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IDC FutureScape: Worldwide Health Industry 2018 Predictions

IDC FutureScape: Worldwide Health Industry 2018 Predictions

This IDC study explores how the different drivers will impact technology in the health industry and offers guidance on actions to consider. Healthcare and life science organizations are more pressed than ever to respond to a wide range of political, economic, social, cultural, technological, legal, and experiential challenges. Increasing market pressures, sweeping regulations, and rapid changes in the general populace and in the states of health and well-being are calling for the health industry to take action in innovative ways to meet expectations, improve outcomes, and deliver value."The 2018 worldwide health industry predictions shed light on the trajectory of rapid technological developments that will impact healthcare and life science organizations as they navigate toward the future digital economy," says Mutaz Shegewi, research director, IDC Health Insights. "The health industry of the future will be shaped by organizations that were early to digitally transform, maintain a competitive edge, and ensure a state of technological readiness for it."

Please Note: Extended description available upon request.


IDC FutureScape Figure
Executive Summary
IDC FutureScape Predictions
Summary of External Drivers
Predictions: Impact on Technology Buyers
Prediction 1: By 2019, More Than 50% of Life Science and Healthcare Companies Will Have Dedicated Resources to Support Accessing, Sharing, and Analyzing Real-World Evidence for Use Across Their Organizations
Associated Drivers
IT Impact
Guidance
Prediction 2: Digital Mobile Engagement Among Life Science Companies, Patients, and Providers Will Have Increased 50% by 2019, Improving Brand Sentiment, Clinical Trial Recruitment, and Medication Adherence
Associated Drivers
IT Impact
Guidance
Prediction 3: By 2020, Adoption Rates of IoT-Enabled Asset Tracking and Inventory Management Systems in Hospitals Will Have Doubled Worldwide, Improving Patient Safety, Staff Satisfaction, and Operational Efficiency
Associated Drivers
IT Impact
Guidance
Prediction 4: By the End of 2020, 25% of Data Used in Medical Care Will Be Collected and Shared with Healthcare Systems by the Patients Themselves (Bring Your Own Data)
Associated Drivers
IT Impact
Guidance
Prediction 5: By 2020, One Hospital in Four with 200+ Beds Will Have Deployed Robotics to Handle Time-Consuming Tasks, Reduce Labor, and Prevent Errors to Enhance the Sustainability of Its Business Operations and Improve Patient Safety
Associated Drivers
IT Impact
Guidance
Prediction 6: By 2020, 20% of Healthcare Organizations Will Have Moved Beyond Pilot Projects and Will Be Using Blockchain for Operations Management and Patient Identity
Associated Drivers
IT Impact
Guidance
Prediction 7: By 2021, 20% of Healthcare and 40% of Life Science Organizations Will Have Achieved 15–20% Productivity Gains Through the Adoption of Cognitive/AI Technology
Associated Drivers
IT Impact
Guidance
Prediction 8: Driven by Overwhelming Data Management Requirements, 20% of Commercial Payer Back-Office Operations Will Have Been Shifted to BPaaS Contracts by 2021
Associated Drivers
IT Impact
Guidance
Prediction 9: By 2021, the World Will Have Seen Its First $100 Million Class-Action Lawsuit Against a Medical Device Manufacturer for Negligence Due to a Cyberattack Causing the Death of More Than 25 People Connected to Networked Medical Devices While Hospitalized
Associated Drivers
IT Impact
Guidance
Prediction 10: By 2021, Digital Healthcare Services Will Account for 6% of Global Healthcare Expenditure
Associated Drivers
IT Impact
Guidance
Advice for Technology Buyers
External Drivers: Detail
Accelerating DX: Technology-Centric Transformation Altering Business and Society
Human Versus Machine: The Impact of AI and Automation
Sense, Compute, Actuate: The New Data-Centric Paradigm
Cyberthreats: Theft, Ransom, and Cyberattack on the Rise
Empowering the Material World: Revolutionized Processes Expand Technology Reach
Consumer Expectations: More Convenience, Choice, Customization, and Control
Sustainability: Rising Cost and Illness Burden
Learn More
Related Research
Prediction 1 — Real-World Evidence
Prediction 2 — Digital Mobile Engagement
Prediction 3 — IoT
Prediction 4 — Patients as Data Generators
Prediction 5 — Robotics
Prediction 6 — Blockchain
Prediction 7 — Cognitive Embedded Apps
Prediction 8 — BPaaS
Prediction 9 — Cyber-Medjacking
Prediction 10 — Digital Healthcare Services

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