Paper Topic:

Industry Analysis

Running Head : INDUSTRY ANALYSIS- WORLD HEALTHCARE ANALYSIS

Industry Analysis- World Healthcare Analysis

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Industry Analysis- World Healthcare Outlook

There has been an increasing change in the healthcare industry trends and strategic management over the last couple of decades . Some of these include healthcare spending as well as production of biologic and generic drugs . Among some contributing factors to these changes include but are not limited to the following

Population ageing has and will continually act as a key factor in determining healthcare

spending . Developed-world countries are experiencing a rapid population ageing as compared to developing countries . A study of 60 developed countries indicates that life expectancy is projected to rise from seventy two years in 2008 to approximately seventy three years by 2013 . This implies that the average world population will age . New medical technologies emergence and adoption will also be a significant costs driver . It will further be influenced by extent of the benefits that payers will be willing to provide . These rising benefits levels will lead to excess cost growth-the fact that health spending growth per person exceeds the GDP growth rate per person (Economist Intelligence , 2008 ,

.2

These two factors will be an added burden to the already bloated public health systems , although the real benefit levels that governments provide will more vigorously challenge the health systems financial stability than any other factor

On the same note , severe governmental fiscal problems are expected in the forthcoming decades in almost all developed countries...

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