industry trends: by the numbers Compiled by Cari Kraft, Jacobs Management Group, Inc.
$75.8B Projected size of cancer immunotherapies market in 2022 The recent estimates for the US cancer immunotherapies market stood at $16.9B. This is expected to grow to four times that size, $75.8B, by 2022. This would be a CAGR of 23.9% Source: Research and Markets, “Global Cancer Immunotherapies Market to 2022 - Immune Checkpoint Inhibitors and Therapeutic Cancer Vaccines to Characterize Increasingly Competitive Market,” December 2016
38% Projected growth of home health aide jobs As healthcare migrates out of hospitals and clinics into homes and less intensive care locations, and as the Baby Boomer population ages, home health aides are expected to be the country’s most in-demand profession from 2017 through 2024, with 348,400 jobs anticipated. Other professions that will gain are physical therapist, emergency medical technician and nurse practitioner. Source: U.S. Bureau of Labor Statistics 35 | HS&M JUNE/JULY 2017
$328B medical DEVICE companies
Current size of Top 50 medical device companies The fifty largest medical device providers in healthcare (medical device, medical equipment, capital equipment, medical technology) grew their revenues 10% over the last year to $328B. Source: Healthcare Sales & Marketing magazine survey, Top 50 Medical Device Companies, June/July 2017
1/3 Number of deaths worldwide due to cardiovascular disease A new study covering every country over the past 25 years has revealed that cardiovascular diseases (CVD), including heart diseases and stroke, account for one-third of deaths throughout the world. Source: Journal of the American College of Cardiology, Global, Regional, and National Burden of Cardiovascular Diseases for 10 Causes. May 2017
