Category Archives: News & Publications

The Edge Markets, 2 August 2017

KUALA LUMPUR (Aug 2): Malaysia’s medical device exports is expected to increase by 12% this year to RM17.74 billion, from RM15.84 billion last year, according to the Association of Malaysian Medical Industries (AMMI).

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Of the amount, AMMI chairman Hitendra Joshi said AMMI expects its member export contribution to total medical device exports to be about the same as last year’s, which was more than half. In 2016, collective member exports rose 17% to RM9.7 billion.

He said this year, over 70% of AMMI’s 63 members are expected to invest a total of RM1.4 billion in the country, signaling strong investor confidence in the country.

“Malaysia has a strong position in medical device and the global demand is increasing, mainly in Asean and China,” said Joshi at the launch of the AMMI Medical Device Industry Outlook Report 2017 today.

Joshi further added AMMI recorded a value-added ratio of 57% in manufacturing medical devices, with RM2.84 billion or 63% worth of raw materials and services being locally sourced.

Meanwhile, Malaysian Investment Development Authority (MIDA) chief executive officer Datuk Azman Mahmud said Malaysia continues to evolve as a hub for medical device manufacturing, with over 200 medical device manufacturing companies thriving within a well-connected ecosystem.

According to MIDA, for the first half of this year, a total of 16 projects worth RM1.95 billion have been approved in Malaysia, mainly from foreign investors.

This is an increase from the same corresponding period last year, which saw 23 projects approved for RM1.59 billion, MIDA added.

For the full year 2016, a total of 41 projects amounting to RM2.9 billion investments were approved in the medical devices sector.

“While the medical device industry sees a bright future ahead, emerging challenges such as digitalisation, consumer empowerment and new competitors are fast reshaping its overall landscape.

“The pace of innovation in this industry will also continue to accelerate due to the country’s movement towards Industry 4.0; therefore, we must be willing to shift their mindset, embrace technology, adopt research and development, as well as keep innovating,” Azman added.

As see in The Edge Markets Online

http://www.theedgemarkets.com/article/malaysias-medical-device-exports-increase-rm1774b-year-says-association

New Straits Times, 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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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.

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“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

As seen in Nanyang Siang Pau – 23 July 2016

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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