Product Code: ETC8853999 | Publication Date: Sep 2024 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Healthcare services in the Philippines are being transformed by increased investment in private healthcare, medical tourism, and public health infrastructure. The countrys demographic trends and rising income levels are encouraging expansion in urban medical facilities, while rural areas are seeing a rise in mobile and telehealth services. Regulatory reforms are also making the sector more investor-friendly.
The Philippines-based healthcare service market is expanding due to a combination of increased government spending, private sector investment, and the rise of health-tech platforms. Telemedicine, outpatient diagnostics, and specialty clinics are emerging strongly, driven by urban demand and the need for accessible, affordable care. The integration of digital health services, such as e-pharmacies and remote consultations, is transforming patient engagement, particularly post-pandemic.
Challenges in this market include unequal access to care, especially in remote areas, and underinvestment in healthcare infrastructure. The public system remains overburdened, while private healthcare is often too expensive for the majority. Theres also a shortage of skilled healthcare professionals and digital infrastructure.
The healthcare service sector in the Philippines is growing due to medical tourism, increased insurance coverage, and digital health platforms. Investment opportunities span hospital chains, diagnostic centers, telehealth startups, and specialized outpatient care. Government incentives for infrastructure expansion make the sector highly promising for foreign and local investors alike.
The broader healthcare services market is overseen by the DOH and PhilHealth under the UHC law, which mandates access to equitable and quality healthcare. Private sector participation is encouraged through Public-Private Partnerships (PPPs), and foreign investment in hospitals and diagnostic centers is permitted under specific guidelines. The BOI grants tax perks to healthcare infrastructure and service expansions.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Value-based Healthcare Service Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Value-based Healthcare Service Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Value-based Healthcare Service Market - Industry Life Cycle |
3.4 Philippines Value-based Healthcare Service Market - Porter's Five Forces |
3.5 Philippines Value-based Healthcare Service Market Revenues & Volume Share, By Models Type, 2021 & 2031F |
3.6 Philippines Value-based Healthcare Service Market Revenues & Volume Share, By Payer Type, 2021 & 2031F |
3.7 Philippines Value-based Healthcare Service Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Philippines Value-based Healthcare Service Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Value-based Healthcare Service Market Trends |
6 Philippines Value-based Healthcare Service Market, By Types |
6.1 Philippines Value-based Healthcare Service Market, By Models Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Value-based Healthcare Service Market Revenues & Volume, By Models Type, 2021- 2031F |
6.1.3 Philippines Value-based Healthcare Service Market Revenues & Volume, By Pay for Performance, 2021- 2031F |
6.1.4 Philippines Value-based Healthcare Service Market Revenues & Volume, By Patient-centered Medical Home, 2021- 2031F |
6.1.5 Philippines Value-based Healthcare Service Market Revenues & Volume, By Shared Savings, 2021- 2031F |
6.1.6 Philippines Value-based Healthcare Service Market Revenues & Volume, By Shared Risk, 2021- 2031F |
6.1.7 Philippines Value-based Healthcare Service Market Revenues & Volume, By Bundled Payment, 2021- 2031F |
6.1.8 Philippines Value-based Healthcare Service Market Revenues & Volume, By Capitation Models, 2021- 2031F |
6.2 Philippines Value-based Healthcare Service Market, By Payer Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Value-based Healthcare Service Market Revenues & Volume, By Medicare and Medicare Advantage, 2021- 2031F |
6.2.3 Philippines Value-based Healthcare Service Market Revenues & Volume, By Medicaid, 2021- 2031F |
6.2.4 Philippines Value-based Healthcare Service Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3 Philippines Value-based Healthcare Service Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Philippines Value-based Healthcare Service Market Revenues & Volume, By Home Health Care, 2021- 2031F |
6.3.3 Philippines Value-based Healthcare Service Market Revenues & Volume, By Institutional Care, 2021- 2031F |
6.3.4 Philippines Value-based Healthcare Service Market Revenues & Volume, By Self-Care, 2021- 2031F |
6.3.5 Philippines Value-based Healthcare Service Market Revenues & Volume, By Hospital Therapy, 2021- 2031F |
7 Philippines Value-based Healthcare Service Market Import-Export Trade Statistics |
7.1 Philippines Value-based Healthcare Service Market Export to Major Countries |
7.2 Philippines Value-based Healthcare Service Market Imports from Major Countries |
8 Philippines Value-based Healthcare Service Market Key Performance Indicators |
9 Philippines Value-based Healthcare Service Market - Opportunity Assessment |
9.1 Philippines Value-based Healthcare Service Market Opportunity Assessment, By Models Type, 2021 & 2031F |
9.2 Philippines Value-based Healthcare Service Market Opportunity Assessment, By Payer Type, 2021 & 2031F |
9.3 Philippines Value-based Healthcare Service Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Philippines Value-based Healthcare Service Market - Competitive Landscape |
10.1 Philippines Value-based Healthcare Service Market Revenue Share, By Companies, 2024 |
10.2 Philippines Value-based Healthcare Service Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |