Future Growth of Health Tech Market In Philippines |Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The Philippines government introduced universal health coverage (UHC) in 2019. The UHC Act embodies this choice and was carried by a broad coalition of parliamentarians across the political spectrum. With the advent of advancements in the Healthcare sector, another law was introduced to promote health technology in the country. eHealth strategic framework and act was initiated back in 2014 but its full force implementation started in the year 2019-2020. Philippines’ digital health ecosystem is rapidly growing, creating opportunities for new entrants as well as new areas for partnership and collaborations. The Philippines have a mixed but unorganized model of public and private delivery of healthcare which requires an immediate improvement to bridge the gap of healthcare accessibility. Philippines’ increasing technologically engaged population is providing a strong foundation for digital health. The end user’s preference to adapt to the technological platform is a subset of the “tech ability age”. Older doctors/patients are less acclimated to technology. The health tech solutions are becoming important for the healthcare system in the country to improve the delivery of precision healthcare and to tackle the huge unharmonized data. Digital health has emerged as a key area of disruptive innovation in the Philippines in the last 2-3 years and is gaining momentum as the Philippines’ sizeable youth population increasingly looks to digital solutions to access goods and services. Digital health is emerging in the Philippines, to address a number of challenges in the country’s healthcare system. The healthcare improvements are expected to overcome the geographical challenges as well as major doctor shortages per Filipino. In the last 2-3 years, a range of digital health companies and digital health solutions have emerged in Philippines. Philippines’s has a growing population who are geographically dispersed are a strong user base for the Philippines’ emerging digital health applications. Philippines Health Tech Market Segmentation By Product Type: The health tech market is segmented on the basis of four major types of products available in the Philippines. The Philippines health tech market is segmented into the E-pharmacy market, online consultation market, and healthcare IT solutions market. The Health IT segment holds a higher share in the Philippines health tech market during 2020 owing to the increasing need to organize and structure the previously existed unharmonized data. Lockdown in the initial months of 2020 helped both E-Pharmacy and Online Consultation market to boon. Whereas on the other hand, the appointment booking segment held almost zero share in the market due to its low product awareness and an almost negligible number of players in the market. Detailed Analysis On E-Pharmacy Market E-Pharmacy Market: The E-pharmacy market was observed to be in its initial growing stage around the year 2015. A vast increase in growth was witnessed over the recent years. The reason behind the slow growth was the strict government regulations. Prescription-based drugs/products are slowly contributing more towards the sales revenue in the E-pharmacy market. The E-pharmacy market is further segmented on the basis of order split, order platform, and cities. The competition in the E-pharmacy market was observed to be concentrated with major players competing on the basis of availability of products, pricing/discounts, product variety, and other factors. Some of the major players include Mercury, MedGrocer, Muramed, and others, with Mercury Pharmacy leading the market in terms of GMV in 2020P. Owing to clear government regulations for the e-pharmacy platforms along with the increase in product listings on E-platforms platforms, the online sale is expected to grow in the near future. Detailed Analysis On Online Consultation Market The online consultation market was in its nascent growth stage in its initial years. It witnessed regular growth over the years as it bridged the gap for healthcare availability in the Philippines. Video consultation contributes the maximum towards the revenue by value of the online consultation market. The online consultation market is further segmented on the basis of mode of consultation, type of doctor, and cities. The competition in the online consultation market was observed to be highly concentrated amongst the domestic players. They compete on the basis of availability of doctors, type of doctors, and