KUALA LUMPUR, June 30 (Bernama) — With its overriding philosophy of seeking to make tomorrow a healthier one for all, Malaysia’s medical devices industry has seen tremendous growth in the design and manufacture of world class products. The sector benefits from the support of the country’s strong ecosystem in the semi-conductor, machinery & equipment, electrical & electronics, metal stamping and plastics industries, which provide the necessary environment to make it an ideal manufacturing location for medical devices.
In 2020, Malaysia’s export of medical devices saw double-digit growth valued at RM29.99 billion or USD7.16 billion. Over 90% of medical devices manufactured in Malaysia are exported to its top ten export destinations: the USA, Germany, Singapore, Japan, Belgium, China, Netherlands, Brazil, UK and Australia. These countries account for more than 70% of the total exports of medical devices.