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1、Theworldinfigures:IndustriesHealthcareNov18th2013?
2、FromTheWorldIn2014printedition··Health-carecompaniesareunderever-greaterstress.Parsimoniousgovernmentsandhealthinsurersaretryingtocontainrisingcostsaspopulationsage.Althoughhealth-carespendingwillincrease,it
3、willfallbackslightlyasashareofglobalGDPin2014.OutlaysinsluggishwesternEuropewillrisebyjust0.7%innominalterms,hurtingproducersofeverythingfrompacemakerstopills.TheJapanesemarketwillbesicklierstill,contractingby2%despiteanageingpopulation’sgrowingneedforcare.L
4、atinAmericaandtheMiddleEastandAsiaandAustralasiawillbetheliveliestmarketswherepharmaceuticalsaleswillriseby9%.Relatedtopics·MiddleEast·LatinAmerica·UnitedStates·Health-carefunding·BiotechnologyindustryGovernmentswillholdpharmaceuticalcompaniesstrictlytoaccou
5、ntformedicinepricing,evenascompetitionintensifiesaftertheexpiryofpatentsonaslewofsuccessfuldrugs.Thesepressureswillextendtoemergingmarkets,wherecompaniesarelookingforgrowth.Tocounterthis,manyfirmsarecuttingcosts—morelayoffsawait—andconcentratingresearchspend
6、ingonthemostpromisingareas.Theywillworkmorewithothercompaniestospreadtherisksofdevelopingnewdrugs(pharmacompaniesinvest15-20%ofsalesinnewproducts).Manyare“biological”medicinesratherthantraditional,chemical-basedtablets.Innovativefirmsfocusedonbiotechnologywi
7、lldobest.Thanksinparttoincreasinglyexpensivenewproductsandemerging-marketmomentum,globalpharmaceuticalsaleswillriseby9%in2014.Towatch:?Shotinthearm.InAmerica,manyfeaturesofthePatientProtectionandAffordableCareActof2010,betterknownasObamacare,willtakeeffecton
8、January1st.Insurerswillbebarredfromdiscriminatingagainstthosewithpre-existingconditions,whiletheuninsuredmustbuycoveragelesttheybefined.Online“exchanges”willhelpthepreviouslyuninsuredtocomparepolicies.Ascoveragespreadsandpoliticiansfailtoreininpublicmedicalc
9、osts,Americanhealthspendingwillpass$3trn.FromTheWorldIn2014printedition