Asia Pacific healthcare market to see robust growth in 2008

Asia Pacific companies are likely to be leaders in the global 2008 healthcare market due to the region's high population growth rates, rising affluence and ageing societies, according to the consulting firm Frost & Sullivan. The revenue for the Asia Pacific healthcare market is likely to grow 6.3 per cent to $889 billion in 2008 as compared to $836 billion in 2007, the Frost and Sullivan data showed. The region will continue to undergo a robust economic growth in 2008, and as a result attract more investments in healthcare infrastructure, said Frost and Sullivan representatives.