ASEAN Medical Device Manufacturing Technology Summit 2021
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The rapidly aging population in ASEAN countries will stimulate demand for healthcare. The  proportion of people over 65 is expected to triple from 39 million in 2016 to 123 million in  2050. In mature economies such as Singapore, Brunei, and Thailand, demand for  healthcare has increased, especially because these markets have also been meeting the  growing demand for medical tourism in the region. As a result, from 2010 to 2016,  Singapore’s medical device sales grew by an average of 8.25% per year. [more]

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