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Malaysia to generate USD725 mn healthcare revenue by 2020

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 Insights

30-Mar-18  Malaysia expects to generate hospital revenue of MYR2.8 bn (USD725 mn) by 2020, with target markets in Indonesia, Myanmar, China and Vietnam. In 2017 hospital revenue from one million healthcare travellers was was MYR1.3 bn (USD337 mn). [image: New Straits Times]

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Hospitals in Korea not very interested in IBM's Watson

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 Insights

30-Mar-18 It has been found that the five largest hospitals in Korea – Samsung Seoul, Seoul National University, Seoul Asan, Seoul St Mary's, and Severance – are lukewarm about IBM’s medical AI solutions Watson for Oncology and Watson for Genomics. [image: Business Korea]

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Toshiba wins first non-Japanese order for cancer care system

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 Insights

30-Mar-18 Toshiba will supply a new cancer treatment system that uses beams of heavy particles, to a prominent Korean hospital, taking the first step toward the goal of cultivating international markets.The equipment is expected to cost USD141 mn. [image: Nikkei Asian Review]

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Korea enhances healthcare cooperation with UAE, Bahrain

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 Insights

27-Mar-18 A delegation of Korean health authorities has visited the UAE and Bahrain to solidify cooperation with the Middle East. The delegation included officials from the Korean Health Industry Development Institute and Health Insurance Review & Assessment Service. [image: Korea Biomedical Review]

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