Market Analysis - Primary Healthcare 2020
Primary Health Care Associations around the Globe
A Primary Healthcare association is a professional organization for health professionals. They are often based on specialty and are usually national or regional affiliates. Health associations usually offer conferences and continuing education. Health associations often serve in capacities similar to trade unions, and often take public policy stances on medical issues.
The Primary Healthcare industry is an aggregation of different sectors within the economic system that provides goods and services to treat patients with curative, preventive, rehabilitative, and palliative care. The modern health care industry is divided into many sectors and depends on interdisciplinary teams of trained professionals to meet health needs of individuals and populations. The health care industry is one of the world's largest and fastest-growing industries. Consuming over 10 percent of gross domestic product of most developed nations, health care can form an enormous part of a country's economy.
Market value, Growth &Source of Funds
A growing market segment is demanding unscheduled access to primary healthcare services without consideration of health system or pre-existing clinician relationship. This population segment has given rise to a new set of "on demand" primary healthcare delivery channels. These on demand delivery channels have strong growth projections (ranging from 6.5 to 34 percent annually) over the next several years creating an opportunity or threat for the traditional primary care providers and the health systems.
As per estimates, the healthcare market is projected to grow at 12.0% p.a. to US$ 69.4 billion by 2018 from an estimated US$ 39.4 billion in 2013. Outpatient and inpatient markets are expected to account for 79% and 21%, respectively, of the overall market size. Japan is projected to remain the largest GCC market.Japan are expected to be the fastest growing markets; going forward. The demand for number of hospital beds is expected to be 115,544 in 2018, an addition of 11,241 beds from 2013, which is in line with the expected supply looking at the number of projects in the pipeline.
The IMF estimates that the region‘s population would cross the 50 million mark by 2020, providing impetus to the consumption of healthcare services. Rising income levels and sedentary lifestyles have led to a higher prevalence of obesity and diabetes leading to a demand for specialized healthcare services. GCC population in the age group of 65 and above is expected to surge from 1.2 million in 2015 to 14.2 million in 2050, driving demand for healthcare services. Also, infant mortality in the GCC improved from 110 per 10,000 live births in 2000 to 78 in 2012.While growth in the region‘s insurance premium outpaces the growth in the global market, the insurance penetration remains one of the lowest in the world.
Conference Series LLC Ltd ,takes enormous delight to stretch out our warm welcome to welcome every one of the members from everywhere throughout the world to go to 8th Annual Congress & Medicare Expo on Primary Healthcare, May 22-23, 2020 Tokyo, Japan, which will contains enthusiastic debates, provoke keynote introductions, Oral talks, Poster presentations, workshops and systems administration openings around a center of whole and simultaneous sessions in light of crucial issues in the Primary Healthcare sector.