02-Oct-18, The Edge Markets
The healthcare industry will be one of the top growth sectors in Malaysia, supported by a rising affluent class, a growing upper-middle income population who have better private health insurance coverage, as well as supported by medical tourism, according to AmBank.
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AmBank group chief economist Dr Anthony Dass said rapid development in technology however, presents both challenges and opportunities to industry players, including pharmaceuticals, diagnostics, medical technology manufacturers, digital health vendors and healthcare service providers.
"Thus, healthcare companies need to have a technology strategy," Dass said.