04-Feb-16 SThe US and Europe are the traditional leaders in medtech, but others are hot on their heels. China's market is expected to grow at 7.4% until 2019. Medtech companies in Mexico save 19% on manufacturing costs compared with the US. Turkey's industry is expected to grow at 8.5% until 2018, and Malaysia supplies 80% of the world market for catheters. [image: MD+DI]
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21-Jan-16 The Association of Malaysian Medical Industries (AMMI) supports the the Trans-Pacific Partnership, which it expects to provide wider access for exports into TPP countries, especially the US with which Malaysia has no trade agreement. Malaysia's medical devices industry mainly produces disposables, but is moving up the value chain and producing more high value medical devices such as orthopaedics and dialysers. [image: Hafzi Mohamed / TMR]
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05-Jan-16 Indonesia's largest pharmaceutical company, Kalbe Farma, is constructing a biopharmacy raw material manufacturing plant in Cikarang, West Java, scheduled to commence operations in late 2017 or 2018. State-controlled company Kimia Farma also announced recently that it would start constructing a INR100 bn (USD7 mn) raw materials plant in the same location. [image: Kalbe Farma and Kimia Farma]
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29-Dec-15 Samsung Electronics is addressing growing demand for quantified health with an all-in-one chip for health wearables, called a Bio-Processor. Now in mass production, it is specially designed to accelerate development of innovative wearables for consumers who are increasingly monitoring their health. While heart rate alone may have been compelling in the past, measuring a variety of fitness data is now a must. [image: Business Korea]
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27-Dec-15 Japanese health monitor maker Omron Healthcare is looking at more than doubling its revenues in India to USD40 mn by 2018/19, on the back of sales network expansion. The company, which is expecting sales of USD19 mn this year, is also open to the idea of opening a factory in India depending on the demand of its products. [image: Ormon Healthcare].
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