Health care — which already accounts for 10% of global GDP — is embarking on a once-in-a-lifetime transformation. Health systems and players are under increasing cost pressure — driving them to seek more sustainable approaches, including incentives that emphasize value. These cost pressures are exacerbated by changing demographics, rising incomes in rapid-growth markets and an imminent chronic-disease epidemic. An explosion in big data and mobile health technologies is enabling real-time information creation and analysis. Companies beyond health care as traditionally defined are entering the fray, providing new sources of competition and partnering.
Source : EY