The medical instruments and supplies industry in Malaysia has been experiencing steady growth in recent years, with key statistics from 2022 indicating a positive outlook for the sector. In this article, we will explore the factors contributing to the industry's growth and success, including government initiatives, and examine the key trends, challenges, and future outlook for the sector.
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NAVIRA MEDITECH SDN BHD
5
+60 5-285 0038 admin@navirameditech.com
NAVIRA MEDITECH SDN. BHD. is a leading provider of comprehensive non clinical services to the healthcare institutions in Malaysia. Our core specialisation is in the Biomedical Engineering Maintenance Services (BEMS), whereby we have been serving the sector nationwide with a commendable track record by delivering notable results. With a combined experience of decades serving in BEMS sector, we understand that biomedical equipment requires proper maintenance and stipulated response in order to function optimally. Therefore, we undertake our tasks with utmost dedication and commitment, ensuring our clients hospital assets are operating efficiently.
AMIOSH RESOURCES SDN. BHD.
19
+60 11-4022 8157 info.admin@amiosh.com
Greetings from AMIOSH, Your Trusted HSE Partner. We are one of consultants that help you manage Health, Safety, and Environmental concerns at your workplace. Whats special about us? AMIOSH Resources Sdn. Bhd. is IS0 45001 certified and we uphold maximum efforts and resources to comply with all local Occupational Health and Safety (OHS) laws and regulations for every aspect of our business operation. We provide services in the field as follows: - Occupational Health - Industrial Hygiene and Environment - ISO Management System - Safety and Engineering - Disinfection and Sanitization
PERDANA UNIVERSITY
93
+60 19-912 6828 enquiry@perdanauniversity.edu.my
Perdana University is a leading institution in Malaysia focused on providing high-quality education in medicine, business, data science and the health sciences. Here are 5 Schools available at Perdana University; 1. Perdana Universitys Graduate School of Medicine 2. Perdana Universitys School of Business 3. Perdana Universitys School of Occupational Therapy 4. Perdana Universitys School of Data Science 5. Perdana Universitys School of Liberal Arts, Science and Technology
AEROMEDICAL GLOBAL
5
(blank) ops@aeromedicalglobal.com.my
Aeromedical Global, also known as AMG was incorporated in Malaysia by a group of assistance specialist and veterans. AMG has been the backbone to supply medical related services such as escort doctor, nurses, paramedics together with air ambulance, ground transfers and other medical services. Our experienced, knowledge and quality has been the main key points to convert traumatic experience into worry less and smooth journey which ensures satisfaction and a smile on our clients face. Our missions are all successfully completed on a timely and professional manner. At AMG, our expertise in medical and travel industries enables us to be second to none in managing complex and critical situations to provide solutions both locally and worldwide, ensuring our clients reputations are protected 24/7. AMG also focus on the costing factor hence enables us to control and reduce costs for all our clients. This promises outstanding services with competitive costs. Our services are but not lim…
S.H. CHOOI FASTENERS
8
+60 4-261 3001 sales@shchooi.com
Founded in 1980, S.H. Chooi Fasteners, an ISO 9001-2015 certified company, is the specialist in automotive, industrial, consumer and custom screws manufacturing, each providing tailored local inventory and personal service for our customers catering to clients ranging from SMEs to Fortune 500 companies worldwide. S.H. Chooi Fasteners founder Swee Hock put the companys basic principles into words that would drive the company into 38 years of continued business development -- Growth Through Consistency, Reliability and Service. Working within our decentralized location, our store personnel work towards supporting local customers – managing inventory of our two warehouses in Penang, Malaysia, sourcing new products, making deliveries, and applying our services, solutions and specialists to drive continual business growth. Aside from manufacturing Moon Arrow™ fasteners, the industries that we currently serve include automotive machinery (TS16949), MRO, OEM, construction, aerospace, medica…
IDEAL HEALTHCARE SDN. BHD.
40
+60 4-422 8775 info@idealcare.com.my
Ideal Healthcare Sdn Bhd (IHSB) was established in 1999. Since its inception, the company has been devoted to the distribution and manufacturer of medical disposable and healthcare products to hospitals, distributors and retailers. Through the years, IHSB has maintained its focus on serving the needs of its customers - to provide high quality products and services at extremely competitive price. Ideal Healthcare range of products includes medical disposable products particularly in the fields of urology, anesthesia and respiratory, stethoscopes, blood pressure monitors, wheel chairs and other healthcare products. Apart from specializing in these fields, it also supplies laboratory, surgical and dental equipment. It has been amongst the leading distributors & manufacturer of medical disposable and healthcare products in Malaysia. Through its excellent reputation in quality and customer oriented service IHSB has been validated as supplier to the Malaysian Government and recognized by i…
JAPAN AIR SOLUTION (M) SDN. BHD.
