Top Medical Devices Companies in Philippines

The medical instruments and supplies industry in the Philippines has experienced significant growth in recent years, driven by various factors such as the nation's expanding healthcare sector, government support, and technological advancements. This article delves into key statistics from 2022, factors contributing to the industry's growth and success, comparisons with previous years, key trends including technological disruptions, challenges, and future outlook.

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CompanyHeadcountContactDescriptionDecision Maker
CHIRON TECHNOLOGIES CORPORATION4 +63 2 7914 3781
info@chirontc.com

Chiron Technologies Corporation provides all your Medical Equipment Maintanance needs including Test Equipment Sales and Calibration, Medical Equipment Repair, Preventive Maintenance and Calibration. Chiron is also the Authorized Distributor of Fluke Biomedical and Raysafe in the Philippines.

MEDASIA MEDICAL PRODUCTS CORPORATION17 +63 922 808 7294
info@medasia.com.ph

Medasia Medical Products Corporation is a duly registered corporation under the Securities and Exchange Commission (SEC) dated June 28, 2007, under Reg. No. 200709957. The corporations primary purpose is to engage in the business of importing and trading of goods, such as medical supplies, pharmaceutical products and laboratory equipments on a wholesale basis. As a medical and hospital supplies/equipment importer/wholesaler, we are issued accreditation certificate by the Bureau of Food and Drugs of the Department of Health under License to Operate (LTO) Number MNDRD-RDI-MM-MDI-1077 Medasia Medical Products Corporation is professionally managed by a group of talented executives with combined experience of more than 60 years in sales and distribution. Our extensive nationwide network covers more than 1,000 value added medical resellers, wholesalers and drugstore chains. In case you are looking for a trustworthy distributor to expand your market presence in the Philippines, or if you …

SHIMADZU PHILIPPINES CORPORATION90 +63 2 7955 1110
sales@shimadzu.com.ph

Shimadzu Philippines Corp. (SPC) is a subsidiary of Shimadzu Corporation, a prestigious Japanese multi-national organization known worldwide for its expertise and excellence in the design and manufacture of analytical, scientific, physical testing and medical equipment.

MEDICAL DEPOT PH42 +63 917 113 7690
support@medicaldepot.com.ph

Established in 1991, Medical Depot known for world-class medical equipment and supplies at wholesale prices. Recognized by the medical equipment and supplies industry, the company has morphed from a simple retail business to one of the biggest wholesalers and distributor of high-end medical and healthcare products. Growing from a small staff of 3 sales personnel, Medical Depot currently employs 150+ employees. The companys flagship store is based in Bambang, Manila [1354 Rizal Avenue Sta. Cruz (Beside LRT Bambang Station) 1014 Manila, Philippines] with over 16 branches strategically located around the metropolitan Manila area.

ORIX METRO LEASING AND FINANCE576 +63 2 8708 7087
customerservice@orix.com.ph

ORIX METRO Leasing and Finance Corporation is a leading leasing company that is a joint venture between the Metropolitan Bank and Trust Company (“Metrobank”) and ORIX Corporation of Japan. ORIX METRO and its subsidiaries serve top corporations through financing facilities and leasing services for transportation equipment, office equipment, industrial machinery and manufacturing machinery, among other things. To date, ORIX METRO has a total of 80 branches located in key cities in the Philippines. Nature of Business ORIX METRO offers the most diversified and comprehensive set of leasing and financial services. Its financial lease and mortgage loans cover trucks, heavy equipment, industrial machineries such as printing and packaging equipment; office equipment which includes computers, servers, copiers, and facsimile machines; medical equipment including CT scans, MRIs, optical and dental equipment; and other types of personal properties. The companys wholly-owned subsidiaries ORIX A…

ZAFIRE DISTRIBUTORS, INC.140 +63 2 8925 0500
customer_service@zafire.com.ph

Zafire Distributors, Inc. has 34 years of experience in marketing and distribution of life-changing In-Vitro Diagnostics and Medical Equipment products providing excellent after-sales services in the Philippines nationwide.

APAC MEDICAL EQUIPMENT6 +63 917 620 7872
info@apacme.com

Quality healthcare should be accessible to all. That starts with helping those who provide it. Most medical facilities have limited resources when it comes to upgrading their equipment. We then give underserved hospitals, surgical centers, and clinics the following: ‣ High-quality, cost-effective equipment from reliable and time-tested brands. ‣ Extensive equipment service and after-sales support. Because in an industry with as high a stake as biomedical, you cant leave things to chance. And at APAC Medical Equipment Inc., we ensure every purchase with us is one worth taking. #APACStrong

