Beginning November 20, 2015, all medical devices that are imported into Vietnam are subject to a new set of regulations laid out in Circular 30. This new circular supersedes the previous regulations found in Circular 24 dated June 21, 2011. However, all... Read More
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
Although the final text of the Trans-Pacific Partnership (TPP) deal has not yet been released, media sources have been speculating about important provisions regarding biologics and medical devices. Fortune magazine has reported that the signatory countries will be able to sign up... Read More
Vietnam’s over-the-counter (OTC) drug market presents great opportunities for multinational pharmaceutical companies. The growth in Vietnam’s OTC market is being driven by rising household income as well as increased interest in personal health and well-being. Drug categories that show a lot of... 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
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