eHealth and Global Health: Investments Opportunities and Challenges for Industry in Developing Countries <ul><li>Adesina I...
Health Problems in Developing Countries  (Africa) <ul><li>Health Picture </li></ul><ul><ul><li>HIV/AIDS accounted for 2.4 ...
Opportunities for eHealth Industry & Businesses <ul><li>Private investments into Africa’s Health System required </li></ul...
Areas of eHealth Investment <ul><li>Health/Medical Record Systems </li></ul><ul><li>Health Management Information System <...
Economic Outlook is improving <ul><li>Economic Growth & liberalization in Africa- 6%  </li></ul><ul><li>OECD & World Bank ...
Policy support: Conducive Environments <ul><li>Africa: Continental, Regional & National Government supports </li></ul><ul>...
Investors to understand: <ul><li>Specific geopolitical regions & Health Organizational needs </li></ul><ul><li>Stakeholder...
How to Invest: Business Models <ul><li>Building a sustainable Business Model for ‘Win-Win Situation’ </li></ul><ul><li>Und...
Bottom of the Pyramid Consumers Prahalad et. al. 2006
Bottom of the Pyramid Business Model Prahalad et. al. 2006
How to Invest: Technology Innovations <ul><li>Technological- Low cost eHealth products & Services </li></ul><ul><ul><ul><l...
Conclusion <ul><li>Regional differences exists </li></ul><ul><ul><li>Emerging economies such as South Africa, Brazil, Indi...
eHealth and Global Health: Investments Opportunities and Challenges for Industry in Developing Countries <ul><li>Adesina I...
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eHealth and Global Health: Investments Opportunities and Challenges for Industry in Developing Countries

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eHealth and Global Health: Investments Opportunities and Challenges for Industry in Developing Countries

