Archives

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Asian Diabetes Markets

Of the worlds 371 million people diagnosed with diabetes, nearly 200 million live in Asia. According to the International Diabetes Federation (IDF), those numbers are set to climb dramatically. By 2030, it is estimated that 522 million people worldwide will have diabetes,... Read More

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Asian Cancer Markets

Rates of cancer have risen dramatically in Asia, where more than six million people are diagnosed with the disease every year. That number now accounts for 50 percent of new global cases. According to the World Health Organization (WHO), the occurrence of... Read More

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China’s Changing Hospital Market

By the end of 2012, China had more than 22,000 hospitals. In comparison, the US had just 5,700. Apart from hospitals, China has a vast network of medical institutions, including clinics and rural community health centers. Their numbers are rising quickly --... Read More

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Singapore’s Healthcare Market 2013

The tiny island nation of Singapore is very rich, with an average per capita income of $60,000 in 2012. With a 2011 GDP of $260 billion, the Singaporean economy is bigger than that of Portugal, Israel and Ireland -- even with a... Read More

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The Philippines Medical Device Market 2013

The Filipino medical device market is worth more than $300 million, and it is set to grow at 9 percent over the next few years. Growth will be driven by increasing healthcare expenditures, medical tourism and a growing private sector. Demand will... Read More

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Vietnam’s Medical Device Market 2013

Vietnam's 2012 GDP growth rate was about 5 percent, down from 7 percent in 2010. But its economy is still very strong compared to the West, where growth rates have ranged from 0 to 2 percent. Vietnam's medical device market is expanding... Read More

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Thailand Medical Device Update 2013

Thailand's medical device market was worth more than $850 million in 2012 and is set to expand at 7.5 percent annually over the next several years. The medical device market in Thailand continues to boast strong economic growth, even in the face... Read More

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Malaysia Medical Device Market Update

Malaysia might not be the first country that comes to mind when medical device manufacturers want to export their products to Asia. However, the nation of 28.8 million has a medical device market of more than $1 billion, which is expected to... Read More