Medical Device Industry In Malaysia
Medical device act 2012 with the enforcement of the medical device act 2012 all medical devices manufactured imported or sold in malaysia are required to be registered with the medical device authority mda a body under the ministry of health malaysia responsible in regulating the medical devices industry.
Medical device industry in malaysia. Medical device for its consumption in malaysia the medical device industry is a highly diversified industry that produces a broad range of products and equipment ranging from medical gloves implantable devices orthopaedic devices and dialysers to diagnostic imaging equipment and minimal invasive surgical equipment and other. Medical device market in malaysia to 2020 market size development and forecasts. In malaysia the process is facilitated by experienced and reputable agencies that exist both within and outside the federal and local governments. Furthermore the rising income levels of the middle class more accurate medical diagnosis the predominance of chronic diseases and health consciousness characterize malaysia and its extensive potential for.
To achieve this objective concerted efforts will be undertaken by both the government and the private sector. Medical devices industry strategies and policies targets 1 01 malaysia has the potential to be a major producer and exporter of medical devices. During the imp3 period total investments in the industry are targeted at rm19 4 billion. Suppliers distributors manufacturers importer.
Malaysia s efforts to improve medical access and introduce business friendly policies have continued to attract foreign investment into the country s medical manufacturing industry. Jul 22 2016 usd 540. List of medical devices companies in malaysia. The mda website contains a wealth of information about medical device and its regulatory control for the benefit of the consumers patients medical device industry namely manufacturers authorised representatives of.
The industry comprises over 200 manufacturers with implemented investments of rm14 2 billion making malaysia an up and coming global medical device manufacturing hub. Medical device industry supporting industries for medical devices the costs of doing business in malaysia in general the overall cost of doing business in malaysia is competitive. Ammi provides a single minded approach to grow the medical device industry by focusing on strategic initiatives in promoting manufacturing and operational excellence talent development support market driven innovation and r d processes and promote opportunities for developing viable shared services. Bard symmetry medical teleflex resmed ciba vision ambu toshiba medical systems and haemonetics.