Medical technology is developing at an unbelievable pace in Asia, possibly reaching an incredible 1520% annual growth rate over the next several years. Likewise, the South Korean market is expecting a boost in growth rates in the medical market due to new... Read More
This article gives a general overview of the Taiwanese medical market, explaining the healthcare system, medical device market, and the main functions of the country's medical system. The Board of Foreign Trade (BOFT) in the Ministry of Economic Affairs, the National Bureau... Read More
As medical technologies become more widespread and advanced, multitudes of lives are prolonged by more modern and improved healthcare, particularly in Asia. Asia's aging population has pushed governments to reform healthcare systems to accommodate this challenge. Subsequently, that has created more business... Read More
Despite a burgeoning population exceeding 1 billion, India's government is aiming to protect its citizens by providing quality medical care to all Indians, including those living in rural areas. This national priority will require increased numbers of imported medical device equipment, which... Read More
On November 1, 1994 Ronald Brown, U.S secretary of commerce, and Takakuzu Kuriyama, Japan's ambassador to the United States, signed the Medical Technology Arrangement (MTA). The agreement marked an important step opening to U.S. manufacturers Japan's public sector procurement market for medical... Read More
Southeast Asia's economic prosperity has encouraged governments to focus on revamping their healthcare systems. The healthcare sector in Vietnam has seen an expanded growth rate in recent times, and the government is eager to reform its medical insurance system and import more... Read More
This article provides information on the growing possibilities of the Indian medical market in the coming years. India's increasing affluent middle class, the public versus private hospital question, growing rates of cancer and other deadly diseases, and local agreements between foreign device... Read More
This article gives an overview of the growing prospects for foreign companies in the Philippine medical device market. The government and the Department of Health (DOH) are encouraging greater investment of medical equipment, devices and pharmaceuticals under the proposed Investment Priorities Plan... Read More
This article gives a brief update on Malaysia's medical device market. Malaysia's medical device market is growing at a phenomenal pace, with foreign companies competing in the domestic market with virtually no local competition. Laboratory equipment such as spectrometers, X-ray apparatus and... Read More
Healthcare systems are fast becoming national priorities for all Asian nations, as economies begin to experience high growth rates. In South Korea, the addition of hospitals and demand for expanded healthcare facilities are grounds for the increase of medical device imports. The... Read More