The COVID-19 pandemic is placing enormous strain on the global health care sector’s workforce, infrastructure, and supply chain, and exposing social inequities in health and care. COVID-19 is also accelerating change across the ecosystem and forcing public and private health systems to adapt and innovate in a short period.
A number of foundational shifts are arising from and being exacerbated by COVID-19’s spread. Examples include consumers’ increasing involvement in health care decision-making; the rapid adoption of virtual health and other digital innovations; the push for interoperable data and data analytics use; and unprecedented public-private collaborations in vaccine and therapeutics development. Amid these dynamics, governments, health care providers, payers, and other stakeholders around the globe are being challenged to quickly pivot, adapt, and innovate. In our 2021 Global Health Care Outlook, we look in detail at six issues driving change in the health care sector and present questions and actions health leaders should consider in the coming year. How stakeholders analyze, understand, and respond to these issues will shape their ability to navigate from recovering to thriving in the post-pandemic “new normal” and advance their journey along the path to the Future of Health.
Consumers are driving—and accelerating—the pace of change in health care. Their needs and goals are driving innovation in health-related products, services, and tools. Their preferences are driving the development of digitally enabled, on-demand, and seamlessly connected clinician-patient interactions. Their demands are driving the transition to patient-centric care delivery across geographies and socio-economic groups. And their expectations are driving industry stakeholders to elevate a transactional patient/customer health care encounter into a holistic human health experience.
Health care organizations around the world are struggling to solve long-present challenges of affordability, access, quality, and efficiency. However, existing care models can impede their efforts to adapt and evolve for the future. Care model innovation can help deliver a more effective and satisfying patient and clinician experience and bend the cost curve.
Digital transformation can help individual health care organizations and the wider health ecosystem improve ways of working, expand access to services, and deliver a more effective patient and clinician experience. Three technologies are playing increasingly pivotal roles around the globe—cloud computing, artificial intelligence (AI), and virtual care delivery.
An increasing demographic of underserved consumers and communities is leading to health inequities—systematic disparities in the opportunities groups have to achieve optimal health, leading to unfair and avoidable differences in health outcomes. What can health care stakeholders do to make health more equitable? Today’s socio-economic, mental, and behavioral health crises have made it clear that players across the health care landscape need to innovate to better serve the whole-health needs of people across the world.
One legacy of the pandemic is likely to be a renewed focus on collaboration across the health ecosystem. Traditional boundaries have become more porous or even erased, creating opportunities for new health care behaviors, new business and funding models, and more effective stakeholder collaborations, leading to novel combinations of products and services from incumbents and new entrants.
Addressing near-term workforce challenges arising from COVID-19—in particular, safeguarding frontline staff’s safety and well-being—while also building future workforce adaptability and resilience will require data-driven, human-centric solutions that allow organizations to move quickly to support evolving employee needs.
Review or download previous health care sector outlooks.
2020 global health care sector outlook