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The new hotbed for device startups: Bangalore

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15-Aug-16 India now is a springboard for developing medical device companies who envision a big future on a global scale. Of the 37 mn people who are blind, more than 15 mn are from India. Forus Health’s 3nethra device is designed to take a picture of the eye and detect the five major ailments that lead to blindness. [image: Forus Health]

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Firms in aging Thailand bet on demand surge

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15-Aug-16 CT Asia Robotics is one of many Thai firms investing in healthcare for the aged in a country where the working-age population will decline this year. Diaper maker DSG International has seen adult diaper sales grow 30% this year. Another company seeing opportunity in the demographic change is Samaphan Health, which sells mattresses and respiratory products to aid sleep. [image: Reuters / Athit Perawongmetha]

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Investors should explore China’s medical gloves industry

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11-Aug-16 Malaysian and Chinese investors should enter into joint ventures to tap the huge potential for rubber medical gloves in China, given the country’s huge population and low usage of such gloves currently, Malaysia's Plantation Industries & Commodities Minister has said. China's current use of rubber medical gloves is three pairs per capita, compared with 25 pairs per capita globally. [image: The Star]

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Atomo Diagnostics secures AUD4.5 mn in funding

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11-Aug-16 Australian medical device innovator Atomo Diagnostics announced it has raised AUD4.5 mn in new equity from professional investors. Former Macquarie Group Managing Director and CEO Allan Moss said, "Atomo has developed a remarkably user-friendly and accurate testing device which has the potential to assist greatly in detecting HIV and other diseases in Africa and globally." [image: Atomo Diagnostics]

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Malaysia's medtech industry to generate USD2.7 bn

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02-Aug-16 Malaysia’s medical devices sector is expected to contribute MYR11 bn (USD2.7 bn) in exports in 2016, with revenue from the health tourism and pharmaceutical sectors expected to reach MYR1 bn (USD248 mn) and MYR800 mn (USD199 mn) respectively. Malaysia is the largest surgical gloves manufacturer in the world and also makes beds, dental chairs and orthopaedic implants. [image: Free Malaysia Today]

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