Health Care Industry Research and Market Reports-Ken Research

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Philippines Healthcare Industry to Flourish with
Government Initiatives-Ken Research
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According to Health Care Industry Analysis,
Philippines healthcare sector is witnessing
growth and adjustment as the government is aiming
to provide universal healthcare in the public and
the private health sectors. Most of the
pharmaceutical companies are also modifying their
systems according to the governmental, regulatory
and public awareness. Filipinos healthcare has
witnessed a dramatic improvement over the years
in many categories such as infant mortality,
communicable diseases falling and life expectancy
cases. Maternal mortality is still at a high rate
due to incidents such as tuberculosis. Earlier
tuberculosis cases were high and there was a
threat of multiple-drug-resistant. Philippines
healthcare sector along with the government has
focused on maternal, neonatal, child health
programs and tuberculosis. Over the past 50
years, incidents of non-communicable diseases
(NCDs) have steadily increased and rate of
communicable diseases has fallen. All the
prevailing communicable diseases in Philippines
accounts for the causes of morbidity, while
non-communicable diseases are leading causes of
mortality. Philippines has very limited medical
resources and is focusing on improving to provide
universal healthcare, poverty reduction and
sustainable medical education over the next few
years. Philippines possesses a dominant and large
private healthcare sector compared to the public
healthcare sector. Despite the governments
effort to reform the healthcare regulations,
financial conditions and inequalities in the
country, the healthcare sector is highly
fragmented and less quality services. The
government has provided access to quality
medicines because it is a fundamental human right
to health and has established five foundations
for the use and manufacture of pharmaceuticals in
the Philippines.
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These medicines are safety, efficacy and quality
affordable and available used as rational drug
accountability and good governance and supports
healthcare systems. An ageing population,
urbanisation, and increase in middle class have
led to an increasing demand for quality
healthcare services. There is a huge gap in the
Philippines' healthcare delivery system and
abundant opportunities are available for domestic
and international players to invest in the
countrys healthcare sector. Philippines
government has implemented a policy to protect
public health by supplying affordable quality
drugs and medicines to the population. This has
encouraged the market for generic pharmaceuticals
and consumers have a choice of drugs to purchase.
Majority of the consumers are opting for generic
medicines because they save much money.
Philippines healthcare sector comprises of a huge
number of healthcare workers such as medical
professionals, nurses, midwives and medical
technologists. Majority of the healthcare workers
are concentrated in the urban areas compared to
the rural areas. Quality healthcare is an issue
at public healthcare facilities across
Philippines. Health Care Industry Research and
Market Reports provides solution of Financial
funding, infrastructure, facilities, technology,
patient safety, support services, and public
facilities often struggle to meet the patients
demands compare to the other countries. To
overcome these issues almost all the public
healthcare centres are partnered with the private
healthcare centres to improve the medical
facilities and conditions in the public health
facilities.
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Public-private partnerships (PPPs) encourage
healthcare developments in terms of technology
transfer, training, funding and optimising
operational efficiencies. Medical tourism in
Philippines is still under-marketed and
undeveloped. The country is undeveloped in many
sectors such as transport, poor air connections,
costly airfares and poor transport infrastructure
which reflect on Philippines health tourism
market. Universal health insurance coverage is
provided for almost 80 of the citizens in
Philippines. It is single-payer insurance,
premium-based and has a universal coverage.
Universal medical insurance coverage needs more
attention and government coordination. To promote
medical tourism, the department of health in
Philippines needs to be more dedicated towards
the healthcare system within the country.
Philippines population are witnessing a huge
financial burden on healthcare. With the
coordination of government and foreign
investment, the healthcare sector can build on
its strengths to provide the best healthcare in
South-East Asia. To know more, click on the link
below https//www.kenresearch.com/healthcare/91/A
ll.html   Related Report https//www.kenresearch.
com/healthcare/general-healthcare/philippines-hosp
itals-market-report/105284-91.html
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