DUBLIN, Oct. 27, 2023 /PRNewswire/ — The “Socioeconomic Development: Healthcare Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering.
Despite a subdued economic outlook, 2023 is forecast to remain upbeat for the global healthcare industry, supported by steady emerging market growth, increased post-pandemic health-centric policies, rapidly aging populations in major developed nations, and higher R&D spending.
Rapid technological advancements and digital transformation are improving patient outcomes and last-mile access to healthcare. Amid the inflationary pressures, tighter monetary policy environments, and the need for increasing healthcare preparedness, corporations and governments need to invest in technologies and innovative approaches and initiate policy reforms that boost the sector’s long-term performance.
Given these conditions, the publisher leverages an indexing methodology to track the competitiveness of healthcare markets across the globe annually. The Growth, Innovation, and Leadership Index for Healthcare Attractiveness (GIL-H Index) identifies go-to destinations for healthcare using a robust data-driven approach, whereby countries are evaluated across multiple indicators under the Growth (G), Innovation (I), Leadership (L), and Healthcare (H) pillars.
A robust country ranking framework is vital for companies to gain knowledge of untapped markets into which they can expand, generate more revenue, and scale up operations. With corporates building their footprint globally, governments are tasked with showcasing their country’s ability to attract foreign investment, raise income levels, and create jobs.
This data-driven tool allows healthcare industry participants to build their go-to country pipeline by evaluating size-related indicators (e.g., population and economic growth) and the country’s innovation ecosystem through skilled labor availability, education expenditure, and patent applications. It also analyzes the business environment through logistics efficiency and political stability. The ranking process uses more than 50 indicators.
The 2023 GIL-H Index ranks 117 countries with nominal GDP ($ billion, based on IMF projection for 2019) at or above $20 billion based on their attractiveness. The index generates country rankings, following the assignment of weights to the G, I, L, and H pillars and the specific indicators under them. Selected country profiles highlighting drivers and challenges supplement the data model.
Growth Opportunity Universe
Digital Transformation
Global Rise of Lifestyle Diseases
Universal Health Coverage in Emerging Markets
Localization Opportunities in Emerging Markets
Rapidly Aging Economies
Regional classification:
Africa: 19 countries
Americas: 21 countries
Asia-Pacific: 23 countries
Central Asia: 5 countries
Eastern Europe: 19 countries
Middle East: 13 countries
Western Europe: 17 countries
Key Topics Covered:
1. Strategic Imperatives
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top 3 Strategic Imperatives on the Healthcare and Allied Industries
Growth Opportunities Fuel the Growth Pipeline Engine
2. Global Economic Environment
Global Economic Environment: An Overview
Growth Drivers
Growth Restraints
3. Growth Innovation Leadership Healthcare (GIL-H) Framework and Methodology
The Need for a Country Ranking Framework
Analyst’s Proprietary GIL Framework and Introduction to GIL-H Index
Country Coverage by Region and GDP Bracket
Research Methodology
Using GIL-H Index: A Simple 3-step Process
Indicators Used in the GIL-H Index 2023
4. Results
GIL-H 2023 Results
GIL-H 2023 Results Explained
China
United States
India
Switzerland
Japan
5. Country Case Studies
China
Kingdom of Saudi Arabia (KSA)
Mexico
For more information about this report visit https://www.researchandmarkets.com/r/mthej2
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SOURCE Research and Markets
