Estimates of the market value of Minimally Invasive Surgery medtech equipment varies from €25 bn to €31 bn for the 2016 market worldwide. Even more impressive is its growth rate of 7.8-10.8% CAGR. Across the globe –whether evaluating an emerging market or a highly industrialized economy – one principle driving factor of healthcare administration and […]
It has been told sufficiently that the old way of launching and selling a product is no longer the standard approach. Physicians are no longer the deciding factor, at least not in most of the European countries. In a country like Germany, physicians and surgeons still have influence in some situations, in the sense of […]
In a previous blog “Which way to go in tomorrow’s MedTech markets“, we described how different forces are placing the national healthcare systems and the MedTech and pharmaceutical industries under substantial pressure. In this second blog of this series, we offer further insights into our exploration of the healthcare market and our answers to the […]
In 2015, China had a nominal GDP €9.897 bn, with an economic growth rate of 6.9%. 5.7% of its GDP is spent on healthcare, equivalent to a total of €564 m, or €412 per capita. China is the most populated country in the world with one of the strongest GDP growth rates internationally; a fascinating […]
India is the second most populous country in the world with 1.3 billion people, more than a sixth of the world’s population. However, India has a weak public healthcare system and the bulk of the people cannot afford proper healthcare. India spends only around 4.8% of its national GDP towards healthcare goods and services (compared […]
Healthcare spending in Germany as a percentage of GDP in 2015 was 11.08%, equivalent to €4,029 per capita. Its healthcare system is largely financed by a statutory health insurance program, facilitated through over 120 public health insurance funds (Krankenkassen) that reimburse contracted public and private sector providers. This article will provide an overview of the […]
Japan is the third largest economy in the world behind the USA and China. Japan has some of the best vital statistics in the world, including the lowest infant mortality rate and highest adult life expectancy. However, a rapidly ageing population has burdened the healthcare system both in terms of funding and facilities and is […]
The state commonly referred to as Taiwan, officially named the Republic of China (ROC), represents a cluster of islands in the South China Sea, of which the island Taiwan is the largest one. In 2015, the state of Taiwan performed well on international scales of competitiveness, ease of doing business, having a (low-risk) investment-friendly climate, […]
Romania is located in Southeastern Europe, houses a population of 19.8m, and has a nominal GDP of €154 bn, at a 3% growth rate. In this article we will highlight some of the biggest challenges to the well-being of the Romanian healthcare system. Where there are many challenges and weaknesses, one can assume that there […]
The Association of Southeast Asian Nations (ASEAN) aims to have the ASEAN Economic Community (AEC) regulated and fully operational by the end of 2015. This blog post looks at the characteristics of the regional healthcare market standards and the impact of the regulation on the Thai Healthcare market.
