Top Companies Disrupting Healthcare In 2015

By Reenita Das
Partner and Senior Vice President
Healthcare and Life Sciences
Frost & Sullivan

Healthcare is the worlds largest industry today - it is three times larger than the banking sector. After lagging behind for almost five decades, this industry is revitalizing and transforming itself faster than any other vertical.

Improving the healthcare system requires simultaneous pursuit of three aims (commonly referred to as the Triple Aim): enhancing the experience of care, bettering the health of populations and reducing per capita costs of healthcare. For this to happen, some major seismic shifts will need to take place. Today healthcare is about the following:

• Wellness
• Prevention
• Consumer centric and integrated
• Participatory: patients helping other patients
• Personalization & Precision
• Outcomes
• Engagement
• Digitization
• Consumerization
• Interoperability
• Continuum of Care

 

Through Frost & Sullivan’s research, we have identified nine areas that are expected to see the most disruption and transformation within the eco system. The list above discloses the areas that will be targets for disruption. Companies that provide solutions addressing the needs in the following areas will be the winners to come.

Our team of analysts and myself constantly place bets on new companies. In the following chart, Frost & Sullivan unveils their 2015 list of the top contenders in this space.

Figure 2 lists the top 10 companies disrupting healthcare in 2015- 2016 and the impact of their interference within the industry.

Stay tuned for the next update on the top 10 non-healthcare companies invading and disrupting the healthcare spectrum.

This content was written with contribution from Venkat Rajan, Global Director with Frost & Sullivan’s Visionary Healthcare Program.

Look for Reenita Das, Venkat Rajan, and other Frost & Sullivan Analysts at our next Medical Technologies 2016: A Frost & Sullivan Executive MindXchange event.