Philips confident on Asia growth in healthcare push

 29-Aug-17, The Nation

Caroline Clarke, CEO for Philips Asean Pacific, says APAC has a fast-growing healthcare market, and is therefore a critical region for Philips’ personal health and health systems businesses. With an ageing population, growing middle class and increasing rates of chronic diseases, the region is facing unprecedented challenges.

Image: The Nation

The recent Future Health Index study, commissioned by Philips, found that although people in Asia are aware of the benefits of 'connected care technologies' – such as health-related trackers, wearables, home health monitoring devices, live electronic communication between patients and doctors and remote patient monitoring – there is still a lack of understanding about how and why to use them.

"We see a big opportunity to address these issues, and improve access to, and quality of, healthcare across the region," said Caroline Clarke, adding that APAC is a priority market for Philips to cementits position as a world leader in healthcare technology.

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