Ageing population, tourism a boon for healthcare


Philip Capital Research believes healthcare providers are “well-positioned to weather the negative impact of margin contraction in an inflationary environment”.

PETALING JAYA: Malaysia’s expanding medical-tourism industry, supported by higher foreign arrivals to the country as well as the higher allocation to the Health Ministry under Budget 2025, is expected to fuel growth in the healthcare industry .

According to Philip Capital Research, resilience of healthcare businesses’ earnings continues to be driven by an ageing population with better awareness of healthcare issues that in turn, fuels demand for healthcare services and products.

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