Pressingissuesandcriticalimperativesthatwillshapethenewmodelfortheindustry—theconnectedlifesciencescompany.Thefutureoflifescienceskpmg.comSignalsofchangeFourstrategicimperativesConclusionHowKPMGcanhelpWhat’sinsideSignalsofchange04Fourstrategicimperatives08HowKPMGcanhelp16Conclusion153©2023CopyrightownedbyoneormoreoftheKPMGInternationalentities.KPMGInternationalentitiesprovidenoservicestoclients.Allrightsreserved.SignalsofchangeFourstrategicimperativesConclusionHowKPMGcanhelpSignalsofchangePharmaceuticalcompaniesandmedicaldevicemanufacturersareevolvingtobecomeintegralpartsofthehealthcarevaluechain.Thismeansthatincreasedconnectivityandcommunicationareexpectedbyallstakeholdersfrompayerstoproviderstopatients.Precisionmedicine,digitalhealthproducts,andlifestyletoolsthatincorporatemachinelearningandartificialintelligencenowrepresentagreaterpercentageoflifesciences’companies’portfoliosthantheydidevenafewyearsago.Andwhiletheseconnectivitytrendspromisetoimproveboththepatientexperienceandclinicaloutcomes,theyalsoincreasethepotentialattacksurfaceforcyber-criminals,requiringamuchmorerobustapproachtocybersecurityandprivacy.Thefollowingsignalsofchangearethekeydriverspushingthelifesciencesindustryintothefutureandmakeupthemostpressingissuesforfirmstoaddressandunderstand.4©2023CopyrightownedbyoneormoreoftheKPMGInternati...
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