Malaysia’s Medical Devices Industry: Immense Growth Potential

The medical devices industry in Malaysia is poised for growth and development, well supported by a condusive environment for manufacturing and investment, and a healthcare system that is mature and globally recognised. Notably, Malaysia’s healthcare system has been lauded by the World Health Organisation (WHO) as a sustainable model which is accessible and affordable by all, served by both the public and private sectors. The Government continues to prioritise national health and wellbeing as it has been laid out as one of the three main themes of the Twelfth Malaysia Plan (12MP) 2021-2025 and will undertake a medium-to long-term reform of its healthcare sector while gradually aiming to increase healthcare spending every year towards maintaining a world-class healthcare system.