Navigation Links
Frost & Sullivan: Healthcare Delivery in APAC Upon Economic Recession

KUALA LUMPUR, Malaysia, May 25 /PRNewswire/ -- While the economic recession poses great challenges for the global industries to handle, the healthcare delivery market remains as one of the few recession proof sectors, alongside education and entertainment industries. Growing & ageing population, globalization of medical delivery services, and growing prevalence of chronic diseases have enhanced the necessity of profound healthcare delivery systems globally.

(Logo: )

Frost & Sullivan, consultant Keith Lee explains, "Across APAC, the healthcare delivery market is mainly driven by the changing demographics, which result in the strong rise of ageing population and chronically based diseases. Furthermore, the enhanced quality of healthcare in APAC has provided opportunities for countries like Thailand, India, Malaysia, and Singapore to potentially develop as the medical hubs in the region. In line with the growing affluence of the middle income population, healthcare players had given the onus to enhance the delivery of healthcare with the integration of Healthcare Information Technology (HCIT) to enhance efficiency level."

"As a result, the capabilities in treating chronically based diseases, facilities for geriatric care, establishment of HCIT operational platforms and the attainment of international recognitions, such as JCI accreditations, are likely to be the prerequisites for healthcare providers to remain regionally competitive in the future," he further elaborates.

The prevailing factors of growing and ageing population, increasing dominance of chronic disease, medical tourism popularity, and the improved affordability of quality healthcare through national health insurance programmes established in various member countries are likely to push APAC healthcare delivery sector beyond the US$ 570 billion mark by 2012.

"Despite the supporting growth factors in APAC healthcare delivery, majority of the developing countries are still faced with the challenges of insufficient funding for the healthcare sector in relation to the national GDP and disparity in terms of distribution of healthcare within the urban and rural regions. Furthermore, the attraction of new players and the expansion of the existing major players will likely intensify the level of competition in both the domestic and regional markets, in which majority of the healthcare providers are expected to compete on the basis of operational efficiencies and brand name leveraging," explains Lee.

The fast growing competition for the lucrative healthcare delivery market signifies the importance of healthcare players to react timely and efficiently towards the changing trends in the market. In the present scenario, corporate activities, such as M&A and partnerships are gradually gaining popularity for rapid turnarounds and swift penetration into diversified healthcare segments.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents. To join our Growth Partnership, please visit

    Emmie Kaur
    Corporate Communications -Healthcare, Asia Pacific
    DID: +603 6204 5913

    Jasminder Kaur
    Corporate Communications -Healthcare, Asia Pacific
    DID: +65 6890 0937

SOURCE Frost & Sullivan
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Supernanny Jo Frost Joins the Partnership for a Drug-Free America in Supporting Time To Talk(TM)
2. Masimo Corporation Receives a Frost & Sullivan 2007 Industry Best Practices Award for Pulse Oximetry Leadership
3. Panomics Inc.: Recipient of the Frost & Sullivan 2007 United States Drug Discovery Technologies Entrepreneurial Company of the Year Award
4. Novadaqs SPY Imaging System named Product of the Year by Frost and Sullivan
5. Gary Tschautscher of Nonin Medical, Inc. Receives CEO of 2007 for North American Patient Monitoring From Frost & Sullivan
6. Kelloggs Frosted Flakes Gold(TM) Helps Moms Get the Gold
7. MedApps Receives Prestigious Frost & Sullivan Award
8. Nancy Frost Joins Lawson-Hawks as Employee Benefits Vice President
9. Accurays CyberKnife System Receives 2008 North American Medical Devices Product of the Year Award From Frost & Sullivan
10. Help Your Kids Earn an A for Attentiveness with a Bowl of Frosted Mini- Wheats(R) Cereal for Breakfast
11. Therapy Could Save Limbs After Frostbite
Post Your Comments:
(Date:11/27/2015)... ... November 27, 2015 , ... According to an article published November ... and the University of British Columbia suggested that laws requiring bicyclists to wear helmets ... that part of the reason for the controversial conclusion is that, while helmets have ...
(Date:11/27/2015)... ... 27, 2015 , ... "When I was traveling, I was ... N.J. "Many people catch diseases simply from sitting on such dirty toilet seats. ... from germs." , He developed the patent-pending QUDRATECS to eliminate the need to ...
(Date:11/27/2015)... ... 27, 2015 , ... Consistent with the Radiology Business ... Better Radiology Marketing Programs meeting will showcase some of the best 2015 ... Caesars Palace in Las Vegas with a pre-conference session on a collaborative approach ...
(Date:11/27/2015)... Los Angeles, CA (PRWEB) , ... November 27, 2015 , ... ... the Commission on Accreditation of Allied Health Education Programs (CAAHEP) awarded accreditation to its ... exclusive list of CAAHEP accredited colleges, as only one of twelve colleges and universities ...
(Date:11/26/2015)... , ... November 26, 2015 , ... ... abuse located in central Michigan, have come together on Thanksgiving Day to share ... video, available for viewing on the Serenity Point YouTube channel, patients displayed what ...
Breaking Medicine News(10 mins):
(Date:11/26/2015)... 26, 2015 ... of the  "2016 Future Horizons and ... Surface Marker Testing Market: Supplier Shares, ... their offering.  --> ... the  "2016 Future Horizons and Growth ...
(Date:11/25/2015)... Nov. 25, 2015  The American Academy of ... (ACOG), and the March of Dimes cheered today,s ... Our Infants Act of 2015 (S.799), which ... newborns born exposed to drugs, such as opioids, ... introduction, all three organizations have worked together leading ...
(Date:11/25/2015)... MINNEAPOLIS , Nov. 25, 2015  ARKRAY ... care products, continues to provide evidence demonstrating the accuracy ... the World Congress on Insulin Resistance, Diabetes and Cardiovascular ... showed that both the Company,s GLUCOCARD ® 01 ... met high accuracy requirements. The ability to accurately measure ...
Breaking Medicine Technology: