AI and interconnectivity propels SEA’s US$6 bn health market

September 3, 2024

AI and interconnectivity propels SEA’s US$6 bn health marketHome to nearly 60% of the world’s population, the Asian region’s digital health market is expected to generate US$66.97 billion revenue in 2024 and reach a projected market value of US$99.57 billion by 2029, according to analysts Statista. The rapid digitisation of health services is leading industry sectors to experience significant growth.

As such, to be held alongside the Medical Fair Asia at Singapore’s Marina Bay Sands (11-12 September), GITEX Global, the world’s largest tech and start-up event, hosted in Dubai, has announced the creation of GITEX DIGI_HEALTH 5.0 Conference, an AI and digital health expert gathering at the opportune inflection phase of the global healthcare evolution.

The inaugural conference, organised by Kaoun International, the international organising office of Dubai World Trade Centre (DWTC), will convene a premier line-up of international speakers including future health influencers and practitioners in Digital Health, Artificial Intelligence, Telemedicine, Consumer Health, and Patient Care.

Under the overarching theme of Implications of AI and Digitalisation in Disrupting Healthcare, the immersive two-day conference featuring global speakers from over 12 countries will highlight the integration of these technologies.

An expertise of public and private organisations in tech and healthcare will be joining the stage this year.

Headliners include Sutowo Wong, Director of Data Analytics at the Ministry of Health Singapore, Dr Pauline Erica Tay, Director of National Health Innovation Centre Singapore (NHIC), Dr Ossama ElHassan, Head of E-Health at the Dubai Health Authority from the United Arab Emirates, and Hanna Burkhardt, Head of UNICEF’s Venture Fund in Sweden.

Among the innovators, founders, and digital health leaders who will be attending are WeiWei Hong, Director of the healthcare network SingHealth, and Shravan Kumar, Co-Founder and CEO of the Healthcare solutions platform SpeedDoc from Singapore, Chwee Foon Lim, CEO for Asia- Pacific at the world’s largest exoskeleton company Ekso Bionics, headquartered in the United States, Dr Ramon Varughese, Chief Medical Officer of Qualitas Health from Malaysia, and many more.

Medical Fair Asia is organised by Messe Düsseldorf Asia. The showcase will feature 1,000 exhibitors from 62 countries and regions, with a Community Care dedicated area and a StartUp Park presenting highly innovative companies.

“We are delighted to see this co-location with GITEX DIGI_HEALTH 5.0 Conference in Singapore,” said Gernot Ringling, Managing Director of Messe Düsseldorf Asia. “This collaboration complements our event greatly, with Medical Fair Asia’s strengths as a regional sourcing and networking event and GITEX’s expertise as the world’s largest tech event brand.

He added, “With its leadership in biotech and health R&D, Singapore provides the ideal backdrop for this partnership in advancing healthcare and driving the future of digital health across Asia.”

The programme will explore opportunities in a hybrid healthcare future, where AI, IoT, predictive data analytics, and interoperability are transforming patient care systems. Talks and panel discussions will also cover the evolution of telemedicine, the integration of AI diagnostics, VR/AR consultations, and remote monitoring, and the impact of emerging technologies such as blockchain and Web3 on the healthcare sector.

Trixie LohMirmand, CEO of Kaoun International, organiser of GITEX worldwide, said: “Despite the broader worldwide downturn in funding, regional start-ups have attracted significant investments particularly in the digital future health sector where accessible and high accuracy diagnostic medical interventions and solutions are the priorities of future economies.”

To attend the conference from 11-12 September 2024 at the Marina Bay Sands in Singapore, visit the event’s website today and register for a free pass: www.gitexdigihealth.com.

As part of GITEX’s expansion into the Asian region, GITEX ASIA — the most international cross sector tech and startup event in Asia—will make its debut in Singapore from 23-25 April 2025. This event strategically positions itself as the premier gateway to the Asian market, connecting the region with a global network of leading tech companies, unicorn founders, investors, AI pioneers, government leaders, and top-tier R&D institutions and academia. Learn more at www.gitexasia.com

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