1. Market Research
  2. > Healthcare Market Trends

Deep dive into the Healthcare System and Medical Device Market in Philippines – report incl. surgical procedures

  • January 2016
  • 104 pages
  • TforG
Report ID: 3559692


Table of Contents

Search Inside

This TforG report includes the Surgical Procedures Database with 620 surgical interventions, reported by the ICD-9 coding system in the Philippines. To add context to the surgical procedure volumes, the report provides written and numerical analysis on the current trends, size, changes and dynamics of the local markets. In addition, the latest reforms of the local Healthcare system are clearly outlined.

The report helps businesses gain a unique insight into the socio-economic dynamics until 2015, and helps analyze how they affect healthcare systems and their evolution. It can serve as an essential tool for sales, marketing, R&D and business managers with industry related interests.

Four chapters cover the numerical and written analysis for the following topics: Economic Outlook (38 Key industry indicators), The Healthcare System (HC system structures), Reforms (restructuring, re-engineering or austerity efforts) and the Healthcare Market (Capital Equipment, Medical Devices, Disposables and Pharmaceuticals).

The report includes 620 surgical interventions (in pdf format), reported by the ICD-9 international coding system in 13 specialisms, with data for three years: last year’s actuals (2014), one year of historical data, and one year of forecast. The specialisms included are: Cardiology, Neurology, Orthopedics, Urology, ENT, Ophthalmology, OBGYN, Endocrinology, Plastic, General, Thoracic, Hemic and Lymphatic system, Oncology.

Economic Outlook:
- GDP growth rate has remained stable from 2014 to 2015 at a rate of 6.5 percent. The GDP is composed of 10.7 percent from the agricultural sector, 31.5 percent from industry, and 57.8 percent from the service sector.
-The Philippines has demonstrated a strong sense of sustainability and economic vigor, after overcoming the devastation of the typhoon two years ago. Despite such a set-back, the average economic growth rate has been over 5 percent in the past 5 years.
-The current inflation rate lies at 3.3 percent, which is a gentle increase from previous years.
-The current unemployment rate is 7.1 percent.
-The Philippines have a credit rating of BBB, stable.
-The Philippine economy is in transition from agriculture based to manufacturing and services. It is forecasted that it will become the largest economy in Southeast Asia, the 5th largest economy in all of Asia, and the 16th largest economy of the world in the coming decades.

The Healthcare System:
-Healthcare spending in 2014 was 4.65 percent of GDP. The average spending of OECD nations is 9.3 percent of their GDP.
- 37.79 percent of healthcare spending is paid for through public health expenditure, and 62.2 percent via private health expenditure.
-The private sector is larger than the public sector in many regards, from human and financial capital to technological resources.
-There is a low level of financial protection and medical expense reimbursement from the national public insurance provider PhilHealth further trouble the equality of health provision.
-The Philippines rank 9th in the list of countries where TB is most extensive.
-The Philippines have made great progress in the past decades tackling infant mortality; the rate dropped by over 50% in the last 25 years.
-In 2013, of the total health costs paid for, 48.9 percent was financed by out-of-pocket payments, PhilHealth provided 11.1 percent, local governments coverd 13.32 percent, and the national government financed 15.54 percent. The remaining 11.1 percent fall under the other category, which includes a large share of charity contributions.

- Kalusugan Pangkalahatan (KP), or Universal Health Care, under the National Health Insurance Act (2013) This reform extends healthcare insurance coverage to include the poorest classes, via government subsidies, develop benefit packages and to remove co-payments
-Increasing bed capacity and public health facilities
-The Department of Health national objectives and the Aquino Health Agenda.
These objectives and reforms seek to provide financial risk protection, through expansion of the National Health Insurance Program and to improve access to healthcare and quality hospitals and facilities.

The Markets:
-The medical device and product market is currently worth around 500 m Euro, including medical consumables (21.9 percent), diagnostic imaging (35.8 percent), orthopedics and implants (3.2 percent), dental products (8.6 percent), auxiliary devices (9.1 percent) and other medical devices (21.5 percent).
-The pharmaceutical industry was worth approximately 145.05 bln PHP (2.85 bln Euro) in 2014. It is estimated to increase by 3.5 percent in local currency by 2015, equivalent to a total worth of 2.95 bln Euro.
-The Philippine medical industry is largely dependent upon foreign imports.
-Over 80 percent of medication sold in the Philippines is done through retail pharmacies.
-Both local and foreign generic manufacturers are quickly gaining larger market shares.
-National Public-Private Partnership program calling for support and business opportunities with private entities.

Country Overview:
Includes tables centralizing all relevant data on socio-demographics, macroeconomics and national Healthcare.

National Care Provision data:
Provides an overview of the Healthcare demographics: Nation Care provision data, Intensive Care units, Operating rooms, Emergency Rooms, Hospital services, Healthcare professionals.

Reasons to buy:
- Accurate analysis of trends, opportunities and challenges of the economy and healthcare industry
- Relevant healthcare reforms
- Written and numerical analysis on important healthcare indicators (eg.: acute care data, critical care data, anesthesia data, emergency data, healthcare professionals)
- Regularly updates, at least once year
- Every update published by TforG within 6 months after your purchase will be made available to you
- Global coverage, available for + 40 countries
- Surgical Procedure Volumes section incl. 620 ICD9 coded procedure volumes for five years: last year’s actuals (2014) (2014), three years of historical data, and two years of forecast
- Actionable information to capture size, trends and potential of the market

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Amrita helps you find the right report:


The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

European Medical Equipment Maintenance Market by Device, Endoscopy, Surgical instruments, Electromedical, Service Provider & End User - Forecasts to 2022

  • $ 14946
  • Industry report
  • June 2017
  • by MarketsandMarkets

Rising focus on preventive maintenance to drive the European medical equipment maintenance market: The European medical equipment maintenance market is expected to reach USD 7.98 billion by 2022 from USD ...

Healthcare Market Global Report 2017

  • $ 10000
  • Industry report
  • July 2017
  • by The Business Research Company

The term healthcare refers to diagnosis, treatment, and prevention of disease or illness, and other physical and mental impairments in humans and animals. The healthcare market provides products and services ...

Physicians, Doctors And Other Healthcare Practitioners Market Global Report 2017

  • $ 6000
  • Industry report
  • July 2017
  • by The Business Research Company

Physicians are health practitioners having the degree of Doctor of Medicine (MD) or Doctor of Osteopathy (DO) primarily engaged in the independent practice of general or specialized medicine. Other health ...

Download Unlimited Documents from Trusted Public Sources

Mental Health Statistics in the US - Forecast

  • August 2017
    111 pages
  • Mental Health  

    Health Services  

  • United States  

View report >

Mental Health Statistics in Australia - Forecast

  • August 2017
    128 pages
  • Mental Health  


    Specialty Hospi...  

  • Australia  


    United States  

View report >

Cancer Statistics in the US - Forecast

  • August 2017
    14 pages
  • Cancer  

    Specialty Hospi...  

  • United States  

View report >

Related Market Segments :



Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.