Overview of Turkey’s economics Coming from an impressive economic growth of 11% in 2011, Tukey’s economic growth has slowed down and levelled off around 3% in recent years. According to GDP, Turkey currently has the 17th largest economy in the world, ranking alongside nations such as the Netherlands and Indonesia. Based on GDP/capita, it ranks […]
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Belgium’s National Healthcare Insurance Fund: How is a public insurance fund organized in order to provide for 99% of the population?
Belgium has a strong government-led socially-inclusive benefits and welfare program, with an extensive national healthcare insurance scheme, providing coverage to 99% of the population. Its national insurance fund pays close to 70% of the drugs used in its healthcare provisions, and together with other government funds and grants, the public-sector finances close to 80% of […]
India’s Health Profile and Key Indicators: How is the World’s Second Most Populated Country doing in terms of Health?
Snapshot of India’s GDP, population, and healthcare expenditure India is amongst the top 4 fastest growing economies in the world, with a growth rate of 7.1% in 2017, and an expected 7.8% in 2018. It is the 6th largest economy worldwide, and the 3rd largest by purchasing power parity (PPP). With 1.343 bn inhabitants, India […]
Under the Chilean healthcare system the purchase of health insurance is mandatory and there are 2 main service providers: Fonasa – public plans Isapres -private plans Health insurance is funded through a 7% tax that is levied on the wages of salaried employees. These funds are put into an account with which the employee can […]
A quick view of South Korea’s economic growth and healthcare spending South Korea’s healthcare (HC) expenditures were €58.14 bn from 2016-2017, or 4.6% of the GDP. As a percentage of GDP this expenditure is forecasted to decrease slightly over the next 2 years, though overall expenditure will increase steadily, due to positive GDP growth forecasts. […]
Egypt’s healthcare market is one of the largest in the Middle East and North Africa. In theory, Egypt offers a universal healthcare system. In practice, half of the population has limited access to health because of high patient contributions, non-availability of adequate medical services and lack of quality.
Poland has a sturdy track record as a liberal and sound business partner, and currently holds the 6th largest economy in the European Union. From 2014 onwards, Poland has enjoyed a strong GDP growth of near to -or above- 3% annually. Forecasts predict it will continue with this performance. Consumer spending was a principal driver for […]
Australia is often viewed as one of the most opportune markets in the Asia-Pac region, based on purchasing power, volumes, and risk evaluations. It has a well-established and connected healthcare market, with importers from all over the world, and the highest per capita expenditure on HC in the Asia-Pac region. It is quick and keen […]
TforG prides itself in actively and passionately following, studying and understanding the latest developments in global healthcare markets. This year, for the 25th year in a row, we visited one of the world’s largest and most international trade forums, MEDICA, in Germany. Top decision makers from around the world come together at MEDICA and see […]
In the previous blogs of this three-part series on preventative care, we introduced the scope of this fantastic market, and presented some exciting new technologies. In this article, we will specifically explore the growth drivers and characteristics of our modern-day healthcare market that are fostering and defining the preventative care products and services market.