Regions
MAIN/REGIONS
regions/
Regions
  1. Americas
  2. Asia & Oceania
  3. Europe
  4. Middle East & Africa
  1. Solutions
  2. Products
  3. Insights
  4. About
  5. Careers
  6. Contact Us
MAIN/search
MAIN/Solutions
Solutions/
SOLUTIONS
  • Research & Development
  • Real World Evidence
  • Commercialization
  • Safety & Regulatory Compliance
  • Technologies
LIFE SCIENCE SEGMENTS
HEALTHCARE SEGMENTS
THERAPEUTIC AREAS

Impacting People's Lives

"We strive to help improve outcomes and create a healthier, more sustainable world for people everywhere.

LEARN MORE
Harness the power to transform clinical development

Reimagine clinical development by intelligently connecting data, technology, and analytics to optimize your trials. The result? Faster decision making and reduced risk so you can deliver life-changing therapies faster.

Research & Development Overview
Research & Development Quick Links
Real World Evidence. Real Confidence. Real Results.

Generate and disseminate evidence that answers crucial clinical, regulatory and commercial questions, enabling you to drive smarter decisions and meet your stakeholder needs with confidence.

REAL WORLD EVIDENCE OVERVIEW
Real World Evidence Quick Links
See markets more clearly. Opportunities more often.

Elevate commercial models with precision and speed using AI-driven analytics and technology that illuminate hidden insights in data.

COMMERCIALIZATION OVERVIEW
Commercialization Quick Links
Service driven. Tech-enabled. Integrated compliance.

Orchestrate your success across the complete compliance lifecycle with best-in-class services and solutions for safety, regulatory, quality and medical information.

COMPLIANCE OVERVIEW
Safety & Regulatory Compliance Quick Links
Intelligence that transforms life sciences end-to-end.

When your destination is a healthier world, making intelligent connections between data, technology, and services is your roadmap.

TECHNOLOGIES OVERVIEW
Technology Quick Links
MAIN/Products
Products/
CLINICAL PRODUCTS
COMMERCIAL PRODUCTS
COMPLIANCE, SAFETY, REG PRODUCTS
REAL WORLD PRODUCTS

CASE STUDY

"Data in a Day

LEARN MORE
MAIN/Insights
Insights/
BLOGS, WHITE PAPERS & CASE STUDIES

Explore our library of insights, thought leadership, and the latest topics & trends in healthcare.

DISCOVER INSIGHTS
THE IQVIA INSTITUTE

An in-depth exploration of the global healthcare ecosystem with timely research, insightful analysis, and scientific expertise.

SEE LATEST REPORTS

INSTITUTE REPORT

"Global Trends in R&D 2024

READ MORE

EMEA Insights

"IQVIA thought leadership with a focus on EMEA.

Learn more

WHITE PAPER

"DCTs Deliver Big ROI

LEARN MORE

WHITE PAPER

"Capturing value at scale: The $4 billion RWE imperative

LEARN MORE
MAIN/About
About/
FEATURED INNOVATIONS
  • IQVIA Connected Intelligence™
  • IQVIA Healthcare-grade AI™
  • Human Data Science Cloud
  • IQVIA Innovation Hub
  • Decentralized Trials
  • Patient Experience powered by Apple
WHO WE ARE
NEWS & RESOURCES

INVESTOR RELATIONS

"Visit our investor relations site for more information.

LEARN MORE
Unlock your potential to drive healthcare forward

By making intelligent connections between your needs, our capabilities, and the healthcare ecosystem, we can help you be more agile, accelerate results, and improve patient outcomes.

LEARN MORE
IQVIA AI is Healthcare-grade AI

Building on a rich history of developing AI for healthcare, IQVIA AI connects the right data, technology, and expertise to address the unique needs of healthcare. It's what we call Healthcare-grade AI.

LEARN MORE
Your healthcare data deserves more than just a cloud.

The IQVIA Human Data Science Cloud is our unique capability designed to enable healthcare-grade analytics, tools, and data management solutions to deliver fit-for-purpose global data at scale.

