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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.

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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
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SOURCE Frost & Sullivan
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