Frost & Sullivan: Globalization, Economics, Convergence and Demographics Drive Asia Pacific Healthcare Industry

Frost & Sullivan: Globalization, Economics, Convergence and Demographics Drive Asia Pacific Healthcare Industry PR Newswire SINGAPORE, July 26, 2012 - APAC positioned to become a major player in the global healthcare market SINGAPORE, July 26, 2012 /PRNewswire/ -- The healthcare industry in Asia Pacific (APAC) is rapidly growing, fuelled by increased spending on health, liberalization of investment policies, growing medical tourism activity, and high adoption of new technologies. Accounting for more than 60 per cent of the world's total population, the region presents significant growth opportunities to meet the growing needs of a rapidly growing and ageing population. In 2011, the APAC healthcare market held 27.5 per cent of global healthcare market share. By 2015, this is expected to grow to 33.1 per cent. New analysis from Frost & Sullivan (http://www.pharma.frost.com), Asia-Pacific Healthcare Outlook 2012-2015, provides insights on the pharmaceuticals and biotechnology, medical devices, clinical diagnostics, IT, and imaging segments of the healthcare industry. In addition to an overview, the study covers market drivers, restraints, revenues, growth rates, and growth opportunities and outlines the top 10 trends for the Asian market.