Opportunities for New Market Participants · Healthcare Industry Global Crisis – Call for Care...
Transcript of Opportunities for New Market Participants · Healthcare Industry Global Crisis – Call for Care...
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Opportunities for New
Market Participants
September 17, 2019
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Focus Points - Agenda
Source: Frost & Sullivan
Healthcare Industry at a Crucial Juncture –
The Status Today
Decentralization of Care Delivery Models –
Future Alternate Care Locations
Opportunities for New Technologies and Service
Bundles
Key Takeaways
1
2
3
4
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Source: OECD; WHO; Frost & Sullivan
The Healthcare Industry is at a Crucial Juncture If nothing is done, these challenges are strong enough to cripple economies.
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Wellness Management – Prescriptive or Ownership Based Healthcare industry shifting ownership on patients - focusing on prevention and wellness
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Top Predictions for the Healthcare Industry
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Prediction#1: Value-based Care Progresses as Outcomes Focus
Globalizes
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Prediction #2: AI explodes across Healthcare & Life Sciences post
Flagship use cases yield Positive Results
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Prediction #3: Digital health will come of age with an increased focus on
Individual Care
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Healthcare Industry’s Transition and its Impact on Stakeholders
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Focus Points - Agenda
Source: Frost & Sullivan
Healthcare Industry at a Crucial Juncture –
The Status Today
Decentralization of Care Delivery Models –
Future Alternate Care Locations
Opportunities for New Technologies and Service
Bundles
Key Takeaways
1
2
3
4
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Decentralization of Care Delivery Model
Source: Frost & Sullivan Analysis
Emerging Model
Pharmacy Patient
Visits…
Path Lab
Clinic
Health &
Wellness
Stores
Patient
Searches…
Calls payer
/ friends /
doctor
(referral)
[In-network, affordable co-pays]
Telemedicine
Home Testing / Collection
Online stores [nutrition, wellness, medical devices]
House Call
Products
and
Services
Visit
Patient
Patient
Searches… Online
Doctor /
Hospital /
Pharmacy
[In-network, affordable co-pays]
Doctor /
Hospital /
Pharmacy
E-pharmacy / 3rd party delivery
Care Delivery Moving to the Home Environment
Baby Boomers & Tech-
savvy Millennials Traditional Model
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Future Alternate Care Locations Technology & data driven paradigm shift for future care delivery innovation
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Focus Points - Agenda
Source: Frost & Sullivan
Healthcare Industry Global Crisis –
Call for Care Delivery Transformation
Decentralization of Care Delivery Models –
Future Alternate Care Locations
Opportunities for New Technologies and Service
Bundles
Key Takeaways
1
2
3
4
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Shifting Role of Stakeholders
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Key Areas of Healthcare Innovation Driving Market Opportunities for New
Technology and Service Bundles
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Smart Health and Wellness Framework
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Evolution of Healthcare Services using Smart Solutions
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The Opportunities will Continue to Attract Digital Health Products and
Services
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Focus Points - Agenda
Source: Frost & Sullivan
Healthcare Industry Global Crisis –
Call for Care Delivery Transformation
Decentralization of Care Delivery Models –
Future Alternate Care Locations
Opportunities for New Technologies and Service
Bundles
Key Takeaways
1
2
3
4
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Strategic Imperatives
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Healthcare Digital Transformation Framework
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Healthcare Digital Transformation Framework – Digital Ecosystem
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Regional Readiness Assessment
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Industry Participants
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Role of Academic hubs – Clusters / Innovation Centres
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Q&A
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Contact Details
Siddharth Saha Vice President, Transformational Health
Frost and Sullivan
+ 44 (0)208 996 8555
www.frost.com