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Eksport peralatan perubatan dijangka cecah RM17 bilion

Berita Harian Online – 22 Julai 2016

oleh Suffian Abu Bakar


KUALA LUMPUR: Eksport Industri peralatan perubatan temp


atan diunjur berkembang 15 peratus kepada RM17.8 bilion tahun ini, kata Pengerusi Industri Perubatan Malaysia (AMMI), Hitendra Joshi. Tahun lalu jumlah eksport industri perubatan tempatan bernilai RM15.53 bilion. Beliau berkata, eksport ahli AMMi tahun lalu dalam segmen itu bernilai RM8.36 bilion, mewakili peningkatan 20 peratus berbanding tahun sebelumnya.


“Ini mewakili lebih 50 peratus daripada jumlah keseluruhan eksport peralatan perubatan Malaysia pada 2015,” katanya. Beliau berkata demikian ketika membentangkan Laporan Tinjauan Peralatan Perubatan AMMI 2016 di Kuala Lumpur sebentar tadi. Hitendra berkata, pelaburan terkumpul ahli AMMI tahun lalu bernilai RM5.09 bilion berbanding pelaburan terkumpul RM4.27 bilion setakat 2014.

Berita Harian Online 22 July 2016

Selanjutnya di : http://www.bharian.com.my/node/175872

Medical device exports to increase to RM17.8 billion


The Borneo Post (23 July 2016)

KUALA LUMPUR: Malaysia’s total exports of medical devices are expected to increase by 15 per cent to RM17.8 billion this year, up from RM15.5 billion in 2015 on the back of huge demand from international markets, especially the US.


The US accounted for 49 per cent of the total world medical devices market worth US$324 billion last year, according to the Medical Device Industry Outlook 2016 report released by the Association of Malaysian Medical Industries.

“In January to May this year, exports of medical devices totalled RM6.3 billion.

“We are confident of achieving this year’s target,” Malaysian Investment Development Authority Deputy Chief Executive Officer, Datuk N. Rajendran, told reporters after the launch of the Medical Device Industry Outlook 2016 Report here yesterday.


Rajendran launched the report on behalf of MIDA Chief Executive Officer, Datuk Azman Mahmud.

Azman said Germany, Belgium and Japan were also the top export destinations for medical devices apart from the US.

Among the major products were surgical and examination gloves, disposable tubes, catheters, ultrasound scanning apparatus, orthopaedic appliances/ instruments devices, sheath contraceptives and contact lenses, he said.


The text of his speech was read by Rajendran.


In the first three months of the year, the approved investments rose by 79 per cent to RM841 million against RM468 million in the corresponding period last year, Azman said.


He said of the amount, 76 per cent was from foreign sources and the remaining 24 per cent was from domestic sources.

“Currently, there are RM1.4 billion worth of medical device projects in the pipeline, so in total, it is still higher as compared with RM1.8 billion of approved investments in last year,” he said.

To date, there are more than 190 medical device companies in the country, mainly dominated by small and medium enterprises and 30 multinational corporations, including those from the US, Germany, Switzerland and Japan, he said. — Bernama



As featured on The Borneo Post, 23 July 2016

Medical device exports to increase to RM17.8 billion



Export Of Medical Tools To Hit RM18b


The Malaysian Reserve (25 July 2016)

Kuala Lumpur 22 July 2016 – Malaysia’s export of medical devices is expected to increase by 15% to RM17.8 billion this year, up from RM15.5 billion in 2015 on the back of huge demand from international markets, especially the US.


The US accounted for 49% of the total world medical devices market worth US$324 billion (RM1.32 trillion) last year, according to the Medical Device Industry Outlook 2016 report released by the Association of Malaysian Medical Industries.

“In January to May this year, exports of medical devices totalled RM6.3 billion.

“We are confident of achieving this year’s target,” Malaysian Investment Development Authority Deputy CEO Datuk N Rajendran told reporters after the launch of the report in Kuala Lumpur last Friday. Rajendran launched it on behalf of Malaysian Investment Development Authority CEO Datuk Azman Mahmud.

Azman said Germany, Belgium and Japan were also the top export destinations for medical devices apart from the US.

