Successfully reported this slideshow.
Globalization                      of theMedical Technology Industry                gy        y  2012 Medical Device Manuf...
Key Events 1960-2012   Back to the Future                 •For Profit HospitalsHouse Calls   Hospital            •HMOs    ...
Key Events in MedTech 1960-2012Cuts in Funding to AeroDefense                                        •Health Reform       ...
Shifting Healthcare Priorities    Convergence of Forces = Change• Aging   g g    p p          population• Chronic disease•...
World Population Ageing 1950-2050 5   |   © 2012 Mercator MedSystems   |   All Rights Reserved   |   5/15/2012
7   |   © 2012 Mercator MedSystems   |   All Rights Reserved   |   5/15/2012
8   |   © 2012 Mercator MedSystems   |   All Rights Reserved   |   5/15/2012
Health Expenditures as% of GDP 9   |   © 2012 Mercator MedSystems   |   All Rights Reserved   |   5/15/2012
10   |   © 2012 Mercator MedSystems   |   All Rights Reserved   |   5/15/2012
Globalization of U.S. Medical Care• Global       distribution of U.S. developed devices and drugs• OUS clinical research• ...
The Global Middle Class is Booming    P. 12
Geopolitical Center is Shifting to IndianOcean from Atlantic
Shifting Healthcare Priorities  Responses• Utilization cuts• Health Reform• Harmonization of regs• Science based adoption•...
15   |   © 2012 Mercator MedSystems   |   All Rights Reserved   |   5/15/2012
16   |   © 2012 Mercator MedSystems   |   All Rights Reserved   |   5/15/2012
Health Reform• Incentives shifting from financial to clinical  – Quality and patient satisfaction are the metrics of the  ...
18   |   © 2012 Mercator MedSystems   |   All Rights Reserved   |   5/15/2012
19   |   © 2012 Mercator MedSystems   |   All Rights Reserved   |   5/15/2012
20   |   © 2012 Mercator MedSystems   |   All Rights Reserved   |   5/15/2012
Globalization of DeliveryAscension Health Alliance Invests in Cayman Medical Tourism Project (April 2012)• Medical care   ...
Globalization of Delivery• UnitedHealth buys Brazilian provider, Amil, for  almost $5 billion – Securing strong position i...
Destination Medicine 23   |   © 2012 Mercator MedSystems   |   All Rights Reserved   |   5/15/2012
Destination MedicineAKA Medical Tourism 24   |   © 2012 Mercator MedSystems   |   All Rights Reserved   |   5/15/2012
New Point of Access
26   |   © 2012 Mercator MedSystems   |   All Rights Reserved   |   5/15/2012
27   |   © 2012 Mercator MedSystems   |   All Rights Reserved   |   5/15/2012
Global CompetitionMinneapolis Star TribuneSeptember 28, 2012 - 9:30 PM          28Medtronic sMedtronics Chinese Buy Advanc...
urin 29    |   © 2012 Mercator MedSystems   |   All Rights Reserved   |   5/15/2012
The Future for Medtech
The Emerging U.S. Healthcare Eco-SystemA Different Focus for Medtech 31   |   © 2012 Mercator MedSystems   |   All Rights ...
Generic Therapeutic DevicesA threat to legacy margins 32   |   © 2012 Mercator MedSystems   |   All Rights Reserved   |   ...
Combating OUS CompetitionFrugal Innovation  33   |   © 2012 Mercator MedSystems   |   All Rights Reserved   |   5/15/2012
eHealthFacilitating Continuity of Care
Big Need - Solutions to Manage CostliestChronic Diseases 36   |   © 2012 Mercator MedSystems   |   All Rights Reserved   |...
Expansion into Emerging Markets
Leverage New Points of Access
Technology Innovation
Productivity Continues to Improve 40   |   © 2012 Mercator MedSystems   |   All Rights Reserved   |   5/15/2012
Regulation and Legislation 42   |   © 2012 Mercator MedSystems   |   All Rights Reserved   |   5/15/2012
Global Experience
The U.S. Advantage• Labor advantage• Globally competitive – Goldman Sachs 25,000 (13,100 U.S.) – A l 60 400   Apple 60,400...
47   |   © 2012 Mercator MedSystems   |   All Rights Reserved   |   5/15/2012
Resetting the Vision for Medical Devices: How You and Your Company Can Thrive in the Emerging Global Healthcare Market - T...
Resetting the Vision for Medical Devices: How You and Your Company Can Thrive in the Emerging Global Healthcare Market - T...
Resetting the Vision for Medical Devices: How You and Your Company Can Thrive in the Emerging Global Healthcare Market - T...
Resetting the Vision for Medical Devices: How You and Your Company Can Thrive in the Emerging Global Healthcare Market - T...
Resetting the Vision for Medical Devices: How You and Your Company Can Thrive in the Emerging Global Healthcare Market - T...
Resetting the Vision for Medical Devices: How You and Your Company Can Thrive in the Emerging Global Healthcare Market - T...
Upcoming SlideShare
Loading in …5
×

Resetting the Vision for Medical Devices: How You and Your Company Can Thrive in the Emerging Global Healthcare Market - Thomas M. Loarie, Mercator MedSystems, Inc.

