Insights

10-Mar-17 Indonesia is likely the largest outbound medical travel market, according to Josef Woodman of Patients Beyond Borders. “Indonesia’s healthcare infrastructure is generally poor and about 1.5 to 2 mn Indonesian medical travelers go to Southeast Asia or Australia,” he said. China is also one of the largest medical tourism markets as many Chinese travelers look for better healthcare. [image: Skift]

09-Mar-17 Chinese company BOE has invested USD50 mn in Israeli company Cnoga Medical. BOE is a Chinese laboratory equipment company that wants to establish itself as a leader in the medical sector. Cnoga has developed a series of devices for non-invasive measurement of a range of health parameters through optical diagnosis of the changing color shades of a finger. [image: Globes]

09-Mar-17 With 9,000 workers needed over the next three years, the Ministry of Health (MOH) will invest an additional SGD24 mn to attract more Singaporeans, in particular mid-career professionals, to take up a job in healthcare. Among the 9,000 needed, about half are Professional, Manager, Executive and Technician (PMET) roles such as nurses, therapists, administrative executives and operations managers. [image: SGH]

07-Mar-17 In 2016, the most people from CIS countries looking for treatment abroad were from Russia, Ukraine and Kazakhstan. The Russian Federation and Belarus hold 57% of the total CIS market, with similar preferred destinations. Both countries preferred Germany and Israel for treatment in 2016. Most patients going abroad went for oncology, orthopaedic, neurosurgery and ophthalmology treatment. [image: IMTJ]

07-Mar-17 Singapore-based EDBI and Royal Philips aim to accelerate their joint investment alliance and partner with more innovative companies in the digital health sector. This ambition is in line with Singapore’s latest focus to strengthen its position as a leading digital health hub. CXA Group, the employee benefits and wellness marketplace platform, is the first to receive funding from the alliance. [image: Singapore Business Review]