PUBLISHER: Inkwood Research | PRODUCT CODE: 1139192
PUBLISHER: Inkwood Research | PRODUCT CODE: 1139192
The Asia-Pacific data exchange in healthcare market is projected to rise with a CAGR of 25.83% over the forecast years of 2022 to 2030. The market growth of the region is augmented by the increasing information technology (IT) skills, as well as outsourcing trends, the digitalization of the healthcare industry, and the surging adoption of cutting-edge digital solutions.
The Asia-Pacific data exchange in healthcare market growth assessment covers the analysis of South Korea, Indonesia, Thailand, Vietnam, China, Japan, India, Australia & New Zealand, and Rest of Asia-Pacific. The COVID-19 pandemic has been a catalyst in terms of fueling the adoption of digitization in India's healthcare industry. Moreover, telemedicine has become a mainstay, as well. The two other areas representing the advent of digitization in the country include the self-assessment of the novel coronavirus symptoms through Arogya Setu, a mobile application launched by the Indian government, as well as the development of solutions to support patients, provide alerts, and monitor vitals.
On the other hand, as per industry statistics, the South Korean healthcare system sustains a population of 51.5 million via a publicly funded national healthcare insurance system predominantly delivered through private healthcare providers. The Ministry of Health and Welfare and the Korea Centers for Disease Control and Prevention manage medical data use systems in South Korea for various purposes. These include early disease detection and the improvement of national medical safety. As a result, these factors are anticipated to augment the Asia-Pacific data exchange in healthcare market growth over the estimated period.
Eminent companies operating in the market include: Longenesis, Snowflake Inc, Amazon Web Services Inc (AWS), etc.