Every year, our team of futurists, analysts, and consultants at Frost & Sullivan’s Transformational Healthcare Group comes together to brainstorm and predict the themes, technologies, and global forces that will define the next 12 to 18 months for the healthcare industry. We also retrospect how we did each year, and each year we are becoming more accurate in the predictions we make. For the 2019 predictions that were released in November 2018, six out of eight predictions realized as anticipated, while the two remaining predictions have not panned out exactly the way we thought.

The new vision for healthcare for 2020 and beyond will not just focus on access, quality, and affordability but also on predictive, preventive, and outcome-based care models promoting social and financial inclusion. As we are on the verge of entering a new decade of change globally, 2020 will be a reality check for long-pending national healthcare policies and regulatory reforms that must reinvigorate future strategies. China will continue to catch up to the US on some important health metrics as it strives to become the “world’s best and cheapest health system.”

The top 8 predictions for 2020 are as follows:

Prediction #1: SDOH analytics platform gains traction during 2020

Prediction #2: AI develops more use cases and faces more ethical challenges, beginning with radiology

Prediction #3: Annuity-based model to catapult gene therapy commercialization

Prediction #4: Continued VC funding mega-rounds make 2020 a banner year for Digital Health Unicorns’ IPO exits

Prediction #5: Interoperability by pure-play solution vendors will gain ground against standalone systems

Prediction #6: Telehealth will gain mainstream adoption in the overall mix of healthcare services and will expand beyond the current focus on chronic conditions

Prediction #7: Precision medicine-led approaches will pave the way for next-gen health data analytics solutions

Prediction 8: 2020 will be a year of ‘Retailization’ for the healthcare industry, promoting the ‘Comparison Shopping’ consumer mindset