Demand for medical care set to grow in 2024


The prospects of private healthcare will continue to be underpinned by rising affluence and an ageing population, Kenanga Research said.

PETALING JAYA: The demand for private healthcare will continue to gain traction in 2024 with the growing patient throughput and higher yields from a case-mix with more acute cases, says Kenanga Research.

The sector will be aided by better operational efficiencies, cost optimisation and overhead absorption with a gradual ramp-up of new beds, besides robust sales of pharmaceuticals and over-the-counter (OTC) drugs backed by increased health awareness, the research house added.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Vance says US-Iran talks have failed, no agreement reached
The dark truth about GRRs
The little giants of property development
Malaysia’s urban squeeze
Ringgit may breach 3.95 next week on Middle East ceasefire optimism
Tokens lure top AI talent
AI rewrites Bollywood’s script
Treasuries face war cost test
Don’t bend lending rules for power boom
Staying rational in volatile times

Others Also Read