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Research and Markets: Malaysia Medical Device Market 2015-2020
[October 06, 2015]

Research and Markets: Malaysia Medical Device Market 2015-2020


Research and Markets (http://www.researchandmarkets.com/research/668v4p/the_medical) has announced the addition of the "The Medical Device Market: Malaysia" report to their offering.

Malaysia's strategy of introducing business friendly policies and not least a new set of medical device regulations has seen it continue to attract multinational investment in manufacturing plants in the country. Whilst there has been some change, most local manufacturers tend to specialise in the manufacture of rubber-based consumables, which has resulted in a high reliance on imports. This being a factor, alongside continued investments in healthcare, the medical device market is set to expand at a solid 16.1 % per annum.

Headline Industry Forecasts:

In US dollar terms, the medical device market is projected to expand by a CAGR of 16.1%, which should see it rise from an estimated USD1,359.0mn in 2013 to USD2,868.6mn in 2018. By major product area, the 2013-2018 CAGRs are expected to range from 24.8% for consumables to 6.5% for dental products.

In US dollar terms, imports grew by 5.9% to reach USD1,173.3mn in 2013. The performance was generally strong in recent years, with 0.3% growth in 2009 preceding annual growth rates of 18.8%, 15.2% and 18.3% from 2010-2012. The CAGR performance during 2008-2013 was 11.4%. Based on latest collated monthly data, imports to year ending in November 2014 fell by 4.0% over the previous year to USD1,113.6mn.



In US dollar terms, exports grew by 19.7% to USD1,707.4mn in 2013, compared with the USD1,426.9mn reported for 2012. In the 2008-2013 period, exports had a CAGR of 13.6%. The value of exports is considerably higher than the value of imports, with a balance of trade surplus of USD534.1mn in 2013. Based on collated monthly data, exports for the year ending in November 2014 rose by 20.4% to reach USD2,023.7mn.

The government has attempted in recent years to encourage domestic manufacturers to expand production into more technologically advanced products but to date the majority still consists of consumables such as rubber gloves and catheters, for which Malaysia is a world leader.


Key Topics Covered:

1. SWOT

2. Medical Device Market

3. Consumables Market Forecast

4. Diagnostic Imaging Market Forecast

5. Dental Products Market Forecast

6. Orthopaedics & Prosthetics Market Forecast

7. Patient Aids Market Forecast

8. Other Medical Devices Market Forecast

9. Annual Medical Device Imports

10. Monthly Medical Device Imports

11. Annual Medical Device Exports

12. Monthly Medical Device Exports

13. Macroeconomic Forecasts

14. Industry Risk Reward Ratings

15. Market Overview

16. Healthcare Funding

17. Healthcare Activity

18. Industry Trends And Developments

19. Regulatory Development

20. Regulatory Framework Overview

21. 2006-2020 Medical Device Production Targets

21. National Medical Device Manufacturing

22. Research & Development

23. Multinational Medical Device Manufacturers

24. Medical Device Market Access

25. Risk/Reward Ratings Methodology

26. Sources

For more information visit http://www.researchandmarkets.com/research/668v4p/the_medical


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