The rise of PHP 25 billion Health Technology in the Philippines: Ken Research The Philippines Health Tech Market, which surged ahead with over 24.3% year-on-year growth in 2020, is poised to be a staggering PHP 55.0 Bn industry by 2025, as per findings released by Ken Research. The Philippines Health Tech Market had a slow growth initially. The slow growth corresponded to poor internet penetration and a lack… Read More »
The ups and downs of PHP 25 billion Health Tech Industry in the Philippines: Ken Research The Philippines Health Tech Market, which surged ahead with over 24.3% year-on-year growth in 2020, is poised to be a staggering PHP 55,000.0 Mn industry by 2025, as per findings released by Ken Research. Covid-19 impacted the Health Tech market positively by forcing the government to lift up the existing barriers in terms of laws… Read More »
Easy access to healthcare services by the rapid integration of Health Technology would be the new dimension for the Philippines Healthcare Market: Ken Research Philippines Health Tech Market initially experienced slow growth, but due to the alarming gap in healthcare accessibility and vast unharmonized data, the market is expected to grow exponentially in the coming years. The government is working aggressively to integrate ICT in the healthcare department under the eHealth Framework with the aim to overcome existing healthcare… Read More »
Future Growth of Health Tech Market In Philippines |Ken Research 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… Read More »
Rapid integration of health technology solutions and various virtual channels has led to a seamless penetration of health technologies in the Philippines: Ken Research Shortfall in Medical Facility: The Philippines experienced a major shortage of medical workers. Each Filipino has to wait for several hours to connect to a medical professional. It was also seen that the minimum time to reach a nearby healthcare facility was around 39 minutes. Another major problem associated with healthcare accessibility is the Philippines… Read More »
Philippines Health Tech Market Outlook to 2025: Ken Research The report titled “Philippines Health Tech Market Outlook to 2025- By Service Type (E-Pharmacy, Online Consultation and Healthcare IT Solutions) and By Region (Manila, Central Luzon, Mindanao/Davao, and Others)” provides a comprehensive analysis of the health tech industry of Philippines. The report also covers an overview and genesis of the industry, overall market size in terms… Read More »