About MedTech in Malaysia

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. It also includes diagnostic imaging equipment and minimal invasive surgery equipment as well as other devices used for surgical, dental, optical and general health purposes.

The Malaysian medical devices industry consists of three main types of industry players:

• Manufacturers
• Suppliers of raw materials and services to the medical device manufacturing companies;
• Importers and exporters of medical devices.

Malaysia is an ideal location for investments in the medical devices sector due to its strong Intellectual Property (IP) protection regime and strategic geographic location. Other factors include

• Highly skilled human resources in production and management
• Unsaturated domestic market with high growth potential.
• The government through Malaysian Investment Development Authority (MIDA) has been introducing incentives to attract foreign investors to invest in the Malaysian market

There is potential to further develop Malaysia as a Medical Devices Hub for both R&D and manufacturing in view of the strong supporting industries for medical devices, ranging from sterilisation services, sterile medical packaging, precision engineering, tool and die making, medical compounding to contract moulding, assembly and machinery fabrication, as well as electronics manufacturing services. The availability of these supporting industries has enhanced Malaysia’s position as an outsourcing destination and global supplier of parts and components for major medical devices and equipment companies.

To know more about medical device industry in Malaysia, AMMI has published the Medical Device Industry Outlook Report 2016 for sale. To purchase, click here.