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Analysis of Healthcare IT Market Across APAC

  • September 2014
  • -
  • Frost & Sullivan
  • -
  • 105 pages

Summary

Table of Contents

Technology-Driven Transformation of Healthcare Delivery in Asia-Pacific

Asia-Pacific represents the fastest growing region for healthcare information technology (healthcare IT) solutions across the world. Rapidly changing demographic factors coupled with fast-moving government policies and legislations are allowing advanced IT tools to penetrate the market. These tools have the potential to change existing healthcare paradigms. In this study, Frost & Sullivan assesses how healthcare IT is impacting the healthcare consumer, process, and value chain across APAC.

Methodology

Data presented in this research was gathered through the following processes:
-In-depth interviews conducted with healthcare information technology (IT) vendors; hospital IT management and staff, and key opinion leaders (KOLs)
-Secondary research conducted using Frost & Sullivan proprietary content as well as publicly available sources of information, such as government website; academic and trade journals, and online media.
-Market size and forecasts were developed using Frost & Sullivan proprietary forecasting tools. Detailed methodology and forecast assumptions are included in the following section.

Key Findings
-Healthcare IT across APAC is at the stage of fundamentally transforming the healthcare industry by impacting care delivery, consumers and the value chain.
-Public-private partnerships that enable vendors, particularly multinationals, to secure large-scale strategic implementations are emerging as a game-changing market strategy in the region.

Impact of IT on Care Delivery
-Emergence of digital hospitals
-Growing importance of providing, connecting and enhancing home and community care
-Emergence of online payment and self-claim solutions for healthcare services
-Increasing reliance on predictive solutions to improve health across individuals to populations

Impact of IT on Care Consumers
-Highest priority is now being given to improving customer experience and engagement through IT solutions
-Increasing emphasis on moving health data from hospitals into the hands of consumers
-Urgent need across countries to radically amend legislation to support the above transitions

Impact of IT on Care Value Chain
-Increasing collaboration between payers, providers and industry suppliers, particularly in terms of information sharing
-Increasing use of real-world data to support clinical trials and evidence-based research, pricing, release and legislation
-Increasing demand for vendor and platform agnostic solutions

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