Taiwan Medical Market
Taiwan mainly produces and exports low-end devices and disposable products, therefore has a high demand for advanced medical supplies. Increasing levels of wealth amongst the population and a desire for improved living standards further boosts this demand. The Taiwanese market has growing potential for Western companies to expand their business, and is a desirable gateway for countries wishing to later enter larger markets. Pacific Bridge Medical’s team of experts can assist international medical companies with a wide range of business and regulatory affairs in the Taiwan medical markets.
Taiwan Medical Device Market Size
- $3 billion
- Projected Growth Rate: 7.7%
Taiwan Pharmaceutical Market Size
- $8.4 billion
- Projected Growth Rate: 5%
Taiwan Economic Statistics and Demographics
- GDP (PPP): $1.3 trillion
- Per Capita GDP (PPP): $53,023
- Real GDP Growth Rate: 2.8%
- Population (millions): 24
- Ethnic Diversity: Taiwanese (including Hakka) 84%, mainland Chinese 14%, indigenous 2%
Medical Device & IVD Services in Taiwan
Business Services
- Business Strategy
- Distributor Search
- Market Research
- Sourcing and Manufacturing
- Acquisitions, Joint Ventures, and Licensing
- Recruiting
Regulatory Services
Pharmaceutical & API Services in Taiwan
Business Services
- Business Strategy
- Distributor Search
- Market Research
- Sourcing and Manufacturing
- Acquisitions, Joint Ventures, and Licensing
- Recruiting
Regulatory Services
- Regulatory Strategy
- Product Registration
- Reimbursement
- Quality Systems
- Local Representation
- Clinical Trials
Related Resources
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