Australian digital health companies are looking at opportunities in Malaysia as hospitals increase their adoption of AI, automation and other technologies aimed at improving clinical workflows and productivity.
Austrade and Investment NSW recently led 15 Australian healthcare companies to Malaysia for the Association of Private Hospitals of Malaysia Conference & Exhibition (APHM), as part of the Australia-Southeast Asia Business Exchange program.
Austrade said a major theme at the conference was the accelerating adoption of digital health and AI, with Malaysia developing AI-ready hospitals and looking to improve care coordination, clinician productivity and the use of health data.
Malaysian healthcare leaders were also increasingly focused on demonstrating measurable improvements in patient outcomes, operational efficiency and access to healthcare, amid rising costs and workforce pressures.
Austrade Trade and Investment Commissioner Helen Oh said the interest from healthcare providers pointed to further opportunities for Australian companies in the region.
“The interest we saw from healthcare providers across the region reinforced the opportunities for deeper Australia-Southeast Asia collaboration in hospital transformation, digital health, medical technologies and healthcare workforce solutions,” Ms Oh said.
Australian companies showcasing AI, automation and digital health products included Heidi Health, AgiliMed, Aptium.ai, Kiratech and Nabu AI, with technologies aimed at reducing administrative workloads, automating workflows and improving patient engagement.
Alcidion also took part in the delegation, showcasing its health informatics platform for patient flow and clinical decision-making.
Other companies represented included AES Environmental, Eyeonic, HA Tech, Better Breathing, Curezma Pharmaceuticals, Icon Group, Lusio Rehab and Fit2Fly.
Austrade hosted a symposium bringing together the Australian companies and Malaysian healthcare providers to discuss the use of emerging technologies, while the delegation also visited Sunway Medical Centre.
Austrade Malaysia Trade and Investment Commissioner Gregory Harvey said Malaysian healthcare organisations were showing growing interest in innovation and productivity.
“It also demonstrates the opportunities for Australian companies to contribute their expertise in digital health, medical technologies and specialised healthcare services while building long-term partnerships in the market,” Mr Harvey said.
Austrade said opportunities in Malaysia’s private healthcare sector were also being driven by an ageing population, expanding medical tourism and increasing adoption of digital health.
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