MALAYSIA: Malaysia is making a bold move to strengthen its healthcare system by investing $2 billion in diagnostic laboratories.
This strategic decision is expected to boost medical testing capabilities, ensuring faster, more accurate patient diagnoses while improving the nation’s healthcare infrastructure.Malaysia’s diagnostic lab sector is undergoing significant expansion. According to a Research and Markets report, the industry was valued at USD 1.28 billion in 2024 and is projected to reach USD 2.01 billion by 2030, reflecting a compound annual growth rate of 7.80%.
The report also states that chronic diseases such as diabetes, hypertension, and cancer are driving the demand for more frequent and precise testing. With Malaysia’s population steadily ageing, there is an increased need for early diagnosis and continuous monitoring of non-communicable diseases .Foreign investments are also helping to modernise Malaysia’s diagnostic infrastructure.
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