Interest in healthcare and medical developments continues to grow, as economies worldwide recover from the COVID-19 crisis. Market leaders and industry players again congregated at the HKTDC Hong Kong International Medical and Healthcare Fair showcasing medical trends and innovations. Now in its 13th edition, the fair continued to draw an international crowd, including representatives from the Consulates General of Canada, Czech Republic, Israel, and the United States. The physical-online hybrid format, in which the event was conducted, encouraged both on-site and online interactions.
Positioned as Asia’s thought-leadership event on health innovation and investment, last year’s inaugural Asia Summit on Global Health (ASGH) featured more than 70 internationally renowned speakers and attracted more than 21,000 on-site and online participants from 54 countries and regions. More than 200 one-to-one meetings matching funds with global healthcare projects were arranged during the event.
A professor at The Chinese University of Hong Kong (CUHK) has established a firm, EggLogics Limited (EggLogics), that has developed patented technology to increase the success rate for in-vitro fertilisation (IVF) through egg “recharging”, bringing new hope to families troubled by fertility problems.
Taking health maintenance beyond just a booking service for medical appointments, MixCare Health – one of the 10 winners in the 2022 Start-up Express entrepreneurship development programme organised by the Hong Kong Trade Development Council (HKTDC) – has developed a comprehensive healthcare platform.
Health tech start-ups have shouldered a heavy responsibility in fighting the COVID-19 pandemic and are now regarded as important engines to promote the sustainable development of the global economy.
Healthtech is a rapidly growing field in both Hong Kong and Canada – two economies that already have strong links as a result of high levels of migration between the two.
The parasitic alien life form is a favourite theme for sci-fi film producers – the Venom and Alien series are two examples that come to mind. In a case of science imitating art, a team of Hong Kong-based researchers have drawn inspiration from Venom to develop a therapeutic invasive slime.
As populations age and grow wealthier, and with birth rates in decline, the world has seen a strong growth in demand for healthcare in recent years. The outbreak of COVID-19 in 2020 gave a new urgency to the need to improve accessibility to healthcare and advance treatment outcomes.
Restrictions on movement and face-to-face interactions during the COVID-19 pandemic have created demand for remote health monitoring, particularly for vulnerable people such as those living in residential care homes. Hong Kong start-up PanopticAI is stepping into this breach, and the enterprise’s efforts made it a 2021 winner of Start-up Express, an entrepreneurship development programme run by the Hong Kong Trade Development Council (HKTDC).
Good vision is critical for children’s development, which makes early diagnosis and treatment of eye-related problems important. But eye specialists are familiar with issues associated with testing young children’s vision as the charts can be hard to understand, especially for toddlers.
The COVID-19 pandemic has had a profound impact on the health industry, driving rapid digitalisation in the healthcare sector and forcing suppliers of medical devices and services to adapt.
The rapid growth of healthcare spending, combined with accommodating financial markets, has made Hong Kong the perfect springboard into Asia for new biotech businesses. Acknowledging this, experts at the recent “Maximising Business Opportunities through Hong Kong on Healthcare Technology and Investment Collaboration” webinar, organised by the Hong Kong Trade Development Council (HKTDC), set out to explain how European healthcare start‑ups and other companies can leverage the city’s strategic position, especially its close ties with Mainland China, to benefit from the rapid growth of healthcare spending in the region.
Across Mainland China, an increasing number of property‑management companies are prioritising a move into the elderly care services sector. This trend was particularly in evidence at the most recent edition of the China International Silver Industry Exhibition. The Guangzhou‑hosted event saw more than 300 businesses showcasing a wide range of elder‑oriented facilities, including intelligent elderly care equipment and rehabilitation care products. Notably, many companies were offering products and services specifically designed to help property‑management companies transition into the elderly care sector.