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The timeline of various global trends for the past 3 years in terms of:
1. TECHNOLOGY
2. EDUCATION
Education Planning
100% of sector plans assessed in 2018 met quality standards, compared to 58% in 2014/15.
69 education knowledge products were disseminated with funding or support by GPE in 2018
compared to 4 in 2015.
3. SOCIAL MEDIA
Mobile optimization. Social media apps have also been making strides toward becoming
exclusively focused on mobile experiences. ...
4. FASHION
Concerns over drug prices have reached fever pitch in the U.S. Price increases for branded
drugs have outpaced inflation every year since 2006. Even generics prices are inching up,
gaining 9% on average in 2014. On top of that, companies like Turing Pharmaceuticals and
Valeant Pharmaceuticals (VRX) have spurred federal investigations into their drug pricing
strategies. As a result, pharmaceutical companies fear there will be pressure to lower drug
prices, which could potentially affect new innovation funding.
2015 has been a year of massive mergers, from Anthem’s (ANTM) $48.4 billion offer for Cigna
(CI) to Pfizer’s (PFE) jaw-dropping $160 billion deal for Allergan (AGN). That trend will likely
continue 2016, especially since many of the deals will still be facing regulatory scrutiny over the
coming months.
Consolidation will likely beget more consolidation, as smaller companies look to boost their
negotiating power when competing with new, larger rivals. If recent insurance mergers pass
regulatory scrutiny, any necessary sell-offs will likely get snatched up by smaller insurers. Also,
as health care gets more tech savvy, insurers, health systems, and pharmaceutical companies
will be looking for better data analytics and new products to complement existing services.
Health apps came into their own this year with the telemedicine app Teladoc (TDOC), making
its debut on the public markets. Teladoc’s membership boomed to 8.1 million in 2014 from 1.9
million the year prior and continues to expand.
More people are adopting digital health apps to manage their care when and where they want it.
Patient adoption of health-related apps nearly doubled over the last two years. About 32% of
consumers had at least one health app on their phones in 2015, up from only 16% in 2013,
according to the PwC report. Connected devices that go well beyond a fitness tracker–think
EKG monitors, glucose trackers, connected pacemakers–will spur greater adoption of apps that
help patients better monitor their health. These apps will be especially valuable for sharing
information directly with doctors for controlling chronic conditions.
“What we’ll see next year is the rolling out of tech that is more sophisticated than the simple
connected scale or thermometer. We will see items like EKG devices that can monitor a
patient’s vitals via bluetooth and forward it to a doctor,” said Tsouderos.