Norway, Sept. 10 -- Observe Medical ASA (the "Company" or "Observe Medical") is pleased to announce our entry into the Philippine market after having received the first significant order of UnoMeter Safeti Plus and UnoMeter Safeti Max.The Philippines is one of Southeast Asia's fastest-growing healthcare markets, with healthcare expenditure increasing by approximately 75% in real terms between 2015 and 2021, the strongest growth among ASEAN countries. Combined with a large population, rising healthcare investment and significant unmet medical needs, the market represents an attractive long-term opportunity for innovative medtech solutions.
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