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Countries around the world have recognised the need for a robust healthcare system for sustainable growth and development. Recent data shows that the US spends about 17.2% of its GDP on healthcare, while the average spending by Canada, Germany, Australia, the UK, Japan, Sweden, France, the Netherlands, Switzerland and Denmark was around 10.7% of their GDP in 2016.
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.
PETALING JAYA: Top Glove Corp Bhd is the best-performing constituent of the iEdge SG All Healthcare Index, with a 41.4% return on a year-to-date basis.
FROM the year 2000 to 2010, healthcare expenditure in most developed and developing countries has more than doubled. However, there is more room for growth in developing countries as average spending per capita is only a fraction of that in developed nations.
KUALA LUMPUR: Affin Hwang Capital Research has upgraded its call on the healthcare sector to overweight as it upgrades IHH Healthcare to Buy after the 4Q17 results.
PETALING JAYA: Healthcare and affiliated stocks have garnered increased investor attention of late. Reason? Their defensive nature.
KUALA LUMPUR: BP Healthcare Group plans to invest RM50mil in two new specialist centres as it seeks to grow organically and eyes more acquisitions to expand its healthcare network.