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Asia's Healthcare Market Set to Hit $5 Trillion by 2030

12/30/2025

46 7 Full Breakdown

Summary

Story summary

Asia's healthcare market is projected to reach $5 trillion by 2030, driven by aging populations and a growing middle class.
Raffles Medical Group rose 3.5% to S$378.4 million in the first half of 2025.
Abbott Laboratories rose 6.9% to $11.4 billion in Q3 2025, led by FreeStyle Libre diabetes devices.
ParkwayLife REIT rose 8.2% to S$117.3 million for 9M 2025, aided by leases and acquisitions in Japan and France.

History

Historical Context

The global healthcare market reached approximately $8.45 trillion in 2020, driven by rising demand, particularly in aging populations. By 2030, healthcare needs are expected to increase by 20%, with Asia's market projected to hit $5 trillion. This growth presents opportunities for companies like Raffles Medical Group and Abbott Laboratories, shaping future healthcare investments and innovations in the region.

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Story summary

Asia's healthcare market is projected to reach $5 trillion by 2030, driven by aging populations and a growing middle class.
Raffles Medical Group rose 3.5% to S$378.4 million in the first half of 2025.
Abbott Laboratories rose 6.9% to $11.4 billion in Q3 2025, led by FreeStyle Libre diabetes devices.
ParkwayLife REIT rose 8.2% to S$117.3 million for 9M 2025, aided by leases and acquisitions in Japan and France.

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