Taiwan medical equipment output could hit USD6 bn by 2020
04-Nov-15, The China Post
The production value of Taiwan's medical equipment sector is expected to reach NT$200 billion (US$6.13 billion) in 2020 as the government will help local manufacturers to launch new applications, the Ministry of Economic Affairs said.
Image: Focus Taiwan
Wu Ming-ji, director general of the MOEA's Industrial Development Bureau, said the government will encourage Taiwanese medical equipment suppliers to pool and maximize their resources to compete with their foreign rivals in the world market.
In addition, Wu said, the government will help Taiwanese transfer their designs and concepts to manufacturing to boost their global visibility.