102 | theceomagazine.com
DISRUPTERS
A global healthcare
revolution is causing radical
shifts for both doctors and
patients in the multitrillion-
dollar sector, with innovative
firms, both large and small,
using the latest technologies
to alter traditional ways of
doing business.WORDS • SAM MCKEITHT
he global healthcare industry is booming. As living
standards improve and life expectancies increase,
millions of consumers are spending more on staying
healthy and fighting disease.
Indeed, by 2020, the global healthcare sector is expected
to be worth a staggering US$6.8 trillion, largely driven by the
604 million people who are forecast to be aged over 65.
With so much cash on the line, the industry is ripe for
digital disruption as consumers demand better products and
service standards, and entrepreneurs innovate to get a slice of
the hugely lucrative market.
The disruption is already underway with a plethora of
companies, ranging from multinationals to start-ups, jostling
for some of the action. The myriad new tech options include
virtual directories, telemedicine, wearable technologies, online
mental health assessments, and even surgical robots. »DIGITAL
HEALTHCARE’S
INNOVATE | Medical matters