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A New Battleground: Why Health Care Companies in Low and Middle-Income Countries Will Challenge Today’s Market Leaders
There's no question that today’s low- and middle-income countries will be a major part of health care businesses' portfolios. The only question, writes Paul Clyde, president of the William Davidson Institute, is which businesses will succeed at serving these customers. With local firms in these growing markets already competing for low-income customers, Clyde argues that multinationals will need to invest, sometimes weathering losses, to stay competitive.
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- Health Care
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$14B Needed to Eliminate Uncorrected Poor Vision Worldwide, Essilor Finds
By 2050, uncorrected poor vision is predicted to reach epidemic proportions, with over 50 percent of the world’s population expected to suffer from myopia, many with serious vision-threatening side effects and drastic long-term implications, according to Essilor.
- Categories
- Health Care
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Unlocking the Medical Equipment Donation Ecosystem: Is a Blockchain Marketplace the Solution?
Every year hundreds of thousands of dollars of medical equipment is donated to hospitals in emerging markets, only to remain unused due to lack of knowledge, parts or maintenance. According to Vikas Meka, a blockchain-based donation platform could help – but it would be difficult to entice stakeholders to use it. He explores a solution: A token-driven marketplace that could unlock new social and economic value in the medical equipment donation ecosystem.
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- Health Care, Technology
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Press Release: FDA Approves New Treatment for Highly Drug-Resistant Forms of Tuberculosis
"FDA approval of this treatment represents a victory for the people suffering from these highly drug-resistant forms of the world's deadliest infectious disease," said Mel Spigelman, MD, president and CEO of TB Alliance. "The associated novel regimen will hopefully provide a shorter, more easily manageable and highly efficacious treatment for those in need."
- Categories
- Health Care
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The Challenges of Going Local: A Medical Device Innovator Faces the Reality of Manufacturing in Rural Africa
Like many enterprises working in emerging markets, Noor Medical wanted to manufacture its product locally. As COO Andrew Bonneau explains, a local approach promised many advantages, from lower costs to a better understanding of its customers. But the company soon learned that manufacturing in developing countries like Uganda is often easier said than done. Bonneau discusses the obstacles the company has faced, and how they've overcome them.
- Categories
- Health Care, Technology
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Drug Prices Can Take A Surprising Turn When A Poor Country Gets Richer
A new report, published by the Center for Global Development in June, finds that as countries move up the ladder of economic development, it becomes harder for government agencies, hospitals and health care companies to buy drugs at reasonable prices.
- Categories
- Health Care
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Bringing the Tech Revolution to Health Care: New Report Provides First-Ever Snapshot of Global Digital Health Ecosystems
As the role of technology in health ecosystems grows, the global health sector needs a data-driven approach to measure and improve the status of digital health structures. That's the goal of the Global Digital Health Index (GDHI), an interactive digital resource that tracks, monitors and evaluates how health care providers use digital technology. Joanne Ke Edelman at the Global Development Incubator explores how data collected from 22 countries for GDHI’s inaugural “State of Digital Health” report provides the first-ever snapshot of digital health ecosystems throughout the world.
- Categories
- Health Care, Technology
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Medical Equipment Graveyards: Three Causes of the Problem – And How Blockchain Can Help
Medical equipment is essential for diagnosing and treating patients. Yet due to inefficiencies and a lack of coordination in donations, much of this equipment sits unused in low-income countries — a situation often referred to as equipment graveyards. According to global health consultant Vikas Meka, blockchain could provide a solution. In this post – the first in a series – he explores three common problems with the current medical equipment donation system, and how a blockchain-driven platform could help.
- Categories
- Health Care, Technology
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