Cancer, in just a few years, is likely to overtake heart disease as the United States’ #1 cause of death. Americans are living longer, and so many more individuals are being diagnosed with cancer.
The amount spent on health care in the U.S. in 2013, as reported by the Center for Disease Control (CDC) in its latest figures available. That number was projected to rise to $3.2 trillion in 2014, nearly 17.4 percent of the Gross Domestic Product (GDP).
The number of new cases of cancer projected to be diagnosed in the United States in 2015.
The number of people in the United States projected to die from cancer in 2015.
1 in 285
The odds of a child in the U.S. being diagnosed with cancer before the age of 20.
On a more positive note, tremendous advancements have been made in the last decade due to the availability of sophisticated new drugs, robotic surgeries and radiation techniques. New technologies and market trends are creating opportunities to increase the quality of cancer care. These are just a few:
- Gene therapy
- Vaccine therapy/oral chemotherapy
- Molecular diagnostics
- Reimbursement reductions for chemo drugs, drug administration and imaging
- Proton beam therapy
- Robotic surgery
- Shift from inpatient to outpatient/minimally invasive
- Health reform