  1. 1. eHealth and Global Health: Investments Opportunities and Challenges for Industry in Developing Countries <ul><li>Adesina Iluyemi </li></ul><ul><li>Young Fellow Royal Society of Medicine, England </li></ul><ul><li>Member , eMobillity, European Technology Platform </li></ul><ul><li>[email_address] </li></ul><ul><li>Presented at the eHealth 2008 Conference 9th September , City University, London </li></ul>
  2. 2. Health Problems in Developing Countries (Africa) <ul><li>Health Picture </li></ul><ul><ul><li>HIV/AIDS accounted for 2.4 million deaths alone in 2002 </li></ul></ul><ul><ul><li>40% survive on less than $1 per day </li></ul></ul><ul><ul><li>Malaria related mortality is at 1 million deaths (mostly children) yearly </li></ul></ul><ul><li>Lack of infrastructure and capacity for healthcare delivery </li></ul><ul><li>Brain Drain: International and Local (Rural vs. Urban) </li></ul><ul><ul><li>Africa has 10% of world population with 25% of global health burden but with only 3% of global health workforce </li></ul></ul><ul><li>Enormous economic cost on health systems & individuals </li></ul><ul><ul><li>50% of Africa’s population pays out of pocket </li></ul></ul><ul><li>eHealth innovations & investments are required to meet these needs </li></ul>
  3. 3. Opportunities for eHealth Industry & Businesses <ul><li>Private investments into Africa’s Health System required </li></ul><ul><ul><li>International Financial Corporation- USD$30 Billion </li></ul></ul><ul><ul><li>The World Economic Forum (WE </li></ul></ul><ul><li>Investment Opportunities </li></ul><ul><ul><li>Innovation & Business Ideas Incubation </li></ul></ul><ul><ul><li>Product & Service Development & Delivery </li></ul></ul><ul><ul><li>Technology Transfer </li></ul></ul><ul><ul><li>R&D </li></ul></ul><ul><ul><li>Manufacturing </li></ul></ul><ul><ul><li>Outsourcing </li></ul></ul>
  4. 4. Areas of eHealth Investment <ul><li>Health/Medical Record Systems </li></ul><ul><li>Health Management Information System </li></ul><ul><li>Electronic Health Cards </li></ul><ul><li>Telemedicine/ Telehealth </li></ul><ul><li>Telecare </li></ul><ul><li>Citizen-centric eHealth services </li></ul><ul><li>Health Insurance Services and Systems </li></ul>
  5. 5. Economic Outlook is improving <ul><li>Economic Growth & liberalization in Africa- 6% </li></ul><ul><li>OECD & World Bank 2008 </li></ul><ul><li>Ripe investment environment </li></ul><ul><li>Telecommunication boom </li></ul><ul><li>Public-Private Partnership encouraged </li></ul><ul><li>Emerging Economies outside South Africa </li></ul>
  6. 6. Policy support: Conducive Environments <ul><li>Africa: Continental, Regional & National Government supports </li></ul><ul><li>Global Health Discourse/ International Development </li></ul><ul><ul><li>UK Government- Sir Crisp Report </li></ul></ul><ul><ul><li>G8-Global Healthcare Application Subproject-4 </li></ul></ul><ul><ul><li>EU policies (Telecommunication & ICTs) </li></ul></ul><ul><ul><li>Commonwealth Secretariat/Business Council </li></ul></ul><ul><ul><li>The USA-America Telemedicine Association </li></ul></ul>
  7. 7. Investors to understand: <ul><li>Specific geopolitical regions & Health Organizational needs </li></ul><ul><li>Stakeholders & Environmental contexts & cultural backgrounds </li></ul><ul><li>Pace & nature of Health Systems’ reform & Technological changes </li></ul><ul><li>Conflicting Health & Industry/Business sectors logics, practices & models </li></ul><ul><li>Health sector’s Technology R&D, Financial & Assessment processes </li></ul><ul><li>National/Local Policies, Legislature & Standards structures and processes </li></ul><ul><ul><li>Jennett & Watanabe 2006 </li></ul></ul>
  8. 8. How to Invest: Business Models <ul><li>Building a sustainable Business Model for ‘Win-Win Situation’ </li></ul><ul><li>Understanding and Meeting Multiple Stakeholders Needs </li></ul><ul><ul><ul><li>End-users needs for design: Pro Poor vs. Niche markets </li></ul></ul></ul><ul><ul><ul><li>Understanding Organizational innovation & diffusion processes </li></ul></ul></ul><ul><ul><ul><li>Understanding Public Sector Procurement Processes </li></ul></ul></ul><ul><li>Understanding Environmental Constraints and Enablers : Policies/Regulation, Electricity (Renewable Energy), Financial/Economic/Funding </li></ul><ul><ul><ul><li>Managing sustainable Global & Local PPPs (People) </li></ul></ul></ul><ul><ul><ul><li>Low Access/Entry costs </li></ul></ul></ul><ul><li>Empathic or Compassionate Capitalism </li></ul><ul><ul><li>Social Corporate Responsibility/ Ethical Investments </li></ul></ul><ul><ul><li>Global Corporate Citizenship </li></ul></ul><ul><ul><li>Ensure Local Capacity Building/ Training, Education </li></ul></ul>
  9. 9. Bottom of the Pyramid Consumers Prahalad et. al. 2006
  10. 10. Bottom of the Pyramid Business Model Prahalad et. al. 2006
  11. 11. How to Invest: Technology Innovations <ul><li>Technological- Low cost eHealth products & Services </li></ul><ul><ul><ul><li>Low cost devices eg- mobiles, Laptops, PCs </li></ul></ul></ul><ul><ul><ul><li>Renewable Energies </li></ul></ul></ul><ul><ul><ul><li>Open Source software </li></ul></ul></ul><ul><ul><ul><li>Broadband Telecom Infrastructure </li></ul></ul></ul><ul><li>Compassionate & mutually beneficial IPR models </li></ul><ul><ul><li>Technology Transfer management </li></ul></ul><ul><li>Local innovation and R&D </li></ul><ul><ul><li>Micro-manufacturing </li></ul></ul><ul><ul><li>Technical capacity building </li></ul></ul><ul><ul><li>Sustainable eHealth innovations </li></ul></ul><ul><ul><li>Collaborating with Local SMEs, Universities, Public sector </li></ul></ul>
  12. 12. Conclusion <ul><li>Regional differences exists </li></ul><ul><ul><li>Emerging economies such as South Africa, Brazil, India provides different opportunities: </li></ul></ul><ul><li>Business Strategy Development for ROI </li></ul><ul><ul><li>Health system configuration </li></ul></ul><ul><ul><li>Market size </li></ul></ul><ul><ul><li>Business Climate </li></ul></ul><ul><ul><li>Policies/Legislature </li></ul></ul><ul><ul><li>Investments & Telecom Infrastructures </li></ul></ul>
  13. 13. eHealth and Global Health: Investments Opportunities and Challenges for Industry in Developing Countries <ul><li>Adesina Iluyemi </li></ul><ul><li>Young Fellow Royal Society of Medicine, England </li></ul><ul><li>Member , eMobillity, European Technology Platform </li></ul><ul><li>[email_address] </li></ul><ul><li>Presented at the eHealth 2008 Conference 8-9 September , City University, London </li></ul>

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