create value capture value deliver value · barrier to entry for new entrants 78.1% 5% 5% 5% 7.2%...
TRANSCRIPT
Strategy for Service Menu Development
Create Value Customer Decision
Making
Capture Value Strategic Resources
Deliver ValueVertical Competition
Ehimwenma Nosakhare, Jacalyn Bedard, Khalid Aljabri And Prem Sharma
Medication Adherence - $2.1B by 2021US Market Size and Growth for Medication Adherence,
17.5% CAGR*
$ M
illion
s
0
550
1100
1650
2200
2015 2016 2021
2,141
95488370%
5%10%
15%
Omnicell - $260MPhillips - $173MProteus Digital Health Inc. - $87MOthers (>50 smaller regional companies) - $1217M
Competitive Landscape
• Data privacy and security • Accuracy and consistency of data • Regulatory issues
Barrier to Entry for new entrants
Chronic Care Management - $5B by 2030• Quest’s CCM services like nurse care
coordinators and comprehensive reports of patient’s care
• Walmart’s grocery section to adhere to diet
• MyQuest mobile app • Cardio IQ program
Barrier to Entry for new entrantsNumber of people living with >2 chronic
conditions, in millions
Num
ber o
f Peo
ple,
M
illion
s
0
20
40
60
80
2016 2030
Competitive LandscapeFew small local players but no major
competitors.
Corporate Wellness - ~$7B by 2022• Hiring and retaining the workforce
needed. E.g, nutritionists and physical therapists
• Acquiring technology needed to collect and analyze data
• Ability to demonstrate return on investment
Barrier to Entry for new entrants
78.1%
5%5%
5%7.2%
ComPsych Corp. Optum Health Inc. - < 5%Beacon Health Ceridian HCM Inc. - < 5%Other
Competitive Landscape
US Market Size
$ M
illion
s
6700
6775
6850
6925
7000
2018 2020 2022
6,973
6,860
6,767
80.4%
1%3%6%
9.3%
Teladoc Inc. - $172.7M Global Med - $116.7MCarenet Health Service - $47.5M Intouch Health - $26.6MOther
Competitive LandscapeTelehealth - $4.8B by 2021• Quest’s CCM services like nurse care
coordinators and comprehensive reports of patient’s care
• Walmart’s grocery section to adhere to diet
• MyQuest mobile app • Cardio IQ program
Barrier to Entry for new entrants
Sleep Management - $8.5B by 2022
• Recruiting highly skilled workforce • Understanding legislation surrounding
healthcare coverage • Solid understanding of health insurance
policies • Procurement of specialist equipment
Barrier to Entry for new entrantsCompetitive Landscape
Few small local players but no major competitors.
US Market Size
$ M
illion
s
7000
7500
8000
8500
9000
2018 2020 2022
8,841
8,261
7,667
US Market Size
$ M
illion
s
0
1250
2500
3750
5000
2015 2016 2021
4,779
1,6551,327
Healthcare Lab Fall 2017