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Updates

Global Teleradiology Market on the Rise

August 21, 2017

The teleradiology market is poised for growth thanks to the continued development of wireless technologies and expanded internet capacity. The market is projected to have an annual growth rate of 11.3% through 2023. However, high technology costs and a lack of experts in the field could come to hinder the market’s projected growth.

Japan Eyes Africa for Private Healthcare Investment

August 21, 2017

Japan's government is preparing to invest in the African healthcare sector via a US$30 billion public-private partnership under the African Business Education Initiative for Youth. This initiative will reportedly focus on key areas like infrastructure and the development of human resources. The African government is also reportedly collaborating with Japanese officials to figure out how to best utilize Japanese science and technologies across greater Africa.

Asia and MENA Experiencing Increase in Diabetes

August 21, 2017

The diabetes burden continues to rise across the globe, but particularly in Asia and MENA where professionals attribute the rise of the disease to the high number of expats and the Western diet and lifestyle influence they bring. The increase in diabetes cases continues to put pressure on healthcare providers as local costs and insurance premiums continue to rise and many cannot afford regular treatments. Healthcare providers across the two regions are calling for investments in early detection and management of the disease.

Time May be Running Out to Invest in Nigeria’s Healthcare Industry

August 21, 2017

Nigeria's Acting President, Yemi Osinbajo, urged healthcare investors to invest in Nigeria’s healthcare industry while speaking recently at the Nigerian Initiative for Economic Development. Osinbajo predicted Nigeria will become the sixth or seventh largest country in the world within the next decade. Nigeria's government, he added, views health investment as a top priority since medical tourism initiatives have brought losses of over US$1 billion to the country.

India Biosimilar Market Expected to Accelerate by 2030

August 21, 2017

The Indian biosimilar market is expected to reach US$40 billion by 2030, to make up 20% of the global market. This domestic market growth is being credited as a result of new pharmaceutical players surfacing, new products being successfully launched, and new regulatory pricing laws being put into effect in the country. Biosimilar manufacturers plan to tap into the market through increased investments and acquisitions.

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