of Change for Healthcare—Access to Key Predictions and Growth Opportunities , global economic outlook , Global Healthcare Market , digital health market
10-Jan-2020
North America
Market Outlook
Amid rising global trade tensions and sluggish global economic outlook for 2020, the global healthcare market is expected to cross the $2 trillion mark in 2020. Healthcare will be among the top two priorities for voters in the 2020 presidential election in the US. In the European region, looming BREXIT indecision is likely to have a strong impact on Europe's biggest digital health market (UK). Globally, 2020 will be a reality check for long-pending national healthcare policies and regulatory reforms that must re-invigorate future strategies. The new vision for healthcare for 2020 and beyond will not just focus on access, quality, and affordability but also on predictive, preventive, and outcome-based care models promoting social and financial inclusion. Social Determinants of Health (SDOH) will emerge has a big theme across progressive health systems to proactively engage the right patients and improve health outcomes to help healthcare organizations meet quality standards. In 2020, consumer-driven models of healthcare will gain more market traction, as they stand to better bridge the gap of what consumers want and what healthcare can deliver. Continued steps will be taken by retail (Walmart, Costco, Amazon, Ali Health), and consumer tech (Google, Apple, Microsoft, and so on) companies globally; to make further headway (intrude) into vetted healthcare space. In 2020, the convergence of Artificial Intelligence (AI), Blockchain, and the Internet of Things (IoT) will further catalyze the space of innovation adoption and related applications in the healthcare realm. For example, while Blockchain will improve data liquidity to empower AI and analytics vendors/applications to digest a large amount of data, AI can manage Blockchain systems more efficiently than humans.
Research Scope
Every year, the team of futurists, analysts, and consultants at Frost & Sullivan's Transformational Healthcare Group come together to render a comprehensive analysis to predict the themes, technologies, and global forces that will define the next 12 to 18 months (future) for the healthcare industry.
As a part of this research deliverable, Frost & Sullivan provides bold perspectives and predictions for the global healthcare market in 2020. The sectors covered include pharmaceuticals and biotech, in-vitro diagnostics, medical technologies, medical imaging, and healthcare IT. The analysis captures sectoral and regional trends and provides predictions for the upcoming year. The study provides guidance on where to find the greatest opportunities for expansion.
Key Features
Predictions for the global healthcare market in 2020 include:
- SDOH analytics platform gains traction in 2020
- AI both develops more use cases and faces more ethical challenges, beginning with radiology
- Annuity-based model catapults gene therapy commercialization
- Continued VC funding mega-rounds make 2020 a banner year for Digital Health Unicorn’s IPO exits
- Interoperability by pure-play solution vendors gain ground against standalone systems
- Telehealth gains mainstream adoption in the overall mix of healthcare services
- Precision medicine-led approaches pave the way for next-gen health data analytics solutions
- 2020 is a year of ‘Retailization’ for the healthcare industry, promoting ‘Comparison Shopping’ consumer mindset
Key Issues Addressed
- What are the top predictions for healthcare markets in 2020?
- What are the market revenues and growth rates expected for the global healthcare market?
- What are the key projections and growth opportunities for major healthcare market segments?
- What are the major macro and micro-regional/country-level trends specific to the healthcare market?
- What are the key technologies and growth opportunities to watch out for in 2020?
- What are the key companies to watch in 2020 in major healthcare market segments?
?Author: Kamaljit Behera
Research Scope
Key 2020 Healthcare Market Predictions
Key 2020 Healthcare Market Predictions (continued)
Global Healthcare Market Revenue—2019 and 2020
2020 Global Prospective—Developed Markets
2020 Global Prospective—Emerging Markets
2019 Predictions Retrospective
Key Global Healthcare Market Predictions for 2019
Key Global Healthcare Market Predictions for 2019 (continued)
Global Healthcare Revenue by Sector in 2019 and 2020
Global Healthcare Revenue by Region in 2020
Prediction 1—SDOH Analytics Platform to Gain Traction in 2020
Prediction 2—AI Both Develops More Use Cases and Faces More Ethical Challenges, Beginning With Radiology
Prediction 3—Annuity-based Model to Catapult Gene Therapy Commercialization
Prediction 4—Continued VC Funding Mega-rounds Make 2020 a Banner Year for Digital Health Unicorn’s IPO Exits
Prediction 5—Interoperability by Pure-play Solution Vendors Will Gain Ground Against Standalone Systems
Prediction 6—Telehealth Will Gain Mainstream Adoption in the Overall Mix of Healthcare Services
Prediction 7—Precision Medicine-led Approaches Will Pave the Way for Next-gen Health Data Analytics Solutions
Prediction 8—2020 Will be a Year of ‘Retailization’ for the Healthcare Industry, Promoting the ‘Comparison Shopping’ Consumer Mindset
2020 Global Predictions—US
2020 Global Predictions—Latin America
2020 Global Predictions—Europe (Excluding the UK)
2020 Global Predictions—The UK
2020 Global Predictions—The Middle East
2020 Global Predictions—Africa
2020 Global Predictions—Japan
2020 Global Predictions—China
2020 Global Predictions—India
2020 Global Predictions—South Korea
2020 Global Predictions—ASEAN*
2020 Regional Outlook—Australia and New Zealand
2020 Market Snapshot—Pharmaceuticals and Biotechnology
Pharmaceuticals and Biotechnology—Key Growth Opportunities
Pharmaceuticals and Biotechnology—Companies to Watch Out for
2020 Market Snapshot—In-vitro Diagnostics
In-vitro Diagnostics—Key Growth Opportunities
In-vitro Diagnostics—Companies to Watch Out for
2020 Market Snapshot—Medical Technologies
Medical Technologies—Key Growth Opportunities
Medical Technologies—Companies to Watch Out For
2020 Market Snapshot—Medical Imaging Equipment
Medical Imaging Equipment—Key Growth Opportunities
Medical Imaging Equipment—Companies to Watch Out For
2020 Market Snapshot—Healthcare IT
Healthcare IT—Key Growth Opportunities
Healthcare IT—Companies to Watch Out For
Seven Key Concluding Thought
Legal Disclaimer
Market Definition—Pharmaceuticals and Biotechnology
Market Definition—In-vitro Diagnostics
Market Definition—Medical Technologies
Market Definition—Medical Technologies (continued)
Market Definition—Medical Imaging Equipment
Market Definition—Healthcare IT
List of Exhibits
The Frost & Sullivan Story
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Global Perspective
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Research Scope
Every year, the team of futurists, analysts, and consultants at Frost & Sullivan's Transformational Healthcare Group come together to render a comprehensive analysis to predict the themes, technologies, and global forces that will define the next 12 to 18 months (future) for the healthcare industry.
As a part of this research deliverable, Frost & Sullivan provides bold perspectives and predictions for the global healthcare market in 2020. The sectors covered include pharmaceuticals and biotech, in-vitro diagnostics, medical technologies, medical imaging, and healthcare IT. The analysis captures sectoral and regional trends and provides predictions for the upcoming year. The study provides guidance on where to find the greatest opportunities for expansion.
Key Features
Predictions for the global healthcare market in 2020 include:
- SDOH analytics platform gains traction in 2020
- AI both develops more use cases and faces more ethical challenges, beginning with radiology
- Annuity-based model catapults gene therapy commercialization
- Continued VC funding mega-rounds make 2020 a banner year for Digital Health Unicorn’s IPO exits
- Interoperability by pure-play solution vendors gain ground against standalone systems
- Telehealth gains mainstream adoption in the overall mix of healthcare services
- Precision medicine-led approaches pave the way for next-gen health data analytics solutions
- 2020 is a year of ‘Retailization’ for the healthcare industry, promoting ‘Comparison Shopping’ consumer mindset
Key Issues Addressed
- What are the top predictions for healthcare markets in 2020?
- What are the market revenues and growth rates expected for the global healthcare market?
- What are the key projections and growth opportunities for major healthcare market segments?
- What are the major macro and micro-regional/country-level trends specific to the healthcare market?
- What are the key technolog
New Title | North America Healthcare Market - Growth Opportunities, Analysis, Forecast, North America,2020 |
---|---|
New Subtitle | A Decade of Change for Healthcare—Access to Key Predictions and Growth Opportunities , global economic outlook , Global Healthcare Market , digital health market |
Deliverable Type | Market Outlook |
No Index | No |
Podcast | No |
Predecessor | K319-01-00-00-00 |
Author | Kamaljit Behera |
Industries | Healthcare |
WIP Number | K40D-01-00-00-00 |
Is Prebook | No |
GPS Codes | 9564-B1,9575-B1,9600-B1,9612-B1,9AD7-B1,9562-B1,9566-B1,9570-B1,9571-B1,9573-B1,99BC-B1,99C1-B1,99C6-B1,9A47-B1,9A48-B1,9A49-B1,9A4B-B1,9568-B1,9611-B1,9614-B1,9627-B1 |