The Era of Uncertainty in Healthcare 2018 - Details Current Challenges and Upending Factors in Healthcare Markets Globally

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Apr 13, 2018, 10:45 ET

DUBLIN, April 13, 2018 /PRNewswire/ --

The "The Era of Uncertainty in Healthcare: Amazon, Brexit, Trump, MACRA, Gig Workers, Aging - 27 Factors That Could Disrupt the Market" report has been added to ResearchAndMarkets.com's offering.

Brexit, Trump Administration healthcare policies, austerity in Europe, heavy M&A activity and the targeting of healthcare by Amazon and Apple are among the factors adding up to an "Era of Uncertainty" in healthcare, according to analysis from this report. Current global socio-economic trends are quickly changing the way that virtually all industries operate.

In healthcare, there are 27 potential disruptors that could have a large impact on the market:

New US Healthcare Policies/ACA Status
Reimbursement Changes in Europe and Other Developed Nations
Brexit
Emerging Countries
Demographic Changes
Ransomware and Blockchain Strategies
Telemedicine
Walk-in Clinics
MACRA
Empowered Consumers
"Gig" Economy
Value-Based Reimbursement
Brazilian Biotech Market
Healthcare in China
Association Healthcare Plans
Brazil as a Significant Pharma Player
Technology Advances
Physician Shortages, Advanced Nurse Surplus
Changes in Drug Sourcing
Mergers and Acquisitions
IPO and Venture Investment
Plus Others

This report details current challenges and upending factors in healthcare markets globally. It also processes these developments into useful market forecasts in overall healthcare and pharmaceuticals specifically, in 18 ten-year forecast tables.

Empowered Healthcare Consumers - The Internet has dramatically increased the availability of medical, health and wellness information for consumers in virtually all world markets. As of early 2018, almost 4 billion people used the Internet, representing over 52% of the world's population. Usage is highest in North America and Europe, with about 90% and 80% of the population online, respectively. While just 32% of Africa is online and about 48% of Asia, these proportions are expected to increase strongly over the next several years.

As a result, consumers are easily able to access:

Health and wellness information in online publications, platforms and communities;
Provider (physician, hospital, lab, insurance) websites and information

As a result, patients are becoming better educated and informed. By learning about the availability of healthcare products and services in other areas and connecting with other providers, they are also increasing competition in the marketplace.

MACRA and Value Based Reimbursement - Also known as Quality-Based Reimbursement, VBR is a means to compensate care providers in a way that ties payments to the quality of care provided while rewarding providers for efficiency and effectiveness. It is an alternative to fee-for-service (FFS) reimbursement which pays providers for services delivered based on bill charges or annual fee schedules.

The Gig Economy is a relatively new term that refers to the growing shift away from fulltime employment towards part time, temporary and/or project work as a means to earn income. These two forms of professional activity are structured quite differently although both forms may be utilized to perform similar functions - ie. some workers in a particular company or profession may be characterized as fulltime, while others may be legally characterized as temporary or project workers.

Increasing and Aging Populations - Over the past 50 years, the world's population has expanded significantly and over the next decade, this growth is expected to continue. 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.

Trump Administration Positions and New Policies -In December 2017, President Trump signed a bill repealing the Individual Mandate of the ACA beginning in 2019. The mandate is a core component of the Affordable Care Act and fines people who do not have health insurance. For tax year 2017, this fine is either 2.5% of the individual's total household income, or $695 per uninsured adult and $347.50 per uninsured child (up to a maximum of $2,085), whichever figure is higher. But the tax bill leaves every other major component of the ACA intact.

Research Analysis: Processing the 27 Factors into Market Forecasts

This unique report takes a look at these factors and how they could impact pharmaceutical and healthcare markets.

The report includes the following forecasts:

Global Healthcare Market, 2017-2027 - Worst Case/Best Case/Most Like Case Scenario
U.S. Healthcare Market, 2017-2027 - Worst Case/Best Case/Most Like Case Scenario
Europe Healthcare Market, 2017-2027 - Worst Case/Best Case/Most Like Case Scenario
Global Pharmaceutical Market, 2017-2027 - Worst Case/Best Case/Most Like Case Scenario
U.S. Pharmaceutical Market, 2017-2027 - Worst Case/Best Case/Most Like Case Scenario
Europe Pharmaceutical Market, 2017-2027 - Worst Case/Best Case/Most Like Case Scenario

Key Topics Covered

1. Executive Summary

The Global Healthcare Industry
Scope and Methodology

2. Overview

Introduction
Factor One: Global Demographic Shifts
Global Population Growth and Aging
Obesity
Factor Two: The Gig Economy
Factor Three: Pace of Technology Advancements Increase
Global Healthcare Trends
Factor Three: Rising Rates of Disease Diagnosis and Treatment
Factor Four: Growing U.S. Out of Pocket Spending on Healthcare
Factor Five: Alternative Therapies and Energy Medicine
Factor Six: Healthcare IPO Boom
Factor Seven: Mergers and Acquisitions
Product Launches
Factor Eight: Bitcoin and Blockchain
Factor Nine: Amazon and the New Healthcare Behemoths
Factor Ten: Threats of War

3. Key Issues: U.S.

Introduction
Factor Eleven: Affordable Care Act Changes/Individual Mandate Repeal
Individual Mandate Repeal
Factor Twelve: Association Healthcare Plans
Total Repeal
Further Changes to the ACA
Factor Thirteen: MACRA, PAMA and Reimbursement Changes
MACRA and Value Based Reimbursement
Factor Fourteen - Remote Patient Monitoring and Telehealth
Factor Fifteen: Hospital Production of Generic Medicines
Factor Sixteen: Legalization of Marijuana
Factor Seventeen 2017 Tax Reform Legislation Consequences
Factor Eighteen: Physician Shortage, NP Surplus
Physician Shortage
Advanced Practice Nurse Surplus
Older Workers
Factor Nineteen: Urgent Care and Retail Clinics
Urgent Care Centers
Retail Clinics
Other Healthcare Venues
Factor Twenty: U.S. Opioid Crisis
Factor Twenty-One: Ransomware and Cybercrime

4. Key Issues: Europe

Introduction
Economic Rebound in the Eurozone
Factor Twenty-Two: Brexit
Factor Twenty-Three: Austerity
UK
Factor Twenty-Four: Bailout EU Nations: Greece, Ireland, Portugal, Spain, Cypress
Technology Laggership in Europe
High Costs of Doing Business

5. Key Issues: Emerging Markets

Introduction
Factor Twenty Five: Developed Nations Turn to Biotech
Table Key Indicators: Tier I Countries, 2017
Growing Pharma and Biotech Industries
Factor Twenty-Six: Rise of Eastern Europe
China and India
Changing Disease Patterns
Factor Twenty-Seven: China/India Healthcare Reform, Brazil Pharma Reform
Intellectual Property Struggles
Corporate Incentives
China and India Focus on Biotech
Shift from Generics to Innovative Products
Outsourcing Boom
Tier III Countries
Brazil Pharma's Boom
Political and Economic Instability

6. Considering the 27 Factors - Best/Worst/Moderate Case Market Forecasts

Overview
Table Total Global Healthcare Market Growth for Best Case, Most Likely & Worst Case, 2017 - 2027, in $Billions
U.S. Healthcare Market
Europe Healthcare Market
Asia Healthcare Market
Total Pharmaceutical Market Forecasts
U.S. Pharmaceutical Market
Europe Pharmaceutical Market
Asia Pharmaceutical Market

For more information about this report visit https://www.researchandmarkets.com/research/4hjj3c/the_era_of?w=5

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