ROBUSTAN INC.40 +63 32 254 0883
info@robustan.com

Robustan Inc. was founded on the belief that, as a market leader of critical and intensive care equipment, our mission would be to serve the best interests of the medical community in each locality by offering them quality systems that are both reliable and reasonably priced. We are regarded as one of the leading distributor, buyer and whole seller of medical equipment serving hospitals, clinics, surgical & critical centers, and general medical practices in Philippines since 1998. We offer a variety of products from the industrys top manufacturers and provide our clients the best products and fastest service with both excellent quality and reasonable price. We specialize in quality Brand Equipment such as Patient Monitor, Fetal Monitor, Fetal Doppler, OR Table, OR Light, ECG, Infusion Pump, Suction, X-ray machine Defibrillator, Stress Test system and Lab consumables such as test tube, reagent, rapid test etc. Why should you choose Robustan Inc.? Ours is simple : Quality Products, Qui…

HEALTHWAY PHILIPPINES760 +63 917 466 2273
homeservice@healthway.com.ph

Healthway Medical Network (HMN) is a healthcare network based in the Philippines and is wholly owned by the Ayala Corporation under the Ayala Healthcare Holdings, Inc (AC Health). The network comprises of three business units: Healthway Multi-Specialty Centers, QualiMed Hospitals, and the upcoming Healthway Cancer Care Hospital. Healthway Multi-Specialty Centers provides outpatient medical services and operates 10 branches nationwide. The centers are equipped with state-of-the-art medical equipment and staffed by highly qualified medical professionals. QualiMed Hospitals provide comprehensive medical care and operate four hospitals and one ambulatory center in strategic locations in the country. The hospitals are designed with patient comfort in mind. The upcoming Healthway Cancer Care Hospital will specialize in the diagnosis, treatment, and management of cancer. The hospital will provide a full range of services, from cancer screening to survivorship care. With a patient base of …

MEDEQUIP28 (blank)
info@medequip.ph

A leader in Healthcare Technology Management in the Philippines with more than 15 years in the industry. MEDEQUIP is currently the only ISO/IEC 17020 Inspection Body accredited by Philippine Accreditation Bureau for Biomedical equipment covering 19 different modalities under its scope of accreditation. MEDEQUIP is also certified to ISO 9001 by URS-UKAS for Repair, Maintenance, Verification and Calibration services, Biomedical Inspection, and Management Consultancy.

HEALTHSOLUTIONS ENTERPRISES INC. - RECRUITMENT PAGE25 +63 2 8836 5858
customercare@healthsolutions.com.ph

HealthSolutions hires top performing talents who are innovative and passionate for excellence! HealthSolutions Enterprises Inc. was established in July 2006 as health care solutions provider engaged in the importation, distribution, sales and marketing of high quality medical equipment, devices and supplies, and clinical diagnostics. HealthSolutions believes in being an integral part of the hospitals organization as a source of innovative solutions to help power the medical practice and provide the best possible healthcare and safety for patients and medical practitioners. HealthSolutions employs talents who are dedicated to meeting the professional standards expected of the health care industry, and who are committed to building a healthy nation! HealthSolutions believes in an integrated business approach to deliver end-to-end expertise, service and assistance that satisfy the entire hospitals infrastructure and mission in the fields of critical diagnosis, disease alleviation, l…

MAKATI MEDICAL CENTER2,757 +63 2 8888 8999
medical_service@makatimed.net.ph

Valuing lives and providing premium and personalized healthcare services is the promise and commitment that makes Makati Medical Center (MakatiMed) the premier hospital in the Philippines for over 50 years. Located at the heart of the countrys primary central business district, MakatiMed with 600-bed capacity delivers quality and compassionate service through its highly skilled and board-certified physicians, compassionate nurses, competent allied healthcare professionals and management staff, modern facilities and state-of-the-science medical equipment and technology. MakatiMed is committed to deliver best practices in healthcare, stringent safety standards and excellent patient care. We are accredited by the Department of Health (DOH) and PhilHealths Benchbook of standards as a Center of Excellence, and is accredited as a Mother-Baby Friendly Hospital under the Mother-Baby Friendly Hospital Initiative (MBFHI) program of the DOH, the United Nations Childrens Fund (UNICEF), an…

ASPRIME INTERNATIONAL INC.3 +63 85 815 6002
info@asprimeii.com

ASPRIME is a company specializing in the sales, marketing and logistics of healthcare products, medical devices, and IT systems involving various healthcare software; patient profile system, inventory management, Hospital/Laboratory/Radiology Information System. ASPRIME serves both private and public hospitals, independent and chain pharmacies and other healthcare institutions where ASPRIME products and services can be applied. ASPRIME provides manufacturers and distributors alike, a full range of supply chain efficiencies including sales, marketing, and third party logistics. From our distribution centre in, CARAGA Region, we market products from a wide variety of manufacturers to distributors and re-sellers.

