Asia’s healthcare industry is rapidly filling a gap in worldwide market demand. Fast-paced innovation and investments in healthcare infrastructure have, however, attracted new government regulation.Contact us for more information
The healthcare market in Asia is the most dynamic in the world. Super specialty hospital chains, multinational investments across the region, R&D innovation, high-quality universities and training, and a competitive and mobile labor force create ideal conditions for continued growth in most tier one and two Asian cities. The region also boasts of the highest populated countries in the world, and a rising share of the upwardly mobile middle-class with high disposable incomes.
Unsurprisingly, Asia’s healthcare industry now contributes to upwards of 27 percent of the global healthcare industry revenue. Increasing private sector investments, high consumer demand, and a fast growing medical tourism sector in India, China, and Southeast Asia, countries have led to governments adopting a policy mix of incentives and tightening regulation. As a result, foreign investors need to manage various challenges. These include regulatory, pricing, and investment restrictions, which could impact business strategy, scope of expansion, service offerings, export-import, and R&D capabilities.
Dezan Shira & Associates can help foreign investors successfully enter the healthcare market in Asia. The firm’s service capabilities range from studying the market, conducting due diligence, managing investments, and structuring the business model to supervising statutory compliances and maintaining best practices once operational. Dezan Shira & Associates has managed a number of projects within the healthcare industry across Asia designed to help businesses set up and grow in this dynamic market.