New Kalorama Report Identifies 27 Market Disruptors in Healthcare

ROCKVILLE, Md., March 20, 2018 /PRNewswire/ -- Trump Administration health policies in the U.S., Brexit and austerity in Europe, heavy M&A activity and the targeting of healthcare by Amazon and Apple is adding up to an "Era of Uncertainty" in healthcare, according to Kalorama Information. The healthcare market research firm said that while healthcare is constantly changing, current global socio-economic trends are quickly changing the way that virtually all industries operate. And in healthcare, there are 27 potential disruptors that the firm has identified that could have large impact on the market. Kalorama Information's report, The Era of Uncertainty in Healthcare: 27 Factors That Could Disrupt the Market, discusses these factors and makes forecasts for the next ten years.

Changes that particularly impact the healthcare industry include:

  • New U.S. Administration - Attempts to repeal ACA, statements about drug pricing, information technology policies, repeal of the individual mandate and other changes are currently underway.
     
  • Brexit and Its Impact on European Markets - with so many healthcare firms located in Europe, changes in Brexit could impact markets.
     
  • Rising Rates of Disease Diagnosis and Treatment - While reimbursement and supply may be issues, what is clear is more patients globally are being diagnosed for disease.
     
  • Mergers and Acquisitions in the Healthcare Sector - a high rate of mergers has occurred as companies seek growth by acquisition and seek new technologies and expertise.
     
  • High and Rising Out of Pocket Spending on Healthcare - U.S. rates of out of pocket spending are on the rise, while globally there is increased private insurance and some out-of-pocket.
     
  • Physician Shortages - Supply provision may be threatened as the population of physician decreases.
     
  • The "Gig Economy" - Workers with job-to-job employment will pressure the existing healthcare insurance system.

"There's so many factors impacting markets right now that they need to be considered in a multivariate analysis," said Bruce Carlson, Publisher of Kalorama Information. "So once you are done with aging populations and emerging markets, you've got to price in reimbursement changes in developing markets. Once you've done that, you've got to consider new technologies. We've done that with this report."

Kalorama notes that increasing population is one such factor. Over the past 50 years, the world's population has expanded significantly and over the next decade, this growth is expected to continue. As shown in Exhibit 2-1, the total population expanded by 1.14% per year from 6.8 billion in 2008 to more than 7.6 billion in 2018 and is expected to exceed 8.5 billion by 2028. Greatest growth will occur in Africa at an estimated 2.55% per year, followed by Oceana at 1.43% per year and Asia at 0.94% annually. By 2050:

  • India will become the world's most populous country with 1.7 billion people, with China in second place at 1.3 billion. Currently, China is at 1.4 billion, compared with 1.3 billion in India;
     
  • India will also register the largest numerical increase in population of any country, adding 323 million people. Nigeria will post the second-largest rise at 220 million, followed by Democratic Republic of Congo at 134 million;
     
  • population of 30 countries, nearly all in Africa, will at least double by 2050;
     
  • the population of the U.S. will be 397 million, up from 325 million today;
     
  • 39 countries will have smaller populations in 2050 than in 2017. China will register the largest decrease of 44 million, followed by Japan at 25 million and Ukraine at 9 million.

There are 26 other factors that Kalorama processes into detailed economic forecasts for the overall healthcare market and the pharmaceutical market 2017-2027.

About Kalorama Information

Kalorama Information, a division of MarketResearch.com, supplies the latest in independent medical market research in diagnostics, biotech, pharmaceuticals, medical devices and healthcare; as well as a full range of custom research services. Reports can be purchased through Kalorama's website and are also available on www.marketresearch.com and www.profound.com.

We routinely assist the media with healthcare topics. Follow us on Twitter, LinkedIn and our blog on our company website: https://www.kaloramainformation.com/.

Press Contact:
Bruce Carlson
212 807 2262
bcarlson@marketresearch.com

 

 

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