other factors. Detailed Analysis On Healthcare It Solutions Market The Healthcare IT Solutions market was observed to be in its steady growth stage initially as compared to other markets, alongside witnessing adequate growth over the years. Clinics being the majority of end-user contribute the largest revenue value for the healthcare IT solutions market. The competition in the healthcare IT solutions market was observed to be highly concentrated with major players competing on the basis of product variety, service offerings, clientele, and other factors. Comparative Landscape In Philippines Health Tech Market The competition was observed to be moderately fragmented however, within some product segments; the competition has become concentrated with the entry of domestic players such as BizBox, Serious MD, and others. Nevertheless, the international/domestic players have a presence in the market in terms of revenue, product variants, and others. Philippines Health Tech Future Outlook And Projections Factors such as cheap product variants, additional availability of doctors, shifting from traditional to online health services will drive the Philippines Health Tech market in the near future both in terms of revenue and sales volume. Apart from domestic players, numerous other international players might enter the market and contribute towards the growth in the future in Philippine’s health tech market. Key Segments Covered: – E-Pharmacy Market Size, 2017-2025F Online Consultation Market Size, 2017-2025F Healthcare IT Solutions Market, 2017-2025F Product Type E-Pharmacy Market Order Split (Prescribed, OTC and Others) Order Platform (Mobile and Web) Cities/Region (Manila, Region III-IV, Mindanao/ Davao and others) Online Consultation Market Mode of Consultation (Chat, Audio, Video) Type of Doctor (General and Specialized) Cities/Region (Manila, Region III-IV, Mindanao/ Davao and Others) Healthcare IT Solutions Market Products (HMS, CMS, PMS/PIS, EMR) Cities/Region (Manila, Central Luzon, Mindanao/Davao others) Key Target Audience Healthcare Professionals Hospitals& Clinics Venture Capitalists Government and Regulatory Bodies Health Tech Companies Health Tech Industry Consultants Time Period Captured in the Report: Historical Period: 2017-2020P Forecast Period: 2020P–2025F Companies Covered: Online Consultation AIDE Konsulta MD Medifi Medgate Zennya eZConsult Dima HealthNow My Pocket Doctor Kitika icliniq E-Pharmacy Mercury Pharmacy Watson Southstar drug Rose Pharmacy AIDE Muramed GetMeds MedGrocer Healthcare IT Solutions Hybrain Exist Healthcare BizBox KCCI Medsys Comologik Medcurial Serious MD Ascendant Technologies MedCheck MedProjects Segworks Key Topics Covered in the Report: – Philippines Health Tech Market Introduction Philippines Health Tech Market Size, 2017-2020P Philippines Health Tech Market Segmentation, 2017-2020P (By GMV and on the basis of type of product – E-Pharmacy, Online Consultation and Healthcare IT Solutions) Detailed Analysis on Philippines E-Pharmacy Market (By GMV – By Order Split on the basis of Prescribed drugs, OTC drugs, Medical devices and other products, By city – Manila, Region III-IV, Mindanao/ Davao and Others, By Order platform – Mobile application and web browser, By No. of Orders – By Order Split on the basis of Prescribed drugs, OTC drugs, Medical devices and other products, By city – Manila, Region III-IV, Mindanao/ Davao and Others, By Order platform – Mobile application and web browser) Detailed Analysis on Philippines Online Consultation Market (By No. of Consultations: By Mode of Consultation – Chat, Video and Audio, By Type of Doctor – General Practitioners and Specialized Doctor, By City/Region – Manila, Region III-IV, Mindanao/ Davao and Others, By GMV – By Mode of Consultation – Chat, Video and Audio, By Type of Doctor – General practitioner and Specialized Doctor, By City – Manila, Region III-IV, Mindanao/ Davao and Others) Detailed Analysis on Philippines Healthcare IT Solutions Market (By Revenue –By Product Type – Software and IT Services) Trends and Developments in Philippines Health Tech Market (Future Projections on Regulatory Landscape in Philippines Health Tech Market Target End Users (target End users for the E-Pharmacy segment, online consultation segment and healthcare IT solutions segment) Competitive Landscape in Philippines Health Tech Market International Success Case Study for Philippines Health Tech Market Philippines Health Tech Market Future Outlook and Projections, 2020P-2025F (By GMV and on the basis of type of product – E-Pharmacy, Online Consultation and Healthcare IT For More Information on the Research Report, Click on the below link: – Future of Philippines Health Tech Market Related Reports by Ken Research: – Indonesia Health Tech Market Outlook to 2025-Lack of Medical Staff and Protective Gear to Lean on Healthcare Startups in Indonesia Philippines Retail Pharmacy Market By Market Structure, (Organized and Unorganized Market) , By Type of Store Location (Standalone and Hospital Based Pharmacies) By Region (North, Central and South), By Type of Sales (Prescribed Medicines, OTC Products, Non-Pharmaceutical Products and Medical Equipment) By Type of Drug (Generic and Patented Drug) and by Therapeutic Class. Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: AIDE Philippines Health Tech Market Research Report, Ang merkado ng telemedicine sa Philippines, Ascendant Technologies Philippines Health Tech Market, BizBox Philippines Health Tech Market Revenue, COVID 19 Impact on Health Tech Industry, E-health Market in Philippines, End Users of Health Tech Market In Philippines, Future of Philippines Health Tech Market, Health Tech Companies in Philippines Market, Health Tech Industry in Philippines, Health Tech Industry sa Pilipinas, Health Tech Market in Philippines, Healthcare IT solutions market in Bandung, Healthcare IT Solutions Market in Philippines, Impact of Covid-19 on Philippines Health Tech Market, Inireseta ng Pilipinas ang E-Pharmacy Market, Investment Activities in Philippines Health Tech Market, Kita sa Health Tech Market ng Pilipinas, Konsulta MD Philippines Health Tech Market Outlook, Laki ng Market sa Health Tech ng Pilipinas, Market sa Health Tech sa Pilipinas, Market sa Technolohiya ng kalusugan Philippines, MedCheck Philippines Health Tech Market Analysis, Medgate Philippines Health Tech Market Competitors, MedGrocer Philippines Health Tech Market Sales evenue, Medifi Philippines Health Tech Market Growth Rate, Mercury Drug Philippines Health Tech Market, Merkado ng parmasya online Philippines, Mga End User ng Health Tech Market Sa Pilipinas, Muramed Philippines Health Tech Market Growth, MyPocketDoctor Philippines Health Tech Market Size, Online Consultation Market in Philippines, Online Health Consultation Players in Philippines, Online Pharmacy market in Philippines, Pagsusuri sa Market Health Tech ng Pilipinas, Philippines Appointment Booking Market, Philippines chat doctor market, Philippines chat doctor market Growth, Philippines clinic IT market, Philippines Digital Health Industry, Philippines Digital Health Market, Philippines Doctor Appointment market, Philippines drug store IT market, Philippines E-Health Industry, Philippines E-health Market, Philippines e-pharmacy industry, Philippines e-pharmacy market, Philippines Health Tech Industry, Philippines Health Tech Industry Consultants, Philippines Health Tech Industry Research Report, Philippines Health Tech Market, Philippines Health Tech Market Analysis, Philippines Health Tech Market Forecast, Philippines Health Tech Market Growth Rate, Philippines Health Tech Market Major Players, Philippines Health Tech Market Outlook, Philippines Health Tech Market Research Report, Philippines Health Tech Market Revenue, Philippines Health Tech Market Segmentation, Philippines Health Tech Market Share, Philippines Health Tech Market Size, Philippines Health tech opportunities, Philippines Healthcare IT industry, Philippines Healthcare IT market, Philippines Healthcare IT Solutions Market, Philippines hospital IT market, Philippines M-Health Market Growth, Philippines mobile consultation market, Philippines mobile health market, Philippines online appointment industry, Philippines Online appointment market, Philippines online consultation industry, Philippines online consultation market, Philippines online delivery of drugs, Philippines online delivery of drugs Market Growth, Philippines Online Doctor appointment booking market, Philippines online doctor consultation market, Philippines online drug stores, Philippines online drug stores Market, Philippines online pharmacy market, Philippines Prescribed E-Pharmacy Market, Philippines Telemedicine Market, Philippines Video consultation market, Pilipinas Health Tech Market Share, Rose Pharmacy Philippines Health Tech Market, Scope in Health Tech Market Philippines, Segworks Philippines Health Tech Market Growth, Success Case Study for Philippines Health Tech Market, Telemedicine market in Philippines, Ulat sa Pananaliksik sa Health Tech Industry ng Pilipinas, Ulat sa Pananaliksik sa Health Tech Market ng Pilipinas, Watsons Company Philippines Health Tech Market Share