Press release
Philippines Medical Education Market is in Growing Stage, driven by its Quality Education & increasing popularity
Philippines Medical Education is one of the Finest especially in terms of cost of the Course as well as other Medical TrainingThe medical education system in Philippines is highly exclusive & offers a variety of specialized courses such as Anesthesiology, Gynecology, Pediatrician, Surgery, Internal Medicine, Ophthalmology and more. Specialization in Philippines is regarded as residency program as well the fellowship program (Training Programs) for collectively 5 Years. Moreover, there is a dedicated board for each specialization that conducts an exam which is mandatory for every doctor to be qualified as a specialist. When it comes to the overall structure, Philippine's Medical Education System resembles a lot with the American system thereby increasing its popularity. This can be easily understood with the increasing number of Opthalmology & Internal medicine graduates represented in the graph. It is also important to note that when it comes to competition scenario, Philippines has a highly competitive market packed with private universities. As per data, Private Universities hold a major chunk of the market with 81% market share while Public Universities hold 19% of the same.
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Philippines has been a Great Environment to Accommodate Students especially International Aspirants
Philippines has shown a very welcoming environment for the foreign students. Clinical practice requires an intensive training program and hence a good communication can be helpful for both the patient and the doctor. There has been an increase in the initiatives taken by the government to tackle the low doctor to patient ratio. This was majorly seen in the Philippine Health Agenda 2016-2022 that included the prospect of education for most students in rural areas. The other factor that has made the system popular is its flexibility wherein each university can mold its own curriculum based on the approved national schema. Since the country has a low doctor to patient ratio, it brings a great opportunity. Philippines, unlike most European countries, has a lower cost of living which attracts a great deal of foreign students. The cheap cost of living allows them to not only study at an affordable cost but also live comfortably.
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Emigration of Highly Trained Medical Practitioners is a major hurdle in Philippines Healthcare Ecosystem
There is no structure or one way exam to get into residency programs in Philippines. The emigration of highly trained or intelligent medical staff from Philippines to countries like USA, UK, Canada and others is a serious problem for the healthcare system. Moreover, many qualified Filipino medical personnel are recruited to work overseas, leaving the medical industry short-handed. The country has approximately just one physician per 33,000 residents, which is significantly worse than in other countries. There is also lack of support staff including medical technicians and midwifes. Despite the large number of doctors produced annually, many medical and healthcare positions in rural and geographically isolated and disadvantaged areas (GIDAs) remain vacant since work opportunities in the urban setting and abroad appear more attractive and profitable.
For more insights on the market intelligence, refer to below link: -
https://www.kenresearch.com/education-and-recruitment/education/landscape-of-philippines-medical-education-market/464382-99.html
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