Many economists have described the 21st century as belonging to Asia, and with good reason.
Across the region, healthcare is expanding and modernising rapidly.
From China and India to Malaysia and Vietnam, demand for better care is rising, and governments are opening the doors to international investors.
This shift is creating one of the most dynamic investment landscapes anywhere in the world, creating an ecosystem ripe for long-term investment.
Growth in this sector can be attributed to a mix of long-term structural forces and more recent shifts in policy and investment appetite. Asian healthcare has been affected by rapid population growth and urbanisation, and a demand for an improvement on outdated infrastructure. As a result of this, China has recently begun to open up to foreign capital, creating opportunities for investors.
In response to these market conditions, capital is already flowing in. The largest ever South & Southeast Asia healthcare fund has recently closed by Singapore-based PE firm Quadria Capital, raising $1.7 billion, whilst India and Vietnam have seen a wave of high-profile buyouts and IPOs in recent years. This reflects growing investor confidence and a push to scale regional providers.
“Asia is one of the few regions globally where you can still build large-scale healthcare platforms with strong local demand and long-term tailwinds,” says Abrar Mir, Co-Founder and Managing Partner at Quadria Capital.
“From India to Indonesia and Vietnam, the opportunity to back transformative businesses is enormous, especially in markets where private capital can help close gaps in access and quality.”
Although it is clear the Asian healthcare market is fertile, it is highly fragmented. Each country has their own strategic conditions unique to them. This makes focussed intelligence essential when preparing to enter the market.
HBI has compiled the inaugural Asia Special Report which is out today. The report provides deep analysis and information about market size, market drivers, and key sectors covering eight markets; India, China, Vietnam, Indonesia, Malaysia, Thailand, South Korea and the Philippines. This is essential information for all those with an Asian healthcare investment strategy or an interest in the region.
HBI Intelligence members can download the full report here.
If you aren't already an HBI Intelligence member, look out for the Executive Summary that will be released soon, or get in touch to find out more about the benefits of becoming an Intelligence member today
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