KUALA LUMPUR, Malaysia, Oct 1 (Bernama) -- With Malaysia’s private healthcare market projected to more than double to RM158 billion by 2029, International Healthcare Week (IHW) 2027 is ready to launch in Kuala Lumpur on 13–15 July 2027 at the Malaysia International Trade and Exhibition Centre (MITEC), Informa Markets announced today at a press conference. Held in Malaysia for the second time, IHW 2027 is organised by Informa Markets with the Malaysia External Trade Development Corporation (MATRADE) as Strategic Partner, and will serve as the bridge and ecosystem platform connecting healthcare manufacturers, suppliers, buyers and investors across Southeast Asia.
According to Frost & Sullivan, Malaysia’s private healthcare market is set to grow from approximately RM74 billion in 2022 to RM158 billion by 2029, an 11.4% compound annual growth rate, driven by an ageing population, rising chronic disease and demand for private care. Private hospital capacity is forecast to reach around 23,500 beds by 2028, with investment flowing into oncology, cardiology, day surgery, diagnostics, digital health and aged care.