asia healthspace

Hospital markets country briefs China   We have explored the many trends driving the growth in China’s healthcare market in the above sections. With the recent policy change allowing 100% non-Chinese ownership of hospitals and other health services, foreign and private ventures in China’s healthcare sector is projected to increase over time. In fact, the [...]

Printed with permission: Source: EIU Healthcare Report February 2010 Despite the relatively low level of spending on healthcare in Singapore, the island state’s health indicators are good Spending on healthcare in Singapore is relatively low as a percentage of GDP: at an estimated 4.1% in 2009, it is below the average of around 5.3% of [...]

Printed with permission: Source: EIU Healthcare Report October 2009 Despite relatively low healthcare spending, Hong Kong rates well in comparisons of basic health indicators, such as life expectancy. Spending on healthcare (which tends to be resistant to economic downturns) ticked up to an estimated 6.2% of GDP in 2009, based on WHO definitions. This is [...]

Printed with permission. Source: EIU Healthcare Report November 2009 The standard of healthcare in Thailand is relatively high, but there are considerable regional disparities, as well as differences between public and private provision. As a percentage of GDP, healthcare spending in Thailand has remained at around 3.3% in recent years, below the estimated level in [...]

Printed with permission. Source EIU Healthcare Report December 2009 Despite the low ratio of health spending to GDP, Malaysia’s public healthcare system is lauded as an Asian success story The value of Malaysia’s healthcare industry is estimated at around US$8.4bn in 2009. Total expenditure on healthcare is estimated at the equivalent of 4.3% of GDP [...]

Printed with permission. Source: EIU Healthcare Report September 2009 The government must reconcile rising demand for healthcare with a desire for fiscal consolidation Healthcare spending per head in the Philippines is low, at only US$68 (at market exchange rates) in 2009, above the levels of US$60 in Indonesia and US$39 in Vietnam, but below those [...]

Printed with permission. Source: EIU Healthcare Report December 2009 Provision of healthcare in Vietnam is respectable in terms of health indicators such as life expectancy and infant mortality but the poor provision of health services in rural areas is reflected in the health equitability rankings from the WHO, which puts Vietnam 183 out of 194 [...]

Printed with permission. Source: EIU Healthcare Report September 2009 Indonesia remains one of the poorest countries in South-east Asia, and the quality of healthcare available is low and subject to considerable regional inequalities. Healthcare spending in Indonesia is low by regional standards, accounting for 2.7% of GDP in 2008, compared with 3.3% in Thailand and [...]

Printed with permission. Source: EIU Healthcare Report December 2009 Recent increases in health expenditure have been a result of rising incomes, the growing incidence of prosperity-related chronic illnesses, such as heart disease, and the rapid ageing of the population. In 2009 healthcare spending per head in Taiwan was estimated at US$1,074, and total healthcare spending [...]

Printed with permission. Source: EIU Healthcare Report October 2009 Healthcare spending is low by OECD standards and a rapidly ageing population will put further pressure on the system Total healthcare spending in South Korea is among the lowest in the OECD, at an estimated US$971 per head in 2009, or about 6% of GDP—compared with [...]