Malaysian Technology Strategic Outlook

Genomics is the study of genes and their functions. It is a rapidly growing field that has the potential to improve human health and well-being. Genomics can be used to understand the structure and function of genes, as well as the downstream biological products that are produced by genes. This information can be used to develop new treatments for diseases, prevent diseases from developing, and diagnose diseases at an early stage. Human genomics research has the potential to achieve several public health goals. For example, it can be used to reduce global health inequalities by providing developing countries with efficient, cost-effective, and robust means of preventing, diagnosing, and treating major diseases. Digital twin technology is becoming increasingly popular in many industries. The digital twin market is expected to grow from USD6.75 billion in 2021 to USD96.49 billion by 2029, at a CAGR of 40.6% during the forecast period. It has the potential to improve the efficiency, safety, and patient outcomes in the healthcare industry. Still in its early stages of development, the new technology has the potential to revolutionise the way healthcare is delivered. TECHNOLOGY TREND 3: BIOMEDICAL The healthcare industry is a large and growing sector that is expected to continue to expand in the future. There are several factors driving this growth, including an ageing population, the increasing prevalence of chronic diseases, and technological advances. A digitised healthcare system can collect and analyse large amounts of data, which can be used to identify diseases earlier and more accurately. A digitised healthcare system has the potential to improve the quality of care, reduce costs, and make healthcare more accessible to everyone.

Malaysian Technology Strategic Outlook 2023/2024 Energy, Healthcare & Space Industry 22

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