06-Apr-17 Global healthcare spending is roughly USD7 tn, according to the US Department of Commerce and many companies would have more success pursuing product approval in emerging markets as the technologies may be more helpful for those patient populations and the regulatory burdens more manageable, suggested Matthew Hein, representative for the US DoC at the MedTech Intelligence Global Regulatory conference. [image: MedTech Intelligence]
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06-Apr-17 Korea's medical institutions expanded their businesses into 20 countries during 2016, according to a report by the Ministry of Health & Welfare. During 2016, Korean medical institutions continued their spread of the medicalss "Korean wave”, entering countries including China, the USA, Vietnam, Kazakhstan, and the UAE as well as many others, three more countries than in 2015. [image: Business Korea]
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21-Mar-17 Researchers at Sandia National Laboratories in the US have developed a smartphone-controlled, battery-operated, diagnostic device for the detection of Zika, dengue, and chikungunya. The new device eliminates the need for laboratory testing and reduces wait times from several days, to around 30 minutes and would cost in the region of USD100. [image: ET Healthworld]
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17-Mar-17 TPG, the US alternative-investment firm, sees opportunities in healthcare in Asia to meet untapped demand in some of the fastest-growing economies. The region is short of quality healthcare infrastructure, said Jim Coulter, co-CEO. TPG’s Asian investment arm manages USD6 bn in assets, including a stake in the United Family Healthcare chain of high-end Chinese hospitals. [image: Bloomberg]
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16-Mar-17 The USA has long been a top destination for travellers from Gulf Coast Countries seeking healthcare treatments abroad. Since Donald Trump's travel ban was announced, travel bookings from the countries covered have decreased by 80%. With Emiratis alone, travelling abroad for treatment spending USD250,000 per-visit, American specialist facilities are rightly concerned over the implications the ban might have. [image: Arab Health]
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