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About CUUMED
News & Events
FAQ
Contact Us
Featured Products
Interventional Cardiology
Endoscope
Catheter Coating Solutions
Micro Injection Molding
Medical Plastic Films
Catheter Contract Manufacturing
Catheter Machine
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NEWS
NEWS
Oct 04, 2019
2019 CMEF Qingdao
Aug 01, 2019
2019 Medtec China
Jul 31, 2019
2019 MEDICAL FAIR THAILAND
Jun 18, 2019
2019 TAIWAN MCMEX
我們將會參加台灣國際醫材製造及零組件展!
Apr 26, 2019
2019 CMEF Shanghai
See you at
Hall 5.1 Booth No. U48
Jun 29, 2018
MEDICAL MANUFACTURING ASIA 2018
Size of middle class in the region is rapidly expanding. Asian Development Bank expects this group to grow from 24% of the total population in 2010 to 65% by 2030. Additionally, demographic trends such as population aging and urbanisation, is expected to fuel demand for better quality healthcare, and contribute to the expansion of Southeast Asia’s medical device market.
Penetration of medical devices into ASEAN is still relatively low, thus, there is much room for growth and market expansion. The heterogeneity of the ASEAN market allows medical device companies to adopt different market strategies and provides ample room for device segmentation
Another important consideration for medical device companies entering the ASEAN market is the lack of domestic competition in the region. Overall, ASEAN is a net importer of medical devices. Vietnam for example, currently imports 90% of all the medical devices used in the country.
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