CHAPTER 3

Healthcare and the Life Sciences

  1. The Rapidly Growing Burden of Healthcare
  2. Toward the Globalization of the Healthcare Industry
  3. The Digitization of Healthcare
  4. Toward a Personalized, Precise, and Robotic Medicine
  5. The Potential of Nano-Medicine
  6. Continued Upsurge in the Medication Expenditure
  7. The Rise of Chronic and Non-Communicable Diseases

The Rapidly Growing Burden of Healthcare

Over the course of the past 50 years, life expectancy at birth has been growing progressively across the world, from an average of 46.5 years in 1955 to 65.2 years in 2002 [1]. While there are significant disparities between developed and developing economies, the risk of death between ages 15 years and 60 years has dropped from 35.4 percent in 1955 to 20.7 ...

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