Healthcare
GenAI drives efficiency in healthcare data infrastructure development
GenAI drives efficiency in healthcare data infrastructure development
                                                                                                 
                        
                          The technology addresses challenges in building an effective data ecosystem.
                    
                                        
                    
                UTI testing market projected to increase at 6% CAGR until 2030
                                                                                                 
                        
                          The market is expected to reach $893m within the forecast period.
                    
                                        
                    
                Global clinical microbiology market to reach $6.9b by 2029
                                                                                                 
                        
                          Market expansion is projected to record a 6.5% CAGR within the forecast period.
                    
                                        
                    
                Australia to invest $951m in Cairns and Hinterland Health and Hospital Service
                                                                                                 
                        
                          This includes an initial $40m (A$60m) towards the Cairns Health and Innovation Centre.
                    
                                        
                    
                Singapore contributes $17.7m to WHO’s inaugural investment round
                                                                                                 
                        
                          The Ministry of Health emphasises prioritising health emergency preparedness.
                    
                                        
                    
                South Korea strengthens health cooperation with APAC
                                                                                                 
                        
                          The country reaffirmed its partnerships with Japan, Australia, and Indonesia.
                    
                                        
                    
                IHH Healthcare net profit down by 45% to $163m in Q1
                                                                                                 
                        
                          Lower PATMI is due to a high base in the corresponding quarter of the previous year.
                    
                                        
                    
                Robotic radiotherapy market projects 12% CAGR until 2031
                                                                                                 
                        
                          The market is estimated to reach $2.9b within the forecast period.
                    
                                        
                    
                Lung cancer therapeutics market to grow by $10.52b until 2028
                                                                                                 
                        
                          The targeted therapy segment is projected to witness significant market share growth within the forecast period.
                    
                                        
                    
                The Prince Charles Hospital adopts electronic tool for delirium diagnosis
                                                                                                 
                        
                          The tech features an algorithm to aid clinicians in determining likely causes of delirium.
                    
                                        
                    
                TVM Capital closes Healthcare Afiyah fund at $250m
                                                                                                 
                        
                          The fund’s first investments include Baraya Extended Care, DEBx Medical, and the neurocare Group.
                    
                                        
                    
                IHH Healthcare chairman Tan Sri Azlan retires from BOD
                                                                                                 
                        
                          He was initially appointed Khazanah’s representative on the Board of Parkway Holdings Limited in 2009.
                    
                                        
                    
                Apollo Hospitals Indore adopts CORI surgery system for arthroplasty
                                                                                                 
                        
                          The system’s features include image-free smart mapping, real-time planning, and precision milling.
                    
                                        
                    
                Australia to begin construction of new regional hospital in June
                                                                                                 
                        
                          The $173.4m (A$260m) facility is set to deliver healthcare services for the Eurobodalla Shire community.
                    
                                        
                    
                Assisted reproductive technology market to grow at 5.79% CAGR until 2027
                                                                                                 
                        
                          The fertility clinic segment is projected to witness notable market share growth within the period.
                    
                                        
                    
                Stem cell therapy market poised for $11.65b growth by 2027
                                                                                                 
                        
                          The cancer segment is expected to witness notable market share growth within the forecast period.
                    
                                        
                    
                Australia to establish Northern Heart Centre in Tasmania
                                                                                                 
                        
                          The $80m (A$120m) centre will include a second catheterisation lab and a dedicated cardiology ward.