Global Health Care Outlook 2019 (Deloitte)

Summary

• Global health care spending is projected to increase at an annual rate of 5.4% in 2018–2022, up from 2.9% in 2013–2017.p.4
• Per-person health care spending in 2022 is expected to range from $11,674 in the United States to $54 in Pakistan.p.4
• Life expectancy is projected to rise from 73.5 years in 2018 to 74.4 in 2022, with more than 668 million people aged over 65, or 11.6% of the global population.p.4
• Global health care spending is projected to grow from USD 7.724 trillion to USD 10.059 trillion, keeping the share of GDP at around 10.4 percent.p.7
• The health technology sector is expected to reach USD 280.25 billion by 2021, at a CAGR of 15.9 percent.p.9
• The number of private hospitals in China doubled to 18,759 from 2011–2017, and they now account for 60.4 percent of Chinese hospitals.p.24
• The NHS spends nearly 65 percent of its operational budget on staff.p.28

Key insights

1. The United States ranks last in overall health care performance among 10 developed countries, with per capita spending 50% greater than the next country.p.4
2. Alphabet planned to invest USD 375 million in 2018 in the health insurance start-up Oscar Health.p.9
3. Consumers point to convenience and access (64 percent) as important benefits of virtual health.p.15
4. Physicians see improved patient access to care (66 percent) as a top benefit of virtual care.p.15
5. The annual cost of medication nonadherence in the United States is estimated at more than $250 billion.p.18
6. The United Kingdom announced a £37.5 million investment in Digital Innovation Hubs to tackle Britain's biggest health challenges.p.20
7. Only 6 percent of Chinese doctors are general practitioners, much lower than in other major countries.p.28