498 views

Published on

Thomas M. Loarie, Mercator MedSystems, Inc. - Speaker at the marcus evans Medical Device Manufacturing Summit Fall 2012, held in Colorado Springs, delivered his presentation entitled Resetting the Vision for Medical Devices: How You and Your Company Can Thrive in the Emerging Global Healthcare Market

Published in: Business
  • Be the first to comment

Resetting the Vision for Medical Devices: How You and Your Company Can Thrive in the Emerging Global Healthcare Market - Thomas M. Loarie, Mercator MedSystems, Inc.

  1. 1. Globalization of theMedical Technology Industry gy y 2012 Medical Device Manufacturing and R&D SummitThomas M. Loarie, Executive Chairman Mercator MedSystems, Inc.
  2. 2. Key Events 1960-2012 Back to the Future •For Profit HospitalsHouse Calls Hospital •HMOs •Segmentation •Doc in the Box •Hospitals M&A 1960 1970 1980 1990 2000 2010 Health Reform
  3. 3. Key Events in MedTech 1960-2012Cuts in Funding to AeroDefense •Health Reform •ACOs •M&A Hospitals •TEFRA •Kessler FDA •DRGs M&A •M&A •FDA A t FDA Act •Segmentation •Marketing Globalization 1960 1970 1980 1990 2000 2010 •The Great Social •GoldStandard Recession Security •Emergence of •FDA Modernization Act •Implosion of Act of Multi-National Multi National •CMS takes front seat CMS Venture Capital 1965
  4. 4. Shifting Healthcare Priorities Convergence of Forces = Change• Aging g g p p population• Chronic disease• Increase in public spending•P Pressure on govt. spending t di• Globalization of medtech• Global middle class is booming• 4 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  5. 5. World Population Ageing 1950-2050 5 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  6. 6. 7 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  7. 7. 8 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  8. 8. Health Expenditures as% of GDP 9 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  9. 9. 10 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  10. 10. Globalization of U.S. Medical Care• Global distribution of U.S. developed devices and drugs• OUS clinical research• Reverse brain drain • physicians & engineers• Manufacturing expanded OUS• U.S. multi-nationals expanding OUS p oduct research product esea c 11 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  11. 11. The Global Middle Class is Booming P. 12
  12. 12. Geopolitical Center is Shifting to IndianOcean from Atlantic
  13. 13. Shifting Healthcare Priorities Responses• Utilization cuts• Health Reform• Harmonization of regs• Science based adoption• Globalization of delivery• Destination medicine•NNew h lth healthcare access• Global competition• Global consolidation 14 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  14. 14. 15 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  15. 15. 16 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  16. 16. Health Reform• Incentives shifting from financial to clinical – Quality and patient satisfaction are the metrics of the future – Decision shift from clinicians to “value committees” – Shift to value from incremental improvements p• ACOs – Higher volume to fewer but larger customers 17 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  17. 17. 18 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  18. 18. 19 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  19. 19. 20 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  20. 20. Globalization of DeliveryAscension Health Alliance Invests in Cayman Medical Tourism Project (April 2012)• Medical care g , – for those living on the island, – the Caribbean region – and the USA.• P t i with N Partnering ith Narayana H d Hrudayalaya H l Hospitals of I di it l f India – Adapt his Indian hospital technique of providing healthcare at low cost to a relatively high cost destination.• The Health City is a US $2 billion project. 21 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  21. 21. Globalization of Delivery• UnitedHealth buys Brazilian provider, Amil, for almost $5 billion – Securing strong position in emerging market – Almost 200 million people – Market characterized as "under-penetrated”American World Clinics 22 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  22. 22. Destination Medicine 23 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  23. 23. Destination MedicineAKA Medical Tourism 24 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  24. 24. New Point of Access
  25. 25. 26 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  26. 26. 27 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  27. 27. Global CompetitionMinneapolis Star TribuneSeptember 28, 2012 - 9:30 PM 28Medtronic sMedtronics Chinese Buy Advances Global StrategyArticle by: JAMES WALSHIn June, Medtronic Inc. CEO Omar Ishrak told an investors conference thatpart of his company s mission for the future was "expanding access and companys expandingenhancing value" in China.In August, Ishrak told Medtronic shareholders that China "is a big piece" ofMedtronics expectations for 20 percent annual growth in emerging markets.M d i i f l hi i k• JNJ, Boston, Medtonic open research centers in China •28 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  28. 28. urin 29 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  29. 29. The Future for Medtech
  30. 30. The Emerging U.S. Healthcare Eco-SystemA Different Focus for Medtech 31 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  31. 31. Generic Therapeutic DevicesA threat to legacy margins 32 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  32. 32. Combating OUS CompetitionFrugal Innovation 33 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  33. 33. eHealthFacilitating Continuity of Care
  34. 34. Big Need - Solutions to Manage CostliestChronic Diseases 36 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  35. 35. Expansion into Emerging Markets
  36. 36. Leverage New Points of Access
  37. 37. Technology Innovation
  38. 38. Productivity Continues to Improve 40 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  39. 39. Regulation and Legislation 42 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  40. 40. Global Experience
  41. 41. The U.S. Advantage• Labor advantage• Globally competitive – Goldman Sachs 25,000 (13,100 U.S.) – A l 60 400 Apple 60,400 – Microsoft 90,412• America is ethnically blind – Google’s Sergy Brin – Univ of Chicago s Prof Ruoboni Chicago’s 46 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012
  42. 42. 47 | © 2012 Mercator MedSystems | All Rights Reserved | 5/15/2012

×