Malaysia’s Healthcare Market Set to Double by 2029; International Healthcare Week 2027 Ready to Capture the Momentum

Thursday 01/10/2026

Table
(From left to right) Mr. Gerard Leeuwenburgh, Country General Manager, Informa Markets Malaysia;
Mr. Mohd. Ramesh, Deputy Undersecretary, Policy, Parliament and Strategic Planning, Ministry of Health Malaysia;
YM Raja Badrulnizam Raja Kamalzaman, Senior Director, Strategic Planning Division, Malaysia External Trade Development Corporation (MATRADE);
Mr. S. Jai Shankar, Deputy Chief Executive Officer, Export Acceleration, Malaysia External Trade Development Corporation (MATRADE);
Tan Sri Dato' Sri Dr. Hj. Mohd Nasir Mohd Ashraf, Organising Chairman, Informa Markets Malaysia;
Ms. Rose Chitanuwat, Regional Portfolio Director - ASEAN, Informa Markets; and
Mr. Derrick Yeow, Country General Manager, Informa Markets Malaysia, at the press conference held today for International Healthcare Week (IHW) 2027.

The second Malaysian edition takes place 13–15 July 2027 at MITEC, Kuala Lumpur, with MATRADE as Strategic Partner 

KUALA LUMPUR, Malaysia, Oct 1 (Bernama) -- With Malaysia’s private healthcare market projected to more than double to RM158 billion by 2029, International Healthcare Week (IHW) 2027 is ready to launch in Kuala Lumpur on 13–15 July 2027 at the Malaysia International Trade and Exhibition Centre (MITEC), Informa Markets announced today at a press conference. Held in Malaysia for the second time, IHW 2027 is organised by Informa Markets with the Malaysia External Trade Development Corporation (MATRADE) as Strategic Partner, and will serve as the bridge and ecosystem platform connecting healthcare manufacturers, suppliers, buyers and investors across Southeast Asia. 

According to Frost & Sullivan, Malaysia’s private healthcare market is set to grow from approximately RM74 billion in 2022 to RM158 billion by 2029, an 11.4% compound annual growth rate, driven by an ageing population, rising chronic disease and demand for private care. Private hospital capacity is forecast to reach around 23,500 beds by 2028, with investment flowing into oncology, cardiology, day surgery, diagnostics, digital health and aged care. 

Regional demand is adding to the momentum. Data from the Malaysia Healthcare Travel Council (MHTC) shows healthcare travel revenue reached RM3.35 billion in 2025, more than double its pre-pandemic level, with Indonesia alone contributing 66%. Listed operators IHH Healthcare, KPJ Healthcare and Sunway Healthcare posted revenue growth of 9% to 21% in their latest reported periods. For suppliers, this expansion means rising demand for pharmaceuticals, medical devices and healthcare solutions across a regional market of more than 680 million ASEAN consumers. 

IHW 2027 is designed to capture that momentum, bringing together three major exhibitions under one roof — CPHI South East Asia, World Health Expo (WHX) Kuala Lumpur and Medtec Southeast Asia — spanning the healthcare value chain from pharmaceuticals and ingredients to medical devices, medtech manufacturing and hospital solutions. 

“Malaysia’s healthcare market is rapidly growing fast, and the opportunity reaches well beyond its borders. International Healthcare Week was created to support the growth of Southeast Asia’s healthcare industry, and we are proud to bring it to Malaysia for the second time. We are ready to serve as the bridge and the platform that connects healthcare businesses across the region. CPHI South East Asia links pharmaceutical manufacturers with suppliers of ingredients, contract manufacturing and packaging; World Health Expo Kuala Lumpur connects hospital buyers and distributors with medical equipment and healthcare solution providers; and Medtec Southeast Asia serves the medical device supply chain. Together with MATRADE, we look forward to welcoming exhibitors, buyers and investors to MITEC in July 2027.” 

— Ms. Rungphech Chitanuwat, Regional Portfolio Director – ASEAN, Informa Markets 

At today’s press conference, Informa Markets Malaysia and MATRADE also announced their collaboration for IHW 2027. As Malaysia’s national trade promotion agency under the Ministry of Investment, Trade and Industry (MITI), MATRADE brings government backing, a global network of overseas trade offices and deep expertise in business matching. It will connect Malaysian healthcare companies — particularly micro, small and medium enterprises (MSMEs) — with qualified international buyers, investors and partners. 

“Healthcare is one of Malaysia’s most promising export sectors. International Healthcare Week 2027 gives our exporters and MSMEs a direct platform to meet international buyers and form new partnerships. The components present during IHW 2027 will ensure the supply chain resilience. For MATRADE, this is more than an exhibition, it is a strategic ecosystem marketplace to attract strategic collaboration that will strengthen Malaysia’s position in the global healthcare value chain.” 

— YBhg. Dato’ Indera Abu Bakar Yusof, Chief Executive Officer, Malaysia External Trade Development Corporation (MATRADE)

International Healthcare Week 2027 will take place 13–15 July 2027 at the Malaysia International Trade and Exhibition Centre (MITEC), Kuala Lumpur, Malaysia. 

For more information, visit www.inthealthcareweek.com. 

For images, please click here.

About International Healthcare Week 

International Healthcare Week is Southeast Asia’s integrated platform for pharmaceuticals, medical technology, healthcare services and healthcare innovation. Each edition brings together leading international healthcare exhibitions to create a comprehensive marketplace for industry collaboration, investment and knowledge exchange. The 2027 Kuala Lumpur edition unites CPHI South East Asia, World Health Expo Kuala Lumpur and Medtec Southeast Asia under one roof.

About MATRADE

The Malaysia External Trade Development Corporation (MATRADE) is Malaysia’s national trade promotion agency under the Ministry of Investment, Trade and Industry (MITI). MATRADE develops and promotes Malaysia’s exports to the world and supports Malaysian companies — particularly MSMEs — in expanding into global markets. For more information, visit www.matrade.gov.my.
 
About Informa Markets

Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. Our portfolio is comprised of more than 550 international B2B events and brands in markets including Healthcare & Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion & Apparel, Hospitality, Food & Beverage, and Health & Nutrition, among others. We provide customers and partners around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, specialist digital content and actionable data solutions. As the world’s leading exhibitions organiser, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year. For more information, please visit www.informamarkets.com.

SOURCE: Informa Markets

FOR MORE INFORMATION, PLEASE CONTACT:
Informa Markets
Name: Kornviratch Damrongsiri (Ms)
Tel: +66 83 792 6649
Email: Kornviratch.d@informa.com
 
Ab & Artho on behalf of IHW 2027
Name: Adlina Borhan (Ms)
Tel: +60 17 374 7199
Email: adlina@abartho.com 

--BERNAMA 
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