5
+60 4-637 0787 (blank)
We deliver air quality control solutions, and manufacture HVAC equipment in Malaysia. With knowledge and experiences in improving manufacturing and research environment and, we support automotive companies, electronics companies, plastic film and sheeting manufactures, medical equipment manufacturers among others to improve product quality and operational efficiency. To meet the social needs, we also developed air contamination control products for healthcare professionals and public facility managers. Some of them are now available in Malaysia and Thailand.
IBS MEDICAL EQUIPMENTS
4
+60 12-657 2400 sales@ibsmedic.com
IBS Medical Equipment was established in 2016 with 30 employees. The company is headquartered in Malaysia. We also have branches in Myanmar and Laos. The primary services of IBS cater hospitals and private clinics in terms of sales, applications and training. The specialization of IBS is providing non-invasive and minimally invasive surgical instruments from USA, Europe, Asia and other parts of the world. IBS understands the needs of the customers before delivering its comprehensive services.
ACTIV LIFE MY
5
+60 12-616 1995 info@activlife.my
Distributors of uniquely cutting-edge medical equipment that adhere to the highest standards of quality.
IDEAL HEALTHCARE SDN. BHD.
43
+60 4-422 8775 info@idealcare.com.my
Ideal Healthcare Sdn Bhd (IHSB) is a medical device manufacturing company that specializes in the production of medical disposable products for Urology, Anesthesia, Respiratory, Infusion Transfusion Therapy, and Procedure Sets. Their products are of superior quality and are available at a competitive price. IHSB ensures the safety and performance of their products by implementing ISO 13485:2016 Quality Management System, Good Distribution Practice for Medical Device (GDPMD), and complying with National/International Medical Devices Regulation. IHSB has established itself as a noticeable competitor to many Multi-National Corporations in the medical device industry both domestically and globally. IHSB is a substantial supplier to the Ministry of Health Malaysia since 2000, supplying its products to government hospitals, healthcare centers, clinics, and institutions throughout Malaysia. They have also penetrated the market of more than 20 countries in the South East Asia, Middle East an…
BEACON HOSPITAL
273
+60 3-7620 7979 info@beaconhospital.com.my
Started as a sole cancer centre in 2005, Beacon Hospital has now expanded to a multidisciplinary hospital with 8 Centres of Excellence led by a team of specialised, professional and experienced senior consultants coupled with our best equipped technologies. Our 8 Centres of Excellence are as follow: • Cancer Centre • Brain & Spine Centre • Bone & Joint Centre • Eye Centre • Mens Health & Urology Centre • Womens Health Centre • Health Screening & Wellness Centre • Clinical Research Centre Our philosophy is to provide the highest quality health care services to all our patients effectively, efficiently and compassionately. We are highly committed to provide the best support to our patient, their family members and caregivers. To vouch for our strong commitment in providing the best possible treatment for our patients, we provide the latest medical equipment such as Halcyon Radiotherapy, TrueBeam®Radiotherapy, Positron Emission Tomography (PET) and Computed Tomography (PET/CT) a…
KPJ KLANG SPECIALIST HOSPITAL
119
+60 3-3377 7888 (blank)
KPJ Klang Specialist Hospital (KLGSH) is the KPJ groups 21st hospital. A multi-specialty one stop tertiary care hospital of international standard, KLGSH is fully committed in the pursuance of excellence by maintaining and providing exceptional standards on patient-care and delivering quality service with compassion. A 120 beds acute care private medical facility equipped with modern operating theatres and medical equipment that incorporates the current technology, KLGSH is supported by a team of world class medical expertise and dedicated healthcare professionals. KLGSH is ideally located and aesthetically laid out within the beautiful, well developed and busy township of Bandar Baru Klang and is easily accessible from the KL-Klang Federal Highway, Kesas Highway, Lebuhraya Damansara Puchong (LDP), Ekspressway Lingkaran Tengah (ELITE) and New Klang Valley Expressway (NKVE). KLGSH is also connected to various expressways i.e. to the Kuala Lumpur International Airport (KLIA) and the Se…
IDEAL NAUTICARE SDN BHD
7
+60 3-3381 7983 admin@idealnauticare.com
IDEAL NAUTICARE SDN BHD established in February 2015 in response to Malaysian Marine Department announcement to enforce the Malaysia Shipping Notice 8/2013. The aim is to ensure that each ship with Malaysias flag has a certificate of adequacy of Medicines Chest. Our responsibility is to serve and help the ships owner to conform to the requirement and specifications as outlined in the International Medical Guide for Ships (IMGS 3rd edition). Hence to assist the ships owner to get certification of medicines chest from scratch to the end. IDEAL NAUTICARE SDN BHD owned 2 pharmacy outlet named Farmasi Ideal which are progressive, independent, vibrant retail shop located in a mix and mature community in Kampung Jawa and Jalan Kebun Klang. The major business is primarily in operating a community pharmacy including retailing of pharmaceutical and healthcare and personal products.
