GCV Analytics defines the health sector as encompassing pharmaceuticals, medical and diagnostic devices, healthcare IT and administration, care provision and on-demand services as well as other health businesses.
The life sciences and health sector is facing exponential technological changes on various fronts, in an ever more digitised, automated, data-abundant and data-driven world, which is said to be in the midst of its “fourth industrial revolution”.
A Deloitte report – 2018 Global life sciences outlook – summarised the transformation of the sector, brought about by artificial intelligence (AI), automation and computing power, as follows: “Continuous manufacturing technology and robotic process automation (RPA) are shortening production times and increasing process…