2020 global health care sector outlook

Analysis

2020 Global Health Care Outlook

Laying a foundation for the future

Rising health care costs. Changing patient demographics. Evolving consumer expectations. New market entrants. Complex health and technology ecosystems. Health care stakeholders need to invest in value-based care, innovative care delivery models, advanced digital technologies, data interoperability, and alternative employment models to prepare for these uncertainties and build a smart health ecosystem.

Overview

With global health care spending expected to rise at a CAGR of 5 percent in 2019-23, it will likely present many opportunities for the sector. While there will be uncertainties, stakeholders can navigate them by factoring in historic and current drivers of change when strategizing for 2020 and beyond. Among these drivers are a growing and aging population, rising prevalence of chronic diseases, infrastructure investments, technological advancements, evolving care models, higher labor costs amidst workforce shortages, and the expansion of health care systems in developing markets. Health care systems need to work toward a future in which the collective focus shifts away from treatment, to prevention and early intervention. But, are stakeholders ready to respond to these trends and brace the smart health care delivery of the future? Deloitte's 2020 Global health care outlook takes a detailed look at the factors driving change in the sector and outlines suggestions that stakeholders can consider as they lay a solid foundation for the future.

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