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News 23.11.2021

Future of Health is Digital – Can You help South-East Asian countries?

Get familiar with comprehensive country level studies now and take a Nordic action! Four key trends are shaping the healthcare industry in South-East Asia and driving demand for medical devices and digital health solutions. To meet the future healthcare needs in the region, a significant amount of capital is being invested into medical technologies.

Several markets in South-East Asia are currently lagging the Nordics in healthcare spending per capita, but significant growth is expected in the coming decade to meet economic growth increased healthcare demand.

  • Regional healthcare spending to reach 600 bn USD in 2025
  • 160 000 000 people over the age of 65 years old
  • Just the three major noncommunicable diseases in the region are currently affecting 320 000 000 people
  • Tech savvy population

The healthcare and MedTech industry in South-East Asia face challenges within operational efficiency and medical outcomes, but on vastly diverse levels of development. While markets like Indonesia and Vietnam face large challenges with inadequacies in healthcare infrastructure and limited capacity, other sophisticated test-bed markets such as Australia and Singapore have world leading healthcare delivery and ecosystems ready for research & development and innovation pilots of ground-breaking technologies. Malaysia and Thailand are frontier markets with a young universal healthcare coverage system and early digital solution adopters.

Read more and request for the concrete Nordic market studies in these seven countries:

  1. Australia
  2. Singapore
  3. Thailand
  4. Malaysia
  5. India
  6. Indonesia
  7. Vietnam

Take action!

Business Finland, Business Sweden and Innovation Norway work together in order to promote Nordic leading health technology solutions in the South-East Asia region. If your company wants to take part of this project, contact Terhi Rasmussen or reply to this short questionnaire latest by 3rd December.

Further Information

Terhi Rasmussen
Global Opportunity Leader
Health & Wellbeing, Business Finland
terhi.rasmussen (at)
+45 2054 9894