Managing director Teo Cher Koon says as living standards rise, people want higher-quality healthcare. "We're talking about high-end products like MRI, CT scans and X-ray equipment. And this market has all along been dominated by Siemens, Philips, GE. But China has a big demand, the third world has a big demand, and they can't afford that type of pricing."
BT PHOTO: TIMOTHY DAVID
HEALTHCARE will always be in high demand. The problem is affordability, believes Teo Cher Koon, managing director of Singapore-listed motion control systems specialist ISDN.
ISDN, with more than 60 sales offices in Asia and 49 in China, will ride this trend to grow, he told The Business...