GlobalHealth Asia-Pacific Issue 5 | 2024 | Page 18

Medical Tourism News

Gleneagles KL partners Noveo Reserve

In a significant development for medical tourism in Malaysia , Novo Reserve by COBNB a modern suites service apartment , recently announces its partnership with Gleneagles Hospital Kuala Lumpur , a market leader in the healthcare industry . This collaboration aims to enhance the accommodation experience for medical tourists and their families , further supporting Malaysia ’ s growing reputation as a preferred destination for affordable and highquality healthcare services .

This partnership underscores a shared commitment to providing comprehensive support to medical tourists , ensuring that their stay in Malaysia is as comfortable and stressfree as possible .
Novo Reserve by COBNB ’ s premium accommodation services combined with Gleneagles Hospital Kuala Lumpur ’ s renowned medical expertise aim to set new standards in medical tourism , reaffirming Malaysia ’ s position as a beacon for accessible , high-quality healthcare in the region .
Healthcare equipment leasing market to grow by $ 24.4B by 2028

Healthcare providers are turning to leasing models for affordability amidst high costs . The global healthcare equipment leasing market is projected to rise by $ 28.4b until 2028 at a compound annual growth rate of 8.23 %, report market research company , Technavio .

The sector ’ s expansion is attributed to the high cost of such equipment , with healthcare providers increasingly turning to leasing models to access essential medical equipment affordably . Leasing allows providers to offer quality care for chronic diseases , preventive healthcare , and healthcare awareness , while managing equipment obsolescence and maintenance costs . Leasing agreements involve monthly rental fees , legal agreements , and tenant responsibilities . Equipment types range from medical devices like MRI machines , CT scanners , and X-ray machines to laboratory items , testing supplies , personal protective equipment , and accessories
With the leasing industry surpassing the trillion-dollar mark , the trend towards equipment leasing is expected to expand . Three primary factors are driving this growth : the entry of major healthcare equipment manufacturers , the preference for asset financing , and the Uberization of healthcare services .
Amal Medic , Wellspring Solutions , and Supergenics Berhad , setting a robust foundation for the future of extracellular versicle therapy in Malaysia

Amal Medik and Wellspring Solutions have signed a Memorandum of Understanding ( MOU ) to advance the standards of extracellular versicle therapy for pain management in Malaysia , marking a new chapter in the country ’ s regenerative medicine landscape . With Supergenics Berhad acting as the witness and bringing their expertise in stem cell research and development , this collaboration aims to elevate the quality and effectiveness of extracellular versicle applications through strict adherence to internationally recognized standards and best practices .

This partnership underscores a steadfast commitment to the highest levels of safety and quality in extracellular versicle therapies , with the PIC / S ( Pharmaceutical Inspection Cooperation Scheme ) framework serving as a core foundation .
This initiative is designed to equip healthcare professionals with the knowledge and skills necessary to adhere to stringent
protocols , ensuring the highest standards in patient care . Through collaboration and adherence to certified frameworks , this partnership aims to drive advancements in stem cell therapies , fostering a responsible and patient-centered approach to regenerative medicine .
From left : Professor Dr . Chua Kien Hui , Dr Saifulhaziq Noorman & Vincent Chow
16 ISSUE 5 | 2024 GlobalHealthAsiaPacific . com