-
Americas
-
Asia & Oceania
-
A-I
J-Z
EMEA Thought Leadership
Developing IQVIA’s positions on key trends in the pharma and life sciences industries, with a focus on EMEA.
Learn more -
Middle East & Africa
EMEA Thought Leadership
Developing IQVIA’s positions on key trends in the pharma and life sciences industries, with a focus on EMEA.
Learn more
Regions
-
Americas
-
Asia & Oceania
-
Europe
-
Middle East & Africa
-
Americas
-
Asia & Oceania
-
Europe
Europe
- Adriatic
- Belgium
- Bulgaria
- Czech Republic
- Deutschland
- España
- France
- Greece
- Hungary
- Ireland
- Israel
- Italia
EMEA Thought Leadership
Developing IQVIA’s positions on key trends in the pharma and life sciences industries, with a focus on EMEA.
Learn more -
Middle East & Africa
EMEA Thought Leadership
Developing IQVIA’s positions on key trends in the pharma and life sciences industries, with a focus on EMEA.
Learn more
SOLUTIONS
-
Research & Development
-
Real World Evidence
-
Commercialization
-
Safety & Regulatory Compliance
-
Technologies
LIFE SCIENCE SEGMENTS
HEALTHCARE SEGMENTS
- Information Partner Services
- Financial Institutions
- Global Public Health
- Government
- Patient Associations
- Payers
- Providers
THERAPEUTIC AREAS
- Cardiovascular
- Cell and Gene Therapy
- Central Nervous System
- GI & Hepatology
- Infectious Diseases and Vaccines
- Oncology
- Pediatrics
- Rare Diseases
- View All
Impacting People's Lives
"We strive to help improve outcomes and create a healthier, more sustainable world for people everywhere.
LEARN MORE
Harness the power to transform clinical development
Reimagine clinical development by intelligently connecting data, technology, and analytics to optimize your trials. The result? Faster decision making and reduced risk so you can deliver life-changing therapies faster.
Research & Development OverviewResearch & Development Quick Links
Real World Evidence. Real Confidence. Real Results.
Generate and disseminate evidence that answers crucial clinical, regulatory and commercial questions, enabling you to drive smarter decisions and meet your stakeholder needs with confidence.
REAL WORLD EVIDENCE OVERVIEWReal World Evidence Quick Links
See markets more clearly. Opportunities more often.
Elevate commercial models with precision and speed using AI-driven analytics and technology that illuminate hidden insights in data.
COMMERCIALIZATION OVERVIEWCommercialization Quick Links
Service driven. Tech-enabled. Integrated compliance.
Orchestrate your success across the complete compliance lifecycle with best-in-class services and solutions for safety, regulatory, quality and medical information.
COMPLIANCE OVERVIEWSafety & Regulatory Compliance Quick Links
Intelligence that transforms life sciences end-to-end.
When your destination is a healthier world, making intelligent connections between data, technology, and services is your roadmap.
TECHNOLOGIES OVERVIEWTechnology Quick Links
CLINICAL PRODUCTS
COMMERCIAL PRODUCTS
COMPLIANCE, SAFETY, REG PRODUCTS
BLOGS, WHITE PAPERS & CASE STUDIES
Explore our library of insights, thought leadership, and the latest topics & trends in healthcare.
DISCOVER INSIGHTSTHE IQVIA INSTITUTE
An in-depth exploration of the global healthcare ecosystem with timely research, insightful analysis, and scientific expertise.
SEE LATEST REPORTS
FEATURED INNOVATIONS
-
IQVIA Connected Intelligence™
-
IQVIA Healthcare-grade AI™
-
-
Human Data Science Cloud
-
IQVIA Innovation Hub
-
Decentralized Trials
-
Patient Experience Solutions with Apple devices
WHO WE ARE
- Our Story
- Our Impact
- Commitment to Public Health
- Code of Conduct
- Environmental Social Governance
- Privacy
- Executive Team
NEWS & RESOURCES
Unlock your potential to drive healthcare forward
By making intelligent connections between your needs, our capabilities, and the healthcare ecosystem, we can help you be more agile, accelerate results, and improve patient outcomes.
LEARN MORE
IQVIA AI is Healthcare-grade AI
Building on a rich history of developing AI for healthcare, IQVIA AI connects the right data, technology, and expertise to address the unique needs of healthcare. It's what we call Healthcare-grade AI.
LEARN MORE
Your healthcare data deserves more than just a cloud.
The IQVIA Human Data Science Cloud is our unique capability designed to enable healthcare-grade analytics, tools, and data management solutions to deliver fit-for-purpose global data at scale.
LEARN MORE
Innovations make an impact when bold ideas meet powerful partnerships
The IQVIA Innovation Hub connects start-ups with the extensive IQVIA network of assets, resources, clients, and partners. Together, we can help lead the future of healthcare with the extensive IQVIA network of assets, resources, clients, and partners.
