This blog will provide a concise glimpse of Malaysia’ macroeconomic situation, its healthcare-provision characteristics and organization, as well as highlight the priorities and activities shaping its private and public hospital sectors.
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TforG was in London this month to hear how innovative healthcare technology can enable positive outcomes for patients, practitioners, companies and payers alike at the HealthTechX Europe 2017 summit. Key industry leaders, thinkers and visionaries took to the stage to address current trends and challenges facing global healthcare and showcasing the latest innovative technologies set […]
In this article, we will compare the US (with around 325 m inhabitants), Japan (130 m) and the largest European market, Germany (85 m), in terms of surgical practices, and assess the effects of the differences between these countries on the respective medtech markets.
China has one of the largest medtech markets in the world, presenting a market full of opportunities and growth potential now and in the years to come. In this article, we will highlight the medtech market figures of China, in comparison to other leading nations, and pinpoint the Chinese market context and its key drivers.
The Dutch Healthcare System: Public-Private healthcare, Challenges, Trends, Secondary care Drivers, and Priorities
GDP growth in the Netherlands over the last 5 years has been relatively stable. Exports remain the Dutch economy’s main growth driver, alongside private consumption and private investment. With domestic demand on the rise again, virtually all industries are set to benefit from a growing demand for their goods and services for the third consecutive […]
Universal healthcare coverage in the fourth largest nation in the world: JKN in Indonesia and the opportunities for medtech markets
Home to a population of 258 million, Indonesia is the 4th largest country in the world, behind China, India and the US. However，Indonesia’s spending on health care totaled only 2.8% of GDP according to the data from WHO Global Health Expenditure Database and the TforG myTools platform. Compared to the global average of 9.9%, its […]
Healthcare spending in 2015 in Indonesia was equal to 2.8% of GDP. This is a return to increased spending, after reflecting a declining trend over the past 4 years. In absolute terms, healthcare expenditure is equal to €17.8 bn, and €69.3 per capita.
Healthcare spending in 2015 in Finland was equal to 9.8% of GDP. This reflects an increasing trend over the past 5 years. In absolute terms, healthcare expenditure is equal to €20.3 bn, and €3,704 per capita. Though expenditure is in the lower ranges of the EU average expenditure (in terms of % of GDP), infant […]
China’s National Planning Guideline for the Healthcare Service System 2015-2020: Privatization, Increasing bed volumes and Insurance coverage
In 2015, China had a nominal GDP €9.897 bn, with an economic growth rate of 6.9%. 5.7% of its GDP is spent on healthcare, equivalent to a total of €564 m, or €412 per capita. China is the most populated country in the world with one of the strongest GDP growth rates internationally; a fascinating […]
In 2015 the GDP growth rate in Argentina was 1.2%. Overall, looking at the GDP rate since 2011, it has been a turbulent up and down, coming from as high as 8.4% in 2011 to a forecasted -1% in 2016. Healthcare expenditures in Argentina were around €20 bn in 2015, approximately 4.6% of the GDP.