India’s diagnostics sector is forecasted to grow at about 20% over the next three years. The diagnostics sector is estimated to be about $2 billion by the end of 2013. 5% of India’s GDP is spent on healthcare. This is significantly lower... Read More
The Asia Pacific (APAC) medical devices market will grow more than 10% over the next three years. This is higher than the projected global sector growth of 6%. APAC’s growth in medical devices will be driven by healthcare service providers’ demand for... Read More
The number of breast cancer cases among Japanese women is expected to rise 25% from now to year 2020. This is higher than the forecasted 14% growth for the US and the EU over the same period. Main causes of this dramatic... Read More
China continues to distribute the $125 billion of government funds that have been allocated for improving China’s healthcare. The priorities for this year will be improving public hospitals and providing better preparation to general practitioners, and healthcare improvements in the countryside. Public... Read More
The Indian government collaborated with the National Pharmaceutical Pricing Authority (NPPA) to evaluate the pricing of medical devices that are regulated under the Drugs and Cosmetics Act. The most noticeable finding was that these regulated medical devices can vary drastically in terms... Read More
China continues to distribute the $125 billion of government funds that have been allocated for improving China's healthcare. The priorities for this year will be improving public hospitals and providing better preparation to general practitioners, and healthcare improvements in the countryside. Read More
On January 19, 2011, newspapers in Japan published an announcement from the Ministry of Health, Labour and Welfare (MHLW) on an upcoming change to the good manufacturing practice (GMP) compliance audit. It had been previously announced that manufacturers creating products that are... Read More
Following its recent medical device regulation overhaul, Singapore’s Health Sciences Authority (HSA) is planning to carry out further adjustments to the nation’s medical regulations. At present, there are a number of different notifications that collectively operate to control the importation, sales and... Read More
On December 27, 2010, China’s State Food and Drug Administration (SFDA) website was updated with an announcement on 96 new industry standards that will affect medical devices in China. 34 of these new industry standards are mandatory (labeled YY) while the remaining... Read More
The hospital industry in China is growing at an extraordinary rate. Thirty percent of the country's 2009 healthcare reform initiatives are earmarked for building new health facilities. In other words, since 2009, the Chinese government has been injecting $37 billion into the... Read More