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Using in-house sales forecasts, this analysis explores and visualizes market dynamics in the Big Pharma peer set out to 2025. PharmaVitae casts its eye out to 2025 as crystallizing trends in healthcare management will influence Big Pharma to further position itself towards providing value.
Big Pharma will add $39bn in revenues out to 2025, generating $464bn in prescription pharmaceuticals at a low single-digit compound annual growth rate of 0.9%. A healthy launch portfolio will bolster growth as Big Pharma reaps the reward of breakthrough products as the result of recent industry innovation. However, the low single-digit CAGR is representative of the overall drag that Big Pharma is facing. Three themes will shape the outlook: evolving business models, market access, and productivity.
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Datamonitor Healthcare: data analysis and insight
Biopharma’s accomplishments in tackling the global COVID-19 pandemic, unlike advances within oncology such as cell therapies and checkpoint inhibitors, or functional cures for HIV and hepatitis C, have captured the public’s imagination.
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Datamonitor Healthcare: data analysis and insight, Pink Shee...
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Datamonitor Healthcare: data analysis and insight
The World Health Organization defines mobile health (mHealth) as a “medical and public health practice supported by mobile devices, such as mobile phones, patient monitoring devices, personal digital assistants, and other wireless devices”. In the last decade, the health sector has seen a substantial rise in the number of mHealth apps, many of which are designed to assist users in weight reduction and diabetes management. In 2016, there were 79,000 apps available in the Health & Fitness category in the Google and Apple stores. However, the implementation of mHealth in oncology is lagging, and there are comparatively few available apps. There is a need for the development of more mHealth apps in oncology settings considering the increasing disease burden and potential clinical benefit.
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