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:
This briefing will benefit companies already participating in APAC healthcare markets by facilitating an understanding of the changes, future predictions, and growth opportunities – particularly, the best bets for healthcare investments in the region. The presentation will also prove helpful for those organizations not currently working in APAC by providing an understanding of the overall macro environment. The webinar will cover 13 major countries of Asia, with deep dives into specific countries that show higher growth potential in certain areas, in comparison to other regions.
"Healthcare expenditure continues to experience growth as rising patient demands for better healthcare will result in healthcare reforms in Asia-Pacific," said Frost & Sullivan Asia-Pacific Healthcare Vice President Rhenu Bhuller. "The increasing life expectancy in the region will also result in more elderly requiring long-term care."
For more information about Frost & Sullivan's Healthcare group, please visit: http://healthcare.frost.com.
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