(LF.3) Good Health and Well-being

In September 2015, 193 world leaders agreed to 17 Global Goals for Sustainable Development. If these Goals are completed, it would mean an end to extreme poverty, inequality and climate change by 2030.
Ensure healthy lives and promote well-being for all at all ages.

• [New] In the United States, more than 80 percent of healthcare costs - $3.4 trillion, almost 20 percent of the whole economy - is spent on diseases that could be modified or even reversed through behavior change.
• [New] Spending on prescription drugs in the US is on the rise and is projected to far outpace growth in other parts of the health care sector in 2020.
• [New] Councils can help the Government meets it commitment to end transmission of HIV in England by 2030 with long-term, sustainable funding of the public health services which help people stay healthy and reduce the strain on the NHS and social care.
• [New] Today, only 4% of tech investment in life sciences is aimed for women's health tech solutions, but the market is expected to reach a $50 billion market size by 2050!
• [New] The 4D Printing In Healthcare Market is expected to grow worth of USD +32 Million and at a CAGR of +30% over the forecast period 2019-2025.
• The RTLS market for healthcare is estimated to grow from USD 1,271.2 million in 2018 to USD 2,941.2 million by 2023, at a CAGR of 18.3% during the forecast period (2018 � 2023).
• The RTLS market for healthcare was valued at USD 976.1 million in 2017 and is expected to reach USD 2,941.2 million by 2023, at a CAGR of 18.3% during the forecast period.
• Peak medical bodies around the globe have classified climate change as the biggest threat to human health in the 21st century.
• Global Artificial Intelligence in Healthcare market is estimated to demonstrate 51.9% CAGR during the forecast period (2018-2023).
• Widespread use of autonomous vehicles could eliminate 90% of all auto accidents in the United States, prevent up to US$ 190 billion in damages and health-costs annually and save thousands of lives.
• Healthcare technology is increasingly common in primary care as the NHS approaches its goal that every patient will have access to digital-first primary care by 2023-24.
• In 2017, healthcare spending grew to almost $3.5 trillion annually, and is anticipated to grow to $5.7 trillion by 2026 - an estimated growth rate of 5.5% each year.
• In 2016, the Commission on a Global Health Risk Framework for the Future estimated that pandemic disease events would cost the global economy over $6 trillion in the 21st century - over $60 billion per year.
• The retail health clinic market is expected to reach USD 7.3 billion by 2025, growing at a compound annual growth rate of 20.3%.
• The IoT healthcare market is projected to grow from USD 41.22 Billion in 2017 to USD 265 Billion by 2024, at a CAGR of 30% from 2018 to 2024, mainly driven by growing investments in healthcare market by governments and various other stakeholders.
• Robots should be used to provide care for America's elderly people since it is estimated that there will be a need for 3.5 million additional healthcare workers by the year 2030.
• Big Data in Healthcare Market size is projected to grow at a growth rate of 20.69% with a valuation of USD 17,278.13 million, during the forecast period 2015-2022.
• Expect vegan habits to remain even when January is over, as consumers increasingly realize the effects of meat on their health and the environment.
• Global Artificial Intelligence in Healthcare Market is expected to rise from its initial estimated value of USD 2.07 billion to an estimated value of USD 54.10 billion by 2026, registering a CAGR of 50.37% in the forecast period of 2019-2026.
• Healthcare represents a large and growing portion of the U.S. gross domestic product (GDP), with the Centers for Medicare and Medicaid Services (CMS) predicting that healthcare spending will account for nearly 20% of overall GDP by 2025.
• Chinese state-sponsored threat group APT41 has spied on global technology, telecommunications, and healthcare providers for the Chinese government, while also targeting video game companies and cryptocurrency funds for profit.

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Last updated: 17 February 2020