Healthcare market entry services for potential expansion into Asia are vital given the complex local regulations and requirements that exist. While health, pharmaceuticals, medical devices and related opportunities are massive and predicted to grow, overseas companies must conduct thorough research.

Many countries are open to foreign investment in the industry. However, firms are expected to follow all the rules. A market entry services firm, such as Asian Insiders, can guide you through the entire process, helping you avoid problems and set you on the path toward long-term, sustainable success.

Why Asia?

Healthcare has become a major industry throughout Asia. Some countries are looking to provide care for aging populations. Others hope to improve quality and accessibility. Opportunities come in the form of investing in domestic production or utilising local OEM manufacturers as well as exporting to various markets.  

Current growth projections for the Asian pharmaceuticals market would see its total value surpass USD300 billion by the decade’s end.

It is a similar story in the medical devices sector, where Asia is the fastest-growing region globally. The sales value of medical devices here is estimated to reach USD225 billion in 2030, up from USD153 billion in 2023.

Another interesting health trend is medical tourism. Countries known as holiday destinations are tapping into various health and wellness activities. Currently, foreign providers and service companies are sought after to maintain market share and attract new patients.   

The value of healthcare market entry services when considering Asia

Healthcare market entry services for companies exploring Asia are advisable for a few different reasons. Firstly, countries have their own unique regulations for foreign firms, and decoding these without local assistance can be problematic.

Working with a local partner can empower you with insights on the market to determine the best entrance strategy. They will also introduce you to key entities, including sales channel development, to ensure optimal results.  

Asian Insiders is ready to assist

Entering the Asian healthcare segment presents an opportunity to tap into expansive growth prospects. These can only be accessed if you’re able to navigate the complexities of this dynamic market.

Asian Insiders’ network of partners has unmatched experience in all aspects of the healthcare sector and will help your business reach new heights.