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2013 APAC Healthcare Outlook

  • March 2014
  • 66 pages
  • Frost & Sullivan
Report ID: 2065716

Summary

Table of Contents

Healthcare expenditure in Asia-Pacific is expected to continue growing over the next 6 years, as rising demand for better healthcare for patients spurs reforms. This would also increase life expectancy, resulting in a large elderly population requiring long-term care. This study covers the hospital, life sciences, advanced medical technology, and connected health industries. Some of the key drivers include increasing healthcare expenditure, varying demographics, changing consumer profiles, and increasing incidence of threatening diseases. The study period is 2012 to 2018.


Global Trends in the Healthcare Market
2012 marks a watershed in the US healthcare system (due to the US supreme court decision to uphold patient protection, affordable medical care, and Obama’s re-election).

Some of the macroeconomic issues such as US fiscal woes, deepening debt crisis in Europe, and the slowdown in China would ultimately affect investments in the healthcare market as well.

Affordable care organizations (ACOs) and device tax cuts are expected to have implications for Asian companies supplying parts/components to the US market.

Increasing speed and intensity of product competition, and ferocity of generic competition would narrow down profit margins for pharmaceutical companies.

Declining R&D productivity would prompt companies to seek innovation outside.

Higher regulatory hurdles leading to greater uncertainty and fewer product approvals.

Emerging markets become the key driver to growth and spending.

Consolidation continues to increase, including at the hospital sector level.


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