US healthcare firms find opportunities in the Philippines' growing market

mb.com.ph

The Philippines' growing healthcare sector presents significant export opportunities for US firms, particularly in health information technology. Demand for advanced medical technologies and diagnostic equipment is high, with the US holding a 12.3% market share of imported medical devices. Opportunities exist for high-value equipment and electronic medical records systems, especially in rural areas. US companies can also explore public-private partnerships and should consider local distributors for market entry and competitive pricing due to high out-of-pocket healthcare expenses.


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US healthcare firms find opportunities in the Philippines' growing market | News Minimalist