AN INTEGRATED REVIEW ON GLOBAL ASSESSMENT OF HEALTH TECHNOLOGY IN THE HEALTHCARE SYSTEM

Abstract

Healthcare Technology Assessment plays a major role in assessing the health system, so the global assessment of HTA helps in understanding the need for transparent, fact-based decision-making in the healthcare industry to guarantee effective resource allocation and better health results. HTA will significantly impact how healthcare will be provided worldwide by evaluating the effects of health technology on society, the economy, and science. Countries differ greatly in how HTA is implemented and developed. Middle-income countries like Argentina, Brazil, and Thailand are in the intermediate stages of growth, while high-income countries like Australia, Canada, Germany, and England have well-developed HTA systems. Legal and institutional obstacles prevent HTA from being fully implemented in some nations, such as Croatia, but Hungary has a well-developed HTA procedure for pharmaceuticals. Developing countries like Sri Lanka need to allocate resources efficiently because healthcare expenses are rising. HTA can enhance decision-making and guarantee effective healthcare delivery, notwithstanding its current state of development. The global spread of HTA has emphasized its importance in health policy, emphasizing the need for context-sensitive, transparent approaches to achieve global equity and efficiency in healthcare systems. According to the findings, HTA is crucial for policymakers in helping to allocate resources, reduce inefficiencies, and ensure that technologies are adopted that are both financially viable and consistent with public health priorities. As global healthcare systems face mounting demands and budgetary constraints, HTA provides a systematic approach to integrating clinical, economic, ethical, and social factors into policy decisions, making an essential component of sustainable healthcare systems