Among the major products were surgical and examination gloves, disposable tubes, catheters, ultrasound scanning apparatus, orthopaedic appl iances/ins t rument s devices, sheath contraceptives and contact lenses, he said. The text of his speech was read by Rajendran.

In the first three months of the year, the approved investments rose by 79% to RM841 million against RM468 million in the corresponding period last year, Azman said. He said of the amount, 76% was from foreign sources.

“Currently, there are RM1.4 billion worth of medical device projects in the pipeline, so in total, it is still higher as compared to RM1.8 billion of approved investments last year,” he said.

To date, there are more than 190 medical device companies in the country, mainly dominated by small and medium enterprises and 30 multinational corporations, including those from the US, Germany, Switzerland and Japan, he said. — Bernama



As featured in The Malaysian Reserve, 25 July 2016


http://themalaysianreserve.com/new/story/export-medical-tools-hit-rm18b


Malaysia’s manufacturing medical devices export to reach RM17 billion in 2016


SME Magazine, Asia (26 July 2016)

by Mior Azhar Md Isa

Kuala Lumpur 22 July 2016

–


The AMMI Medical Device Industry Outlook Report 2016 estimates that this year’s export outlook for the medical device industry is expected to reach RM17.8 billion, a 15% growth in total exports from last year. The AMMI Chairman, Hitendra Joshi highlighted that its members’ collective exports last year have increased by 20% to reach RM8.3 billion. This represents more than 50% of Malaysia’s total exports of medical devices of RM15.5 billion in 2015.


The AMMI Chairman also said that its members’ cumulative investments amounted to RM5.09 billion last year, as compared to RM4.27 billion in 2014. The increase reflects investors’ confidence in Malaysia. AMMI’s survey recorded an outstanding value-added ratio of 60% in manufacturing medical devices in Malaysia. A high percentage of about RM1.97 billion or 55% worth of raw materials and services were locally sourced from within Malaysia. This reinforces the country’s standing as an ideal hub for medical device manufacturing.

In tandem with this optimistic outlook, AMMI members are expected to create another 1,900 employment opportunities in 2016 to its current pool of 31,000 skilled workforce. Due to the gradual shift towards higher-value added and frontier medical devices, AMMI members also spent a total of RM45 million in research & development (R&D) activities for the whole of 2015.

On complimenting AMMI’s efforts in putting together this report, Dato’ Azman Mahmud, Chief Executive Officer of MIDA said, “This report certainly serves as a good reference to highlight the opportunities in the medical device industry in the Malaysia. I am sure this report, which is indispensable to industry players at all levels, will give us important insights on the outlook and future prospects of the medical device industry.”

“The medical device industry continues to attract investments both local and foreign. Malaysia has recorded a total of RM8.6 billion investment of implemented projects since 1980s. In the first quarter of 2016, approved investments increased by 79% to RM841 million as compared to RM468 million in the corresponding period last year. This will create 2,380 employment opportunities. About 76% or RM639 million of these investments were from foreign sources, while the balance of 24% or RM201 million were from domestic investments,” said Dato’ Azman.

To date, the medical device industry in Malaysia is made of more than 190 companies dominated by small and medium-sized companies (SMEs). More than 30 Multinational Corporations (MNCs) such as B. Braun Medical (Germany), St. Jude Medical (USA), Haemonetics (USA), Teleflex Medical (USA), CR Bard (USA), Abbott (USA), CIBA Vision (Switzerland) and Toshiba Medical Systems (Japan) have made Malaysia their home for offshore operations.

“We believe that the pace of innovation in this industry will continue to accelerate as new innovations and players revolutionise product development, manufacturing processes and business models. With the established industry ecosystem in the country, we expect more companies to leverage on Malaysia’s excellent competitive advantages and develop expertise in all aspects along the value chain,” he added.

The Medical Device Industry Outlook Report 2016 by the Association of Malaysian Medical Industries (AMMI) was launched at the Malaysian Investment Development Authority (MIDA) HQ today. The report, which focuses on our current status of medical devices based on the survey undertaken among the AMMI members.



As featured in The SME Magazine, Asia (26 July 2016)

http://smemagazine.asia/2016/07/malaysias-manufacturing-medical-devices-export-to-reach-rm17-billion-in-2016/