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China - uncovering the wealth in wellness

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 Insights

17-May-19 China’s outbound travel will have the biggest impact on the global wellness market. Global Growth Markets estimates there will be 900,000 outbound medical tourists from China by 2020, looking for minor treatments such as cosmetic surgery and health checks. [image: Global Wellness Summit]

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Hospitals up for takeover after scandal at Abraaj

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 Insights

13-May-19 US private equity group TPG will take over and manage Abraaj’s USD1 bn healthcare fund, offering relief for Kenyan medical outlets into which the fund had pumped billions of shillings. Abraaj’s Kenyan portfolio includes 18 clinics and 10 hospitals. [image: NMG]

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US medtech firm opens instrument manufacturing facility in Singapore

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 Insights

03-May-19 PerkinElmer, an American medtech company, has opened its newest life science lab instruments and diagnostics manufacturing facility at the JTC MedTech Hub in Singapore. The facility is the company's largest instrument manufacturing facility globally. [image: Perkinelmer / The Straits Times]

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Egypt to introduce new comprehensive health insurance

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 Insights

22-Apr-19 Egypt will begin a rollout of its new comprehensive health insurance system in July 2019, to be rolled out over a 15-year period. the World Bank pledged USD530 million to a five-year initiative aimed at improving healthcare standards. [image: Reuters / Mohamed Abd El Ghany]

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