ALJERON MEDICAL36 (blank)
info@aljeronmedical.com

Aljeron Medical Enterprises (AME) is a duly licensed servicer, importer and distributor of various prestigious brands of surgical, diagnostic, laboratory and radiological equipment and devices, mainly from Europe, USA, Asia, etc. Initially headquartered at an extension of a family home, hard work and a good network helped AME become what it now is today. It was registered with the Department of Trade and Industry on May 11, 2007 with Reg. No.:00130208. While the head office is situated in Metro Manila, AME operates all over the country with the presence of its Sales Representatives, Dealers and Biomedical Engineers assigned to almost all Regions (1 to 18) in the country including CAR, CARAGA, and ARMM.

VARIANCE TRADING CORPORATION115 +63 2 8983 4616
customer.service@variancetradingcorporation.com

Variance Trading Corporation (VTC) is one of the companies owned and managed by AGGCT Management and Holding Company, Inc. whose subsidiaries engaged in a broad range of businesses for Hospital, Medical Equipment, Supplies and Medicines, Education, Food and Security Services in various Private and Government entities in the Philippines.

MEDTEK83 (blank)
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Medical Trends & Technologies, Inc. (MEDTEK) is a diagnostic company that distributes rapid diagnostic tests and laboratory analyzers to Filipino medical institutions. Established in 2003, our company takes pride in our products ability to deliver accurate medical results quicker than the conventional diagnostic testing. We address the pressing need to advance the quality of life through prompt medical care with the support of leading diagnostic and biotechnology firms around the globe. Our dynamic distribution network ensures the constant availability of our products, services, and management to an expansive clientele consisting primarily of medical technologists, physicians, and hospital directors spread across the Philippines.

PROGRESSIVE MEDICAL CORPORATION47 +63 969 315 6888
info@pmc.ph

Progressive Medical Corporation is a company based in the Philippines, established in 1982 to bring healthcare products of the highest standard to Filipinos. Today, Progressive Medical Corporation is an industry leader in importing and exporting medical, surgical, laboratory, and scientific products, providing service to approximately 6,000 customers throughout the Philippines and overseas. Our primary goal is to address the needs of major medical and healthcare industries and practices, including hospitals, medical clinics, healthcare centers, healthcare professionals, pharmacies, laboratories, and other institutions focused on the chain of care. We also cater to different schools, universities, industrial, and government units. At Progressive Medical Corporation, we are determined to grow together with our customers by providing them with the best value and cost-effective medical and healthcare products.

SCIENTIFIC BIOTECH SPECIALTIES, INC.86 +63 2 8896 9382
info@sbsi.com.ph

Scientific Biotech Specialties, Inc. (SBSI) is a Philippine distributor which imports in vitro diagnostic products such as medical equipment, reagents, consumables and spare parts, provides services such as trainings and technical support, and creates IT solutions to hospitals and clinical laboratories across the Philippines. SBSI also imports and distributes manufacturing instrumentation and controls, and quality assurance solutions for the industrial laboratories in the pharmaceutical, food and beverage industries. It is committed to help develop an excellent diagnostics healthcare system and grow the industrial market in the Philippines by relentlessly searching for affordable but innovative in vitro diagnostics and industrial solutions and make them accessible in all regions of the country. SBSI has been operating for over twenty (20) years in the Philippine diagnostics market. It has been one of the leading local diagnostics companies which are at the forefront in developing …

SONAK GROUP OF COMPANIES68 +63 2 8776 7979
customerservice@sonak.com.ph

From its modest beginnings in 1966 as an import company engaged in general merchandising, SONAK has consolidated into a global trading business concern with a worldwide network that spans Japan, Singapore, Hong Kong, Taiwan, Thailand, Malaysia, China, India, Korea, New Zealand, U.S.A, Poland, Canada and Europe. SONAK is wholly owned by the Buxani family with an integrated import and distribution based in the Philippines. After the early years in general merchandising operating as Sonia Trading, the company found its niche in the importation and distribution of sports lines. In 1972, the company was awarded the exclusive local distributorship of the tournament brand Mikasa balls from Japan. SONAK has grown to become one of Philippines sports foremost suppliers of premier sporting goods, footwear, and medical equipment. As part of the plan envisioned by our most beloved founder to improve and expand our commitment to all our business partners and ultimately consumers of our products, …

MABUHAY DESERET FOUNDATION17 +63 2 8912 0096
email@mabuhaydeseretfoundation.org

Founded in 1988, the Mabuhay Deseret Foundation ( a Charity Vision Intl affiliate) has provided thousands of free and subsidized operations every year to correct medical conditions such as cataracts, crossed eyes, cleft lip and palate, clubfeet, and limb loss in need of prosthesis, for individuals without means. The word deseret comes from the ancient word for honeybee and represents the philosophy of the foundation. In a beehive everyone contributes to make something sweet. At Mabuhay Deseret, Filipino doctors volunteer their time, local hospitals provide substantial discounts on the use of their facilities and patients and their family members contribute by cooking and cleaning during their stay in our Recuperative Houses. By working together with members of the community, the Foundation is able to perform dramatic, life-changing surgery for thousands of Filipinos every year. **************************************** VISION We envision a community who works together to care for in…