LEARN MORE
Proven, faster DCT solutions
IQVIA Decentralized Trials deliver purpose-built clinical services and technologies that engage the right patients wherever they are. Our hybrid and fully virtual solutions have been used more than any others.
LEARN MORE
IQVIA Patient Experience Solutions with Apple devices
Empowering patients to personalize their healthcare and connecting them to caregivers has the potential to change the care delivery paradigm.
LEARN MOREWORKING AT IQVIA
Our mission is to accelerate innovation for a healthier world. Together, we can solve customer challenges and improve patient lives.
LEARN MORELIFE AT IQVIA
Careers, culture and everything in between. Find out what’s going on right here, right now.
LEARN MORE
WE’RE HIRING
"Improving human health requires brave thinkers who are willing to explore new ideas and build on successes. Unleash your potential with us.
SEARCH JOBSBlog
Expectations about Seismic Shifts in Global Healthcare Spending and Payment Reforms
Key themes from expert webinar about the IQVIA Institute report on Global Medicine Spending and Usage Trends: Outlook to 2025 Held Tuesday, May 18, 2021
Jun 24, 2021
One of the important fallouts from the global COVID-19 pandemic may be seismic shifts in global healthcare spending, which may include an increase or reallocation in spending on health in middle- and low-income countries and accelerated efforts to advance new models for financing and payment reforms in healthcare.
This was one of the key themes that emerged from a webinar we at the IQVIA Institute for Human Data Science convened on Tuesday, May 18, 2021, to discuss the findings of our new report, Global Spending and Usage Trends: Outlook to 2025. Watch the webinar on-demand.
The webinar, which I moderated, brought perspectives from the following experts:
- Thomas Bollyky, Director of the Global Health Program at the Council on Foreign Relations
- Thomas Cueni, Director General of the International Federation of Pharmaceutical Manufacturers and Associations
- Amanda Glassmann, Executive Vice President at the Center for Global Development
- Panos Kanavos, Deputy Director, LSE Health, London School of Economics
Here are some excerpts from the conversation during the webinar:
Increase in total budgets or a shift in spending on health
There was consensus among the panelists that the COVID-19 pandemic may lead to pressures for increased spending, in particular in middle- and low-income countries that have been hit very hard by the pandemic, forcing more people to live in poverty. This trend will be fueled by a growing recognition that health spending is tightly linked to economic growth, and that there are negative consequences on population health outcomes stemming from increases in unemployment.
Furthermore, the concerns about other potential cases of zoonotic diseases spreading from animals to humans and leading to other corona-virus-type pandemics will incentivize governments to spend more on healthcare as part of future pandemic preparedness.
However, there were different opinions on whether the increase in spending related to COVID-19 vaccines and therapeutics will lead to an overall growth in total healthcare budgets, or if it will crowd out other areas of potential spending on healthcare, including non-communicable diseases such as cancers.
Some panelists also expect more involvement by finance ministers moving forward in areas such as drug pricing and the procurement process around healthcare spending.
Payment reforms will accelerate
One of the implications of the pressures on increased spending on healthcare will be efforts to advance new approaches to financing, including targeted funding and payment reforms.
The fact that 5-10% of the population consumes about two-thirds of the entire spending on healthcare services and medicines suggests those healthcare systems will be focused on better targeting of their healthcare spending, rather than necessarily increasing the total healthcare bill.
Payment reforms and new models for procurement may be unavoidable, with the rise in the number of novel, innovative therapies for chronic diseases in addition to the pressures from growing demand for vaccines and therapeutics to prevent and treat infectious diseases.
Yet middle- and low-income countries are likely to struggle with payment reform, as most of these countries don’t have DRG-systems like high-income countries, and therefore will tend to continue with input-based payment models rather than output- and value-based approaches.
Restructuring of the global vaccine industry
The global innovative pharmaceutical industry has responded effectively to the pandemic, delivering vaccines to fight COVID-19 with unprecedented speed. The global pharmaceutical supply chains also held up surprisingly well despite the disruptions.
Hopes were expressed that the COVID-19 innovations in vaccines could lead to innovations on the therapeutic side, which so far have been disappointing.
The panelists predict a fundamental transformation of the global vaccines industry, which may lead to industry consolidations and a positive spillover to disease areas other than COVID-19, such as HIV. This trend may be accelerated by growing political demands for universal vaccination programs for a broader range of infectious diseases, including influenza.
However, caution was articulated that the massive efforts to pursue innovations in mRNA-technologies, both in infectious diseases and in oncology, may not turn out to be the desired game-changer.
The challenges for the European Union
The panelists addressed the challenges that the European Union has faced responding effectively to the COVID-19 pandemic when it comes to the development of vaccines and implementation of immunization programs.
The EU is not expected to implement successful approaches such as the U.S. Warp Speed program, and member states are not likely to delegate more authority to Bruxelles, despite some attempts by countries to collaborate on vaccines, as seen in the Benelux.
Download our full Global Medicines report.