Dr Helmut Schuehsler, Chairman and CEO of TVM Capital Healthcare, highlighted healthcare as an “industrial megatrend in the Middle East and North Africa region and other emerging markets including Southeast Asia” at today’s Healthcare Business International event.
Dr Helmut Schuehsler, was invited to speak at Healthcare Business International taking place in Westminster, London 4-5 April 2017. Healthcare Business International is the healthcare industry’s annual conference aimed at senior healthcare leadership and investors, offering a key moment to discuss insights and viewpoints on how the industry landscape is changing across Europe and Emerging Markets.
“I believe that healthcare in emerging markets will offset slower growth in North America and Western Europe,” said Dr Schuehsler. He cited major drivers pertinent to the MENA region as propelling this growth trend: aging and growing population; rising prevalence of chronic diseases; increasing spend; and rising number of high-income households.
He continued: “However, in spite the growing health spending in the GCC, expenditure as a percentage of GDP lags the developed world by a significant margin. Conversely, GCC governments increasingly rely on the private sector to help meet the rising demand for health services, and to help shift the burden of spending on healthcare. This, coupled with the recent introduction in some countries of mandatory health insurance, provokes a significant opportunity as we enter an era of rapid private care growth. It is vital that investors look at business models as well as relationships with government when operating in emerging markets – the companies that are close to the regulatory authorities and remain aligned with the various licensing rules and reimbursement systems are the companies with an edge.”
According to Dr Schuehsler, this event takes place during a time of favorable market conditions and an uptick in investor optimism – healthcare remains the favored sector, and services and providers are considered the most ripe for consolidation. This global macro environment lends itself well to exploring investment opportunities in emerging markets.
TVM Capital Healthcare has a strong track-record of investing in healthcare services and devices that address unmet medical needs. TVM Capital Healthcare builds market leaders, which in turn build sustainable ecosystems in the various geographies where they operate.