March / April 2019

Page 45

INDUSTRY TRENDS: BY THE NUMBERS Compiled by Cari Kraft, Jacobs Management Group, Inc.

$

$15-17B/YR Anticipated product growth per year from 2018-2021 New product growth in pharmaceuticals is expected to be between $15-17B per year in 2018-2021, after only $9B in 2017, primarily because of an unusually low number of new medicines launched in 2016. Source: Medicines Use and Spending in the U.S., Outlook to 2021, IQVIA Institute for Human Data Science, May 2017

27%

50M

Number of patients who will be monitored remotely by 2021 The number of patients monitored remotely is expected to reach 50 million in the next couple of years, while the global market for remote patient monitoring devices is expected to reach US$1.9 billion by 2025. Source: mHealth and Home Monitoring, Berg Insight, 2017

Voters who indicate that healthcare is their most important issue Politicians don’t seem to be in synch with voters on some issues. Healthcare was noted as the most important topic by 27% of voters—the largest category—yet immigration was what 58% reported they were hearing most about from candidates. Source: Kaiser Family Foundation Election Tracking Poll, September 19-October 2, 2018 45 | HS&M MARCH/APRIL 2019


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