PETALING JAYA: Malaysia’s medical-device market is forecast to record a high-single digit growth over a five-year period, driven by strong government support for the healthcare sector, medical tourism and an ageing population, according to BMI Research, a Fitch Solutions company.
BMI Research said Malaysia’s 2024 health budget will support the medical-devices market growth by focusing on the procurement of medical equipment, upgrading hospitals and clinics and enhancing system capacity.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
