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IDC FutureScape: Worldwide Health Industry 2020 Predictions

Published by IDC Product code 574550
Published Content info 18 Pages
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IDC FutureScape: Worldwide Health Industry 2020 Predictions
Published: October 31, 2019 Content info: 18 Pages
Description

This IDC study discusses the health industry top 10 predictions for 2020."The 2020 worldwide health industry predictions highlight the evolution of healthcare and life science organizations in the race to becoming future enterprises," says Mutaz Shegewi, research director, IDC Health Insights. "Future enterprises break away from traditional health industry practices by embracing digital transformation at scale. These digitally determined organizations organize around high-value, high-growth digital transformation use cases where reinvention becomes commonplace and operations are at hyperscale, hyperspeed, and hyperconnected."

Table of Contents
Product Code: US44351519

IDC FutureScape Figure

Executive Summary

IDC FutureScape Predictions

  • Summary of External Drivers
  • Predictions: Impact on Technology Buyers
    • Prediction 1: Economics Will Drive the Near-Term Use of RWE in Quantifying Existing Best Practices and Value in the Life Sciences, Resulting in 50% of Strategic Insights Directly Supported by RWE by 2021
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 2: Worldwide, More than 50% of Pharmaceutical and Biotech Manufacturers Will Employ Prescriptive Analytics or AI Using IoT Data to Optimize Their Supply Chains by 2021
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 3: By 2021, the Percentage of Health Organizations That Will Leverage Technology to Integrate All Dimensions of Health to Deliver Personalized Care and Demonstrate Improved Outcomes Will Grow to Only 50%
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 4: Responding to Increased Healthcare Costs and Consumer Pressures, "Benefit Plans of One" Will Be Offered in 30% of Health Plans for Engaged Consumers by 2022
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 5: By 2022, 30% of Pharma Companies and 40% of Healthcare Providers Will Offer Smartphone or Smartwatch Apps to Improve Medication Adherence and Patient Engagement
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 6: By 2022, 20% of Healthcare and 30% of Life Sciences Organizations Will Have Achieved Data Excellence via Advanced Data Analytics and Intelligent Cores That Support Human-Machine Collaboration
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 7: By 2023, 30% of Health and Life Sciences Organizations' Business and Clinical Decisions Will Be Informed by AI Insights and One-Fifth Will Be Undermined by a Lack of Business/Clinical Involvement
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 8: By 2023, Human-Machine Collaboration and AI-Driven Interfaces Will Have Revolutionized the Future of Work in One Out of Three Health Systems and Hospitals
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 9: By 2024, Wearables Vendors Will Account for 20% of the Worldwide Hearing Aid Market for Mild to Moderate Hearing Loss
      • Associated Drivers
      • IT Impact
      • Guidance
    • Prediction 10: By 2025, 40% of Hyperconnected Innovation Will Be Driven by Large-Scale Social, Health, and Environmental Goals and Delivered via Ecosystems That Include Industry Players, Academia, and Government
      • Associated Drivers
      • IT Impact
      • Guidance

Advice for Technology Buyers

External Drivers: Detail

  • The Age of Innovation: Driving the Future Enterprise
  • Accelerated Disruption: Navigating Business Challenges as Volatility Intensifies
  • The Platform Economy: Competing at Hyperscale
  • Sense, Compute, Act: Maximizing Data Value
  • Crisis of Digital Trust: Escalating Threats Mandate Strategic Responses
  • Intelligence Everywhere: AI's Opportunity and Implications
  • Rising Customer Expectations: More Convenience, Customization, and Control

Learn More

  • Related Research
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