Top Medical Devices Companies in Philippines

Key Statistics from 2022

In 2022, the Philippine economy experienced strong growth, with a GDP increase of 6.5%, up from the 5.8% growth in 2021. The medical instruments and supplies industry contributed approximately 0.6% to the GDP in 2022, showcasing its importance in driving economic growth and supporting the healthcare sector.

The medical instruments and supplies industry provided employment for over 38,000 individuals in 2022, representing a 4.2% increase compared to the previous year. This growth demonstrates the industry's ability to create jobs and contribute to the nation's overall economic development.

Factors Contributing to Growth and Success

Government Initiatives

The Philippine government has played a crucial role in the growth and success of the medical instruments and supplies industry. Through the Department of Health (DOH), Department of Science and Technology (DOST), and the Department of Trade and Industry (DTI), the government has implemented various initiatives, such as research and development (R&D) funding, tax incentives, and support for local manufacturers, aimed at fostering growth and promoting the industry.

Expanding Healthcare Sector

The expansion of the Philippines' healthcare sector has driven the growth of the medical instruments and supplies industry. With a growing population and increasing demand for healthcare services, the need for high-quality medical instruments and supplies has risen, fueling the industry's growth and success.

Industry Growth and Comparison to Previous Years

The medical instruments and supplies industry in the Philippines has experienced steady growth over the past decade, with an increasing number of local and international companies investing in the sector. In 2022, the industry grew by 5.6%, outpacing the growth of the overall economy. This growth reflects the industry's potential to drive economic development and support the healthcare sector.

Key Trends

Technological Disruptions

Technological advancements have led to significant transformations in the medical instruments and supplies industry. Innovations such as 3D printing, robotics, and artificial intelligence have revolutionized traditional manufacturing processes, creating more efficient, cost-effective, and customized solutions.

Telemedicine and Remote Monitoring

The adoption of telemedicine and remote monitoring technologies has become a significant trend in the healthcare sector, driving the demand for medical instruments and supplies designed to support these services. This shift has resulted in the development of new products and solutions that cater to the evolving needs of healthcare providers and patients.

Challenges

Despite its growth, the medical instruments and supplies industry in the Philippines faces several challenges that may impact its future development. Key challenges include:

Regulatory Compliance

Navigating the complex regulatory landscape remains a significant challenge for the industry. Companies must comply with various local and international regulations concerning product quality, safety, and environmental protection, which can be both time-consuming and costly.

Competition and Globalization

The industry faces intense competition from regional and global players, making it essential for local companies to continually innovate and improve their products and processes to remain competitive.

Future Outlook

Despite these challenges, the outlook for the medical instruments and supplies industry in the Philippines remains positive. The government's continued commitment to investing in healthcare, research, and infrastructure, combined with the sector's adaptability and resilience, suggests that the industry is well-positioned for future growth. Key areas of focus moving forward include:

Enhancing innovation and R&D capabilities to maintain competitiveness in the global market and drive the development of new products and processes.

Strengthening collaboration between industry, academia, and government to create a synergistic ecosystem that fosters growth and development in the medical instruments and supplies sector.

Embracing digital transformation and adopting advanced technologies to improve manufacturing processes, product quality, and customer experiences.

Conclusion

In conclusion, the medical instruments and supplies industry in the Philippines has showcased its potential to adapt to changing market conditions and evolving healthcare needs. This adaptability, along with ongoing government support, presents a positive outlook for the future. As the industry navigates the challenges ahead, a focus on innovation, collaboration, and digital transformation will be essential for continued success. By doing so, the medical instruments and supplies sector can maintain its momentum and reinforce its position as a key contributor to the Philippines' economic prosperity.

Furthermore, the industry's growth will continue to generate employment, stimulate investment, and foster collaboration among various sectors, solidifying its role as a vital component of the country's economic fabric. The sustained growth of the medical instruments and supplies industry will also contribute to improving the quality of healthcare services in the Philippines, ultimately leading to better health outcomes for the nation's population.

As the world continues to face new health challenges, the medical instruments and supplies industry will play an increasingly crucial role in providing the necessary tools and technologies for healthcare providers to deliver effective care. By embracing innovation and leveraging advanced technologies, the industry will be better equipped to meet these challenges and support the continued growth and development of the Philippines' healthcare sector.

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By Melissa Goh
Published on 29 May 2023