KUALA LUMPUR: BMI, a Fitch Solutions company, has forecast Malaysia’s health expenditure to grow at a compound annual growth rate (CAGR) of 8.3% from ...
BMI says Malaysia’s high single-digit expenditure growth in healthcare will see it outpace regional peers such as Singapore, Thailand, the Philippines, and Indonesia over the medium term. – AFPpic
The ageing population, growing burden of chronic diseases, efforts to enhance public health infrastructure and improve access for underserved communities will drive public sector growth. “Annual per capita health expenditure remains above global and emerging market averages, indicating a strong capacity for spending on advanced medical products.”
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