Getting to the bare bones of the issues and factors which are sculpturing the market, Stratview Research brings out the best actionable market intelligence for the global Top 20 Healthcare Set Ups in APAC in 2019.
The analysts have scrupulously studied the trend and cautiously forecasted the future market developments for 2018-2025.
The important questions the report answers are:
- What will be the market growth rate in the near future?
- What are the major developments in the market wrt regulations, acquisitions and innovations?
- What are the growth drivers as well as the constraints?
- What are the regional growth hotspots?
- What are the segmental growth forecasts?
These questions and many more, big and small, are all discussed in the report in great detail.
Top 20 Healthcare Set Ups in APAC in 2019: Highlights
Medical research is constantly challenging the boundaries of health care and redefining and making the impossible, possible. In 2019, as the APAC region copes with the pressure of new diseases, new hospitals and new treatment and surgeries. Hospitals across the APAC are continually updating their equipment and services in order to offer the latest high-tech medical care. From specialist cancer centers with state-of-the-art digital imaging scanners to Proton therapy in the region, successful organ transplants to specialty clinics for lifestyle diseases and multi-disciplinary mega-hospitals featuring cutting-edge medical robots, these are 20 of the most technologically advanced hospitals in the region. Stratview Research brings the findings of the study conducted in this region in 2019.
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The report finds that many factors have given rise to the upsurge of medical tourism, patient satisfaction and effective clinical outcome in APAC. The availability of highly specialized physicians, nurses and paramedics, sophisticated medical technology and state of the art facilities at a much lower cost when compared to developed countries such as USA or UK or Germany are among the key pull factors. Services such as concierge assistance at airports for patients, translation services and tie ups with luxury hotels are part of packages offered and have boosted the medical tourism in many countries.
The report from Stratview Research looks into several parameters to give a perception analysis of users, prescribers, medical tourists and travelers while they vote for the top 20 hospital, clinics or care set ups in APAC in 2019. Eight parameters were factored for this report including Pricing, Services Offered, Demand versus Supply, Growth Plans, and Recent Expansions, Medical Tourism, Adoption of Technology and overall visibility in the region. Total number of 45-60 respondents were interviewed from countries such as India, Malaysia, Singapore, Thailand, Bangladesh, Vietnam, Philippines, Australia, South Korea, Japan, Myanmar, Taiwan, Sri Lanka and Hong Kong over a period of 6 months in H1, 2019.
The outcome of the study ranks the top 20 healthcare set ups and just not hospitals based on perception in the market using Stratview’s Perception Matrix Model (PMM). Who should read this report? Policy makers, marketing and sales professionals working in the hospitals, healthcare set ups, health insurance sectors. It will give the positioning of the healthcare set up both in regional and national market. Hospital owners can use this data to re-consider or re-strategize their 2020-2021 position in the market. Smaller hospitals or healthcare set-ups may take up insights from successful business models and used cases and improvise on their existing business model.
Methodology - The participants of this study included physicians, paramedical staff, selected patient care givers, key industry speakers, teams from medical devices and pharmaceutical companies in the region. Under complete privacy, their insights and votes were collected, collated and built into a statistical model before giving weighted average for each healthcare setup or hospital. Each country data was collected considering the location of major hospital clusters, based on secondary research where ranking of the hospitals or clinics appeared in 2016-2017 (consecutive two years) and also those hospitals that were in headlines in H2, 2018 and H1, 2019. Any major mergers or tie-ups were also considered while selecting the hospitals. The selection of hospitals was reviewed by an independent committee of freelancer healthcare professionals before the actual study was conducted. Under complete oath of secrecy, the said data were collected and analyzed for past 6 months, before being released in the public as a collated and joint analysis of the APAC region.
Hospitals such Luke Medical Centre, Philippines, Wooridul Spine Hospital, South Korea, Hongkong Sanatorium and Hospital (HKSH), Hong Kong were surprise entry competing against the bigger names such as Gleneagles Hospital, Singapore, National Hospital Organisation Medical centre, Japan, Apollo Hospital, Chennai, Global Hospitals, Hyderabad, Asan Medical College, South Korea, Bumrungrad International Hospital, Thailand and more.
The report intends to collate ranking of hospitals (only), clinics (only) available in bits and pieces and to give a comprehensive understanding of the healthcare services market in APAC region.
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