Overview

Health care in the United States is provided by many separate legal entities. It is a well known fact that the current paths of many healthcare systems will become unsustainable within a decade. The U.S. spends more on health care, both as a proportion of gross domestic product (GDP) and on a per-capita basis, than any other nation in the world. Current estimates put U.S. health care spending at approximately 16% of GDP. The health share of GDP is expected to continue its historical upward trend, reaching 19.5 percent of GDP by 2017.

Healthcare Industry is broadly categorized into two major streams – the providers such as hospitals, doctors, laboratories etc., and the payers – those organizations that are supposed to make healthcare affordable and accessible through meticulously designed plans.

Life Sciences

Overview

In terms of innovation, the life sciences industry has few peers. The key to this industry is to “anticipate and adjust” also termed as Business Resilience which is fast turning out to be the new standard for this industry sector. Fighting for clients in a crowded marketplace mere technical wizardry alone will not suffice. There are greater demands on simplicity, ergonomy and above all necessity. The Life Sciences industry broadly caters to Clinical Applications, Pharmaceuticals and Biotechnology and Medical devices manufacturers.