Deloitte April, 2019
Introduction
The life sciences and health care industry is undergoing fundamental transformations. Specific drivers such as changing demographics; burgeoning health care costs; and an evolving social, economic, and political environment are propelling tidal shifts in industry priorities and competitor dynamics.
Technological and medical advances are pushing the boundaries of what’s plausible today and transforming the way the future is viewed. Industry watchers agree that the future of health will likely be driven by radically interoperable data, with open platforms connecting individual, population,
environmental, and institutional data sets in real time and allowing companies to leverage previously untapped or unknown data and insights. Radical interoperability could further empower consumers to focus on well-being. Seeking “sick care” could potentially be viewed as the “last...