Asia-Pacific connected healthcare market is one of the fastest growing regions. The Asia-Pacific market comprises of mainly two regions; Asia market and Pacific market. Asian market made up from countries like Japan, China, India, Australia, Republic of Korea and rest of Asia-Pacific.
Japan accounted for the largest market share of Asia-Pacific connected healthcare market registering USD 838.75 million revenues in 2015 and expected to reach by USD 7.20 billion by 2022. Australia is the fastest growing region, and is expected to grow at the rate of 31.26% CAGR during forecasted period.
The Asia Pacific region has been showing a tremendous growth in the connected healthcare market and is expected to dominate the industry by the end of forecasted period. The driving factors include telemedicine, remote monitoring, remote diagnosis, easy access to connected healthcare applications and most importantly cost effectiveness of such connected healthcare solutions. Asia Pacific is home to a large number of developing countries such as India, Bangladesh, Thailand, Pakistan, Myanmar, Malaysia, Indonesia, and Vietnam among others which are increasingly deploying connected healthcare solutions for better healthcare, educating people regarding awareness, and also for treatment of crucial and chronic diseases.
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This region encompasses more than 48 countries in addition to the two largest populated countries globally viz. China and India, evidently having the largest number of mobile and broadband connectivity. This wide spread network connectivity is bringing together rural and remote area population therefore, proving to be a gateway to connect with the connected healthcare solutions effectively and also to avail its benefits without any barriers (which includes culture, language, status, and border).
The market is expected to remain in a strong growth phase as purchasing power expands for people in emerging countries of Asia-Pacific. Also, in the emerging markets of Asia-Pacific, the market is expected to grow due to an increase in healthcare awareness, a gradually developing economy leading to increased affordability and relatively less competition compared to the developed regions. A major portion of the mobile health deployments in the APAC is focused to improve the efficiency of healthcare workforce and systems. Majority of the initiatives have been taken to spread prevention and awareness messages, education among youth, improving the efficiency of community healthcare workers and health and fitness management.
The Asia Pacific Connected Healthcare market statistical report published by Market Research future contains a brief overview of Connected Healthcare market by countries. Japan has majorly dominated the connected healthcare market by country and is expected to grow continuously during the forecasted period of 2016-2022. The report analysis the Asia Pacific connected healthcare market by country and presents systematic data of market share on the basis of segments and its growth rate for 2016 to 2022, along with forecast till 2022.
Market Research future through this report aims to provide understanding of the Asia Pacific connected healthcare market on the basis of country, and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of Asia Pacific connected healthcare market.
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