Articles

Chinese citizens are leaving their homes in search of the best care available, or care that they desperately need. Some 483,000 people travelled outbound from China for healthcare in 2015. These medical travellers spent USD6.3 billion on treatment and a further USD3.4 billion on travel and accommodation.

22-Feb-17 Embattled Japanese electronics maker Toshiba is selling its 65% stake in medical equipment leasing company Toshiba Medical Finance to Canon for JPY3.14 bn (USD28 mn). It has been selling off lucrative businesses such as its computer-chip operations. [image: Koji Sasahara / AP]

 Insights

20-Feb-17 Raffles Medical Group is ramping up in China and Indochina as strong demand for quality healthcare offer attractive growth opportunities. It is also growing its portfolio of corporate clients with more multinational companies using its medical services outside of Singapore, including Japan, Vietnam and China. It also logged revenue of SGD474 mn, a 15% increase compared with a year ago. [image: Raffles Medical Group / Nikkei Asian Review]

14-Feb-17 Japanese medical device producer Nipro will spend USD300 mn on a new factory in Vietnam, to meet rising domestic and foreign demand. The factory will make catheters and other products for dialysis for sale mainly in Japan and Southeast Asia. Nipro has relied on a Thai subsidiary to produce for these markets but has now decided to increase capacity. [image: Nikkei Asian Review / Nipro]

30-Jan-17 Fujitsu Laboratories has developed and successfully tested mobile app technology that automatically switches healthcare apps and information displayed on a device in response to the situation. The system, by sharing medical information among professionals in multiple roles, improves the quality of medical care and increases efficiency. [image: Fujitsu]