The scale of the global medical device market in 2014 was USD 340.3 billion. It will reach to USD 405.3 billion in 2017. In summary, the medical device industry shall be focusing on improved medical benefits at reduced costs. The key is to create product value. What is required is not only dealing with critical clinical problems but also improving the value focused medical benefits and value creation centered product innovation by innovative product design, simplified tedious flows of conventional medicine, reduced operation time, and advanced user conveniences.
I、Medical Device Industry Scope
II、Medical Device Industry Review – 2014
III、Emerging Products and Technology Trends
IV、Changes in Competiveness of Taiwanese Suppliers
V、Medical Device Industry Outlook - 2015
Figure 1: Scope of medical device industry in Taiwan
Figure 2: Global medical devices market, 2010~2014 (USD billion)
Figure 3: Medical device industry output in Taiwan, 2009~2013 (TWD billion)
Figure 4: The Radar Chart of International Medical Device Industry Competitiveness
Figure 5: Global medical devices market distribution forecasts, 2014~2017 (USD billion)
Figure 6: Taiwanese medical devices output value forecasts, 2013~2017 (TWD billion)
Table 1: Medical device exports to major countries - 2009~2013 (USD million)