Singapore-listed healthcare stocks up 9.2% YTD as they gun for growth

SINGAPORE (May 23): Stocks of the 15 largest Singapore-listed healthcare equipment and services companies with market caps above $100 million, have gained an average 9.2% year to date, according to data from the Singapore Exchange.

That’s not surprising, given Asia Pacific’s healthcare industry is expected to grow 11% this year, forming 28% of the US$2 trillion global healthcare market, says Frost & Sullivan.

This is one of the fastest growing regions in the world as the global healthcare economy averages a 4.8% annual growth rate.

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