DKSH and FrontierView Release White Paper on Southeast Asia as a Growth Accelerator for Global Healthcare Companies – ThePrint – ANIPressReleases

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The SEA region is home to about 8.5% of the world’s population, but health care expenditures account for only 1.4% of the global total. This disproportionate scale is poised for positive change as healthcare has been given increased importance in recent years following the COVID-19 pandemic. This coincides with population growth and significant projected growth in overall wealth in the region, setting the stage for a unique backdrop for the healthcare industry.

Recognizing this perspective, FrontierView, with support from DKSH, took a thorough look at the healthcare landscape in Southeast Asia, identifying numerous challenges unique to the region. Despite its geographical limitations, Southeast Asia is home to 11 countries, each with its own set of socio-economic challenges, which are collected and analyzed in the white paper. This has highlighted very tangible barriers for healthcare companies seeking to enter the region, including localization and dealing with multiple regulatory bodies. All this is explained by the pervasive dominance of public health systems throughout the region, which is largely characterized by their struggles due to budgetary and staffing constraints.

The challenges uncovered in the white paper also highlight opportunities for global companies to improve access to healthcare in SEA countries. Limitations of public health systems in the region have led to increased expansion of the private sector to fill gaps. Gaps in the public sector have been addressed through solutions such as public-private partnerships that increase capacity, efficiency and accessibility in the region without compromising government resources.

The white paper also includes a number of recommendations, supported by extensive analysis, for global healthcare companies interested in entering the market. This includes forming strategies to address staffing shortages, applying advanced technologies such as artificial intelligence to solve unique local problems, and supporting early detection and prevention. These recommendations, and those outlined in more detail in the white paper, provide accessible and actionable guidance for the private sector seeking to enter this region of hidden opportunity.

“At DKSH, we strive to improve people’s lives by increasing access to healthcare throughout the region. We recognize the challenges associated with expanding healthcare efforts, especially when expanding into new geographic regions. With a century of experience as a preferred partner to navigate and prosper in Asia, DKSH has accumulated a wealth of knowledge. We are thrilled to be able to share our expertise and support this white paper, which will provide our partners with the latest insights and strategies for success in Southeast Asia,” said Bijay Singh, Head of Healthcare at DKSH.

Alec Lee, managing director of healthcare research at FrontierView, said that “the Southeast Asian healthcare market is a fascinating topic that greatly benefits from continued in-depth analysis.” He added that “in addition to data from our research, this white paper includes information from leading healthcare companies, including DKSH, collected through our executive roundtable. As a result, this has proven to be an exciting step in unlocking all the potential hidden in this region. We hope that the actions outlined in the white paper will help improve access to healthcare.”

The white paper is now available to view and can be downloaded here.

About the Children’s School

DKSH’s goal is to enrich people’s lives. For nearly 160 years, DKSH has powered the growth of companies in Asia and beyond across its business units: Healthcare, Consumer Products, Performance Supplies and Technology. As a leading market expansion services provider, DKSH offers sourcing, market analysis, marketing and sales, e-commerce, distribution and logistics, and after-sales services. DKSH is a member of the UN Global Compact and is committed to its principled approach to responsible business. Listed on the SIX Swiss Exchange, DKSH operates in 36 markets, employs 29,040 professionals and has net sales of CHF 11.1 billion in 2023. www.dksh.com

About FrontierView

FrontierView is a marketplace and advisory firm for global business professionals. It combines world-class strategic market intelligence and analyst advisory services with data, insights and analytical tools for market monitoring, strategic planning and international growth.

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