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Korean government selects new investment projects in medtech and biotech

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06-Oct-14 Korea's Ministry of Science, ICT and Future Planning (MSIP) has selected 15 projects for investment including three in medical technology and 12 in the bio-health area. These include mobile heart rate monitoring devices, smart wheelchairs, a method to diagnose Internet and game addiction, and body-friendly bio-implants.

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Opportunities for healthcare with 150m more over-40s in China's cities by 2024

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02-Oct-14 China's ageing population, the age profile of rural-to-urban migrants and increasing affluence all mean that urban 40-64 year-olds earning over USD20k are the fastest growing population segment. There are currently 98 million and this will more than double to 236 million by 2024, implying a big rise in demand for healthcare and wellness. [image: Global Demographics]

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Korean medical equipment manufacturers under heavy pressure

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02-Oct-14 Korean medical appliance manufacturers could be sandwiched between global leaders and their Japanese and Chinese counterparts. GE, Philips, and Siemens are expanding their business by aggressive investment and Japanese companies' technological strength is likely to be redoubled with assistance from the Japanese government. All this has created an entry barrier for Korean companies. [image: University of Bristol]

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WeChat follows Alibaba into China's hospital payment market

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03-Sep-14 Hot on the tail of Alibaba's Taobao being accepted for payment in some hospitals in China, Tencent has addressed a major barrier to adoption by allowing patients to pay for hospital services in Guangdong with its WeChat system, and crucially, integrating with the government health insurance system which automatically picks up the eligible portion of the bill. [image: SCMP]

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Southeast Asia’s health app explosion

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30-Sep-14 As more people gain access to connected devices, entrepreneurs and organisations across Southeast Asia see potential to speed improvements in healthcare with new web and mobile applications such as Ring.MD in Singapore, Dokita in Indonesia and mClinica in the Philippines. [image: Techonomy]

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