Fitch Solutions
Fitch Solutions provides crucial intelligence to help its clients understand and interpret markets, so they can protect their organisations’ interests and help to grow profitability.
Malaysia’s medical device market to reach $3.6b by 2028
Malaysia’s medical device market to reach $3.6b by 2028
The country’s focus on healthcare and medical tourism contributes to market growth.
Qatar healthcare spending to grow 5.2% in 5 years: report
The government allocated 11% of its budget to the healthcare sector.
Singapore’s medical market devices to reach $1.2b by 2028
The government is increasing support for its healthcare system and ageing population.
Malaysia’s medical devices market expected to grow 8.5% CAGR from 2023 to 2028
The Ministry of Health saw a 12.6% YoY growth in budget in 2024.
Bahrain medical devices market to grow by 5.8% CAGR from 2022-2027
There is a downward revision due to slow economic growth.
Gov’t perks seen driving Malaysia’s local medicine production
Price controls, however, may hurt foreign investments.
Vietnam hospitals free from tedious procurement bidding
The government imposed a new regulation that will get rid of bidding and give hospitals more flexibility to access products at reasonable prices.
Outlook uncertain for India’s generic drug makers: Fitch
The country is expected to retain its position as ‘pharmacy of the world’ despite challenges.
SG medical device market to generate a CAGR of 7.4% from 2022-2027
The market will reach $1.4b (USD1.1b) by 2027.
Slow GDP growth in UAE to hit medical device market
The medical device market will be constrained by the slowdown in economic growth.
Malaysia’s healthcare spending to see 7.7% rise in five years: Fitch
Reforms are also eyed to ensure sustainable financing in the long run.
Private sector spending seen driving UAE’s healthcare system
The private sector is playing an increasingly important role in the country’s healthcare system.
Ageing population, tech drive Japan’s medical device market
The country is already home to the highest senior population ratio in the world.
Singapore health costs to decline this year but still higher than 2019: Fitch
Health expenditure declined from $17.b in 2022.
Foreign players to play key role in China's cardiovascular disease approach
The country is heavily reliant on foreign players in CVD management.
India eyes database on drug formulations in the country
This will help address issues on the quality of drugs in the market, Fitch Solutions said.
Healthcare budget boost to beef up Australia’s pharma sector
The allocation is expected to help reduce the pressure on the hospital system.
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The trade show, which was held in Singapore, successfully brought together over 13,000 visionary digital health innovators, government leaders, and industry pioneers from the medical and healthcare sectors.
