Sustainability challenge and related SDGs:
Before you can treat any illness or health problem, a diagnosis has to be made. To be able to prescribe the right treatment to any health problem, doctors need establish a clear diagnostic. However, for 50% of the top 20 diseases responsible for the most human deaths, there is no appropriate diagnostic test. While accurate and early diagnostics enable to better treat many diseases and to save lives, health diagnostics equipment and tools clearly contribute to achieve SDG3 “Good Health and Wellbeing”.
Possible solutions and their contribution to achieving the SDGs
In order to establish clear diagnostics, physicians first speak to their patients, followed by an examination. The more precise the diagnostics are, the more adequate the treatment can be. To determine a disease, or a broken bone, doctors need specific tools to produce blood analysis or medical images for example. Such tools require years of research but they help establishing faster diagnostics, which can save lives. Therefore, we consider diagnostics facilities, equipment, tools and supplies to be an important component to achieve SDG 3 “Good Health and Wellbeing”.
Primarily related SDG Targets: 3.4; 3.d
Investment Rationale and Growth Potential
Diagnostics are a key component of a well-functioning healthcare system. Early and accurate diagnostics can save lives but also save money since it can for example help prescribing people the right treatment and recovering before they develop more serious forms of a disease. Preventive treatments are usually more affordable, can contribute to avoid costly hospital stays and therefore the overall cost for the society will be lower. This is one of the reasons why promoting early diagnosis make a lot of sense, both from a medical perspective and from a financial perspective. Diagnostics will always remain a cornerstone of medical treatment and this sector will continue to grow, and thus remains an important area for investments.