Asian medical device

With a growth rate of 6. While some parts of Asia are experiencing high population growth, other countries such as Japan and China are facing the problem of accelerated ageing population. For instance, Japan is estimated to have With the current Asian lifestyle, the prevalence of chronic diseases such as diabetes, cancer, obesity and cardiovascular diseases has increased significantly. Other diseases that threaten the region include auto-immune diseases, infectious diseases and neurological disorders. Accelerated ageing population and increasing prevalence of chronic diseases are the key drivers that contribute towards the increase in total healthcare expenditure on medical devices in the region.
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Medical Device Distributor Search in Asia

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Medical Device Market | Asian Hospital

The economic boom has boosted per capita income across the region and with it, the growing middle class now demands more and better quality medical devices. Strong demand for Asian medical devices has delivered sales growth of Despite global economic uncertainty, medical device companies are more optimistic about than they were about , with the expected growth opportunities driven by ageing populations and growing middle classes in emerging markets, including Brazil, India and China. In term of regulation, medical device regulations are the key challenge faced by device manufacturers in the Asian region, followed by new product development and price pressure. Mid-sized and large companies struggle with regulatory issues more than smaller companies. This may be due to the fact that larger companies are more likely to sell in markets with less transparent regulatory systems. Thus, foreign medical device companies will take advantage of opportunities to navigate the ASEAN regulatory environment, which is fraught with variations of standards for product registration, distribution and post-market surveillance, or do not exist at all in some countries, e.
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Program Description

We can help you build a strong, reliable distributor network to maximize your sales in Asia. Finding the right medical distributors in Asia can be a difficult process. Knowing the right questions to ask and performing extensive due diligence are crucial to finding the most qualified and trustworthy Asian distributors. You should not sign contracts with medical device distributors in Asia until you have conducted a thorough analysis of the success rate of their past medical sales. In order to find the most suitable distributors in each specific Asian market, targeted questions are necessary, such as the following:.
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This program provides a country-by-country review of the regulatory, quality assurance, and clinical data requirements in the Asia-Pacific region, including product classification systems and market access procedures. Please note that many Asia-Pacific countries require submissions in their national language; the courses in this program will provide local terminology where appropriate and useful. The courses will also explain when local representatives are needed and how these parties must comply with national requirements as a representative of the manufacturer.
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