12-Feb-16 Foreigners will be allowed to own a majority of up to 67% of businesses in Indonesia's healthcare sector, as part of sweeping reforms to liberalise its economy. Sectors ranging from fishery to retail - 49 in all - will be affected, with non-citizens able to take up 100% holdings in pharmaceutical raw material manufacturing firms. [image: AFP]

08-Feb-16 Medical device manufacturer Medtronic has confirmed plans to promote its products and expand its presence in the Mexican market. Medtronic operates six factories in the country, although its devices are not commercialised in Mexico as patients and professionals are not familiar with their usage, which is a challenge for the company. [image: Medtronic]

09-Feb-16 Australia has a supportive R&D environment and renowned academic institutions. The country outpaces the US in terms of medtech sales per capita: USD10.2 bn in 2012/13 for its 23 mn people, while US revenue was USD110 bn in 2015 for a population of 319 million. The top three therapeutic areas are cardiovascular, anesthesia, and musculoskeletal. [image: MD+DI]

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]

03-Feb-16 Italy's medical device companies are looking at the development potential in China, one of the markets where Italy's exports of medical devices have increased the most - by 24% in 2014 - with an export value of EUR310 mn (USD430 mn). Italian companies already present in China include DiaSorin, a biotech group specialized in in-vitro diagnostics. [image: Ambasciata d'Italia Pechino]