CVS MEDICAL SDN BHD
10
+60 3-7652 1089 sales@cvsmedical.com.my
Leading medical equipment and devices provider in Malaysia, specializing in the area of cardiovascular products and services.
GETZ HEALTHCARE
181
+61 2 9413 6200 info.sg@getzhealthcare.com
Getz Healthcare is proud to be recognized as the leading distributor of medical equipment, devices and consumables, in Asia Pacific. We are an ISO 9001:2015 certified company, and we partner with leading manufacturers in medical technology, to offer a wide range of innovative and high-quality products & solutions, enabling our customers to focus on whats important – providing better care for their patients. Headquartered in Singapore, we have been operating in the Asia region for over 110 years, serving over 7,500 customers, from our 23 offices and distribution centers, spread across Australia, Hong Kong, Malaysia, New Zealand, Pakistan, Philippines, Taiwan, Thailand and Vietnam. Getz Healthcare is part of The Getz Group of companies. Our mission is to bring meaningful healthcare solutions to the people of Asia Pacific. For more information, visit Getz Healthcare at www.getzhealthcare.com
UMMI SURGICAL SDN BHD
47
+60 4-282 3688 info@ummisurgical.com.my
UMMI Surgical Sdn Bhd is a medical device distributor based in Malaysia.
MEDICONSULT SDN BHD
44
+60 3-4253 3200 info@mediconsult.com.my
Mediconsult Sdn. Bhd. is a provider of consulting services in the fields of health facility planning, medical technology planning, procurement management & logistics, public health and healthcare information systems. Since its inception in 1993 , Mediconsult has undertaken consulting assignments in China, India, Indonesia, Jamaica, Kenya, Kyrgyzstan, Malawi, Malaysia, Nepal, Pakistan and Vietnam, among other countries. Our work with private and public stakeholders in the field of Health Systems and Public Health planning and development in these different countries and environments has required us to view and evaluate our clients needs from multiple perspectives, including differing values and delivery systems. This depth of experience together with our industry specific knowledge provides us a distinct advantage in understanding the factors that contribute to the needs of our clients and their operational success.
DELTA MEDISAINS (M) SDN BHD
15
+60 3-8023 8189 sales@dmsgrp.com
About Delta Medisains Founded in 1993, today Delta Medisains (M) Sdn Bhd provides innovative solutions for key healthcare service providers. We use cutting edge technologies to manufacture biomedical equipment and products for a range of sectors including government, university, military and private hospitals. With a great team of highly skilled and experienced medical industry professionals and technically trained engineers, we will always go above and beyond to achieve the highest standards and quality service our clients have come to expect. We know how vital it is to deliver the highest standards of healthcare while continuing to maintain a cost-effective operation. So we make it our mission to provide you with high quality, cutting edge products across a range of medical disciplines. Our equipment will enable you to broaden your scope of expertise and increase your capacity to treat your patients effectively and efficiently. Our innovative and cost-efficient healthcare solutions…
FIAMMA HOLDINGS BERHAD
40
+60 3-6279 8888 infocorp@fiamma.com.my
Fiamma Holdings Berhad (Fiamma) began its trading operations in a shophouse in Johor Bahru in 1979, under Fiamma Sdn Bhd, the maiden company of the Fiamma Group. With an initial staff of five, Fiamma began the distribution of the cooking range of electrical home appliances under the ELBA and FABER brand names. Despite its humble beginnings and small workforce, the company was big on ideas and growth plans. Fiamma expanded its activities to Kuala Lumpur (where its head office is based today) and Penang. Fiamma eventually expanded its distribution network throughout Malaysia. Today, Fiamma represents some of the major names in electrical home appliances, sanitary ware, bathroom accessories, home furniture, medical devices and healthcare products. Fiamma also ventured into the Property Development and Property Investment business. The first project in Kuala Lumpur, Menara Centara office suites in Jalan Tuanku Abdul Rahman, was completed in March 2015. The development in Taman Kota Jaya …
BERKAT OSH SERVICES SDN BHD
46
+60 3-8690 3001 info@berkat-osh.com
Key provider in Occupational Health & Safety (OSH) and Travel Health services in Malaysia. Formed in 2007, we have the expertise & flexibilities to cater for a wide range of organization such as: - Oil & Gas Industries - Construction - Logistics - Manufacturing - Agricultural & etc Integrated Comprehensive OSH Services covers from preventive and control measures, up to recommendations on improvements. Committed to provide clients with utmost professionalism and care as we have dedicated and qualified professionals to ensure that your needs are thoroughly fulfilled.
