The needs are evolving and opportunities are feasible. Our research projected that The ASEAN 6's estimated total healthcare spending will increase to ~US$740 billion until 2025, presenting an added burden of ~US$320 billion from spending in 2017. This provides extensive opportunities for healthcare businesses to fill the market gap by partnering with policy makers, providing preventive programs, investing in retirements, and offering digital services.
Medical tourism in the region is also on the rise. The market is expected to generate around US$28 billion in revenue by the end of 2024 with an estimated 8.8% CAGR.
Our team at Market Research Southeast Asia provides healthcare advisory services across various areas, including hospital & clinics, pharmaceuticals, healthcare digitization, hospital information system & IT healthcare, medical devices and insurance. We will bring the right strategy for clients to gain top-line growth and win the regional competition.