Category Archives: News & Publications

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.

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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

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.

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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

SME Magazine, Asia (26 July 2016)

by Mior Azhar Md Isa

Kuala Lumpur 22 July 2016

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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.

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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/

Bernama News (22 July 2016)

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.

21 January 2016, Kuala Lumpur


– The Association of Malaysian Medical Industries (AMMI) supports the signing of the Trans-Pacific Partnership Agreement (TPPA) to provide wider access for ‘Made-in-Malaysia” medical devices into TPPA countries especially the US with whom Malaysia has no trade agreement.

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The medical device industry in Malaysia is dominated by both MNCs and large local companies engaged in the production of surgical gloves, surgical instruments, intravenous catheters, contraceptives and other medical disposable products. Exports of medical devices by AMMI member companies continue to register double digit growth.  With this trend set to continue, Malaysia is moving up the value chain in the production of medical devices.  High value medical devices manufactured in Malaysia are orthopaedic products, dialysers, surgical implants, medical electrodes, diagnostic radiographic equipment, pacemakers, defibrillators and ophthalmic lenses.

The medical device industry has been identified under the 11

^th

Malaysian Plan (RMK-11) as one of the high potential growth industries and plays a critical role in strengthening the healthcare landscape of this country. The reliability of “Made in Malaysia” medical devices are  being recognised worldwide and this has resulted in a 1 3% increase in total exports ; from RM11.9 billion in 2013 to RM13.5 billion in 2014

In the context of exports, AMMI believes that TPPA will enable medical device manufacturers located in Malaysia to further grow their exports to the TPPA countries and for Malaysia to attract more Foreign Direct Investment (FDI) in medical device manufacturing.

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About AMMI

Formed in 1989, the Association of Malaysian Medical Industries (AMMI), represents leading medical device manufacturing companies in the medical technology industry in Malaysia.  AMMI currently has 59 member companies and collectively, they account for more than half of the total export revenue for “Made-in-Malaysia” medical devices.  AMMI members share a common commitment to quality and are reputable international and local firms that strictly adhere to the quality management system codes laid down by governmental agencies.

AMMI companies continue to be the growth base of the medical device industry in Malaysia and consist of three main types of industry players: manufacturers; suppliers of raw materials and services to the medical devices manufacturing companies; and importers and exporters of medical devices, all of whom employ a sizable workforce in their production facilities.

Media Release – For Immediate Release



Media Contact


Association of Malaysian Medical Industries



Email    : secretariat@ammi.com.my



Ms. Melissa Khoo – Tel : 016 4224 818



Mr. Ching Choon Siong – Tel : 012 4766 558