Top Medical Devices Companies in Malaysia
Key Statistics from 2022:
In 2022, the medical instruments and supplies industry employed over 15,000 people. The industry has witnessed steady growth in recent years, with total revenue in the sector reaching RM 5.8 billion in 2022. This represents a 4% increase compared to the previous year's revenue of RM 5.6 billion. The industry's contribution to the country's GDP has also increased, with the sector now accounting for 0.7% of Malaysia's total GDP.
Factors Contributing to Growth and Success:
Several factors have contributed to the medical instruments and supplies industry's growth and success in Malaysia. One of the key drivers of growth has been the government's efforts to promote the industry through various initiatives. For example, the government has invested in research and development activities, which have led to the development of innovative medical instruments and supplies. This has helped to improve the quality of healthcare services in the country, attracting both local and foreign patients.
The government has also implemented policies to encourage the growth of the medical devices industry, providing financial assistance and other incentives to local manufacturers. This has resulted in the establishment of several local medical device manufacturers, which have helped to boost the industry's growth and competitiveness.
Industry Growth and Comparison to Previous Years:
The medical instruments and supplies industry in Malaysia has been growing steadily in recent years, with a compound annual growth rate of 4% from 2017 to 2022. The industry can be divided into two main segments: medical devices and medical supplies. The medical devices segment is the larger of the two segments, accounting for over 70% of total revenue in 2022. The medical supplies segment has also witnessed significant growth, with revenue increasing by 3% in 2022.
Compared to the previous year, the industry's overall revenue grew by 4% in 2022. The medical devices segment witnessed the highest growth, with revenue increasing by 5%, while the medical supplies segment grew by 3%.
Key Trends:
Technological disruptions have been a major trend in the medical instruments and supplies industry in Malaysia, with many companies adopting digital solutions to improve their operations and customer engagement. For example, some companies have implemented telemedicine solutions, enabling patients to consult with doctors remotely. Others have invested in data analytics and artificial intelligence technologies to improve their supply chain management and inventory control.
Another trend in the industry is the growing demand for personalized medical devices and supplies. This trend is being driven by the increasing prevalence of chronic diseases and the need for customized treatment options. Many companies have responded to this trend by launching new product lines, such as personalized orthopedic implants and prosthetics.
Challenges:
Despite the industry's positive growth and outlook, there are several challenges that could impact its future performance. One of the major challenges is the increasing competition from imported medical devices and supplies, which are often cheaper and of higher quality than local products. This could impact the growth of domestic manufacturers and limit their ability to compete in the market.
Another challenge is the government's strict regulations on medical devices and supplies, which could limit the industry's ability to innovate and introduce new products. Additionally, the high cost of medical devices and supplies could limit access to healthcare services for some patients.
Future Outlook:
However, the industry's future outlook remains positive, with several factors indicating continued growth and success. The government's continued support for the industry, through initiatives such as research and development funding and financial assistance for local manufacturers, is expected to boost the industry's growth and competitiveness.
Furthermore, the growing demand for personalized medical devices and supplies presents an opportunity for the industry to diversify and cater to a wider range of patient needs. This could help to attract new customers and improve the industry's revenue.
Conclusion:
In conclusion, the medical instruments and supplies industry in Malaysia has been experiencing steady growth in recent years, with key statistics from 2022 indicating a positive outlook for the sector. Government initiatives, such as research and development funding and financial assistance for local manufacturers, have been key drivers of growth and competitiveness in the industry.
Technological disruptions and the growing demand for personalized medical devices and supplies are among the key trends in the industry, presenting opportunities for companies to improve their operations and cater to a wider range of patient needs.
While challenges such as increasing competition from imported products and strict regulations remain a concern, the industry's future outlook remains positive, with continued support from the government and opportunities for growth and diversification.