LEARN MORE
Innovations make an impact when bold ideas meet powerful partnerships

The IQVIA Innovation Hub connects start-ups with the extensive IQVIA network of assets, resources, clients, and partners. Together, we can help lead the future of healthcare with the extensive IQVIA network of assets, resources, clients, and partners.

LEARN MORE
Proven, faster DCT solutions

IQVIA Decentralized Trials deliver purpose-built clinical services and technologies that engage the right patients wherever they are. Our hybrid and fully virtual solutions have been used more than any others.

LEARN MORE
IQVIA Patient Experience Solutions powered by Apple

Empowering patients to personalize their healthcare and connecting them to caregivers has the potential to change the care delivery paradigm. IQVIA and Apple are collaborating to bring this exciting future of personalized care directly to devices patients already have and use.

LEARN MORE
MAIN/Careers
Careers/
WORKING AT IQVIA

Our mission is to accelerate innovation for a healthier world. Together, we can solve customer challenges and improve patient lives.

LEARN MORE
LIFE AT IQVIA

Careers, culture and everything in between. Find out what’s going on right here, right now.

LEARN MORE

WE’RE HIRING

"Improving human health requires brave thinkers who are willing to explore new ideas and build on successes. Unleash your potential with us.

SEARCH JOBS
MAIN/Contact Us
Contact Us/
Blog
Healthcare Investment in Asia: Who, What, Where and Why?
Jude Uzonwanne, Principal, Consulting Services, Asia Pacific
May 15, 2018
  • Blogs
  • Healthcare Investment in Asia: Who, What, Where and Why?

The Asia Pacific healthcare deal market is vibrant. Deal flow climbed to about 770 in 2017, up 74 percent from 442 the previous year, according to S&P Capital IQ data. Deal value increased to a net of USD$32 billion in 2017 (accounting for closed and cancelled deals) up from net $9.1 billion in 2016. Thus far 2018 appears on track to be another record-setting year.

Beyond the headline-grabbing numbers, what can we learn from the transactions market?  Here are a few observations:

  • Buyers: In recent years private equity investors have emerged as important players in the transaction landscape, for example KKR’s purchase of Laser One. However, most transactions still involve corporate buyers. Private equity tends to focus on Japan and Australia while family owned companies and conglomerates dominate Southeast Asian markets. China remains a hybrid PE and corporate market, especially in the hospitals segment.
  • Deal Theme: Investment themes are migrating from pursuing standalone opportunities to creating platform-shaping transactions, such as hospital networks; diagnostics centers; dental clinics; and cancer treatment centers. A recent example:  C&C Incubator’s Qingdao Meinian Health Technology deal designed to build scale and achieve regional consolidation in the healthcare record-management software market.
  • Targeted Asset Mix: Hospital, pharmacy and service-related transactions have become the most attractive assets. What began as a subtle shift a few years ago and is now a norm: Asia investors are targeting healthcare services rather than molecules. As demographic shifts occur across Asia, expect to see more deals focused at the extreme ends of the life spectrum, for example fertility clinics at one end and home nursing and elder care transactions (such as Keihan Life Support) at the other.
  • Transaction Size: The average deal size is getting smaller at USD$56 million over the past 12 months versus USD$67 million for the prior three-year period.  This is because of the recent focus on rollups of multiple smaller companies instead of pursuing large single transactions.
  • Geography: Traditionally, investors focused on building a competitive position within a few country markets, e.g. Japan, Korea and Australia.  As investor capability, knowledge of regional competitive dynamics, patient needs and healthcare provider behavior has increased, confidence in structuring cross-border deals has grown, driven by operating model fungibility.

Looking forward, we anticipate that in 2018-2023 deal flow will continue to increase as more investors enter Asia’s health markets.  Growth drivers include expanding household income; more public-sector spending; the infusion of IT services into care models; and aging populations.

For new or existing investors, the key questions are where to participate and how to win. A range of opportunities exist in analytics, solutions, support and systems (laboratory services, micro-hospitals, retail pharmacies, visiting nurses, hospital outsourcing, etc.). Given the plethora of shiny opportunities, investors need to carefully consider their overall strategy and dig deep in due diligence. Not all that glitters is gold.

Contributor:

  • Shriharsha Sarkar
    Principal, Consulting Services Asia
Contact Us