Malaysia's healthcare market to reach RM127.9b by 2027, says Fitch Research


KUALA LUMPUR: Malaysia's healthcare market is expected to grow by 127% to RM127.9bil in 2027 from the RM56.3bil in 2017 as the government pushes ahead with higher public healthcare expenditure, says Fitch Solutions Macro Research.

The research house said on Tuesday the 2019 Budget had proposed an increase in public healthcare expenditure, and this would see the government continuing to push forward with fundamental healthcare initiatives which would be positive for the healthcare market.

During the unveiling of the Budget on Nov 2,  the government proposed a larger budget of RM314.6bil for 2019, an increase of 8.3% from 2018 ’s revised figure of RM290.4bil.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Bursa Malaysia reprimands, fines former executive director of Advance Information Marketing
Inta Bina gets RM199mil apartment job
NTTD Japan to acquire 58.73% stake in GHL Systems, extends RM1.08/share takeover offer
CCK enters into binding term sheet with Creador
Berjaya Mutual targets RM5bil AUM by 2026
Pesona Metro secures RM410.5mil M&E contract
Takaful Malaysia 1Q24 net profit rises to RM102.29mil
Ringgit rebounds to end firmer against US dollar
DC Healthcare optimistic about growth prospects
AirAsia X posts RM80.1mil net profit in 1Q

Others Also Read