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Showing posts with the label health and healthcare economics

Saudi Arabia's AR Healthcare Market Set to Reach $39.45M by 2030

The increasing number of older individuals coupled with higher incidences of chronic diseases are fueling expansion. Saudi Arabia’s The augmented reality (AR) sector within the healthcare industry is forecasted to be worth $39.45 million by 2030, with a compound annual growth rate of 3.61%, as estimated by Research and Markets. The growth of this sector can be attributed to the demand for sophisticated services in medical education, diagnosis, and therapy planning. The report stated, "Significant progress, such as advanced hardware and software platforms, allows healthcare providers to easily integrate AR." In the meantime, the growing number of older individuals and the higher incidence of long-term illnesses are also fueling market expansion. "The quick growth of hospitals, clinics, and specialized centers requires cutting-edge healthcare technologies such as AR ...

Singapore's MOH and HDB Kick Off Pilot Tender for GP Clinics at Bartley Beacon

The combined bid submission deadline is set for 29 May. Singapore's Ministry of Health (MOH) and Housing & Development Board (HDB) have jointly piloted a new Price-Quality Method (PQM) tender approach to evaluate both price and quality factors when renting out HDB shops to general practitioner clinics. The combined bid situated at Bartley Beacon will conclude on May 29th. In this trial program, the tenders' proposals will be weighted at 70%, with the evaluation focusing mainly on their quality. The remaining 30% will come from an assessment of the tender prices conducted by HDB. In the meantime, the M OH will evaluate the proposals' quality across several dimensions, such as care models, personnel expertise, and operational strategies.