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Top Five Growth Sectors in the Asia-Pacific Healthcare Market
Date:3/12/2013

MOUNTAIN VIEW, Calif., March 12, 2013 /PRNewswire/ --WHEN:

10:00 a.m. EDT on Thursday, March 21, 2013LOCATION:

Online, with complimentary registrationSPEAKER:Frost & Sullivan Healthcare Asia-Pacific Vice President Rhenu BhullerHealthcare Associate Director Geeta DhanoaAsia-Pacific Advanced Medical Technologies Senior Industry Analyst Nitin DixitConnected Health Senior Analyst Natasha Gulati for Asia-Pacific 

While global healthcare markets are forecast to grow at a less than 6 percent compound annual growth rate (CAGR) from 2012 to 2018, the Asia-Pacific (APAC) healthcare market is projected to expand at more than double this CAGR – at 12.8 percent over the same period. 

What differentiates APAC from other global healthcare markets?  For one thing, Frost & Sullivan finds that APAC healthcare expenditure will almost double in the next 6 years, with the largest share coming from China, Japan and India.  In addition, the APAC region will consist of more than 2.3 billion people aged 65 or older in 2013, comprising 9.8 percent of the population. Frost & Sullivan estimates this elderly population segment will grow to 11 percent by 2018 across the region. To support rising demand, the APAC market will require about 180 million new hospital beds over the next decade.Top Five Asia-Pacific Growth Sectors:

  • Medical Tourism: Driven by rising affluence and increasing demand for quality healthcare, medical tourism is one of the top growth sectors in APAC in the short to medium term.
  • Outpatient Surgery: This is a lucrative business option that requires less investment, with more profitability.
  • Specialty Hospitals: Due to increasing lifestyle diseases such as diabetes and coronary heart disease, Asia-Pacific
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  • SOURCE Frost & Sullivan
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