Navigation Links
Frost & Sullivan: Healthcare Delivery in APAC Upon Economic Recession
Date:5/25/2009

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: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO )

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 http://www.frost.com.

    Contact:
    Emmie Kaur
    Corporate Communications -Healthcare, Asia Pacific
    DID: +603 6204 5913
    Email: emmie.kaur@frost.com

    Jasminder Kaur
    Corporate Communications -Healthcare, Asia Pacific
    DID: +65 6890 0937
    Email: jkaur@frost.com


'/>"/>
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:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... Ill. (PRWEB) , ... October ... ... Edwardsville School of Pharmacy (SOP) alumni Hannah Randall, PharmD ‘17, and Jennifer ... healthcare professionals on guideline updates for the primary prevention of cardiovascular diseases ...
(Date:10/13/2017)... ... October 13, 2017 , ... Ellevate Network, the leading ... to advocate for action towards gender equality at their inaugural Summit in New York ... globe, and reached a social audience of over 3 million. To watch the Mobilize ...
(Date:10/13/2017)... ... ... Journey: From the Mountains to the Mission Field”: the story of a missionary couple ... From the Mountains to the Mission Field” is the creation of published author, Carole ... and currently teaches a class of ladies at her church, which she has taught ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... meet the demand of today’s consumer and regulatory authorities worldwide. From Children’s to ... and tested to meet the highest standard. , These products are also: ...
(Date:10/12/2017)... (PRWEB) , ... October 12, 2017 , ... ... Mohebi Hair Restoration, has recently contributed a medical article to the newly revamped ... cosmetictown.com. Dr. Mohebi’s article spotlights the hair transplant procedure known as Follicular ...
Breaking Medicine News(10 mins):
(Date:10/11/2017)... FRISCO, Texas , Oct. 11, 2017 /PRNewswire/ ... healthcare services, has amplified its effort during National ... patients about hereditary cancer risks. ... Journal of Clinical Oncology calculated that more than ... to have inherited mutations in BRCA1 or BRCA2 and ...
(Date:10/5/2017)... 2017  In response to the nationwide opioid ... Surgeons (AAOMS) released prescribing recommendations that urge ibuprofen ... as a first-line therapy to manage a patient,s ... Recognizing the value and importance of ... Prescribing: Acute and Postoperative Pain Management" stresses that ...
(Date:10/2/2017)... -- Eli Lilly and Company (NYSE: LLY ) ... of 2017 on Tuesday, October 24, 2017. Lilly will ... the investment community and media to further detail the ... begin at 9 a.m. Eastern time. Investors, media and ... the conference call through a link that will be ...
Breaking Medicine Technology: