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Medical Devices Industry
Medical Devices Industry
In Malaysia, the medical devices industry spans a wide range of industries from
rubber and latex, textiles, plastics, machinery and engineering support and
electronics.
Under the Eleventh Malaysia Plan (RMK-11), the Government has identified medical
devices as one of the high potential growth sectors. The industry has also been
identified as one of the growth areas under the Healthcare NKEA under which eight
(8) EPPs were announced and targeted to contribute RM17.1 billion in revenue and
RM11.4 billion in GNI, as well as generate 86,000 jobs by 2020.
There are approximately more than 200 medical devices manufacturers, mainly the
small and medium entreprises (SMEs) manufacturing medical gloves. However, the
industry also includes higher value-added and technologically advanced products
such as cardiac pacemakers, stents, orthopaedic implantable devices, electro-
medical, therapeutic and monitoring devices. Major local producers include:
Thera are currently more than 30 MNCs producing high value-added medical
devices, making Malaysia their offshore location for manufacturing operations, such
as Agilent, B. Braun, St. Jude Medical, C.R. Bard, Symmetry Medical, Teleflex,
Resmed, Ciba Vision, Kelpac Medical, Ambu, Toshiba Medical Systems and
Haemonetics.
− Local Companies:
− Foreign Companies:
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I. PROMOTED ACTIVITIES & TARGETED PRODUCTS
- General List
- High Technology List
- Strategic Project Incentives
- Reinvestment Allowance
- Automation Capital Allowance Expenditure (ACA)
Targeted products
- Electromedical equipment
- Cardiovascular devices
- Orthopaedic devices
- In-vitro diagnostic products
- Wound care management products
- Products from convergence of technology (medical devices/ pharmaceutical/
electronics/ ICT/IoT/ 3D Printing)
II. POLICIES
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III. TRADE IN MEDICAL DEVICES INDUSTRY
Export
Year Total (RM million)
2013 RM 11,900
2014 RM 13,400
2015 RM 15,533
2016 RM 15,841
Import
Year Total (RM million)
2013 RM 3,417
2014 RM 3,943
2015 RM 4,424
2016 RM 4,544
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Total trade for 2016 was valued at RM20.4billion. In terms of trade, exports of
medical devices in 2016 amounted to RM15.8 billion, an increase of 2% as
compared to RM15.5 billion in 2015. Major exports in 2016 were:
Top 5 export destinations in 2016 were the US (RM4.1 billion), Germany (RM1.7
billion), Belgium (RM1.6 billion), Japan (RM1.2 billion), and Singapore (RM1 Billion)
Top 5 import destinations in 2016 were the US (RM0.9 billion), Singapore (RM0.7
billion), China (RM0.6 billion), Germany (RM0.5 billion), and Japan (RM0.4 billion).
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IV. INVESTMENT
No of projects 43 42 30 41 156
Domestic
1,330 1,225 1,200 1,279
Investment 5,034
(27.7%) (54.5%) (66.7%) (44.6%)
(RM mil.)
Foreign
3,391 1,000 603 1,588
Investment 6,582
(72.3%) (45.5%) (33.3%) (55.4%)
(RM mil.)
Total (RM mil.) 4,721 2,225 1,803 2.867 11,616
No of projects 31 27 19
Domestic Investment
3,100 552 479
(RM mil.)
Foreign Investment
1,400 543 191
(RM mil.)
Total (RM mil.) 4,500 1,095 670
In 2015, a total of 30 projects with investments orth RM1.8 billion were approved. Of
this, 19 projects (RM670 million) have been implemented. While in 2016, a total of
41 projects were approved.
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