Healthcare: Outlook & Trends

  • Business
  • Saturday, 28 Dec 2019

NUMEROUS factors are pushing the growth of the healthcare sector, from aging and growing populations, greater prevalence of chronic diseases to technological advancement.

These will continue to see a rise in healthcare demand and expenditures, says Deloitte in its 2020 global healthcare outlook.

Region wise, Asia is seen as the new centre of growth for healthcare as many economies have a relatively underdeveloped healthcare system.

For Malaysia, next year is also Malaysia Year of Healthcaretravel 2020 (MYHT)- launched in conjunction with the national Visit Malaysia 2020 campaign.

The MYHT campaign seeks to promote and solidify Malaysia’s position as a medical tourist destination in the region, boding well for listed operators like IHH Healthcare Bhd and KPJ Healthcare Bhd.

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