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Pestle Analysis Of Healthcare Industry

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Contents Contents 2 Company Introduction of National Healthcare Group Pte Ltd (NHG) 3 PESTEL Analysis of National Healthcare Group Pte Ltd 3 1.Political factors 3 2.Economic factors 4 3.Social factors 4 4.Technological factors 4 5.Environmental factors 5 6.Legal factors 5 Porter’s 5 Forces of National Healthcare Group 5 1.New Entrants (High Pressure) 5 2.Threat of Substitute (Medium to High Pressure) 6 3.Suppliers (Medium to Low Pressure) 6 4.Customers (Low Pressure) 6 5.Intensity of Rivalry (Medium Pressure) 7 Conclusion of PESTEL and Porter’s Five Forces Analysis on National Healthcare Group 8 References 9 Company Introduction of National Healthcare Group Pte Ltd (NHG) National Healthcare Group Pte …show more content…

One of their successful inventions is “miHealthCare”app, a one-stop mobile app that gathers all information about public hospitals and polyclinics. Till date, it has been used by more than 6,000 patients to manage their medical appointments since December 2013 in NHG Polyclinics (Chew, 2014). 5. Environmental factors As one of the highly-developed country, Singapore is threatened by rampant urbanization and ageing population. Noises from the busy expressway, exhaust fumes from factories and motor vehicles, light pollution from office buildings, are not only accelerating the global warming but also causing chronic diseases such as asthma depression, hypertension and etc. NHG has set up the Chronic Disease Management unit in year 2000, to help the patients have better control or prevention to the chronic diseases and management programs for them (NHG Chronic Diseases Management, 2012). 6. Legal factors The supportive government policies have made Singapore ranked as the best environment to do business not only in Asia Pacific but also in the world (Facts and Rankings, 2014). Under the sophisticated and strong intellectual property (IP) protection laws, the Intellectual Property Office of Singapore (IPOS) under Ministry of Law, the IP is

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