Frost & Sullivan found that the Asia-Pacific healthcare industry is capitalizing the demand for preventive healthcare.
Here are four key points:
1. According toMarketWatch, the Asia-Pacific healthcare industry will see a big shift by 2016 as digitization, decentralization and democratization of data encourage patients to be more responsible for their health.
2. Frost & Sullivan found that companies will use capitalism to address preventive healthcare by differentiating themselves through pricing, positioning and distribution avenues.
3. The industry will move towards privatization, with India, China and Indonesia moving towards private companies managing public hospitals.
4. Frost & Sullivan believes international providers will need to customize products to local market needs if they want a place in the Asia-Pacific market.