KUALA LUMPUR, Oct 27 (Bernama) -- The combination of ageing populations, changing urban and work environments, technical innovations in data processing and analysis, and current advances in diagnosing and treating diseases will not only dramatically transform healthcare but also our way of living.
In its newly-launched report, consulting firm Arthur D. Little (ADL) unveiled current and future transformations in healthcare, and the effect these far-reaching changes will have on the life sciences and insurance sectors.
According to a statement, healthcare systems and wider society must prepare for these innovations to ensure preparedness and greater resilience.
To assess that from more than one perspective, ADL and Munich Re, a leading provider of reinsurance, primary insurance and insurance-related risk solutions, have pooled their expertise and recommendations.
Disruptive developments such as digitisation, far-reaching advances in medical technology, and the latest findings in life sciences interrelate and reinforce other to an unprecedented extent.
Consequently, the report has set out how everyone within the ecosystem needs to collaborate around a common goal and bringing innovations to patients faster and pushing the boundaries of insurability.
Describing the impacts of transformation and providing insights, imperatives and key takeaways for both the insurance and life sciences industries, the report focuses on opportunities in five key areas of healthcare.
The key areas are digital health; advanced therapeutics & new paradigms in treatments, the power of genes & omics; mental health and pandemic risk.
-- BERNAMA
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