Closing the commitment gap in ASEAN’s healthcare
Healthcare spending is growing rapidly in ASEAN, giving rise to numerous opportunities for medical services providers, pharmaceutical companies, health insurers and other companies involved in healthcare.
Regional cooperation in the healthcare sector is necessary from a socioeconomic perspective due to the disparities of the domestic healthcare sectors, as well as the increase of highly infectious diseases. Healthcare integration has achieved some milestones, such as eliminating tariff rates for healthcare goods and the signing of mutual recognition agreements (MRAs). Further integration however faces several barriers, including policy barriers such as foreign equity restrictions and regulatory gaps.
- Wide disparities between countries, in terms of the quality, accessibility and affordability in healthcare across the region.
- Talent issues like disparity in range of competencies and capabilities, varying education standards results in different skills base.
- Sociocultural issues like limited buying-in by industry stakeholders.
- Language barrier to relate to patients and professionals for ASEAN
- Enhanced the public private cooperation in healthcare
- Create business platform to bridge the gap between medical society and industry society as well as domestic business and regional and international business.
Sector Chair M.Shanti Shamdasani, Regional Director – Governtment & Policy Affairs, Johnson & Johnson Southeast Asia
- Datin Paduka Siti Sa’diah, Director, KPJ Healthcare
- Dr. Roger P.Tong-An, Chief Executive Officer President , Kidar Realty Corp & Phillipines Nurses Association
- Dr.H. Krishna Kumar President, Malaysian Malaysia Association
- Kazumi Nishikawa. Special Advisor to the Minister, Ministry of Economy, Trade and Industry, Japan
- Sherene Azura, Chief Executive Officer, Malaysian Healthcare Travel Council
Research Partner Rhenu Buller, Senior Vice President, Healthcare, Frost & Sullivan Nitin Dixit, Industry Manager, Healthcare, Frost & Sullivan, Asia Pacific