Southeast Asia’s medical and healthcare industry is progressing into a new era. The rising middle class, ageing population and unprecedented growth in healthcare technologies have contributed to the overall growth of the medtech sector. According to PwC, the rapid shift in dollars within the industry is altering the healthcare business.
- Growth in average healthcare spending (2014-18) expected to be 11% of ASEAN’s GDP
- ASEAN’s healthcare market valued at US$100 billion at start of 2017
- Medtech market (in Malaysia, Singapore, Thailand) is valued at US$3.6 billion
- Wearables market to be worth US$25 billion by 2019
Leverage on the brightest prospects at MEDICAL FAIR THAILAND 2017 (6-8 Sept. 2017)- a proven international showcase of key products and cutting-edge solutions for the medical and healthcare sector.
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