Top 10 Healthcare Systems In The World – To reveal patterns and discover the best national health systems in Europe, the Euro Health Consumer Index (EHCI) was recently published by the Health Consumer Powerhouse.
The data was collected in 2014 for over 37 countries. The report ranks countries according to the following factors:
Top 10 Healthcare Systems In The World
The obvious winner in the ranking is the Netherlands with 898 points, the other countries far behind. In second place came Switzerland, followed by the Scandinavian countries Norway, Finland and Denmark. Great Britain, excluding Scotland, comes in 14th. In 19th place we find Spain and Italy takes the last place.
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Since 2005, the Netherlands has been in the top three countries in every report. So, what are the Dutch doing right? The high level of accessibility is a definite bonus, with 160 primary care centers open 24/7. The Netherlands is also characterized by different providers of health insurance that act in competition and are separate from hospitals and other providers. Furthermore, the Dutch have the most structured arrangement for patient organization, participation in policy and health care decisions
Because of its isolated location, Iceland has been forced to build its own system of health services. The capacity of these systems is to serve several million people, while the Icelandic population counts only 300,000. Therefore, it is not surprising that Iceland reached 8th place, their only handicap being their place outside of Europe. Since Iceland lacks its own specialist qualification training for doctors, it has developed a system that benefits its society very well. Recently graduated doctors spend 8 to 10 years outside of Iceland to not only acquire the necessary skills, but also to use these contacts throughout their career.
This “homemade” health system is also the case in Luxembourg, but, unlike Iceland, there is the possibility to capitalize on its central European location. Luxembourg has been allowing its citizens to seek care in neighboring countries for years.
Germany experienced a significant decline, falling from 6th place in 2009. Traditionally, the country had a restriction-free and consumer-oriented health care system, as patients could seek almost any type of care, leading to a focus on quantity over quality. Their weakness stems from the greater number of small, unspecialized hospitals.
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Austria is now on the rebound, since their decline in the ranking in 2013. However, the introduction of the abortion indicator did not pay off for them. Although abortion is not prohibited in Austria, as it is for example in Poland, it is not generally carried out in the health system. Whether Austria should be classified as neutral or negative is a matter of opinion.
Sweden, France and Austria make an interesting trio, 30 points less than the top nine, but keep 40 points ahead of the followers. Despite Sweden’s long associated tradition of steering patients away from taking their doctor’s time, except in dire circumstances, the country scores quite high on the prevention sub-discipline. Similar to Austria, Sweden also lost points after the introduction of the abortion rate indicator. Along with only a few Central and Eastern European countries, Sweden has more than 30 abortions per 100 live births. In comparison, Russia had 95 abortions per 100 live births, a pretty shocking statistic. This is due to the fact that in Russia abortion is still used as a common contraceptive. Another thing to note is that the EHCI looks critically at the four countries that carry out a legal ban on abortion: Ireland, Cyprus, Malta and Poland.
It is thus a few points ahead of the UK. For several years a separation had to be made between England and Scotland, the two places listed below. This was done on the basis of the existence of Scotland’s own National Health Service and that Scottish health care per capita is 10% higher than the English. Although the EHCI reports that the UK is still part of the European waiting list territory, the report and English press reports on healthcare say that waiting times worsened slightly in 2014.
Overall, the report says that health care has improved in almost every country in Europe and now offers better health care to more than 500 million people.
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Aetna Australia Bupa Canada Cancer China CIGNA Dubai E. coli EU Europe Expat Expat Health Expat Health Insurance Expats Flu Germany Health Insurance Health Insurance Health News Round-up Health News India Influenza Insurance International Health Insurance International Health News Kuwait Medical Tourism Mental Health Obesity PMI Saudi Arabia Smoking Spain Top Health Stories Travel Insurance UAE UK USA Vaccines Weekly Health News Weekly Health News WHO In 2021, the global medical devices market reached a value of nearly $488.98bn and is likely to reach an impressive US$718.92bn by 2029. increasing prevalence of chronic diseases and the increased emphasis of health care providers to diagnose and treat diseases early leads to a growing number of patients undergoing diagnostic and surgical procedures, which in turn encourages companies to innovate, improve, develop and create. medical advances.
Below, we’ve ranked the leading medical device companies by their 2021 revenue, looking only at their medical device segment results. This list includes the top 10 largest medical device companies in the world in 2022:
With over 100 years of experience and 44,000 employees in 30 countries, Cardinal Health is widely recognized for providing medicines, medical products and services that help healthcare providers. In fiscal 2022, the company’s medical segment sales fell 5%, significantly impacted by inflation and supply chain constraints. Sales were further offset by lower demand for PPE compared to the previous year and sales of the Cordis business.
The American multinational medical technology specialist, Stryker, takes the ninth place on this year’s list. With 46,000 employees worldwide, Stryker focuses on creating innovative solutions in orthopedics, medical and surgical solutions, neurotechnology and spinal care that help improve patient conditions and hospital outcomes. Until 2020, Stryker had experienced 40 straight years of growth, but with a reduction in medical procedures due to the Covid-19 pandemic, the company’s sales fell by 3.6% in 2020. by an impressive 19%, thanks to a stellar performance for MedSurg and Neurotechnology and for Orthopedics and Spine. In late 2020, Stryker completed the acquisition of Wright Medical, which is now fully integrated into Stryker and has positioned the company well for future growth.
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A mainstay in the top 10 is the leading global medical technology and life sciences company, GE Healthcare. With a broad portfolio of products, GE Healthcare is widely recognized for its imaging, ultrasound, software and life care solutions. In 2021, GE Healthcare’s sales fell by 2% with the negative impact of supply chain disruptions. In 2021, they acquired two companies; BK Medical and Zionexa, both of which have great potential in precision health and medicine, which is a core focus for GE Healthcare.
With over a hundred years in business, Philips is a diversified technology company. Philips’ healthcare division accounts for 42% of its global revenue and consists of three key areas: Diagnosis & Treatment, Connected Care, and Personal Health.
In 2021, sales of Philips healthcare products and solutions totaled $19.2 billion (€17.2 billion), a decrease of 15% compared to the previous year ($22.6 billion or €19.1 billion), negative affected by unfavorable exchange rates and a weak performance for Connected Health. The sale was carried out by several headwinds, including supply chain challenges, postponement of equipment installations in hospitals related to Covid-19, and the consequences of the Respironics field action. However, comparable order intake increased by 4%, driven by solid growth in the Diagnostics & Treatments businesses.
In announcing the full-year results, CEO Frans van Houten commented: “During 2021, we signed 80 long-term strategic partnerships and launched innovations such as the Spectral CT 7500 to support precision diagnosis, as well as expanding our Azurion image-guided therapy platform with Innovating breakthrough applications for minimally invasive treatments. We also continued to help consumers take better care of their health with our personal health offerings. Based on good customer demand and our growing order book, we expect to resume our growth and margin expansion trajectory during 2022. .
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German-based international health care company, Fresenius, takes sixth place in the list of top medical device companies. With approximately 123,000 employees in more than 100 countries, Fresenius Medical Care is the world’s leading provider of services and products for those with kidney disease.
In 2021, the company generated revenues of $19.4bn (€17.62bn), which was an 8% decline on the previous year, but a slight increase of 2% at constant currencies, with 2020 revenues at $21.0bn (€ 17.9bn). The accumulated impact of Covid-19 affected the company’s results more than they had originally estimated at the beginning of the year, but Fresenius plans to get earnings back on track in 2022.
