Japan's medical device market is worth about $23.4 billion and is the second largest in the world, after the U.S. This article goes over some of the key factors in Japan's medical device market, including product registration, reimbursement approval and market entry... Read More
After the Asian financial crisis, the Philippine government pushed for economic reforms, bringing the economy's growth rate to 3.8% in the second quarter of 1999. As the government continues its economic reforms, the government is further deregulating its market, making it more... Read More
This article is a review of Vietnam's small, but expanding pharmaceutical market. Growing demand and weak domestic production are encouraging foreign companies to sell and distribute their drugs and pharmaceuticals in Vietnam. Foreign companies can be successful in Vietnam if they study... Read More
Since 1997, Indonesia has battled its worst economic crisis in decades. Therefore, it is no surprise that Indonesia's healthcare industry is facing significant challenges. This article discusses the medical device market in Indonesia and its potential for growth. The medical device registration... Read More
Despite the difficulties foreign companies sometimes face when entering the Japanese medical device market, strong demand for more technologically advanced products and sophisticated medical treatment has opened up the market more to manufacturers who can meet this demand. The Japanese government is... Read More
Japan's recent economic recession has not slowed the great demand for technologically innovative products that are flooding the Western medical markets. The country's aging population and the government's efforts at deregulating the distribution process are some of the main factors pushing Japan's... Read More
As South Korea's economy rebounds from the Asian financial crisis, its pharmaceutical and medical device markets are also rebounding due to increased demand and consumption. Part of the Korean government's economic reforms include the deregulation of its markets and promoting of foreign... Read More
Recovering economies throughout Asia offer promising markets for foreign medical device firms as well as opportunities for local product development and manufacturing. Before the Asian financial crisis, regional medical device markets grew at double-digit rates. Patients wanted the technologically innovative, cost-effective devices... Read More
Thanks to significant government reform efforts since 1998, the Malaysian economy has been able to rebound from the Asian currency crisis of 1997. The costs of healthcare in Malaysia are on the rise and the government is looking to cut healthcare expenditure,... Read More
This article contains a series of news briefs and updates with regard to Japan's medical device and pharmaceutical markets. Topics include: hospital roles in billing, reimbursing, and controlling medical equipment; pharmaceutical deregulation; liberalized procurement policy for medical products; and drug pricing policy. Read More