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Malaysia Medical Devices Report Q2 2016

Malaysia Medical Devices Report Q2 2016

BMI View: We expect the Malaysian market to increase by 10.0% in US dollar terms in 2016, up from-4.8% in 2015, due to a smaller depreciation of the Malaysian ringgit against the US dollar. The GST taxwill temper the performance of imports and market growth, however. The Trans-Pacific Partnershipagreement is unlikely to result in rapid import growth, as most medical devices already have a zero rate taxduty.

Latest Updates And Key Updates

We forecast that the market will register a 2014-2019 CAGR of 7.9% in local currency terms, which islower than the 2009-2014 CAGR of 10.9%. In US dollar terms, the 2014-2019 CAGR will be lower, at6.3%, due to the projected depreciation of the Malaysian ringgit in the early part of the forecast period.We expect the market to increase from USD1,470.7mn in 2014 to USD1,998.2mn in 2019.

We believe that import growth will remain negative in US dollar terms in 2016 due to the depreciation ofthe Malaysian ringgit against the US dollar and the impact of the GST tax on imported goods. In the 12months to November 2015, imports fell by 3.8% to USD1,206.4mn.

We expect export performance to remain poor in US dollar terms in 2016, due to weaker demand fromChina, one of Malaysia's largest trade partners. The weakened local currency will make locally-producedmedical devices more attractive to other primary trade partners, however. In the 12 months to November2015, exports increased by 1.5% to USD2.1bn.

We believe that Malaysia would benefit from participating in the Trans-Pacific Partnership (TPP). Costbenefit analyses results show that Malaysia would stand to gain from strong GDP growth and thedevelopment of closer commercial ties with other countries. The TPP could also pave the way forincreased medical device export opportunities, although we would not expect to see a marked increase inimports, as virtually all imported medical devices already have a zero rate import duty.


BMI Industry View
Table: Projected Medical Device Market, 2014-2019
Latest Updates And Key Updates
SWOT
Medical Device Market
Industry Forecast
Medical Device Market Forecast
Latest Updates
Structural Trends
Table: Detailed Medical Device Market By Product Area, 2009-2019 (USDmn)
Consumables Market Forecast
Latest Updates
Structural Trends
Bandages & Dressings
Suturing Materials
Syringes, Needles & Catheters
Other Consumables
Table: Consumables Market, 2009-2019 (USDmn)
Table: Consumables Market, 2010-2019 (USDmn % Change)
Diagnostic Imaging Market Forecast
Latest Updates
Structural Trends
Electrodiagnostic Apparatus
Radiation Apparatus
Imaging Parts & Accessories
Table: Diagnostic Imaging Market, 2009-2019 (USDmn)
Table: Diagnostic Imaging Market, 2010-2019 (USDmn % Change)
Dental Products Market Forecast
Latest Updates
Structural Trends
Capital Equipment
Instruments & Supplies
Table: Dental Products Market, 2009-2019 (USDmn)
Table: Dental Products Market, 2010-2019 (USDmn % Change)
Orthopaedics & Prosthetics Market Forecast
Latest Updates
Structural Trends
Fixation Devices
Artificial Joints
Other Artificial Body Parts
Table: Orthopaedics & Prosthetics Market, 2009-2019 (USDmn)
Table: Orthopaedics & Prosthetics Market, 2010-2019 (USDmn % Change)
Patient Aids Market Forecast
Latest Updates
Structural Trends
Portable Aids
Therapeutic Appliances
Table: Patient Aids Market, 2009-2019 (USDmn)
Table: Patient Aids Market, 2010-2019 (USDmn % Change)
Other Medical Devices Market Forecast
Latest Updates
Structural Trends
Table: Other Medical Devices Market, 2009-2019 (USDmn)
Table: Other Medical Devices Market, 2010-2019 (USDmn % Change)
Annual Medical Device Imports
Table: Medical Device Imports By Product Area, 2010-2014 (USD000s)
Table: Medical Device Imports By Product Area, 2010-2014 (Local Currency 000s)
Table: Top 20 Medical Device Suppliers, 2014 (USD000s)
Table: Detailed Medical Device Imports By Product Area, 2010-2014 (USD000s)
Table: Detailed Medical Device Import Trends By Product Area, 2014
Table: Detailed Leading Medical Device Suppliers By Product Area, 2014 (USD000s)
Monthly Medical Device Imports
Table: Monthly Medical Device Imports By Product Area, Year Ending November 2015 (USDmn)
Annual Medical Device Exports
Table: Medical Device Exports By Product Area, 2010-2014 (USD000s)
Table: Medical Device Exports By Product Area, 2010-2014 (Local Currency 000s)
Table: Top 20 Medical Device Destinations, 2014 (USD000s)
Table: Detailed Medical Device Exports By Product Area, 2010-2014 (USD000s)
Table: Detailed Medical Device Export Trends By Product Area, 2014
Table: Detailed Leading Medical Device Destinations By Product Area, 2014 (USD000s)
Table: Detailed Medical Device Trade Balance, 2010-2014 (USD000s)
Monthly Medical Device Exports
Table: Monthly Medical Device Exports By Product Area, Year Ending November 2015 (USDmn)
Industry Risk/Reward Index
Table: APAC Medical Device Risk/Reward Index, Q216
Market Overview
Medical Device Market Overview
Table: Medical Device Market, Key Ratios, 2014
Table: Medical Device Market By Product Area, 2014
Healthcare Overview
Health Status
Healthcare System
Medical Tourism
Private Healthcare Providers
Healthcare Funding
Healthcare Resources
Table: Medical Device Technology, 2010
Healthcare Activity
Healthcare Personnel
Key Healthcare Data
Table: Key Healthcare Data, 2010-2015
Industry Trends And Developments
Industry Trends & Developments
Regulatory Development
Medical Device Regulations
Medical Devices Authority
Regulations
Table: Risk-Based Classification Of Medical Devices By Type
Regulatory Framework Overview
ASEAN Medical Device Directive (AMMD)
Competitive Landscape
Domestic Medical Device Production
Overview
2008-2013 Medical Device Production
Table: Exports Of Gloves & Catheters, 2008-2013 (MYRmn)
2006-2020 Medical Device Production Targets
Table: Government Medical Device Projections, 2006-2020 (MYRbn)
Domestic Medical Device Manufacturing
Manufacturing
Table: Selected Domestic Medical Equipment Manufacturers
Economic Transformation Programme (ETP) - Healthcare NKEA
Table: Ten New NKEA Healthcare Projects By Job Creation And Value (MYRmn)
Research & Development
National Medical Device Manufacturers
Hartalega Holdings
Table: Hartalaga's Financial Indicators, 2008-2015 (mn)
Kossan Rubber Industries
Riverstone Holdings
Table: Riverstone's Financial Indicators, 2010-2015 (mn)
Sima Medical
Top Glove
Table: Top Glove's Financial Indicators, 2008-2015 (mn)
UWC Holdings
Multinational Medical Device Manufacturers
Abbott
Accelent
Ambu
Ansell Medical
B. Braun Malaysia
Bard
Cardinal Health
Fresenius
GN Resound
Johnson & Johnson
Haemonetics
Nihon Kohden
Opto Circuits
Paramit Corporation
Semperit
Shimadzu
St Jude Medical
Symmetry Medical
Teleflex
Toshiba
Unomedical
Multinational Market Activity
Table: Multinational Market Activity, 2016
Medical Device Market Access
Distribution
Trade Associations
Trade Agreement
Methodology
Forecast Methodology
Trade Code Classifications
Table: Rearranged HS Trade Codes
Risk/Reward Index Methodology
Table: Medical Devices Risk/Reward Index Indicators
Sources
Contact

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