This article was also published on MedTech Intelligence. Wearable electronic devices such as Apple’s iWatch or the Fitbit have become ubiquitous in advanced economies in the West, and they are catching up in Asia. Wearable medical devices such as electronic cardiogram skin patches,... Read More
In September, the World Economic Forum (WEF) released its highly anticipated 2015-2016 Global Competitiveness Index. The Index is based on the policies, institutions, and other factors that influence a nation’s productivity and relative level of prosperity. The World Economic Forum looks at... Read More
This article was also published on MedTech Intelligence. Out of the 410 million people worldwide who have been diagnosed with diabetes as of 2014, more than 60% of the cases were from Asia, according to the International Diabetes Federation (IDF). Last year China... Read More
This article was also published on ORTHOWORLD BONEZONE. Why Orthopaedics Will Grow in Asia Orthopaedics remains an attractive and growing market, especially in Asia. Multiple factors contribute to the growth of the orthopaedic market in this region. First, the quickly-growing elderly population... Read More
The Asia-Pacific market (including China, Japan, and India) for diabetes-related devices is predicted to reach between US$7 and US$10 billion by the end of the decade. Growth in the glucose monitoring device market is particularly strong, with growth rates estimated at 15%... Read More
This article was also published on MedTech Intelligence As one of the fastest developing regions in the world, Asia’s strong economic growth, coupled with its burgeoning middle class, has led to greater demand for better healthcare service. Over the next five years,... Read More
The Taiwan Food and Drug Administration (TFDA) has announced a registration fee increase that will be effective as of July 1, 2015. Registration fees for Class I devices will decrease slightly, while fees for Class II and III devices will increase by... Read More
More and more Western medical device and diagnostics firms are choosing to conduct clinical trials in Asian countries. This trend is expected to grow over the next decade. Western companies are in particular expanding clinical trial operations to Japan, China, South Korea,... Read More
The Taiwan Food and Drug Administration (TFDA) recently announced plans to change the country’s medical device marketing authorization approval system starting July 1, 2015. Applicants will need to submit Quality System Documentation (QSD) Approval letters as part of the initial marketing authorization... Read More
This article was also published on Medical Device Summit An increasing number of Western device companies have been acquiring or entering into joint ventures with Asian medical firms. Acquisitions and joint ventures with Asian medical companies can provide many advantages for Western... Read More