healthcare nkea: an update
TRANSCRIPT
Healthcare NKEA: An Update
And Business Networking Session (B2B) Programme For Outsourcing Opportunities in the Medical Device
Industry and Machinery and Equipment Industries
31st October 2013 Eastern and Oriental Hotel, Penang
3 Things I want to share…
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1. Healthcare Expenditure 2. Progress of EPP and BO 3. Update of Medical Devices EPP
REGULATE HEALTH
INDUSTRY
NOW
PREVIOUSLY
TRUST WORTHY
The Ministry of Health takes on an Additional Role
PROVISION OF HEALTH SERVICES
DEVELOPMENT OF
HEALTHCARE INDUSTRY
REGULATE HEALTH
INDUSTRY
PROVISION OF HEALTH SERVICES
Organised Focused Industry Friendly
3 Things I want to share…
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1. Healthcare Expenditure 2. Progress of EPP and BO 3. Update of Medical Devices EPP
Services Products
Healthcare NKEA: Services and Products
Medical Insurance (EPP1) Clinical Research (EPP2) Healthcare Travel (EPP4) Teleradiology (EPP5) Research, teaching and
services (EPP6) Aged Care Services (BO)
Pharmaceuticals (EPP3) Medical Devices (EPP7-
14) Hospitals (EPP4) Aged care facilities(BO)
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Healthcare Aspirations
50
40
30
20
10
0 2020 GNI
50.5
15.2
35.3
Multiplier
0.4
Baseline Growth
13.6
Business Opportunities
1.1
EPP6: Health
Metropolis
1.0
EPP5: Diagnostic
Services
0.4
EPP4: Health Travel
2020 GNI contribution (RM Billion)
EPP3: Generics Export
13.9
EPP2: Clinical
Research Malaysia
0.6
4.3
0.2
2009
15.2
60
EPP1: Foreign Workers Health
Insurance
Total GNI Impact: RM 35.3 Billion
Quick Wins
Strategic Opportunities
Longer Term Bets
Foreign Workers’ Health Insurance Mandate private health insurance for all foreign workers and improve workmen’s compensation coverage
• The scheme was extended to Sabah in July 2012 and Sarawak in February 2013. All sectors except maids and plantation workers are covered.
EPP 2
7
Clinical Research Malaysia Creating a supportive environment and complete ecosystem to grow number of trials, targeting 1,000 new trials by 2020
• The number of clinical studies have grown about 15 % a year. Top 3 therapies for clinical research were endocrinology, oncology and respiratory in 2012
Malaysian Pharmaceuticals Leverage patent expiry cliff by pursuing generic opportunities
• It now covers beyond generics, OTC, supplements, biologics and vaccines. A number of MNCs have shown interest in manufacturing here. A national database on the Malaysian pharmaceutical market is jointly been developed by MOH and IMS Health
Healthcare Travel Re-invigoration through a seamless customer experience, proactive alliances and niche marketing
• The growth in terms of numbers and revenue has been about 150 % for the past 2 years from 2010. The average bill size has also increased and we have managed to shift to beyond Indonesia even though Indonesia will continue to be the largest market.
EPP 2
8
Diagnostic Services Nexus (DSN) Create a scale of domestic teleradiology service for in-sourcing internationally
• This EPP faced a lot of challenges in management and implementation, getting the right cost model, technology and with enough full time radiologists.
Health Metropolis at University Malaya Developing a health metropolis : A world-class campus for healthcare and bioscience
• This project is delayed and awaiting MTES approval before MBPJ can consider. The main issue is traffic along Jalan University and the availability of public transport and the confirmation of MRT station.
Malaysia is becoming an ageing nation..
8.3% 9.9% 15% 20.4% Today
By 2020
By 2030
By 2050
Ageing Nation
Source: Department of Statistics
Legend
Population with age > 60
“By 2030, 15% of Malaysia’s population will be over 60”
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Seniors Living (Aged Care)
Seniors Living (Aged Care)
Seniors Living Lab – Sept-Oct 2012
Retirement Village
Home Care/Mobile Services
Institutional Care
Three (3) Work Streams
Note : EPPs will be identified from these 3 key work streams
Development of Communities with active aging in place
Providing clinical care at the comfort of their (seniors) own existing home
Transformation of these nursing and old folks homes
Meeting the needs to build an ecosystem that provides holistic aged care
Seniors Living
Work in Progress • New Act and Regulations for Aged Healthcare Facilities
and Services under MOH • Transformation of Old Folks/Nursing Homes • Planning Guidelines for retirement villages • Development of care givers skills and curriculum • Encourage Reverse Mortgages products by Banks • Insurance for mobile/home care and long term care • Amanah Raya Berhad as Trustee of fund for payment for
services and facilities • Have created 3 EPPs
3 Things I want to share…
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1. Healthcare Expenditure 2. Progress of EPP and BO 3. Update of Medical Devices EPP
Creating a conducive environment for MNC entry and developing the nascent local medical technology players
Medical Devices
EPP 7
Scale Malaysia IVD
industry
EPP 8
Next gen of core SUD products
EPP 9 Hub for high
value med dev contract
manufacturing
EPP 10 Create
Malaysian clinical devices
champions
EPP 11 Medical
equipment supply chain orchestration
EPP 12 Medical
equipment refurbishment
hub
EPP 13 Medical
furniture and hardware
cluster
Oct 2011
Medical Devices Lab
Medical Devices Baseline Study
June 2011 July 2011
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EPP 12 EPP 14
Revised NEW
2013
High Value Manufacturing
Hub
Renal Products
For more information, please visit our website - www.pemandu.gov.my Twitter: GTP -@gtp_roadmap ETP - @etp_roadmap Feedback/enquiries: GTP- [email protected] ETP- [email protected]
THANK YOU From Healthcare Team Dr. Chua Hong Teck Director, Healthcare & Low Income Households [email protected] +6017-664-7120 Fabian Bigar Associate Director [email protected] +6017-246-1706
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