Current trends in 2014 for the Global healthcare sector

Some of the current trends in 2014 for the Global healthcare sector, are as follows:

1.       Healthcare spending

-          6.6 % of the GDP in Asia/ Australasia is spent on healthcare

-          Healthcare spending is increasing at 5.3%  annually

2.       Ageing population and chronic diseases

-          Current growth rate of the older population is 1.9 percent

-          Chronic diseases represent 63% of all deaths

3.       Cost and  Quality

-          US spends $ 8508 per person on healthcare

-          1.7 million patients worldwide are affected by Hospital acquired infections ( HAIs) and 99,000 die as a result of this

4.       Access  to care

-          More than one billion people worldwide lack access to a healthcare system

-          Shortage of 230,000 physicians across the globe

5.       Technology

-          Advanced healthcare technology and data analytics are required

-          Adoption of new digital health information systems- EMRs, Telemedicine, m Health, Electronic Medical Prescriptions

-          Security, privacy and patient safety are the primary concerns in addressing new technology