Medical device or medical technology companies manufacture instrument, appliances, implants, reagents, software, machine, and devices for the prevention, diagnosis, monitoring or treatment of diseases.
Taiwan medical device manufacturers export products such as blood glucose monitoring devices, contact lenses, orthopaedic and implantable products, diagnostic reagents, thermometers, test kits, face masks, and protective clothing. Other products include medical & surgical instruments, wheelchairs, and medical furniture Their major market is the US, EU, and Japan, with export value worth 3.77 billion US … Read more
China is the second largest medical equipment market in the world, just after the United States, and has a 20% share of the market. It has a value of over 179 billion USD. The large market and growth of the sector are supported by China’s huge population, advancement in technology and innovations, government investment in … Read more
South Korea is one of the global leaders in the medical device sector. Medical device manufacturers focus on products especially medical imaging (X-ray, ultrasound), and dental products. The medical equipment suppliers in South Korea are importers and exporters of medical devices. Medical Equipment Suppliers in South Korea 3M Korea Co., Ltd. 22nd floor, 82 Uisadang-daero, … Read more
Medical equipment manufacturers in South Korea produce lower-end or mid-range medical devices, but import high-end medical devices from the United States, Japan, and Europe. China also supplies supplies low-end medical devices and consumables to Korea. The medical device sector in South Korea moved from $8.0 billion in 2021 to $9.2 billion in 2022. Some key … Read more
The medical device industry is worth $40 billion in 2021. The industry has an expected annual “CAGR” of 5.5 per cent from 2022 to 2027. Japan is home to the largest US medical device companies like 3M, Edwards Lifesciences, Medtronic, GE Healthcare, Johnson & Johnson, Abbott, Stryker, and Zimmer. Many medical device companies in Japan … Read more
Malaysia has a booming medical device sector. It is expected to achieve a compound annual growth rate of 8.5% from 2023 to 2028, reaching a value of $4.5 billion. There are as many as 200 medical equipment manufacturers in Malaysia, with many multinational companies in the country. These companies produce catheters, surgical and examination gloves, … Read more
The medical device industry in Singapore is highly developed, and is expected to grow at a CAGR of 10.5% to US$225 billion by 2030. There are numerous manufacturers and medical equipment suppliers in Singapore. The manufacturers produce medical supplies and equipment, vision care devices, life sciences tools and diagnostics, cardiovascular implantables. Medical Equipment Suppliers in … Read more
The medical device industry in Indonesia is worth US$3.6 billion in 2021. The country, which is the fourth largest in the world in terms of population, imports most of its medical equipment and devices needs. These imports range from high-tech and advanced medical instruments like diagnostic instruments, lasers, CT-scan. The medical equipment manufacturers in Indonesia … Read more
Thailand has the fourth largest population globally, resulting in an increased demand for medical supplies and equipment. The medical device market size is worth $2.88 billion. There are more than 2000 medical device distributors in Indonesia. The local manufacturers produce disposables, while consumables, high-value-added products and sophisticated devices are imported. Imported or refurbished medical equipment … Read more
All the top 30 global MedTech companies have manufacturing, research, and development facilities in Singapore. Top medical equipment manufacturers in Singapore include MNCs Becton Dickinson, Medtronic and Thermo Fisher Scientific. Globally, 60% of the microarrays and one-third of all mass spectrometers are manufactured in Singapore. Singapore produced medical devices and equipment worth US$12 billion in … Read more