Increasing demand for custom surgical implants and growing investment in R&D will help the sector experience significant growth over the next five years.
Although opportunities in Japan are still considerable, foreign device companies need to do their homework to be successful.
Despite the high stakes of data vulnerabilities to the entire healthcare system, governments in Asia lag behind in mandating cybersecurity measures, leaving manufacturers to install and maintain systems to protect against cyber criminals.
Fueled by an urgent need for diagnostic testing to respond to COVID-19, the in-vitro diagnostics market is experiencing explosive growth across Asia and around the globe.
COVID-19 is driving patients to seek telehealth solutions, and it won’t be a short-term boom.
With the Covid-19 pandemic increasingly forcing healthcare testing, diagnosis and treatment online, the promise of augmented and virtual reality is drawing deepening interest in Asia’s medtech market.
From artificial intelligence to autonomous sterilization robots to drones, emerging technologies are playing a strong role in combating COVID-19.
The Chinese government is investing heavily in the development of new technologies that leverage AI. This includes solutions to address the COVID-19 outbreak.
Across the continent, governments and hospitals are purchasing robotics systems from abroad as well as developing the technologies themselves.
This mode of personalized medicine helps doctors make more informed decisions related to drug therapies.