Overview:

It’s boom-time in the global health economy. Major breakthroughs for treating major chronic diseases are reached in biotech, genetic medicine, powered in part by improved IT. These breakthroughs did not reduce costs, however. In the growing number of states where coverage is mandated, this explosion is heightened by the creation of millions of fully insured customers. New jobs in health care are materializing every day. And with the oldest baby boomers now in their mid-70s, millions more Americans have entered the period of life where their utilization of health care services is more intense and costly. As a result, health and wellness categories continue to be one of the only profitable sectors of the economy, even at the expense of others.

People:

People are truly health consumers in this future, spending more on health products and services, at whatever tier they can afford.

Organizations:

Organizations continue to struggle to balance the costs of health and health care with their profitability, while others chart new strategic directions to remain competitive in the global health economy.

Systems:

The global health economy continues to expand and blend with more players from outside industries attempting to enter the market.