While the US and EU have been using health economics outcomes for drugs and devices for a number of years, Asia is behind in this area. Much of this is caused by the lack of standardized systems, regulations, and resources needed to... Read More
Factors in Indonesia such as urbanization and a large, slowly aging population are driving the demand for quality healthcare. In 2014, the introduction of a universal health plan aiming to cover the entire population of 250 million people presents a tremendous opportunity for Western medical device and pharmaceutical companies to export their... Read More
This article was also published on MedTech Intelligence. The Association of Southeast Asian Nations (ASEAN) is an international organization made up of 10 countries in Southeast Asia, including Indonesia, Singapore, Thailand, Malaysia, Vietnam, the Philippines, Brunei, Laos, Cambodia and Vietnam. ASEAN has a... Read More
Indonesia’s universal healthcare program, Jaminan Kesehatan Nasional (JKN), was first introduced in 2014 to help low-income families pay for medical treatment. However, the program has continued to face numerous challenges since its establishment. The Indonesian government only spends about 3% of its... Read More
This article was also published on MedTech Intelligence. The emerging Asian middle class will soon demand the same healthcare benefits and medical devices as those in Europe and North America. For medical device companies looking for future growth, Asia needs to be a... Read More
This article was also published on MedTech Intelligence. The development of low-cost, high-quality smartphones is changing the way that patients and doctors communicate with one another. This new trend is the result of medical device companies teaming up with software developers to harness... Read More
A recent report from the World Health Organization (WHO) reveals that childhood obesity is a growing problem in Asia. According to the report, in 2014, 48% of the world’s overweight children (5 years old or younger) were living in Asia. In high... Read More
This article was also published on MedTech Intelligence. Populations across Asia have enjoyed substantial improvements in healthcare in recent decades: infant mortality rates have dropped by more than two-thirds in East Asia; governments in China, the Philippines, Malaysia, and Indonesia have dramatically... Read More
Unlike the other Asian countries, in Indonesia, an independent, third party entity in-country cannot register foreign devices. According to Indonesian law, devices can be registered via the foreign company’s Indonesian distributor or the foreign company’s subsidiary operation in Indonesia. To get around... Read More
South Korea and Japan continue to take top spots in the Organization for Economic Co-operation and Development’s (OECD) annual rankings of average life expectancy. Japan leads the list with an average life expectancy of 83.4 years while South Korea has the 12th... Read More