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Malaysia's medtech industry to generate USD2.7 bn

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02-Aug-16 Malaysia’s medical devices sector is expected to contribute MYR11 bn (USD2.7 bn) in exports in 2016, with revenue from the health tourism and pharmaceutical sectors expected to reach MYR1 bn (USD248 mn) and MYR800 mn (USD199 mn) respectively. Malaysia is the largest surgical gloves manufacturer in the world and also makes beds, dental chairs and orthopaedic implants. [image: Free Malaysia Today]

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Malaysian healthcare growth driven by demographics

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05-Jul-16 Malaysian inpatient admissions appear finally to have turned around in the first quarter of 2016 after three consecutive quarters of decline, with IHH Healthcare Bhd up 10% year-on-year and KPJ Healthcare Bhd up 4%. The turnaround suggests that the drag on healthcare business volume from the implementation of the goods and services tax has finally worn off. [image: Bloomberg / Affin Hwang forecasts]

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Malaysia warned high health expenses can cause catastrophe

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02-Jun-16 Over a third of Malaysians are directly paying for medical services despite universal health care, an excessive figure that can lead to financial catastrophe, the Health Minister said. He said Malaysians' out-of-pocket payments were approximately 35% of the country's overall health expenditure. [image: The Malay Mail Online]

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Personal genomics revolution comes to Southeast Asia

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31-May-16 Singapore-based Imagene Labs and New York-based LifeNome Inc have announced a partnership to bring genomic personalization to Southeast Asia. The partnership will leverage on the genetics testing facilities of Imagene Labs together with the proprietary bioinformatics platform of LifeNome, to provide consumers in the region with personalized guidance on nutrition, fitness, skincare and other wellness topics. [image: Pulse / LinkedIn]

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Meeting Malaysia's healthcare needs

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28-Apr-16 Foreigners continue to flock to Malaysia for treatment, attracted by competent medical personnel and high quality facilities, and lead by Indonesians who make up 62% of Malaysia's medical tourists. The country generated MYR587 mn (USD150 mn) in healthcare travel revenue in Jan-Sep 2015. But the reality is many Malaysians, especially in rural areas, still lack access to quality healthcare. [image: Soft Adventure Tourism]

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